FS Investments Hires Joe McGeehin as Chief Financial Officer

Whats Happening:

FS Investments, an $82 billion global alternative asset manager, has appointed Joe McGeehin as its new Chief Financial Officer. McGeehin will join the firm in July, succeeding Phil Browne, who is retiring from the CFO role after more than 13 years of service. Browne will remain with the fund as a Vice Chair, providing strategic guidance during the leadership transition and beyond.

Key Moves:

• Joe McGeehin appointed as new CFO of FS Investments

• Phil Browne retiring as CFO after 13+ years, transitioning to Vice Chair role

• McGeehin to join FS Investments' Management Committee and report to CEO Michael Forman

By The Numbers:

• FS Investments manages $82 billion in assets

• Phil Browne served as CFO for over 13 years

• FS Investments has more than 500 employees across offices globally

Key Quotes:

• "Joe is a proven financial services leader with deep expertise overseeing finance at a global asset management firm," said Chairman and CEO Michael Forman.

• "We are grateful to Phil for his outstanding leadership and dedication to FS Investments over many years," Michael Forman added.

• "I am thrilled to join FS Investments at an exciting time in its growth trajectory," said Joe McGeehin.

Bottom Line:

FS Investments' appointment of Joe McGeehin as CFO marks a significant leadership transition for the $82 billion global alternative asset manager. With McGeehin's expertise in finance and strategy at global firms, and Phil Browne's continued involvement as Vice Chair, the fund is positioning itself for continued growth and expansion of its diverse investment strategies across private markets.

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