Kewsong Lee, Young's co-CEO, who has been with The Carlyle Group since 2013, will take over as chief executive when Young departs later this year.Private-equity firm The Carlyle Group said on Tuesday that its co-CEO Glenn Youngkin will step down in September after 25 years with the firm.
In a statement, Young said he's interested in pursuing opportunities in public service "as the world continues to face so many challenges today."Private-equity firm The Carlyle Group said on Tuesday that its co-CEO Glenn Youngkin has decided to step down in September after 25 years with the firm. Youngkin and Lee were both tapped to take over as co-CEOs by Carlyle cofounders David Rubenstein and William Conway in 2018. Now, less than three years after his appointment, Youngkin will officially retire from the firm on September 30.
"It has been the professional journey of a lifetime and my honor to be part of building Carlyle into the global institution it is today," he added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
4 steps for graduates to set up their financial future during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Quibi CEO Meg Whitman: What it takes to run any size company - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. DanSchawbel Has anyone ever done a piece on if she’s actually a good ceo? It’s like musical chairs of incompency for high paid plutocrats DanSchawbel She flopped in a pandemic. Nobody even knows what quibi is. DanSchawbel Meg Whitman’s new book. “How I drove Hewlett-Packard into a ditch and made a fortune doing it”
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook CEO Mark Zuckerberg says he speaks with President Trump 'from time to time' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. of course he does -- takes his orders the owner of Global Data MZ is another trump stooge
Source: BusinessInsider - 🏆 729. / 51 Read more »
Disney reportedly slashes Facebook ad spend amid big-business boycott - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not because they don’t like facebook, but because they’re cutting costs... Thank you Disney FB is crap you don't need and propaganda you don't want. Are they boycotting it just cutting budgets?
Source: BusinessInsider - 🏆 729. / 51 Read more »
6 ways to develop devoted customers and strengthen brand loyalty for your small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »