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CVC has picked Todd Sisitsky from TPG to be its new co-CEO during a big leadership change.

New bossRead the original at benzinga.com
Bad for TPG

TPG will lose its president and head of global private equity to a rival, which weakens its leadership continuity and could hurt deal execution and fundraising.

TPG · TPG

AI read · Bad for TPG

The AI's read

Todd Sisitsky, TPG’s president and head of global private equity, will join rival CVC as co-CEO in the first quarter of 2028. That removes a senior leader who ran healthcare investing and spent more than two decades at TPG. Even with a long notice, losing this leader to a large competitor is a negative for TPG's leadership continuity and deal-making reputation.

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