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Carlyle Names Harvey Schwartz, Former Goldman Sachs Executive, as CEO



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The Carlyle Group named Harvey M. Schwartz on Monday as the private equity firm’s chief executive, nearly seven months after Kewsong Lee abruptly stepped down as chief after learning that the firm’s billionaire co-founders were planning to take a more active role in management.Mr. Schwartz’s leadership represents a second chance for him and Carlyle. Mr. Schwartz left Goldman Sachs in 2018 after he was passed over for the bank’s top job. Carlyle has been without a permanent chief since August, when Mr. Lee shocked Wall Street by stepping down two years after becoming the firm’s sole chief executive.Mr. Schwartz, 58, will assume his new role on Feb. 15, taking over for one of Carlyle’s co-founders, William Conway, who has been interim chief executive.During roughly two decades at Goldman Sachs, Mr. Schwartz served as the bank’s president and co-chief operating officer as well as its chief financial officer. Since leaving the bank, he has served on th …

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