Akerson, Former General Motors CEO, to Advise on Operational and
Investment Decisions
WASHINGTON--(BUSINESS WIRE)--
Global alternative asset manager The Carlyle Group (NASDAQ: CG) today
announced that former General Motors Chairman and CEO Daniel F. Akerson
rejoined the firm on March 1, 2014 as Vice Chairman and Special Advisor
to the Board of Directors. In these new roles, Mr. Akerson, 65, will
give operational, investment and management guidance to Carlyle's
investment teams, firm management and the Board of Directors. He is
based in Carlyle's Washington, DC headquarters.
Carlyle Co-Founder and Chairman of the Board Daniel A. D'Aniello said,
"It is a delight to welcome Dan back to Carlyle. His remarkable depth of
leadership experience will be a great asset to the Board and our
investment teams. We applaud his leadership in the successful turnaround
of General Motors, and look forward to his expertise in the years to
come in service to our investors."
Mr. Akerson said, "Carlyle is a natural fit as I embark on this next
chapter of my professional life and I'm excited to return to familiar
faces and new challenges. Carlyle's long-term view of markets and
investing has helped it to grow and successfully meet the changing needs
of our investors. I look forward to strategic work with the Board and
the executive team, and collaborating with Carlyle's talented investment
professionals."
Mr. Akerson returns to Carlyle with extensive leadership, management and
operating experience. Prior to joining GM in 2009, Mr. Akerson was a
Managing Director of The Carlyle Group, serving as Head of Global Buyout
from July 2009 to August 2010 and as Co-Head of U.S. Buyout from June
2003 to June 2009. Before joining Carlyle the first time, Mr. Akerson
served in a number of senior corporate leadership roles, including
President and COO of MCI Communications, Chairman and CEO of General
Instruments, Chairman and CEO of Nextel, and Chairman and CEO of XO
Communications.
Mr. Akerson earned his B.S. in engineering from the U.S. Naval Academy
and his M.Sc. in economics from the London School of Economics.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager
with approximately $189 billion of assets under management across 118
funds and 100 fund of funds vehicles as of December 31, 2013. Carlyle's
purpose is to invest wisely and create value on behalf of its investors,
many of whom are public pensions. Carlyle invests across four segments -
Corporate Private Equity, Real Assets, Global Market Strategies and
Solutions - in Africa, Asia, Australia, Europe, the Middle East, North
America and South America. Carlyle has expertise in various industries,
including: aerospace, defense & government services, consumer & retail,
energy, financial services, healthcare, industrial, real estate,
technology & business services, telecommunications & media and
transportation. The Carlyle Group employs more than 1,500 people in 34
offices across six continents.
Web: www.carlyle.com
Videos:
www.youtube.com/onecarlyle
Tweets:
www.twitter.com/onecarlyle
Podcasts:
www.carlyle.com/about-carlyle/market-commentary
The Carlyle Group
Elizabeth Gill, +1-202-729-5385
Elizabeth.gill@carlyle.com
Source: The Carlyle Group
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