STOCK TITAN

Chano Fernandez, Co-CEO of Workday, Joins KKR as Senior Advisor

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

KKR has appointed Chano Fernandez, co-CEO at Workday, as a Senior Advisor to its global technology team. Mr. Fernandez will focus on investment activities in the enterprise application software segment across Europe and North America. He brings over 20 years of experience in the technology sector, emphasizing cloud and SaaS solutions. His role involves identifying new opportunities and advising KKR's portfolio companies on operational and growth strategies. This strategic appointment reinforces KKR’s leadership in technology investing.

Positive
  • Appointment of Chano Fernandez as Senior Advisor enhances KKR's technology investment strategy.
  • Mr. Fernandez brings over 20 years of relevant experience and leadership in the technology sector.
  • Focus on enterprise application software aligns with market growth trends in Europe and North America.
Negative
  • None.

Appointment further builds on KKR’s position as one of the largest global private equity investors in software and technology

LONDON, England & MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the appointment of Chano Fernandez, co-CEO at Workday, as a Senior Advisor to KKR’s global technology team.

Mr. Fernandez will advise the KKR team on its investment activities in the technology sector globally, with a focus on the enterprise application software segment in Europe and North America. In his role, Mr. Fernandez will help to identify and assess new opportunities, and provide guidance to the management teams of KKR’s portfolio companies on operations and growth strategies.

Mr. Fernandez brings over 20 years of global leadership and entrepreneurial experience in the technology sector, with a focus on cloud, SaaS and enterprise software solutions. During his career he´s demonstrated an exceptional ability to scale businesses in a profitable and accelerated fashion, in close collaboration with his teams. As Workday´s Co-CEO, Mr. Fernandez is also a member of the company’s board of directors. Prior to joining Workday, Mr. Fernandez held senior leadership positions at several companies including SAP, Infor, Blue C, and McKinsey & Company. Mr. Fernandez is also focused on building a more sustainable world, most notably through a solar renewable energy project in which he’s held an interest for over 10 years, as well as through his volunteer work supporting talented young women in Kenya from disadvantaged backgrounds.

Jean-Pierre Saad, Head of Technology for Private Equity in EMEA, Stephen Shanley, Head of Technology Growth in Europe, and John Park, Head of Technology for Private Equity in North America at KKR, said, “We are delighted to have someone of Mr. Fernandez’s caliber work with KKR; the experience and track record he has cultivated over more than two decades will be of great value to our teams and portfolio companies. Mr. Fernandez has an impressive record in growing businesses and hiring and nurturing talent at some of the world’s leading enterprise software solutions businesses. His expertise will be extremely complementary to our global technology team at a time when technology solutions have become a critical part of every business.”

Chano Fernandez said, “KKR stands out as a leader in technology investing, with a unique culture of partnership with the companies it invests in, helping them to achieve sustainable growth. I have been impressed by the depth of expertise within the firm, and look forward to working with the team to help them to identify and grow global technology champions.”

KKR Senior Advisors bring leadership skills, knowledge-sharing and deep industry expertise. They help drive value creation by providing advice and best practice to KKR’s investment teams and the executives, entrepreneurs and management teams of its portfolio companies. Mr. Fernandez’s appointment follows those of technology Senior Advisors Ajay Kavan in 2021, Adam Warby in 2020 and Diego Piacentini in 2019.

KKR is one of the most active investors focused on building leading global technology enterprises, with global tech investments including Körber’s supply chain software business, o9, Leapwork, Cegid, Exact Software, Cloudera, Outsystems, Darktrace, MYOB, among others.

--ends--

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Media Contacts

Alastair Elwen / Sophia Johnston

Finsbury Glover Hering

Telephone: +44 20 7251 3801

Email: kkr@fgh.com

Source: KKR

FAQ

Who is the new Senior Advisor at KKR?

Chano Fernandez, co-CEO at Workday, has been appointed as a Senior Advisor to KKR's global technology team.

What will Chano Fernandez's role at KKR entail?

He will advise on investment activities in the technology sector, focusing on enterprise application software in Europe and North America.

How does KKR's appointment of Chano Fernandez impact its technology investments?

The appointment strengthens KKR's position in technology investing by leveraging Mr. Fernandez's extensive experience and expertise.

What industry experience does Chano Fernandez have?

Chano Fernandez has over 20 years of experience in the technology sector, including leadership roles at Workday, SAP, and McKinsey & Company.

Why is KKR focusing on enterprise application software?

The focus on enterprise application software aligns with current market growth trends, emphasizing the importance of technology solutions in business.

KKR & Co. Inc.

NYSE:KKR

KKR Rankings

KKR Latest News

KKR Stock Data

141.22B
672.92M
24.03%
60.96%
1.29%
Asset Management
Investment Advice
Link
United States of America
NEW YORK