Media

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Evercore Wealth Management Names Paula Stumne Managing Director, Wealth and Fiduciary Advisor

Evercore Wealth Management today announced the appointment of Paula Stumne to managing director, wealth and fiduciary advisor. Ms. Stumne is based in Minneapolis and works directly with ultra-high-net-worth client families, foundations and endowments, delivering comprehensive strategic wealth planning and fiduciary services.

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Evercore Hosts 3rd Annual Global Clean Energy & Transition Technologies Summit, June 11-12, 2024

Evercore will host its annual Global Clean Energy & Transition Technologies Summit at the Mandarin Oriental Hotel in New York City on June 11 and 12, 2024.

This year’s Summit will host industry experts from over 70 leading energy transition companies as well as a broad range of investment professionals. Presenting companies represent a cross-section of leaders in mobility, renewable power, distributed energy, energy storage, hydrogen, software, energy efficiency and advanced fuels and materials.

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Evercore Reports First Quarter 2024 Results; Increases Quarterly Dividend to $0.80 Per Share

First Quarter Net Revenues of $580.8 million on a U.S. GAAP basis and $587.3 million on an Adjusted basis increased 2% on both a U.S. GAAP and an Adjusted basis versus First Quarter 2023.

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Mark Lipacis Joins Evercore ISI as Senior Managing Director

Evercore announced today that Mark Lipacis has joined Evercore ISI as a senior managing director to lead research coverage of semiconductor and capital equipment companies.

Mr. Lipacis brings over 25 years of semiconductor device and semi-cap equipment investing expertise. He joined Evercore from Jefferies and has sell-side experience across Wall Street, including with Morgan Stanley, Prudential and Merrill Lynch. Mr. Lipacis ranked No. 1 in Institutional Investor’s All-America Research poll for the past two years and is well recognized for his thematic industry content, client focus and creative marketing strategies. He holds a master’s in electrical engineering from Drexel University and an MBA from University of Virginia’s Darden School of Business.

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Marcelo Pizzimbono Joins Evercore ISI as Head of Sales

Evercore announced today that Marcelo Pizzimbono has joined Evercore ISI as a senior managing director and head of sales.

Mr. Pizzimbono has more than 30 years of experience in financial services. Most recently, he was managing partner at CrossRegional Management, where he helped build one of the leading alternative private credit/direct lending companies in Latin America. Prior to that, he was a managing director and head of U.S. institutional equity franchise sales at Goldman Sachs, and a managing director and head of global prime brokerage sales and U.S. equity sales at Deutsche Bank. He also spent 10 years in equity sales at Goldman Sachs, and three working for JPMorgan in Latin American sales.

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Evercore Reports Fourth Quarter and Full Year 2023 Results; Quarterly Dividend of $0.76 Per Share

Fourth Quarter and Full Year Net Revenues were $784.2 million and $2.4 billion, respectively, on a U.S. GAAP basis and $790.3 million and $2.4 billion, respectively, on an Adjusted basis. Full Year 2023 Net Revenues decreased 12% on both a U.S. GAAP and an Adjusted basis versus 2022.

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Sarah Bianchi Joins Evercore ISI as Senior Managing Director

Evercore announced today that Sarah Bianchi has rejoined Evercore ISI as a senior managing director and chief strategist of international political affairs and public policy.

Ambassador Bianchi has nearly 30 years’ experience in both the public and private sector. Most recently, she served as deputy U.S. Trade Representative from 2021 to 2024, overseeing critical trading relationships across Asia and Africa. Her portfolio covered all aspects of trade, including sustainable supply chains, onshoring-shoring, energy transition, tariffs, technology, global trade agreements, labor, advanced technology and the environment.

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2024 Senior Managing Director Promotions

We are pleased to announce that we are promoting 12 of our talented professionals to Senior Managing Director. Each of our new SMDs has demonstrated excellence in serving our clients and has contributed materially to the commercial success of the firm while embodying our Firm’s core values. These promotions highlight our commitment to growing and nurturing our internal talent who consistently operate at the highest level of performance.

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Evercore to Announce Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on January 31, 2024

Evercore will release its fourth quarter and full year 2023 financial results on Wednesday, January 31, 2024 at 6:45 a.m. Evercore will host a related conference call, accessible via telephone and webcast, beginning at 8:00 a.m. Eastern Time that same day.

Evercore’s Chairman and Chief Executive Officer John S. Weinberg, and Chief Financial Officer, Tim LaLonde, will review the Firm’s fourth quarter and full year 2023 financial results. Following the review, there will be a question and answer session. This conference call is expected to last approximately one hour.

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Neil Wolitzer Joins Evercore as Senior Managing Director in the Real Estate Investment Banking Group

Evercore announced today that Neil Wolitzer has joined the firm as a senior managing director in the Real Estate Investment Banking group.

Daniel Mendelow, co-head of U.S. Investment Banking, said, “Real estate is a priority growth area for our firm. We believe that Neil’s integrity and client-focused values align very well with our own, and we are looking forward to benefiting from his experience, creativity and vision to help grow this critical business over the next decade and beyond.”

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