Blackstone Chairman, CEO and Co-Founder Stephen A. Schwarzman, today attended the George W. Bush Institute’s Military Service Initiative Summit. The day-long summit brings together leaders from across the private, public, and non-profit sectors to examine how Americans can more effectively support post-9/11 veterans and their families. Mr. Schwarzman participated in a panel discussion with General Peter Pace to address the importance of this issue and various ways to encourage hiring among returning servicemen in both the public and private sectors.
Over the last year, Blackstone has led several initiatives to facilitate the training and hiring of service members across its portfolio over companies. Beginning with a commitment to the “White House’s “Joining Forces” initiative, Blackstone pledged to hire 50,000 veterans and has since mobilized its portfolio companies to hire more than 10,000 veterans.
“We all have a responsibility to help veterans build life-sustaining careers after their service to this country has ended,” said Blackstone Chairman, CEO and Co-founder Steve Schwarzman. “Veterans embody many of the skills, talents and personal attributes that make them valuable employees and it’s up to each of us to support them as they join the workforce.”
Additionally, Blackstone is an early participant in a Department of Defense program that allows companies to offer
service members training programs, and is also participating in an effort that allows veterans to use existing GI Bill funds for on-the-job training.
For more information about Blackstone’s Veterans Initiative, please visit
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