Duff & Phelps Appoints Jacob Silverman as Firm President; Elevates Bob Bartell to Investment Banking Leader

  Duff & Phelps Appoints Jacob Silverman as Firm President; Elevates Bob
  Bartell to Investment Banking Leader

Business Wire

NEW YORK -- September 17, 2013

Duff & Phelps Corporation, a leading independent financial advisory and
investment banking firm, today announced that Jacob Silverman, Duff & Phelps’
Global Investment Banking leader, will assume the role of President of Duff &
Phelps, effective immediately. In this capacity, Mr. Silverman will assume
direct oversight for all of the Firm’s business units. Robert Bartell has been
named Global Investment Banking leader, succeeding Mr. Silverman. Noah
Gottdiener will continue to serve as Chairman and Chief Executive Officer and
will direct overall strategy for the firm.

“Jake’s highly successful tenure at Duff & Phelps as Chief Financial Officer
and Global Investment Banking leader has uniquely positioned him for this
role,” Mr. Gottdiener commented. “As President, he will draw on these
experiences and his own considerable expertise to ensure the Firm’s
performance in both our service to clients and our pursuit of growth.”

Mr. Silverman joined Duff & Phelps in March 2004. He became head of Investment
Banking in March 2011, after serving as CFO for five years. Prior to joining
Duff & Phelps, he held a number of investment banking and corporate finance
leadership roles. He currently serves as a member of the board of directors
for iLevel Solutions, a leading provider of private equity software and
reporting solutions. Mr. Silverman received his M.B.A. and B.A. from Harvard

Mr. Bartell joined Duff & Phelps in 1997. He previously served as a managing
director in the Investment Banking group, co-head of the global Transaction
Opinions group and leader for the Chicago office. He has nearly 20 years of
experience in corporate finance engagements, including mergers and
acquisitions advisory, fairness and solvency opinions, financial
restructuring, portfolio valuation, ESOPs, management equity compensation
plans and shareholder disputes. He holds an M.B.A. from The University of
Chicago Booth School of Business (formerly known as the GSB) and a B.S. from
the University of Illinois in Champaign-Urbana.

Concurrent with this announcement, Kleon Phili, who has most recently been
serving as executive vice president and Financial Advisory Services leader,
will be leaving the firm after a long and successful career with Duff &

About Duff & Phelps

As a leading global financial advisory and investment banking firm, Duff &
Phelps leverages analytical skills, market expertise and independence to help
clients make sound decisions. The firm advises clients in the areas of
valuation, M&A and transactions, restructuring, alternative assets, disputes
and taxation – with more than 1,000 employees serving clients from offices in
North America, Europe and Asia. For more information, visit

Investment banking services in the United States are provided by Duff & Phelps
Securities, LLC; Pagemill Partners; and GCP Securities, LLC. Member
FINRA/SIPC. Transaction opinions are provided by Duff & Phelps, LLC. M&A
advisory and capital raising services in the United Kingdom and Germany are
provided by Duff & Phelps Securities Ltd., which is authorized and regulated
by the Financial Conduct Authority.


Media Relations
Duff & Phelps
Marty Dauer, +1-212-871-2116
Perry Street Communications
Jennifer Sanders, +1-212-741-0014
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