People: The Blackstone Group L.P. (BX)
BX on New York Consolidated
12.70USD
9 Feb 2010
12.70USD
9 Feb 2010
Price Change (% chg)
$0.22 (+1.76%)
$0.22 (+1.76%)
Prev Close
$12.70
$12.70
Open
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Day's High
$12.75
$12.75
Day's Low
$12.45
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Volume
2,110,952
2,110,952
Avg. Vol
2,465,693
2,465,693
52-wk High
$17.22
$17.22
52-wk Low
$3.55
$3.55
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Schwarzman, Stephen | 62 | Chairman of the Board, CEO of Blackstone and Chairman of Directors of General Partner | |
| James, Hamilton | 58 | President, Chief Operating Officer of Blackstone and Director of General Partner | |
| Hill, J. Tomilson | 60 | Vice Chairman of the Board of Blackstone, Director of General Partner | |
| Tosi, Laurence | 41 | 2008 | Chief Financial Officer |
| Skero, Kathleen | 56 | 2009 | Principal Accounting Officer of General Partner |
| Moss, Sylvia | 66 | Senior Managing Director - Administration | |
| Solotar, Joan | 44 | 2007 | Senior Managing Director - Public Markets |
| Bradley, David | 2009 | Senior Managing Director - Corporate Advisory Group, Head - Global Chemicals Practice | |
| Friedman, Robert | 67 | Chief Legal Officer | |
| Mulroney, M. Brian | 70 | 2007 | Director of General Partner |
| Parrett, William | 63 | 2007 | Director of General Partner |
| Jenrette, Richard | 79 | 2008 | Director of General Partner |
| Light, Jay | 67 | 2008 | Director of General Partner |
Biographies
| Name | Description |
|---|---|
| Schwarzman, Stephen | Mr. Stephen A. Schwarzman is the Chairman and Chief Executive Officer of The Blackstone Group L.P. and the Chairman of the board of directors of general partner. Mr. Schwarzman was elected Chairman of the board of directors of general partner effective March 20, 2007. Mr. Schwarzman is a founder of The Blackstone Group and has been involved in all phases of the firm’s development since its founding in 1985. Mr. Schwarzman began his career at Lehman Brothers, where he was elected Managing Director in 1978. He was engaged principally in the firm’s mergers and acquisitions business from 1977 to 1984, and served as Chairman of the firm’s Mergers & Acquisitions Committee in 1983 and 1984. Mr. Schwarzman is Chairman of the Board of The John F. Kennedy Center for the Performing Arts. He is also a member of the Council on Foreign Relations, The Business Council and The Asia Society and is on the boards of various organizations, including The New York Public Library, The Frick Collection, the New York City Ballet, the Film Society of Lincoln Center, the JPMorgan Chase National Advisory Board and The Partnership for New York City Board of Directors. |
| James, Hamilton | Mr. Hamilton E. James is President, Chief Operating Officer of The Blackstone Group L.P. and a member of the board of directors of general partner. Mr. James was elected to the board of directors of general partner effective March 20, 2007. Prior to joining Blackstone in 2002, Mr. James was Chairman of Global Investment Banking and Private Equity at Credit Suisse First Boston and a member of its Executive Board since the acquisition of Donaldson, Lufkin & Jenrette, or “DLJ,” by Credit Suisse First Boston in 2000. Prior to the acquisition of DLJ, Mr. James was the Chairman of DLJ’s Banking Group, responsible for all the firm’s investment banking and merchant banking activities and a member of its Board of Directors. Mr. James joined DLJ in 1975 as an Investment Banking associate. He became head of DLJ’s global mergers and acquisitions group in 1982, founded DLJ Merchant Banking, Inc. in 1985, and was named Chairman of the Banking Group in 1995 with responsibility for all of the firm’s investment banking, alternative asset management and emerging market sales and trading activities. Mr. James is a Director of Costco Wholesale Corporation and Swift River Investments, Inc., and has served on a number of other corporate boards. Mr. James is Chairman Emeritus of the Board of Trustees of American Ballet Theatre, Trustee and member of The Executive Committee of the Second Stage Theatre, Vice Chairman of Coldwater Conservations Fund, a Trustee of Woods Hole Oceanographic Institute and a member of the Board of The Council for the United States and Italy. |
| Hill, J. Tomilson | Mr. J. Tomilson Hill is Vice Chairman of The Blackstone Group L.P. and a member of the board of directors of general partner. Mr. Hill was elected to the board of directors of general partner effective March 20, 2007. Mr. Hill is head of funds of hedge funds operation, having previously served as co-head of corporate and mergers and acquisitions advisory operation before assuming his current role in 2000. Before joining Blackstone in 1993, Mr. Hill began his career at First Boston, later becoming one of the co-founders of its Mergers & Acquisitions Department. After heading the Mergers & Acquisitions Department at Smith Barney, he joined Lehman Brothers as a partner in 1982, serving as Co-Head and subsequently Head of Investment Banking. Later, he served as Co-Chief Executive Officer of Lehman Brothers and Co-President and Co-Chief Operating Officer of Shearson Lehman Brothers Holdings Inc. Mr. Hill is a graduate of Harvard College and the Harvard Business School. He is a member of the Council on Foreign Relations where he chairs the Investment Committee and serves on the Council’s Board of Directors, and is a member of the Board of Directors of Lincoln Center Theater, where he serves as Vice Chairman. Mr. Hill serves as Chairman of the Board of Trustees of the Smithsonian’s Hirshhorn Museum and Sculpture Garden. He is a member of the Board of Directors of OpenPeak Inc. |
| Tosi, Laurence | Mr. Laurence A. Tosi is Chief Financial Officer of The Blackstone Group L.P. Before joining Blackstone in 2008, Mr. Tosi was the Chief Operating Officer for the Global Markets and Investment Banking Group of Merrill Lynch & Co., a position which he held since 2007. Mr. Tosi joined Merrill Lynch in 1999 and from 2004 through 2007 he was Senior Vice President, Finance Director and Principal Accounting Officer responsible for Merrill Lynch’s global finance organization, including worldwide accounting, regulatory reporting, budgeting and corporate business development. Mr. Tosi received a BA, a JD and an MBA from Georgetown University. |
| Skero, Kathleen | Ms. Kathleen Skero is Principal Accounting Officer of General Partner of The Blackstone Group L.P. She is a Managing Director in Blackstone’s Finance Group. Prior to working at Blackstone, she served as Chief Financial Officer for Global Private Client at Merrill Lynch & Co from May 2007 through March 2009. From October 2004 through May 2007, Ms. Skero was the Global Controller for Merrill Lynch & Co. Prior to that, she was the head of Corporate Reporting at Merrill Lynch & Co. |
| Moss, Sylvia | Ms. Sylvia F. Moss is Senior Managing Director—Administration at The Blackstone Group L.P. Ms. Moss has firm wide responsibility for human resources, information technology, research, facilities and general administrative matters. Before joining Blackstone in 1997, she was the Director of Administration at Schulte, Roth & Zabel and the Director of Operations at Chadbourne & Parke. Prior to that, Ms. Moss was the Executive Director at Kramer, Levin, Naftalis, Nessen, Kamin & Frankel, and a Director at Booz Allen Hamilton. |
| Solotar, Joan | Ms. Joan Solotar is Senior Managing Director—Public Markets at The Blackstone Group L.P. Ms. Solotar is responsible for managing Blackstone’s relationships with its public investors, industry analysts and the general investment community. She also guides the firm on analyzing strategic development opportunities and advises Blackstone fund portfolio companies on their positioning in the public equity markets. Prior to joining Blackstone in 2007, Ms. Solotar was most recently a Managing Director and Head of Equity Research at Bank of America, which she joined in 2003. She started her career in equity research at The First Boston Corporation and prior to joining Bank of America was part of the financial services team at Donaldson, Lufkin & Jenrette and later with CSFB as a Managing Director. Ms. Solotar was ranked each year from 1995 to 2002 in the Brokers and Asset Management category on the Institutional Investor All-America Research Team, and consistently ranked highly in the Greenwich Survey of portfolio managers. She also served as Chairperson of the Research Committee for the Securities Industry Association in 2001-2002. She is currently on the Board of Directors of the East Harlem Tutorial Program. |
| Bradley, David | Mr. David Bradley is Senior Managing Director - Corporate Advisory Group, Head - Global Chemicals Practice of The Blackstone Group L.P. Mr. Bradley was formerly Managing Director and Global Head of Chemicals at UBS. Mr. Bradley has 25 years' investment banking experience, having spent the past seven years at UBS. Prior to that, he spent nine years with JP Morgan Chase and its predecessor companies. He started his career at Barclays in 1984 in the corporate finance department in London. He graduated from Birmingham University in the UK with an honors degree in physics and attended the London Business School. |
| Friedman, Robert | Mr. Robert L. Friedman is Chief Legal Officer of The Blackstone Group L.P. On joining Blackstone in 1999, Mr. Friedman worked primarily in Corporate Private Equity segment and also participated in the work of corporate and mergers and acquisitions advisory operation. In early 2003 he was appointed Chief Administrative Officer and Chief Legal Officer and he continues to participate in the work of Corporate Private Equity segment and Financial Advisory segment. Before joining Blackstone, Mr. Friedman had been a partner with Simpson Thacher & Bartlett LLP for 25 years, where he was a senior member of that law firm’s mergers and acquisitions practice. At Simpson Thacher & Bartlett LLP, Mr. Friedman advised The Blackstone Group since the company was founded in 1985. Mr. Friedman currently serves as a director of Axis Capital Holdings Limited, FGIC Corporation, TRW Automotive Holdings Corp. and The India Fund, Inc., and has served on a number of other boards. He is a member of the Board of Advisers of the Institute for Law and Economics of the University of Pennsylvania, a member of the Board of Visitors of Columbia College and a Trustee of The Nantucket Land Council, Chess-in-the-Schools and New Alternatives for Children, Inc. |
| Mulroney, M. Brian | The Right Honorable Brian Mulroney is a member of the board of directors of general partner. Mr. Mulroney was elected to the board of directors of general partner effective June 21, 2007. Mr. Mulroney is a senior partner and international business consultant for the Montreal law firm, Ogilvy Renault LLP/ S.E.N.C.R.C., s.r.l. Prior to joining Ogilvy Renault, Mr. Mulroney was the eighteenth Prime Minister of Canada from 1984 to 1993 and leader of the Progressive Conservative Party of Canada from 1983 to 1993. He served as the Executive Vice President of the Iron Ore Company of Canada and President beginning in 1977. Prior to that, Mr. Mulroney served on the Cliché Commission of Inquiry in 1974. Mr. Mulroney is a member of the Board of Directors of Archer Daniels Midland Company, Barrick Gold Corporation, Quebecor Inc., Quebecor World Inc., the World Trade Center Memorial Foundation and Wyndham Worldwide Corporation. |
| Parrett, William | Mr. William G. Parrett is a member of the board of directors of general partner. Mr. Parrett was elected to the board of directors of general partner effective November 9, 2007. Until May 31, 2007, Mr. Parrett served as the Chief Executive Officer of Deloitte Touche Tohmatsu. Certain of the member firms of Deloitte Touche Tohmatsu or their subsidiaries and affiliates provide professional services to The Blackstone Group L.P. or its affiliates. Mr. Parrett co-founded the Global Financial Services Industry practice of Deloitte and served as its first Chairman. Currently, Mr. Parrett is Chairman of the United States Council for International Business and on the executive committee of the International Chamber of Commerce. He is also Chairman of the Board of Trustees of United Way of America and on the Board of Trustees of Carnegie Hall. Mr. Parrett also serves as a trustee of The Catholic University of America and of St. Francis College. Mr. Parrett is a member of the board of directors of Thermo Fisher Scientific, Eastman Kodak and UBS, and is on the audit committee of each of these companies as well as the compensation committee of Kodak and public policy committee of Thermo. |
| Jenrette, Richard | Mr. Richard H. Jenrette is a member of the board of directors of general partner. Mr. Jenrette was elected to the board of directors of general partner effective July 14, 2008. Mr. Jenrette is the retired former Chairman and Chief Executive Officer of The Equitable Companies Incorporated and the co-founder and retired Chairman and Chief Executive Officer of Donaldson, Lufkin & Jenrette, Inc. He is also a former Chairman of The Securities Industry Association and has served in the past as a director or trustee of The McGraw-Hill Companies, Advanced Micro Devices Inc., the American Stock Exchange, The Rockefeller Foundation, The Duke Endowment, the University of North Carolina, New York University and The National Trust for Historic Preservation. |
| Light, Jay | Mr. Jay O. Light is a member of the board of directors of general partner. Mr. Light was elected to the board of directors of general partner effective September 18, 2008. Mr. Light is the Dean of Harvard Business School. Prior to becoming Dean in April 2006, Mr. Light was Senior Associate Dean, Chairman of the Finance Area, and a professor teaching Investment Management, Capital Markets, and Entrepreneurial Finance for 30 years. Mr. Light is a director of the Harvard Management Company, a director of Partners HealthCare (the Mass General and Brigham & Women’s Hospitals) and chairman of its Investment Committee, a member of the Investment Committee of several endowments, a director of several private firms, and an advisor/trustee to several corporate and institutional pools of capital. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Schwarzman, Stephen | 1,385,389,952 |
| James, Hamilton | 260,479,008 |
| Hill, J. Tomilson | 89,764,096 |
| Tosi, Laurence | 4,839,300 |
| Skero, Kathleen | -- |
| Moss, Sylvia | -- |
| Solotar, Joan | -- |
| Bradley, David | -- |
| Friedman, Robert | -- |
| Mulroney, M. Brian | -- |
| Parrett, William | -- |
| Jenrette, Richard | -- |
| Light, Jay | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Schwarzman, Stephen | 0 | 0 |
| James, Hamilton | 0 | 0 |
| Hill, J. Tomilson | 0 | 0 |
| Tosi, Laurence | 0 | 0 |
| Skero, Kathleen | 0 | 0 |
| Moss, Sylvia | 0 | 0 |
| Solotar, Joan | 0 | 0 |
| Bradley, David | 0 | 0 |
| Friedman, Robert | 0 | 0 |
| Mulroney, M. Brian | 0 | 0 |
| Parrett, William | 0 | 0 |
| Jenrette, Richard | 0 | 0 |
| Light, Jay | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| HILL J TOMILSON | 357,820 | $0.00 |
| JAMES HAMILTON E | 4,500,000 | $15.00 |
| JAMES HAMILTON E | 4,500,000 | $0.00 |
| PARRETT WILLIAM G | 5,000 | $5.83 |
| SOLOTAR JOAN | 20,000 | $7.23 |
| PARRETT WILLIAM G | 5,000 | $7.19 |
| PARRETT WILLIAM G | 5,000 | $7.20 |
| LIGHT JAY O | 15,000 | $0.00 |
| PARRETT WILLIAM G | 3,000 | $15.17 |
| PARRETT WILLIAM G | 5,000 | $0.00 |
| MULRONEY BRIAN | 5,000 | $0.00 |
| JENRETTE RICHARD H | 15,000 | $0.00 |
| PARRETT WILLIAM G | 2,000 | $13.75 |
| PARRETT WILLIAM G | 3,000 | $14.48 |





