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Carlyle Picks Goldman Veteran Harvey Schwartz as Next CEO

  • Hire marks its latest attempt to solve succession challenge
  • Schwartz was previously co-president and co-COO at Goldman
Bloomberg business news
Carlyle Selects Goldman Veteran Schwartz as Next CEO
Updated on

Carlyle Group Inc. chose former Goldman Sachs Group Inc. Co-President Harvey Schwartz to be its next chief executive officer as the private equity firm looks to move past a long-running succession challenge.

Washington-based Carlyle announced the appointment Monday. Schwartz, 58, takes over for co-founder Bill Conway, 73, who has been serving as interim CEO since Kewsong Lee resigned in August after a power struggle.