The private equity firm, The Carlyle Group, has officially announced former Goldman Sachs Inc executive Harvey Schwartz as the company’s new CEO and will replace co-founder and interim CEO Bill Conway.
Bank of America Vice Chairman Keith Banks provides his outlook on upcoming earnings and other macroeconomy factors.Inc executive Harvey Schwartz as the company’s new CEO.
Conway replaced Kewsong Lee, who stepped down in August 2022 as his five-year employment agreement was ending. Schwartz is taking the helm at a crucial juncture for private equity companies, when a stock market rout triggered by fears of an economic downturn has made it tougher to cash out on investments.
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Former Goldman exec Harvey Schwartz named CEO of Carlyle GroupSchwartz, 58, retired as Goldman Sachs’ president and co-operating officer in 2018 after a 20-year career at the bank.
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Carlyle names former Goldman executive Schwartz as CEOPrivate equity firm Carlyle Group Inc on Monday appointed former Goldman Sachs Inc executive Harvey Schwartz as chief executive officer, effective Feb. 15.
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Breakingviews - Carlyle's new boss will be virtuoso second fiddleCarlyle needs a chief executive who will run things – not one who will radically change things. That’s the best way of interpreting the private equity firm’s appointment of former Goldman Sachs banker Harvey Schwartz on Monday.
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