Russo, 58, will be the fifth independent director on the seven-member board, the New York-based firm said in a statement today.
KKR, which Kravis and Roberts created with Jerome Kohlberg in 1976, listed its shares on the New York Stock Exchange last year. The company’s other independent directors include former Morgan Stanley Co-President Robert Scully and Thomas Schoewe, the former Wal-Mart Stores Inc. chief financial officer .
To contact the reporter on this story: Jason Kelly in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Christian Baumgaertel at email@example.com