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Ralph L. Schlosstein is the Chief Executive Officer and President of Evercore, a role he took on in May 2009. He has a strong educational background with a B.A. from Harvard College and an M.B.A. from Harvard Business School, which...

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Ralph L. Schlosstein

Founder and Ex-CEO of Evercore

Education

B.A. from Harvard College, M.B.A. from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

October 17, 1954 - 70 years ago

CEO of Evercore for

13 years 10 months (Aug 2006 - Jul 2020)

Previous Experience

Co-founder of Evercore, former President of the firm, and former Vice Chairman of the Board of the New York Stock Exchange

Holdings

See how much did Ralph L. Schlosstein make over time.

Ralph Schlosstein's holdings in Evercore showcase his deep commitment to the company. His stock awards have significantly appreciated, contributing to his overall wealth. In 2021, he saw notable fluctuations in stock trading, with monthly values peaking at over $80 million....

Insider Trading

See recent insider trades of Ralph L. Schlosstein.

No insider trades found for this CEO.

Compensation History

See how much did Ralph L. Schlosstein make over time.

In 2020, Ralph Schlosstein earned a total compensation of about $7.25 million, which included a base salary of $500,000 and a hefty discretionary bonus of $4.25 million based on his performance and leadership during a challenging year. His compensation reflects a philosophy at Evercore that aligns executive pay with company performance. The total value of his vested stock awards also contributes significantly to his earnings, with a total of more than $10 million tied to performance metrics like revenue growth and earnings per share. Over the years, his bonuses have varied, peaking at $8.5 million in 2018. This structure rewards his strategic guidance and the overall success of Evercore, showcasing a commitment to building long-term value for shareholders.

Year

2020

Total Compensation

$14.99M

Salary

$500.00K

Board Justification

The compensation philosophy of Evercore is to align executive compensation with company performance, ensuring that a significant portion of total compensation is performance-based and linked to the achievement of strategic objectives.

Bonus

$4.25M

Board Justification

The discretionary annual bonus awarded to Mr. Schlosstein for 2020 was based on his strong performance and leadership in managing the company during a challenging year, with a total value of $8.5 million, which was equal to his discretionary annual bonus in 2018, our previous record year.

Other

$0.00

Board Justification

No other compensation was reported for Mr. Schlosstein in 2020.

Restricted Stock

$10.24M(93.47K RSU)

Board Justification

The stock awarded to Mr. Schlosstein in connection with his performance in 2020 vested in equal installments over four years, with a total value of $2,565,103 based on the closing price of the Class A common stock on December 31, 2020.

Performance Metrics

The performance metrics considered for Mr. Schlosstein's compensation included record net revenues, earnings, and EPS growth, as well as overall company performance during the COVID-19 pandemic.

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