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Eaton Vance Elects Thomas E. Faust Jr. as President and Duncan W. Richardson as Executive Vice President

Tuesday January 17, 9:13 am ET

BOSTON--(BUSINESS WIRE)--Jan. 17, 2006
--Eaton Vance Corp. announced today the election of Thomas E. Faust Jr., age 47, as President, and Duncan W. Richardson, age 48, as Executive Vice President. Mr. Faust and Mr. Richardson will continue to serve as the Company's Chief Investment Officer and Chief Equity Investment Officer, respectively. James B. Hawkes, age 64, remains Chairman of the Board and Chief Executive Officer. Mr. Hawkes is scheduled to retire on October 31, 2007, under the Company's retirement policy for senior officers. The election of Messrs. Faust and Richardson implements a portion of the Company's management succession plan. Mr. Faust is expected to succeed Mr. Hawkes as Chairman and Chief Executive Officer when he retires.

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