Three leaders appointed as co-presidents at Carlyle Group
Carlyle Announces New Leadership Appointments
Global investment firm Carlyle has announced a series of leadership changes aimed at driving its growth and transformation, expanding beyond private equity into credit and insurance businesses. The changes, effective January 1, 2026, include the appointment of three Co-Presidents and several key roles in the firm's Global Credit, EMEA Investments, and Global Affairs divisions.
Co-Presidents
John Redett, current Chief Financial Officer (CFO) at Carlyle, will continue leading the private equity business and oversee corporate private equity and real assets as a Co-President. Mark Jenkins, head of credit, will lead the credit and insurance business, while Jeff Nedelman, head of the client business, will oversee commercial initiatives and strengthen strategic client partnerships worldwide. The trio will work closely with CEO Harvey Schwartz to drive Carlyle’s growth ambitions.
Chief Financial Officer (CFO)
Justin Plouffe, currently Deputy Chief Investment Officer for Global Credit at Carlyle, will succeed John Redett as CFO starting January 1, 2026. Plouffe, who has over 18 years of experience at Carlyle, will focus on investing across Carlyle's credit strategies and driving growth initiatives for the Global Credit platform.
Head of EMEA Investments
Michael Wand, who presently oversees Carlyle’s private equity business in Europe, will take on the role of head of EMEA investments. Wand, who has worked in investment banking for approximately 10 years, with the last seven years in the technology sector, will work closely with the newly appointed co-presidents.
Vice Chairman
Admiral James Stavridis, former NATO Supreme Allied Commander and Carlyle’s current vice chair of global affairs, was named Vice Chairman of the firm. Stavridis, who also serves as Vice Chair, Global Affairs and a Partner with a focus on international activities and global strategy at Carlyle, will deepen the firm’s engagement on investment and geopolitical matters.
These appointments are part of a broader leadership reshuffle under CEO Harvey Schwartz to enable Carlyle’s next phase of growth and transformation. Carlyle currently manages $453 billion in assets across private equity, credit, and other investment vehicles.
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- John Redett, previously the Chief Financial Officer (CFO) at Carlyle, will continue in his role as Co-President, overseeing the private equity business and corporate private equity and real assets.
- Mark Jenkins, the current head of credit at Carlyle, will lead the credit and insurance business, while Jeff Nedelman, head of the client business, will oversee commercial initiatives and strengthen strategic client partnerships worldwide.
- Michael Wand, who currently oversees Carlyle’s private equity business in Europe, will take on the role of head of EMEA investments, bringing his extensive experience in the technology sector to the position.
