KKR Appoints Adriane Brown as New Independent Director

Rhea-AI Summary

KKR & Co. Inc. (NYSE: KKR) announced the appointment of Adriane Brown to its Board of Directors, increasing the number of independent directors to ten out of fourteen board seats. Ms. Brown is the Managing Partner of Flying Fish Partners, a venture capital firm focused on AI and machine learning startups in the Pacific Northwest. This addition is expected to enhance the board's expertise and governance, aligning with KKR’s strategy of fostering growth through world-class leadership.

Positive

• Appointment of Adriane Brown, enhancing board diversity and expertise.
• Brown's venture capital background aligns with KKR's focus on technology investments.

Negative

• None.

KKR & Co. Inc. (NYSE: KKR) today announced that Adriane Brown has been appointed to the Board of Directors of KKR & Co. Inc. Her appointment will bring the number of independent directors to ten out of a total of fourteen Board seats.

Adriane Brown (Photo: Business Wire)

Ms. Brown is a Managing Partner of Flying Fish Partners, a venture capital firm that focuses its investments on startup companies building artificial intelligence and machine learning technology primarily in the Pacific Northwest.

KKR’s other independent directors include Mary Dillon (Chief Executive Officer of Ulta Beauty, Inc.), Joseph Grundfest (Stanford Law Professor and former Commissioner of the Securities and Exchange Commission), Arturo Gutiérrez (Chief Executive Officer of Arca Continental, S.A.B. de C.V.), John Hess (Director and Chief Executive Officer of Hess Corporation), Dane Holmes (Chief Executive Officer and Co-Founder of Eskalera Inc.), Xavier Niel (Deputy Chairman and Chief Strategy Officer of Iliad SA), Patricia Russo (former Chief Executive Officer of Alcatel-Lucent), Thomas Schoewe (former Chief Financial Officer of Walmart) and Robert Scully (former member of the Office of the Chairman of Morgan Stanley).

About KKR

KKR is a leading global investment firm that offers alternative asset management and 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 The 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210616005753/en/

FAQ

Who is Adriane Brown and what is her role at KKR?

Adriane Brown is the newly appointed Board member of KKR, serving as Managing Partner of Flying Fish Partners, specializing in AI and machine learning investments.

How does Adriane Brown's appointment affect KKR's Board of Directors?

Her appointment increases the number of independent directors to ten out of fourteen, potentially enhancing governance and decision-making.

What is KKR's investment focus?

KKR focuses on alternative asset management, investing in private equity, credit, and real assets, along with managing insurance solutions.

When was Adriane Brown appointed to KKR's Board?

Adriane Brown was appointed to the Board of Directors of KKR & Co. Inc. in June 2021.

What is the significance of having independent directors on KKR's Board?

Independent directors enhance corporate governance, provide unbiased perspectives, and improve accountability within the company.