Richard Beattie - Evercore Partners Independent Director

EVR Stock  USD 309.53  8.23  2.73%   

Director

Mr. Richard I. Beattie is Independent Director of the Company. He is Senior Chairman of Simpson Thacher, a position he has held since 2004. Mr. Beattie was a partner of Simpson Thacher since 1977 and had served as Chairman of the Executive Committee of that firm from 1991 to 2004. Mr. Beattie specializes in counseling boards of directors and nonmanagement directors on governance issues, investigations and litigation involving corporate officers and other crisis situations. He also specializes in mergers and acquisitions and leveraged buyouts. Mr. Beattie also has a distinguished record of public service, including serving as General Counsel of the Department of Health, Education and Welfare during President Carters administration and as a Senior Advisor to the Secretary of State for Reorganization Issues in 1997 during President Clintons administration. From 1995 to 1997, Mr. Beattie served as President Clintons Emissary for Cyprus. Mr. Beattie is a member of the Council on Foreign Relations, the Board of Overseers and Managers of Memorial SloanKettering Cancer Center and the Board of Managers of Memorial Hospital for Cancer and Allied Diseases. Mr. Beattie is also a member of the board and founder of New Visions for Public Schools. Mr. Beattie joined Simpson Thacher in 1968 after graduating from the University of Pennsylvania Law School. Prior to law school, he served four years in the Marine Corporationration as a jet pilot after graduating from Dartmouth College in 1961. since 2010.
Age 81
Tenure 14 years
Address 55 East 52nd Street, New York, NY, United States, 10055
Phone(212) 857-3100
Webhttps://www.evercore.com

Evercore Partners Management Efficiency

The company has Return on Asset of 0.1045 % which means that on every $100 spent on assets, it made $0.1045 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2067 %, implying that it generated $0.2067 on every 100 dollars invested. Evercore Partners' management efficiency ratios could be used to measure how well Evercore Partners manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Evercore Partners' Return On Capital Employed is relatively stable compared to the past year. As of 11/22/2024, Return On Equity is likely to grow to 0.31, while Return On Tangible Assets are likely to drop 0.07. At this time, Evercore Partners' Total Assets are relatively stable compared to the past year. As of 11/22/2024, Other Assets is likely to grow to about 2.1 B, though Non Currrent Assets Other are likely to grow to (772.2 M).
Evercore Partners has 844.39 M in debt with debt to equity (D/E) ratio of 0.46, which is OK given its current industry classification. Evercore Partners has a current ratio of 1.88, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Evercore to invest in growth at high rates of return.
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. Evercore Inc. was founded in 1995 and is headquartered in New York, New York. Evercore Partners operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 2160 people. Evercore Partners (EVR) is traded on New York Stock Exchange in USA. It is located in 55 East 52nd Street, New York, NY, United States, 10055 and employs 2,395 people. Evercore Partners is listed under Investment Banking & Brokerage category by Fama And French industry classification.

Management Performance

Evercore Partners Leadership Team

Elected by the shareholders, the Evercore Partners' board of directors comprises two types of representatives: Evercore Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Evercore. The board's role is to monitor Evercore Partners' management team and ensure that shareholders' interests are well served. Evercore Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Evercore Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Walsh, Chief Financial Officer
Jason JD, Corporate MD
Willard Overlock, Independent Director
Simon Robertson, Independent Director
Liz Lynch, Senior Group
John Scuorzo, Senior Managing Director - Capital Markets
Eduardo Mestre, Chairman Banking
William Wheeler, Independent Director
Jamie Easton, Head of Investor Relations
Chris Turek, Chief MD
MSc MBA, Senior Officer
David Ying, Senior Director
John Weinberg, Co-Chairman of the Board, Co-Chief Executive Officer
Sarah Williamson, Independent Director
Juan Cozar, Senior Managing Director
Robert Millard, Independent Director
Celeste Brown, Chief Financial Officer, Senior Managing Director
Richard Beattie, Independent Director
Gail Harris, Lead Independent Director
Roger Altman, Founder, Senior Chairman and Director
Kristen Youngren, Managing Compliance
Edward Hyman, Vice Chairman; Chairman of Evercore ISI
Ralph Schlosstein, Co-Chairman of the Board, Co-Chief Executive Officer
David Lischer, Senior Managing Director
Jason Klurfeld, General Counsel, Corporate Secretary
Kendrick Wilson, Independent Director
Christopher Sanger, Managing Director
Ellen Futter, Independent Director
Joe Todd, Senior Managing Director
Katy Haber, Head ESG
Pamela Carlton, Independent Director
William Hiltz, Senior Business
Andrew Sibbald, Chief Executive Officer of Evercore Partners International
Paul CPA, CoDirector MD

Evercore Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Evercore Partners a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Evercore Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evercore Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evercore Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Evercore Stock

  0.81AC Associated CapitalPairCorr
  0.95GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.92MC Moelis Potential GrowthPairCorr
  0.95SF Stifel Financial Earnings Call This WeekPairCorr
  0.68TW Tradeweb Markets Normal TradingPairCorr

Moving against Evercore Stock

  0.67XP Xp IncPairCorr
  0.45EG Everest GroupPairCorr
  0.38HG Hamilton Insurance Group,PairCorr
The ability to find closely correlated positions to Evercore Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evercore Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evercore Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evercore Partners to buy it.
The correlation of Evercore Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evercore Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evercore Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evercore Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Evercore Stock Analysis

When running Evercore Partners' price analysis, check to measure Evercore Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evercore Partners is operating at the current time. Most of Evercore Partners' value examination focuses on studying past and present price action to predict the probability of Evercore Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evercore Partners' price. Additionally, you may evaluate how the addition of Evercore Partners to your portfolios can decrease your overall portfolio volatility.