Evercore Says John Weinberg To Join As Executive Chairman

(RTTNews) - Investment banking advisory firm Evercore (EVR) Wednesday announced that John Weinberg has joined the firm as Chairman of the Board and Executive Chairman.

He joins a senior management team that now includes Roger Altman, who will become Founder and Senior Chairman, and Ralph Schlosstein, President and Chief Executive Officer. Both Altman and Schlosstein will remain on the Board of Directors.

Weinberg most recently was Vice Chairman of Goldman Sachs Group from June 2006 to October 2015. He was Co-Head of Global Investment Banking from 2002 to 2014. Before that he was Co-Head of Investment Banking in the Americas. At Goldman Sachs, Weinberg provided strategic and financial advice to a number of leading companies, including Ford, General Electric, and Boeing. He also advised on the IPOs of Visa and Under Armour.

Weinberg joined Goldman Sachs in 1983 and was promoted to Partner in 1992.

Ralph Schlosstein, Evercore's President and Chief Executive Officer said, "John has a well-deserved reputation among clients and industry leaders as an extraordinarily talented and highly principled advisor and leader. His deep experience as a long-time leader of a premier financial institution will strengthen and deepen our senior leadership team as we continue to pursue our goal of becoming the most elite global independent investment banking advisory firm in the world."