KKR & Co. Inc. (NYSE: KKR) has announced the appointment of Timothy R. Barakett to its Board of Directors, effective March 13, 2025. With this addition, the number of independent directors on the board will increase to ten out of a total of fourteen seats.
Timothy R. Barakett is the Founder and Chief Executive Officer of TRB Advisors, a private investment firm and family office. Prior to founding TRB Advisors in 2010, he was the Founder and Chief Executive Officer of Atticus Capital, a global investment management firm. Barakett also holds significant positions at Harvard University and serves on the boards of several companies and advisory boards.
KKR's current board members include notable individuals such as Henry Kravis and George Roberts (Co-Founders and Co-Executive Chairmen of KKR), Joseph Bae (Co-Executive Officer of KKR), Scott Nuttall (Co-Chief Executive Officer of KKR), and others representing a diverse range of industries and expertise.
KKR is a leading global investment firm that offers alternative asset management, capital markets, and insurance solutions. The firm aims to generate attractive investment returns through a patient and disciplined investment approach. KKR sponsors investment funds that invest in private equity, credit, and real assets, and has strategic partners that manage hedge funds. Additionally, KKR's insurance subsidiaries offer retirement, life, and reinsurance products under the management of Global Atlantic Financial Group.
For further details about KKR & Co. Inc. and Global Atlantic Financial Group, please visit their respective websites. Today the company's shares have moved -5.0% to a price of $108.69. For more information, read the company's full 8-K submission here.