NEW YORK–(BUSINESS WIRE)– KKR & Co. L.P. (NYSE: KKR) today announced that Patricia F. Russo is being appointed to the Board of Directors of KKR Management LLC, the managing partner of KKR, and to the Board's Conflicts Committee, effectiveApril 15, 2011. Her appointment will bring the number of independent directors on KKR's Board to five out of a total of […]
NEW YORK–(BUSINESS WIRE)– Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR") today announced the appointment of real estate veteran Ralph Rosenberg as Managing Director to lead its global real estate investing efforts. "Ralph brings with him 25 years of experience investing in the real estate industry. He has demonstrated not only the investment skills but also […]
NEW YORK–(BUSINESS WIRE)– Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR") today announced that affiliate investment vehicles and accounts advised by KKR Asset Management LLC ("KAM") led the €105 million mezzanine financing, which included leading credit investor Sankaty, as part of the acquisition of IMCD Group ("IMCD") by Bain Capital Partners LLC. Headquartered in the Netherlands, IMCD is a leader […]
NEW YORK–(BUSINESS WIRE)– KKR & Co. L.P. (NYSE: KKR) today announced that Thomas M. Schoewe is being appointed to the Board of Directors of KKR Management LLC, the managing partner of KKR, and its Audit Committee and Conflicts Committee, effective on March 14, 2011. Mr. Schoewe, 59, is the former executive vice president and chief financial officer of Wal-Mart Stores, Inc. In this position, he was […]
New York, NY, February 4, 2011 – Liz Claiborne Inc. (NYSE: LIZ) today announced that Edgar Huber, Chief Executive Officer of Juicy Couture, will be assuming a new position as Executive Vice President of Global Business Development for Liz Claiborne Inc., effective February 14, 2011. He will continue to report to William L. McComb, Chief […]
NEW YORK – February 2, 2011 – Today, Banana Republic unveiled its Spring 2011 marketing campaign, “Journey in Style,” inspired by the brand’s heritage of discovery. Drawing on the themes of exploration, travel and an aspirational American road trip, the campaign aims to engage customers through a variety of media, including a film trailer – […]
Global Creative Center to kick-start Gap brand’s product and marketing Art Peck named president of Gap North America SAN FRANCISCO – February 2, 2011 – Gap Inc. (NYSE:GPS) today announced a series of significant management and organizational changes at Gap brand designed to drive more consistent results in North America and to provide a new […]
New York, NY, January 27, 2011: Liz Claiborne Inc. (NYSE: LIZ) today announced the election of Lawrence Benjamin to the Company's Board of Directors. Mr. Benjamin’s election brings the number of Directors to ten. His initial term as director is effective immediately and will expire at the Company’s 2011 Annual Meeting of Stockholders, at which […]
BOSTON, January 13, 2011 – TA Associates, a leading growth private equity firm, today announced it has made a minority investment, through a secondary purchase from an existing shareholder, in AboveNet Communications, Inc. (NYSE: ABVT), a leading provider of fiber optic network services throughout major metropolitan cities in the United States and Europe. Terms of the investment […]
MIAMI, Jan. 7, 2011 /PRNewswire via COMTEX/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced the relocation of its Seabourn brand headquarters to Seattle, Washington which is already home to the company's Holland America Line brand.