Carlyle Group LP has named Curtis Buser, the private equity firm's chief accounting officer since 2004, as its next chief financial officer, succeeding Adena Friedman, who departed in May to return to NASDAQ OMX Group Inc . Buser's appointment contrasts with Carlyle's decision to opt for an external candidate for chief financial officer in 2011, when it poached Friedman from Nasdaq to help take it public a year later. Earlier this year, Carlyle again looked externally for a top hire, appointing Michael Cavanagh, a former top lieutenant of JPMorgan Chase & Co CEO Jamie Dimon, as co-president.Carlyle had retained executive recruitment firm Russell Reynolds Associates to search for Friedman's replacement, and had interviewed several external candidates before choosing Buser, who served as interim CFO after Friedman left, according to people familiar with the matter who asked not to be identified discussing internal matters.Buser's CFO appointment was disclosed on his profile page on Carlyle's website. A Carlyle spokesman failed to comment ahead of an official announcement on Thursday. Russell Reynolds Associates representatives did not respond to requests for comment.Buser, 51, joined Carlyle ten years ago from accounting firm Ernst & Young LLP, where he was an audit partner. He was previously with Arthur Andersen & Co, another accounting firm.
Shares of CG traded higher by 2.94% or $0.75/share to $26.29. In the past year, the shares have traded as low as $25.21 and as high as $39.38. On average, 492764 shares of CG exchange hands on a given day and today's volume is recorded at 582047.
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. Shares of JPM traded higher by 2.29% or $1.34/share to $59.77. In the past year, the shares have traded as low as $52.97 and as high as $63.16. On average, 15361100 shares of JPM exchange hands on a given day and today's volume is recorded at 17856740.
The NASDAQ OMX Group, Inc. (NASDAQ OMX) is a holding company. Shares of NDAQ traded higher by 1.73% or $0.79/share to $46.53. In the past year, the shares have traded as low as $33.49 and as high as $48.23. On average, 979805 shares of NDAQ exchange hands on a given day and today's volume is recorded at 773854.
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