Blackstone Announces Appointment of Gene Lockhart, Former CEO and President of Mastercard, as Senior Advisor
28 Juli 2020 - 7:30PM
Business Wire
Blackstone (NYSE:BX) today announced the appointment of Gene
Lockhart, former CEO and President of Mastercard and former
President of the Global Retail Bank at Bank of America, as a Senior
Advisor. Mr. Lockhart will bring his deep expertise in the
financial services and financial technology sectors to advise
across the firm’s businesses, with a focus on Blackstone Growth
(BXG) and Blackstone Tactical Opportunities (BTO).
David Blitzer, Global Head of Blackstone Tactical Opportunities
(BTO), said: “We’re pleased to have Gene join us as a Senior
Advisor. His experience helping companies navigate the rapidly
changing technological landscape across the financial sector will
strongly benefit our entire team.”
Jon Korngold, Global Head of Blackstone Growth (BXG), said:
“Gene has a proven track record of building great teams and
deploying new technologies to help financial services companies
innovate. I’m thrilled he’s joining us in this advisory capacity
and look forward to working closely with him.”
Gene Lockhart added: “The capital and deep operating expertise
Blackstone can deliver to help fast-growing financial technology
companies become global leaders is extraordinary. I’m excited to
assist their team and portfolio companies moving forward.”
Tactical Opportunities is Blackstone's opportunistic investment
platform, investing globally across asset classes, industries and
geographies, seeking to identify and execute on attractive,
differentiated investment opportunities. Blackstone Growth (BXG) is
the firm’s dedicated Growth Equity investing platform, which is
focused on providing capital to companies seeking to manage the
execution risks associated with high-growth environments.
As a seasoned investor and accomplished senior executive, Gene
leverages his deep experience to build great teams, and in turn,
great companies. Gene is Chairman and Co-Founder of Mission OG, a
financial services and technology solutions firm. He also served as
president and CEO of MasterCard International, CEO of Midland Bank
PLC, president of the Global Retail Bank of BankAmerica
Corporation, and president of Consumer Services at AT&T. Gene
has also served as a board member of many companies, including
First Republic Bank, IMS Health, Cognizant, Huron Consulting,
NetSpend, Argus Information, Progressive Financial, Alkami
Technology, Feature Space, Factor Trust, NuBank, Metro Bank, and
CLIP, amongst others. Gene earned his Bachelor of Science from the
University of Virginia and his Master of Business Administration
from The Darden School at the University of Virginia.
About Blackstone Blackstone is one of the world’s leading
investment firms. We seek to create positive economic impact and
long-term value for our investors, the companies we invest in, and
the communities in which we work. We do this by using extraordinary
people and flexible capital to help companies solve problems. Our
asset management businesses, with $564 billion in assets under
management, include investment vehicles focused on private equity,
real estate, public debt and equity, growth equity, opportunistic,
non-investment grade credit, real assets and secondary funds, all
on a global basis. Further information is available at
www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
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Blackstone Matthew Anderson Matthew.Anderson@blackstone.com +1
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