Evercore have announced that Dan Ward has agreed to join the Firm’s Investment Banking business as a Senior Managing Director. Ward will focus on Evercore’s global efforts in the energy sector and will be based in New York.
Ward was most recently a Managing Director and Global Head of the Natural Resources Group at Deutsche Bank Securities. With over 25 years of corporate and investment banking experience focused on the energy and broader natural resources sectors, he has advised on a number of notable strategic transactions for a range of clients, including Anadarko Petroleum, Chevron Corp, Halliburton Company, Ensco, Statoil, BP and HollyFrontier.
Roger Altman, Evercore’s Executive Chairman, said, “Evercore is fortunate to have an extraordinarily strong energy banking franchise, and Dan Ward will strengthen it even further. He has a superb record and deep experience in the large cap multinational energy sector, and that will be very complementary to our current energy platform.”
Ralph Schlosstein, Evercore’s President and Chief Executive Officer, said, “We view the energy industry as an important and evolving sector of our economy and critically important to our investment banking franchise. We have been advising a number of companies in the sector on debt restructuring, as well as M&A, and expect to be significantly involved in the future recapitalization of the industry through our Equities business. Dan has a reputation as a highly regarded and trusted strategic and financial advisor to some of the industry’s most prominent companies, and he will be a strong addition to our preeminent Energy investment banking practice.”
Ward commented, “Evercore’s focus on client service and on providing high-quality, differentiated and independent advice is well-known in the marketplace and highly valued by clients. The energy sector is evolving dramatically in the face of volatile commodity prices, challenged capital markets, new technologies and global political and economic events. In the face of these challenges and opportunities, there will be increasing demand for Evercore’s brand of customized, detailed and unbiased advice. I have worked with many senior members of the Evercore team, both across the table on transactions or as colleagues earlier in our careers. I am proud to have the opportunity to join them as a partner.”
Ward has a BSc, magna cum laude in Economics, from Villanova University and an MBA from Columbia Business School.