Evercore Names Celeste Mellet Brown as Next Chief Financial Officer
May 28 2021 - 7:00AM
Business Wire
Robert Walsh to Retire at Year End
Evercore (NYSE: EVR) announced today that it has named Celeste
Mellet Brown as its Chief Financial Officer, effective September 1,
2021. As CFO, she will be responsible for Evercore’s financial,
tax, internal audit, information technology, investor relations,
communications and real estate functions. She will succeed Robert
B. Walsh, who today announced his intention to retire from Evercore
on December 31, 2021. Ms. Mellet Brown will become a Senior
Managing Director of Evercore on July 1, 2021 allowing her to work
with Mr. Walsh, both before and after assuming the role of CFO, to
ensure a seamless transition.
Ms. Mellet Brown brings more than 20 years of industry
experience, most recently serving as Executive Vice President and
Chief Financial Officer of Fannie Mae, where she was responsible
for financial management functions, including controllers,
treasury, asset/liability management and financial reporting,
planning and analysis. She also had oversight for corporate
strategy, including strategic planning and research. Prior to
joining Fannie Mae, Ms. Mellet Brown spent 18 years at Morgan
Stanley, where she served in a variety of roles, most recently as
Global Treasurer, and before that as Head of Investor, Creditor and
Counterparty Relations and as an Equity Research Analyst. She began
her career as an investment banker at BT Alex Brown and earned a
Bachelor of Arts in Economics from Princeton University.
“We are delighted to welcome Celeste to our leadership team,”
said John Weinberg, Co-Chairman and Co-Chief Executive Officer.
“Her financial expertise and superior track record at Fannie Mae
and before that at Morgan Stanley make her extremely well qualified
to lead Evercore’s finance organization as we enter our next phase
of growth. Bob has done an extraordinary job laying the groundwork
for our success to date and we are grateful for his many
significant contributions to the firm. We have greatly valued Bob’s
leadership, professionalism and focus on continuing to evolve
Evercore with our mission to serve clients with Excellence. On a
personal note, I have immensely appreciated Bob’s counsel,
thoughtful advice and friendship.”
Ralph Schlosstein, Co-Chairman and Co-Chief Executive Officer,
added, “We are thrilled that Celeste has chosen to succeed Bob in
this role that is critically important to our future success. We
feel fortunate to have attracted such a strong talent to our firm.
With respect to Bob, he has served as a great partner since I
arrived at Evercore more than a dozen years ago working arm in arm
with the entire leadership team to build the Evercore platform and
brand. His determination, pragmatic focus, creativity and
leadership have been instrumental to our success and his
contributions have been invaluable. He has built an exceptional
leadership team who will continue to work closely with John and me,
and shortly Celeste, as we continue to build the firm in the
future. On behalf of the Board of Directors and all of our
colleagues, I want to express my sincere gratitude to Bob for his
tireless work and significant contributions to the firm. We could
not have achieved our current success without him and he definitely
will be missed.”
“I am thrilled to join Evercore’s talented team. I have long
admired the firm and I am honored to be joining the team during
such an exciting time in Evercore’s evolution. I am energized by
the many opportunities ahead for Evercore and am looking forward to
partnering with the leadership team and contributing to its
continued success,” said Ms. Mellet Brown.
Mr. Walsh commented, “It has been a privilege to serve as a
member of Evercore’s leadership team for the past 14 years.
Together, we have built the leading independent investment banking
and securities firm and have cultivated a strong team that is
poised to compete with the largest and most successful firms in the
business. As I step back to focus on family and consider my next
challenge, I will be closely following Evercore’s success. I am
confident in my team, the Board and leadership’s ability to
continue to grow the business.”
About Evercore
Evercore (NYSE: EVR) is a premier global independent investment
banking advisory firm. We are dedicated to helping our clients
achieve superior results through trusted independent and innovative
advice on matters of strategic significance to boards of directors,
management teams and shareholders, including mergers and
acquisitions, strategic shareholder advisory, restructurings, and
capital structure. Evercore also assists clients in raising public
and private capital and delivers equity research and equity sales
and agency trading execution, in addition to providing wealth and
investment management services to high net worth and institutional
investors. Founded in 1995, the Firm is headquartered in New York
and maintains offices and affiliate offices in major financial
centers in the Americas, Europe, the Middle East and Asia. For more
information, please visit www.evercore.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210528005066/en/
Investor Contact: Hallie Elsner Miller Head of Investor
Relations +1.917.386.7856
Media Contact: Dana Gorman Abernathy MacGregor, for
Evercore +1.212.371.5999
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