{"id":385124,"date":"2020-11-19T09:03:21","date_gmt":"2020-11-19T14:03:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385124"},"modified":"2020-11-19T09:03:21","modified_gmt":"2020-11-19T14:03:21","slug":"blackstone-hires-former-sap-co-ceo-jennifer-morgan-to-lead-technology-transformation-across-its-portfolio-companies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-former-sap-co-ceo-jennifer-morgan-to-lead-technology-transformation-across-its-portfolio-companies\/","title":{"rendered":"Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBlackstone (NYSE:BX) today announced that Jennifer Morgan, the former Co-Chief Executive Officer of SAP, the world\u2019s largest provider of enterprise application software, has joined the firm as its first Global Head of Portfolio Transformation and Talent.\n<\/p>\n<p>\nIn this newly established leadership role, Ms. Morgan will be responsible for a team within Blackstone\u2019s portfolio operations group helping the firm\u2019s more than 200 portfolio companies drive growth through digital transformation \u2013 coupled with identifying best-in-class leadership and talent to execute on those initiatives. She will be a key operating partner to those businesses, with a particular focus on the technology companies in which Blackstone invests.\n<\/p>\n<p>\nJon Gray, Blackstone President and COO, said: \u201cBlackstone has been focused on investing globally in high-quality businesses with significant growth potential. We are thrilled to have an executive of Jennifer\u2019s caliber supporting our companies as they deploy transformative new technologies with world-class talent.\u201d\n<\/p>\n<p>\nJoe Baratta, Global Head of Blackstone Private Equity, said: \u201cWe are committed to building a premier portfolio operations group that can help our companies reach their full potential. Driving transformational growth and attracting the best talent from a variety of backgrounds to our companies are essential elements for success. Jennifer is an outstanding technology executive and leader who will help us deliver on our mission for our companies, their employees, and our investors.\u201d\n<\/p>\n<p>\nJennifer Morgan added: \u201cI\u2019m excited to join Blackstone&#8217;s incredibly talented team and lead its efforts to accelerate innovation and growth across its portfolio companies. Technology will continue to reshape and create new business models in every industry, representing an enormous opportunity for value creation for Blackstone companies and investors. I look forward to bringing my global technology experience and making a difference together with the Blackstone team.&#8221;\n<\/p>\n<p>\nPrior to joining Blackstone, Ms. Morgan served as Co-Chief Executive Officer at SAP \u2013 becoming the first female CEO of a DAX company. She also held various, additional leadership roles at SAP over 16 years \u2013 including serving on its executive board between 2017 and 2020 \u2013 and oversaw many of the company\u2019s largest and most important strategic growth initiatives. Ms. Morgan holds a BA in Business Administration from James Madison University and currently is a board member of Bank of New York Mellon and of the National Academy Foundation and is on the Board of Advisors at James Madison University\u2019s College of Business. She has been named one of the Most Powerful Women in Business by <i>Fortune<\/i> and Most Powerful Women in the World and Technology by <i>Forbes<\/i>.\n<\/p>\n<p><b>About Blackstone<\/b><\/p>\n<p>\nBlackstone is one of the world\u2019s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $584 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackstone.com&amp;esheet=52332358&amp;newsitemid=20201119005800&amp;lan=en-US&amp;anchor=www.blackstone.com&amp;index=1&amp;md5=8471bfd0580c8f2dbc8cc064f1ca8ef4\">www.blackstone.com<\/a>. Follow Blackstone on Twitter @Blackstone.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201119005800r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201119005800\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201119005800\/en\/<\/a><\/span><\/p>\n<p>\nMatt Anderson<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Matthew.Anderson@blackstone.com\">Matthew.Anderson@blackstone.com<br \/>\n<\/a><br \/>+1 518 248 7310\n<\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Consulting Banking Professional Services Other Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201119005800\/en\/286215\/3\/bx_logo_jpeg.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies NEW YORK&#8211;(BUSINESS WIRE)&#8211; Blackstone (NYSE:BX) today announced that Jennifer Morgan, the former Co-Chief Executive Officer of SAP, the world\u2019s largest provider of enterprise application software, has joined the firm as its first Global Head of Portfolio Transformation and Talent. In this newly established leadership role, Ms. Morgan will be responsible for a team within Blackstone\u2019s portfolio operations group helping the firm\u2019s more than 200 portfolio companies drive growth through digital transformation \u2013 coupled with identifying best-in-class leadership and talent to execute on those initiatives. She will be a key operating partner to those businesses, with a particular focus on the technology companies in which Blackstone &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-former-sap-co-ceo-jennifer-morgan-to-lead-technology-transformation-across-its-portfolio-companies\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385124","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-former-sap-co-ceo-jennifer-morgan-to-lead-technology-transformation-across-its-portfolio-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies NEW YORK&#8211;(BUSINESS WIRE)&#8211; Blackstone (NYSE:BX) today announced that Jennifer Morgan, the former Co-Chief Executive Officer of SAP, the world\u2019s largest provider of enterprise application software, has joined the firm as its first Global Head of Portfolio Transformation and Talent. In this newly established leadership role, Ms. Morgan will be responsible for a team within Blackstone\u2019s portfolio operations group helping the firm\u2019s more than 200 portfolio companies drive growth through digital transformation \u2013 coupled with identifying best-in-class leadership and talent to execute on those initiatives. 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In this newly established leadership role, Ms. Morgan will be responsible for a team within Blackstone\u2019s portfolio operations group helping the firm\u2019s more than 200 portfolio companies drive growth through digital transformation \u2013 coupled with identifying best-in-class leadership and talent to execute on those initiatives. 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