Carlyle Group Appoints Former Goldman Sachs Executive Harvey Schwartz As CEO - Quick Facts

Global investment firm Carlyle Group Inc. (CG) said that it has appointed former Goldman Sachs President, Harvey Schwartz, as its Chief Executive Officer and a member of the Board, effective February 15, 2023.

The appointment brings to an end Carlyle's search for a new CEO following the departure of Kewsong Lee in August 2022.

Meanwhile, Carlyle said Monday that Bill Conway will step down as Interim Chief Executive Officer, maintaining his role as Co-Chairman of the Board.

Harvey Schwartz, 58, is the former President and Co-Chief Operating Officer of The Goldman Sachs Group, Inc. He joined Goldman Sachs in 1997 and subsequently held numerous senior leadership positions including Chief Financial Officer.

Prior to Goldman Sachs, Schwartz spent a decade working at several financial firms, including at Citicorp, from 1990 through 1997.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford Motor Co. has once again raised the price of its popular F-150 Lightning electric pickup truck after the automaker resumed its production that was halted following electric vehicle battery fire incident. The company will also resume shipments of the Lightning this week, reports said. Paducah, Kentucky-based Higdon Outdoors LLC is recalling certain battery packs and replacement batteries citing fire and/or burn hazards, the U.S. Consumer Product Safety Commission said. The recall includes lithium-ion battery packs and replacement batteries on XS Series Pulsators, Swimmers, Crazy Kicker, and Flasher motion decoys used for waterfowl hunting. New York-based Delta Enterprise Corp. is recalling about 43,380 units of 2-in-1 outdoor kids swings citing fall hazard, the U.S. Consumer Product Safety Commission said. This recall involves 2-in-1 Outdoor Kids Swing with model numbers SW86508MM, SW86516MN, SW86575MM, SW86576MN and SW86577PW.
Follow RTT