In the days leading up to his 57th birthday on Friday, Kewsong Lee was growing uneasy. The now-former Carlyle Group chief executive had, months earlier, proposed a $300mn pay package that would cement him as one of the most powerful figures in finance for the next half decade. On Sunday, the trio — David Rubenstein, Bill Conway and Daniel D’Aniello — finally showed Lee the door, unwilling even to discuss his proposal.
(Bloomberg) -- Carlyle Group Inc. has kicked off a search for its next leader after the sudden exit this week of Chief Executive Officer Kewsong Lee, with analysts and insiders betting the company will look outside to partly fill the role.Most Read from BloombergAuthor Salman Rushdie Stabbed on Lecture Stage in New YorkTrump Calls for Release of Warrant Documents Used in SearchExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksThe Fed’s Damage to the Housing Market May Last Years‘P
(Bloomberg) -- Carlyle Group Inc.’s global head of investor relations Nathan Urquhart is leaving the firm to become president at Coatue Management, according to a letter to investors seen by Bloomberg News.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedRussia Is Scouring the Globe for Weapons to Use Against UkraineDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsUK Plans for Bla