Roger Altman founded Evercore Inc. in 1995 after a long career on Wall Street and Washington. He’s now laying the groundwork to make sure it thrives after he exits. Evercore will elevate a pair of executives, Ralph Schlosstein and John S. Weinberg, to be co-chief executive officers and co-chairmen of the board, allowing the 74-year-old Mr. Altman, Evercore’s senior chairman, to take another step back from the firm he built into a small but notable player on Wall Street.

Source: Wall Street Journal July 15, 2020 11:03 UTC