DigitalBridge Group (DBRG) Announces CFO Transition
- S&P 500, Nasdaq close at fresh records on AI boost, easing yields
- Goldman removes Apple stock from 'US Conviction List - Directors' Cut'
- Boeing in talks to acquire Spirit AeroSystems, analysts discuss 'negative' financial benefits
- Stocks climb, yields fall as data supports rate cut bets
- Dell tops estimates on boost from AI-led server demand, shares jump premarket
DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”) today announced an agreement with Thomas Mayrhofer to serve as the Company’s Chief Financial Officer and Treasurer, effective by the second quarter of 2024. He will succeed Jacky Wu, who will continue in his role through the Company’s 2023 reporting cycle. Mr. Mayrhofer will join DigitalBridge on January 8, 2024, and work with Mr. Wu and the DigitalBridge team during the first quarter of 2024 to ensure a smooth transition and complete the Company’s previously disclosed succession process.
Mr. Mayrhofer brings more than two decades of robust financial and operational experience across the asset management industry. He spent nearly 18 years at The Carlyle Group in a variety of financial roles across all of the firm's products—including private equity, energy, real estate and credit. He concluded his tenure at Carlyle as a Partner and CFO of the firm’s Private Equity business, where he led a team of more than 90 finance professionals and had oversight of approximately $100 billion of assets under management. Following Carlyle, he served as CFO and, subsequently, Chief Operating Officer at alternative asset manager EJF Capital, where he was responsible for the firm’s financial, operational, technology, and legal functions.
“Tom is a talented executive with an impressive track record of financial leadership at major asset management firms, and I am delighted to welcome him to our team,” said Marc Ganzi, Chief Executive Officer of DigitalBridge. “Tom’s skillset and background are an ideal fit with DigitalBridge as we complete our transition to a pure-play alternative asset manager and continue growing an investment management platform built to meet the remarkable demand for digital infrastructure on a global basis.”
Mr. Ganzi continued, “I also want to thank Jacky publicly for his partnership and the tremendous role he has played in executing DigitalBridge’s successful transformation over the past four years. Jacky is a leader, role model and friend to all of us at DigitalBridge, and we are grateful for his ongoing support.”
“I am honored to join Marc and the DigitalBridge team at this exciting time,” said Mr. Mayrhofer. “DigitalBridge’s position as the leading alternative asset manager serving the fast-growing digital infrastructure sector is a testament to the strength of its people and strategy, and I look forward to working closely with Jacky and the rest of the team over the coming months as we continue to reinforce our position as the partner of choice in the digital infrastructure space.”
“We have made amazing strides over the last four years, and I am tremendously proud of helping to lead a great team and firm through an important transformation,” said Mr. Wu. “Tom is a thoughtful and experienced leader, and I am confident he is the right person to assume this role as DigitalBridge enters its next chapter of growth.”
Nancy Curtin, Chair of the Company’s Board of Directors, added, “The DigitalBridge Board would like to thank Jacky for his incredible service to the firm and wish him the best in his future endeavors. We also extend a warm welcome to Tom and very much look forward to working with him on continuing to build the premier investment management platform focused on digital infrastructure.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fathom (FATH) Announces Resignation of VP of Sales and Marketing
- Clearwater Analytics (CWAN) Appoints Mike Chen a Head of Corporate Development
- Boeing (BA) Issues Statement on Talks with Spirit AeroSystems (SPR)
Create E-mail Alert Related CategoriesCorporate News, Management Changes
Related EntitiesThe Carlyle Group
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!