Harish Manwani, Former COO of Unilever, Becomes Advisor to Blackstone
10 March 2015 - 12:21AM
Business Wire
Blackstone (NYSE:BX) today announced that Harish Manwani, the
former Chief Operating Officer of Unilever, has become a global
executive advisor to the firm. Mr. Manwani retired from Unilever at
the end of 2014, where he was responsible for managing Unilever’s
P&L in all of the markets in which it operates.
As a global executive advisor, Mr. Manwani will assist and guide
selected Blackstone portfolio companies across the world and help
in diligencing investment opportunities. In addition, he will help
guide portfolio operations and advise the management teams of
Blackstone’s Indian portfolio companies.
David Calhoun, Blackstone’s Global Head of Portfolio Operations,
said, “We are excited about having Harish on board. His
thirty-eight year career as a global operator and business leader
in one of the world’s largest consumer goods businesses will be
immensely valuable to Blackstone’s portfolio companies. His wide
ranging general management experience and particular expertise in
developing markets will give Blackstone enormous leverage in some
of the fastest growing markets in the world.”
Added Joe Baratta, Blackstone’s Global Head of Private Equity,
“I expect that Harish will make a terrific contribution to our
group, both in providing advice on deals and in adding value to our
current portfolio. I am very pleased he is joining the firm.”
Mr. Manwani added, “I am delighted to be advising Blackstone as
a global executive advisor. They are an internationally recognized
leader in private equity and I look forward to working closely with
the leadership of the portfolio companies to further raising the
bar on operational excellence and value creation.”
Mr. Manwani spent thirty-eight years with Unilever, holding
various senior general management positions in different parts of
the world, including overseeing Unilever’s businesses in Latin
America, North America and Asia. Additionally, Mr. Manwani is the
non-executive Chairman of Hindustan Unilever Ltd and serves on
several international boards, including Qualcomm, Pearson and
Whirlpool.
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 almost $300 billion in assets under management,
include investment vehicles focused on private equity, real estate,
public debt and equity, non-investment grade credit, real assets
and secondary funds, all on a global basis. Blackstone also
provides various financial advisory services, including financial
and strategic advisory, restructuring and reorganization advisory
and fund placement services. Further information is available at
www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
BlackstonePeter Rose, 212-583-5871peter.rose@blackstone.com
Blackstone (NYSE:BX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Blackstone (NYSE:BX)
Historical Stock Chart
From Apr 2023 to Apr 2024