Saturday, 23 August 2014
Last updated 19 hours ago
Nov 21 2013 | 10:09am ET
The Blackstone Group has hired Nielsen Holdings CEO David Calhoun to serve as a new executive focused on efficiency at its portfolio companies.
Calhoun, who is due to step down from the top job at Nielsen at the beginning of next year, was named head of portfolio operations at the alternative-investments giant. In his new post, Calhoun will advise Blackstone's portfolio companies and their CEOs, as well as advising on new deals.
Calhoun has earned a reputation as a turnaround specialist during his seven years at Nielsen, where he will remain non-executive chairman, and 26 years at General Electric, where he was once tapped as a possible successor to former CEO Jack Welch. He was part of the private-equity buyout of Nielsen in 2006 that included Blackstone.
In addition to leading the portfolio operations group, Calhoun will serve on Blackstone's management committee.
"I'm an operator at heart," Calhoun told The Wall Street Journal. "I love doing things quickly."
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note