PEI Group has announced that Edouard Tavernier will succeed Tim McLoughlin as the Chief Executive Officer of the company with immediate effect.
Effective Leadership from S&P Global
Edouard Tavernier joins the PEI Group after his role as the President of S&P Global Mobility, where he was responsible for the transformation and growth of the business. He has experience in developing and growing information and technology businesses around the world, focusing on product-led growth and acquisition.
Strategic Vision for PEI Group
PEI Group has grown into the largest independent data and intelligence provider for private markets professionals worldwide. Its proprietary data, insights and analysis support private equity, private credit, real estate, infrastructure and secondaries.
Transition Reflections
Tim McLoughlin shared his thoughts on the leadership change: “I am immensely proud of what the team at PEI Group has achieved together. We have built a scale business of powerful reach and influence. PEI’s clear purpose is to inform and connect global investment professionals – to enable their success. It will be exciting to see the next chapter unfold under Edouard’s leadership and I welcome him with great confidence in a Company strongly poised for continued impressive growth.” CEO’s Outlook
Reflecting on his appointment, Tavernier stated: “As private markets continue to grow in scale, complexity and importance, proprietary data and insights have never been more critical. PEI Group plays a vital role in enabling the private markets ecosystem and connecting industry stakeholders, and I am thrilled to join the team to accelerate the development of new products and capabilities for our customers.”
Board Support
Charles Welham, partner at Bridgepoint, commented on the appointment: “Edouard brings strategic and leadership capabilities that will be critical to the next stage of PEI Group’s journey, and I am excited to see where he and the team can take the business. I would like to thank Tim for his outstanding leadership and commitment to PEI Group over the past seven years of Bridgepoint ownership.”
Henry Elkington, Board Chairman, added: “I am delighted to welcome Edouard to PEI Group. The continued growth of private markets creates the need for timely data, insights and connections. Edouard’s experience will enable him to accelerate the business, building on the incredible foundations that Tim has delivered.”
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Source: PRNewswire
