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Blackstone's (BX) Pactera Appoints New Chairman

March 25, 2015 6:01 AM EDT

Pactera Technology International Ltd. ("Pactera" or the "Company"), a global consulting and technology services provider strategically headquartered in China and part of The Blackstone Group (NYSE: BX) Portfolio, today announced that Mei-Wei Cheng has been appointed Chairman of the Board, effective immediately.

Mr. Cheng previously held multiple executive positions, including the role of Chairman, CEO, and President at major global corporations with strategic investments in the China market including Siemens, Ford Motor, GE, and AT&T.

Pactera CEO Tiak Koon Loh commented "We are very excited about welcoming Mr. Cheng as our... More