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PARTNERS GROUP Partners Group announces amendments to the composition of its Board of Directors and an addition to its Executive Team

Transparency directive : regulatory news

09/03/2023 07:01

Partners Group / Key word(s): Miscellaneous
Partners Group announces amendments to the composition of its Board of Directors and an addition to its Executive Team

09-March-2023 / 07:01 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


Baar-Zug, Switzerland; 9 March 2023 | Ad hoc announcement pursuant to Art. 53 Listing Rules (LR)

Partners Group, a leading global private markets firm, today announces an amendment and nomination regarding the composition of its Board of Directors (the "Board") and related committees, which will be proposed at the next Annual General Meeting of shareholders ("AGM") on 24 May 2023. The Board has nominated Gaëlle Olivier for election as a new independent member of the Board. Joseph P. Landy, independent member of the Board, will step down from the Board following the AGM. Furthermore, and with immediate effect, Wolf-Henning Scheider, Partner and Head of Private Equity, will join Partners Group’s Executive Team.

Gaëlle Olivier has 30 years of experience in financial services. After a first career in the financial derivatives industry, Gaëlle joined AXA Group in 1998, where she held several senior executive roles over the next 20 years, ten of which were spent in Asia. In 2016, she was appointed CEO of AXA Group's Property & Casualty business, and a member of the AXA Group Management Committee. Most recently, she joined Société Generale in 2020 as Chief Executive Officer of Asia Pacific activities and then held the role of Group Deputy General Manager and Chief Operating Officer until the end of 2022. Through her Board committee assignments, Ms. Olivier will contribute to Partners Group’s strategic Board-level initiatives with a focus on clients and operations.

Steffen Meister, Executive Chairman of the Board, Partners Group, states: ”We are delighted to welcome Gaëlle to our Board. She has a long track record of developing and managing large and complex organizations and operations, and has built an extensive and influential industry network. She will be of huge support to us as we continue to grow the firm and organize for scale.” 

Gaëlle Olivier comments: “I am very pleased to join the Board of this highly successful firm at a pivotal stage in the private market industry’s evolution. Partners Group’s entrepreneurial approach to private markets is unique in the industry and will remain a key differentiator as the asset class further enters the mainstream. I look forward to supporting the firm as it scales for continued growth together with my Board colleagues and the senior management team.”

Joseph P. Landy will retire from the Partners Group Board after the next AGM for personal reasons. He has served on the Board since 2021, including assignments as a member of the Risk & Audit Committee and the Investment Oversight Committee.

Steffen Meister comments: "On behalf of the entire Board, I would like to thank Joe for his meaningful contribution to Partners Group and wish him well in future endeavors.”

A full overview of the nominations to Partners Group’s Board of Directors and related committees is shown in the table below.

Board of Directors

Independent director

Investment Oversight Committee

Client Oversight Committee

Risk & Audit Committee

Nomination & Compensation Committee

 

 

Steffen Meister, Chairman

 

∆ 

X

 

 

 

Dr. Martin Strobel, Vice Chairman, Lead Independent Director

X

 

 

X

 

 

Dr. Marcel Erni

 

X

 

 

 

 

Alfred Gantner

 

X

 

 

 

 

Anne Lester

X

 

X

X

X

 

Gaëlle Olivier

X

 

 

X

 

 

Urs Wietlisbach

 

 

 

 

 

Flora Zhao

X

X

 

 

 

"∆" Chair    

"X" Member     

 

 

 

 

 

 

             

Wolf-Henning Scheider joined Partners Group in January 2023 from his previous role of CEO and Chairman of the Board of Management at ZF Group, a global technology company that manufactures systems for passenger cars, commercial vehicles, and industrial technology. In line with his role as leader of the largest business unit at the firm, he will join Partners Group’s Executive Team with immediate effect. There are no additional changes to the composition of the Executive Team.

Executive Team members as of 9 March 2023:

  • David Layton, Partner, Chief Executive Office (American)
  • Kirsta Anderson, Partner, Chief People Officer (American)
  • Sarah Brewer, Partner, Co-Head of Client Solutions (British)
  • Roberto Cagnati, Partner, Head of Portfolio Solutions (Italian)
  • Juri Jenkner, Partner, Head of Private Infrastructure (German)
  • Andreas Knecht, Partner, Chief Operating Officer and General Counsel (Swiss)
  • Marlis Morin, Partner, Head of Client Services (Italian/Swiss)
  • Hans Ploos van Amstel, Partner, Chief Financial Officer (Dutch)
  • Wolf-Henning Scheider, Partner, Head of Private Equity (German)

About Partners Group
Partners Group is a leading global private markets firm. Since 1996, the firm has invested over USD 195 billion in private equity, private real estate, private debt, and private infrastructure on behalf of its clients globally. Partners Group seeks to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses and assets into market leaders. The firm is a committed, responsible investor and aims to create sustainable returns with lasting, positive impact for all its stakeholders. With USD 135 billion in assets under management as of 31 December 2022, Partners Group provides an innovative range of bespoke client solutions to institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,800 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, please visit www.partnersgroup.com or follow us on LinkedIn or Twitter.

Shareholder relations contact
Philip Sauer
Phone: +41 41 784 66 60
Email: philip.sauer@partnersgroup.com

Media relations contact
Jenny Blinch
Phone: +44 207 575 2571
Email: jenny.blinch@partnersgroup.com



End of Inside Information
Language: English
Company: Partners Group
Zugerstrasse 57
6341 Baar
Switzerland
Phone: +41 41 784 60 00
Fax: + 41 41 784 60 01
E-mail: partnersgroup@partnersgroup.com
Internet: https://www.partnersgroup.com/en/
ISIN: CH0024608827
Valor: 2460882
Listed: SIX Swiss Exchange
EQS News ID: 1578177

 
End of Announcement EQS News Service

1578177  09-March-2023 CET/CEST

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