🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Carlyle considering senior Wall Street execs for CEO role - FT

Published 01/12/2023, 05:46 PM
Updated 01/12/2023, 06:22 PM
© Reuters. FILE PHOTO: The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo
C
-
MS
-
CG
-

(Reuters) -Carlyle Group is in discussions with senior Wall Street executives for its top role, according to a Financial Times report on Thursday, citing multiple people familiar with the matter.

The private equity firm is considering Citigroup Inc (NYSE:C)'s chief financial officer Mark Mason and Morgan Stanley (NYSE:MS)'s chief operating officer Jonathan Pruzan as contenders for its CEO role, the report said.

Earlier this week, Pruzan, who was once considered among the possible lead for Morgan Stanley, announced his retirement from the bank at the end of the month, according to a memo seen by Reuters.

Washington-based Carlyle has been looking for a permanent chief executive officer "with a sense of urgency" since August after the then chief Kewsong Lee abruptly stepped down. According to a Reuters source, his exit was triggered by negotiations on a new contract over which he clashed with Carlyle's board.

© Reuters. FILE PHOTO: The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo

Morgan Stanley declined to comment on the matter while Carlyle and Citigroup did not immediately respond to Reuters' requests for comment.

Mason could not be reached for comment, while Pruzan did not immediately respond to a request for comment on LinkedIn.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.