TPG appointed Admiral William H. McRaven as an independent director, effective May 1, 2026, adding a board member with more than four decades of public* and private-sector experience.
The move comes as the firm said it is advancing toward a “majority-independent governance structure.” TPG’s executive chairman, Jim Coulter, said McRaven’s experience and “differentiated skillset” would support the firm’s growth ambitions, while CEO Jon Winkelried said his “trusted judgment, global perspective, and strategic insight” would help as TPG scales.
McRaven is currently a senior advisor at Lazard and a professor of national security at the University of Texas at Austin. He is a retired U.S. Navy four-star admiral who previously led all U.S. Special Operations. He has also advised Presidents George W. Bush and Barack Obama on international relations and security matters.
TPG said McRaven will join a board that is being reshaped as the firm pushes into new markets. The company said it has $303 billion in assets under management and investment, and operates across private equity, impact, credit, real estate and market solutions. The market has reacted to these announcements by moving the company's shares -0.99% to a price of $40.28. If you want to know more, read the company's complete 8-K report here.
