NEW YORK, March 21, 2016 – Evercore Trust Company, a subsidiary of Evercore(NYSE: EVR), announced today that Lori E. Bostrom has joined the business as a Managing Director based in New York, further expanding the legal and regulatory expertise of the team.
Ms. Bostrom was most recently Senior Vice President and Deputy General Counsel at OppenheimerFunds, where she had broad responsibilities including development and distribution of retirement services, and legal oversight of the firm’s employee 401(k) plan. With over 30 years of legal and ERISA experience focused specifically on the financial services industry, Lori brings a wealth of expertise in areas relevant to Evercore Trust’s clients, including retirement products, mutual funds and other investment vehicles, and insurance. Lori has participated extensively in retirement industry trade associations, and has developed a particular focus on the nexus of securities and retirement regulation. Her previous experience includes roles with Prudential Financial, Inc. and The Guardian Life Insurance Company of America, as well as six years of private practice.
Ciara Burnham, Evercore Trust’s President and CEO, said, “We are pleased to have a lawyer with Lori’s track record and substantial experience join Evercore Trust, further expanding our legal and regulatory expertise. Lori’s knowledge of plan sponsor and retirement product issues will be valuable to our clients, as they seek to manage the increasingly complex issues facing plan sponsors.”
Bill Ryan, Evercore Trust’s Chief Fiduciary Officer, said, “We already have a strong franchise as a leading independent fiduciary serving corporate plan sponsors, particularly financial institutions facing complex challenges, and Lori’s expertise is well suited to support the continued growth of our business.”
Ms. Bostrom commented, “Evercore Trust’s deep capabilities and focus on providing high-quality, differentiated independent fiduciary services is well-known in the marketplace and highly valued by plan sponsors. As the legal and regulatory environment continues to evolve and present new issues for plan sponsors, there will be increasing demand for Evercore Trust’s capabilities. I am delighted to be joining the team.”
Ms. Bostrom has a BA in Government and History from Skidmore College and a JD from Cornell Law School.
About Evercore Trust Company, N.A.
Evercore Trust Company, N.A., a national trust bank regulated by the Office of the Comptroller of the Currency and a wholly owned subsidiary of Evercore, provides independent fiduciary services, specialized investment management, and trustee services to employee benefit plans and their sponsors. Evercore Trust also provides personal trustee, executor, and custody services, and partners with its affiliate Evercore Wealth Management to provide customized investment and wealth management services to families, individuals, and related institutions. Evercore Trust serves clients from its offices in New York, Washington D.C., Los Angeles, and San Francisco. More information about Evercore Trust can be found on the Company’s website at www.evercoretrustcompany.com.
Established in 1995, Evercore is a leading global independent investment banking advisory firm. Evercore advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. The firm also offers investment management services to high net worth and institutional investors. With 28 offices in North America, Europe, South America and Asia, Evercore has the scale and strength to serve clients globally through a focused and tailored approach designed to meet their unique needs. More information about Evercore can be found on the Company’s website at www.evercore.com.
Robert B. Walsh
Chief Financial Officer, Evercore
President & CEO, Evercore Trust Company, N.A.
The Abernathy MacGregor Group, for Evercore