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Carlyle announces appointment of Redett as Chief Financial Officer

Republished By Plato
Republished By Plato

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Carlyle Group, a global investment firm, has recently announced the appointment of Curt B. Redett as its new Chief Financial Officer (CFO). Redett will be responsible for overseeing the company’s financial operations and strategy, including financial reporting, accounting, tax, treasury, and investor relations.

Redett brings with him over 25 years of experience in finance and accounting, having previously served as CFO at several leading companies. He most recently served as CFO at Avolon Holdings Limited, a global aircraft leasing company, where he played a key role in the company’s successful IPO and subsequent acquisition by Bohai Leasing.

In a statement announcing the appointment, Carlyle’s Co-CEOs Kewsong Lee and Glenn Youngkin praised Redett’s “deep financial expertise and proven track record of driving growth and value creation.” They also noted that his “strategic mindset and collaborative leadership style” make him an ideal fit for Carlyle’s culture and values.

Redett himself expressed excitement about joining Carlyle, stating that he was “impressed by the firm’s strong reputation, talented team, and commitment to delivering value to its investors.” He added that he looked forward to working with the team to “drive growth and create value for all stakeholders.”

The appointment of Redett comes at a time of significant growth for Carlyle. The firm recently reported strong financial results for the second quarter of 2021, with assets under management reaching a record $276 billion. The company has also been actively expanding its investment portfolio, with recent acquisitions including a majority stake in digital marketing firm Dept and a minority stake in cybersecurity company Coalfire.

As CFO, Redett will play a key role in helping Carlyle continue its growth trajectory and navigate the complex financial landscape of the investment industry. His appointment is seen as a positive sign for the company’s future prospects, as well as a reflection of Carlyle’s commitment to attracting top talent to its leadership team.

Overall, the appointment of Curt B. Redett as Carlyle’s new CFO is a significant development for the company and the investment industry as a whole. With his extensive experience and strategic mindset, Redett is well-positioned to help Carlyle continue its growth and deliver value to its investors in the years ahead.

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