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KKR adds former WeWork CFO to board By Reuters

September 25, 2023
in Stock Market
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KKR adds former WeWork CFO to board
© Reuters. FILE PHOTO: Buying and selling data for KKR & Co is displayed on a display screen on the ground of the New York Inventory Alternate (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Picture

(Reuters) – KKR & Co (NYSE:) on Monday added former finance chief of office-sharing startup WeWork, Kimberly Ross, to the corporate’s board.

The personal fairness agency mentioned Ross’s appointment because the impartial director was efficient Sept. 20.

Ross, who additionally served because the chief monetary officer at oilfield know-how firm Baker Hughes, sits on the boards of Northrop Grumman (NYSE:) and Cigna (NYSE:).

KKR has been seeking to bounce again from the stormy market surroundings that squeezed a number of asset managers final 12 months. In its most up-to-date quarterly earnings report, the corporate reported a milder-than-expected drop in revenue.

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