BREIT Appoints Wesley LePatner CEO (BX)

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BREIT Appoints Wesley LePatner CEO

August 22, 2024 4:15 PM EDT

Frank Cohen to Retire at Year-End; Will Remain Chairman of BREIT Board

NEW YORK--(BUSINESS WIRE)-- Blackstone Real Estate Income Trust, Inc. (BREIT) today announced that current Chief Operating Officer, Wesley LePatner, will become BREITs Chief Executive Officer as of January 1, 2025. She will succeed Frank Cohen, who, after nearly thirty years, plans to retire from Blackstone at year-end. Mr. Cohen will remain Chairman of BREITs Board of Directors.

Kathleen McCarthy and Nadeem Meghji, Global Co-Heads of Blackstone Real Estate, said: This announcement effectuates the next stage of BREITs long-planned succession. We are... More