CVC Capital Partners appoints new Co-Heads for North America
People | Jan 01, 2025 | CVC Capital Partners
CVC Capital Partners has appointed Lorne Somerville and Cathrin Petty as Co-Heads of North American private equity operations. Based in the firm's New York office, both individuals are set to drive CVC's private equity strategy and vision across the region. These appointments are part of CVC's long-term succession strategy, following Chris Stadler's transition to Chair of North America. Lorne Somerville and Cathrin Petty, well-acquainted with North American markets due to their extensive experience, will continue their roles in other key areas of CVC's global operations.
Sectors
- Private Equity
Geography
- United States – The article focuses on CVC Capital Partners' operations and leadership based in their New York office, highlighting the geography of North America.
Industry
- Private Equity – This industry classification is relevant as the article discusses the leadership appointments in CVC Capital Partners' North American private equity operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CVC Capital Partners | Private Equity Firm | Company | A leading global private equity and investment advisory firm involved in the appointment of new leadership for its North American operations. |
| Lorne Somerville | Co-Head of North American private equity | Person | Newly appointed Co-Head tasked with driving CVC's private equity strategy in North America. |
| Cathrin Petty | Co-Head of North American private equity | Person | Newly appointed Co-Head responsible for shaping CVC's private equity strategy in North America. |
| Chris Stadler | Chair of North America | Person | Former head of CVC's North American private equity operations, now transitioning to a new role as part of the succession plan. |