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Tim Geithner to Join Leveraged Buyout Firm Warburg Pincus

Former U.S. Treasury Secretary Timothy Geithner is joining private-equity firm Warburg Pincus LLC after a quarter-century career in public service that was capped by his oversight of financial crisis rescues of Wall Street banks and General Motors Corp.

Geithner, 52, will become president at the New York-based buyout firm starting March 1 and help manage the company, its investment funds and client communications, Warburg Pincus said yesterday in a statement. He will work with Chip Kaye and Joe Landy, who have led the firm since 2000 and this year began sharing the title of co-chief executive officer.