-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JYLQlSBqu+JpNTEFtWnXcd2lZwmVyib2LSNFWV+gXm5mz3HplOlIHqTey7a9w2dp hfSauV14mMDPAImaKQaUxg== 0001193125-08-075774.txt : 20080407 0001193125-08-075774.hdr.sgml : 20080407 20080407073103 ACCESSION NUMBER: 0001193125-08-075774 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080403 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080407 DATE AS OF CHANGE: 20080407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Evercore Partners Inc. CENTRAL INDEX KEY: 0001360901 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 204748747 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32975 FILM NUMBER: 08741773 BUSINESS ADDRESS: STREET 1: 55 EAST 52ND STREET STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10055 BUSINESS PHONE: 212-857-3100 MAIL ADDRESS: STREET 1: 55 EAST 52ND STREET STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10055 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 3, 2008

EVERCORE PARTNERS INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-32975   20-4748747
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

55 East 52nd Street, 43rd Floor

New York, New York

  10055
(Address of principal executive offices)   (Zip Code)

(212) 857-3100

(Registrant’s telephone number, including area code)

NOT APPLICABLE

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 3, 2008, Austin M. Beutner, President, Co-Chief Executive Officer, Co-Founder and Director of Evercore Partners Inc. (the “Company”), informed the Company of his decision to retire from his positions at the Company, effective May 1, 2008.

Roger C. Altman, Chairman and Co-Chief Executive Officer, will become the Company’s sole chief executive. No other managerial changes are planned. Pedro Aspe will remain Co-Chairman of Evercore. Eduardo Mestre and Bernard Taylor also will remain Vice Chairmen.

The full text of the press release announcing Mr. Beutner’s retirement is filed herewith as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

 

Exhibit No.

  

Description

99.1    Press Release of Evercore Partners Inc., dated April 7, 2008


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    EVERCORE PARTNERS INC.
Date: April 7, 2008       /s/ Adam B. Frankel
      By:   Adam B. Frankel
      Title:   General Counsel


INDEX TO EXHIBITS

 

Exhibit No.

  

Description

99.1    Press Release of Evercore Partners Inc., dated April 7, 2008
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

Evercore Partners’ Austin M. Beutner To Retire

NEW YORK, April 7, 2008 – Evercore Partners Inc. (NYSE: EVR) announced today that Austin M. Beutner, President, Co-Chief Executive Officer and Co-Founder, has chosen to retire from the Firm and its Board of Directors, effective May 1, 2008. Mr. Beutner advised Evercore late last week of this decision, which was entirely at his initiation. He has been on medical leave since undergoing a series of medical procedures in mid-December related to a bicycle accident.

“I expect to make a full recovery,” Mr. Beutner said. “But, the process will take more time. For the near term, I want to dedicate myself to that and to my family.”

“I was fortunate to co-found Evercore at the beginning of 1996,” Mr. Beutner added. “Running the Firm with Roger over all the intervening years has been deeply fulfilling and very successful. Evercore has never been stronger than it is now, and I have no doubt that it will continue to be successful.”

Roger C. Altman, Chairman and Co-Chief Executive Officer, will become the Firm’s sole Chief Executive Officer. No other managerial changes are planned. Pedro Aspe will remain Co-Chairman of Evercore. Eduardo Mestre and Bernard Taylor also will remain Vice Chairmen.

“It is with nostalgia and wistfulness that I accept Austin’s decision,” Mr. Altman said. “We had a very effective and complementary partnership together. Evercore would be nowhere near where it is today without the contributions he made.”

About Evercore Partners

Evercore Partners is a leading investment banking boutique and investment company. Evercore’s Advisory business counsels its clients on mergers, acquisitions, divestitures, restructurings and other strategic transactions. Evercore’s Investment Management business manages private equity funds and traditional asset management services for sophisticated institutional investors. Evercore serves a diverse set of clients around the world from its offices in New York, Los Angeles, San Francisco, London, Mexico City and Monterrey, Mexico. More information about Evercore can be found on the Company’s Web site at www.evercore.com.

 

Investor Contact:   

Robert B. Walsh

Chief Financial Officer, Evercore Partners

212-857-3100

  
Media Contact:   

Kenny Juarez or Chuck Dohrenwend

The Abernathy MacGregor Group for Evercore Partners

212-371-5999

  

 

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