This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dave Calhoun Joins Blackstone To Head Private Equity Portfolio Operations

Blackstone (NYSE:BX) today announced that David Calhoun, the CEO of Nielsen Holdings N.V. (NYSE: NLSN), will join Blackstone as a Senior Managing Director and Head of Private Equity Portfolio Operations. Dave will oversee a team of 21 professionals within the portfolio operations group which partners with portfolio company CEOs to drive key value creation initiatives throughout our companies. Dave will work within Blackstone’s Private Equity business reporting to the Global Head of Private Equity, Joseph Baratta, and will also be involved with important strategic initiatives of the firm as a member of Blackstone’s Management and Executive Committees. Dave brings to Blackstone more than thirty years of public company leadership and global operational experience.

Dave joined Nielsen in 2006, shortly after the company was acquired by a consortium of private equity investors including Blackstone. Dave led the transformation of the company into a leading marketing information services company in the world. Under Dave’s leadership, Nielsen’s operating income improved from $0.8B at the time of the acquisition to $1.7B in 2012 with a compound annual growth rate of 13%. He serves on the Board of Nielsen and will become Executive Chairman in January 2014. He also sits on the Boards of Directors of The Boeing Company and Caterpillar. He is the co-author with Rick Kash of the book “How Companies Win.” Dave graduated from Virginia Tech in 1979.

Before joining Nielsen, Dave served as Vice Chairman of The General Electric Company and President and Chief Executive Officer of GE Infrastructure, the company’s largest business unit. During his twenty-six-year tenure at GE, Dave ran multiple business units, including GE Lighting, GE Employers Reinsurance Co., GE Aircraft Engines, and GE Transportation. Additionally, he held multiple operating, finance and marketing roles across the company.

Stephen A. Schwarzman, Chairman, CEO and Co-Founder of Blackstone, said, “We are delighted to be able to work more closely with Dave Calhoun, as he joins our team at Blackstone. He is one of the most talented CEOs we have ever worked with. We are excited to have him help guide our portfolio company operations as well as the strategic development of Blackstone itself.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs