Carlyle Group Turns to Harvey Schwartz, Former Goldman Sachs Executive, for Leadership

just_another_wallet · 2026-03-04T14:08:12+00:00

Carlyle Group has appointed Harvey Schwartz as CEO, effective February 15, 2023, following Kewsong Lee's departure. Schwartz brings vast financial expertise from Goldman Sachs, positioning Carlyle for future growth and operational excellence.

just_another_wallet

2026-03-04 14:08:12

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In a significant leadership reshuffling, global investment powerhouse Carlyle Group Inc. has named Harvey Schwartz, the former President and Co-Chief Operating Officer of Goldman Sachs, as its new Chief Executive Officer and Board member, effective February 15, 2023. This appointment marks the conclusion of Carlyle’s executive search following the departure of previous CEO Kewsong Lee in August 2022.

Harvey Schwartz’s Ascent: From Goldman Sachs to Carlyle’s Top Post

Harvey Schwartz brings decades of financial industry expertise to his new role at Carlyle Group. The 58-year-old joined Goldman Sachs in 1997 and steadily climbed the ranks, eventually serving as President and Co-Chief Operating Officer—positions that underscore his mastery of large-scale financial operations. Before his tenure at Goldman, Schwartz accumulated substantial experience across the financial sector, working at Citicorp and several other financial institutions from 1990 to 1997. His diverse background and senior-level expertise at one of the world’s most prestigious investment banks make him a natural fit for steering Carlyle through its next phase of growth.

Carlyle’s Strategic Move: What This Leadership Change Means

The recruitment of Harvey Schwartz represents a pivotal moment for Carlyle Group, which sought a seasoned executive with proven capabilities in managing complex global operations. His appointment reinforces the firm’s commitment to maintaining strong institutional governance and operational excellence. With his Goldman Sachs pedigree and years of high-stakes financial decision-making, Schwartz is positioned to drive strategic initiatives and maintain Carlyle’s competitive edge in the competitive investment management landscape.

Leadership Transition: Conway Steps Aside as Interim CEO

Alongside Schwartz’s appointment, Bill Conway will transition from his role as Interim Chief Executive Officer, though he maintains his position as Co-Chairman of the Board. This shift underscores a deliberate succession plan, allowing Conway to focus on his board-level strategic responsibilities while Harvey Schwartz assumes the day-to-day operational leadership at Carlyle Group.

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