{"id":801774,"date":"2025-01-16T15:58:39","date_gmt":"2025-01-16T20:58:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\/"},"modified":"2025-01-16T15:58:39","modified_gmt":"2025-01-16T20:58:39","slug":"brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\/","title":{"rendered":"Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management"},"content":{"rendered":"<h2>\nAppointment comes as Mark Carney departs to enter Canadian Liberal Party leadership race<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Jan.  16, 2025  (GLOBE NEWSWIRE) &#8212; Brookfield Asset Management (\u201cBrookfield\u201d), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, announced today the appointment of Bruce Flatt as Chair of the Board of Directors, in addition to his role as Chief Executive Officer. He replaces Mark Carney, who today announced his candidacy for the leadership of the Liberal Party of Canada. Concurrent with the launch of Mr. Carney\u2019s campaign, Brookfield has accepted his resignation from the company.<\/p>\n<p align=\"justify\">In discussing Mark Carney\u2019s decision, Mr. Flatt said, \u201cMark has been a tremendous partner to the firm since he joined nearly five years ago, both in his role as Chair of Brookfield Asset Management for the past two years, and notably in establishing Brookfield as the leading private capital investor in the energy transition. We are sorry to see him leave, but he does so to fulfill his deep sense of public service to Canada and we wish him all the best in his new pursuit.\u201d<\/p>\n<p align=\"justify\">He continued, \u201cUnder Connor Teskey\u2019s leadership, our deep bench of experienced investment and operating professionals will continue to steer Brookfield\u2019s world-leading transition investing activities. We are proud to have been named the world\u2019s largest impact investor for two years running, thanks to more than $30 billion of dedicated transition capital raised in less than four years.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Brookfield Asset Management<\/strong>\n      <\/p>\n<p align=\"justify\">BAM is a leading global alternative asset manager with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. BAM invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. BAM offers a range of alternative investment products to investors around the world \u2014 including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. BAM draws on Brookfield\u2019s heritage as an owner and operator to invest for value and generate strong returns for its clients, across economic cycles.<\/p>\n<p align=\"justify\">For more information, please visit BAM\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jD42ITPHr6cPfjGaRSyVh0XBIHMFlqOPqOJGcDqKwW2zw9E_KcFUHMgKpsbPmWFPIxeCeKUvf8Z5kD6DMiP6Hb_iCR26_nNGvzqp-ITStVI=\" rel=\"nofollow\" target=\"_blank\"><u>www.bam.brookfield.com<\/u><\/a> or contact:<\/p>\n<table style=\"border-collapse: collapse;width:80%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">\n            <strong>Media:<\/strong><br \/>\n            <br \/>Kerrie McHugh<br \/>Tel: (212) 618-3469<br \/>Email: <a href=\"mailto:kerrie.mchugh@brookfield.com\" rel=\"nofollow\" target=\"_blank\"><u>kerrie.mchugh@brookfield.com<\/u><\/a><\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%;vertical-align: top\">\n            <strong>Investor Relations:<\/strong><br \/>\n            <br \/>Jason Fooks<br \/>Tel: (212) 417-2442<br \/>Email: <a href=\"mailto:jason.fooks@brookfield.com\" rel=\"nofollow\" target=\"_blank\"><u>jason.fooks@brookfield.com<\/u><\/a><\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMzQ4MSM2Njk3OTE1IzIyNTQ3Njc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGU0ZTg2YzQtNzdkMS00OGNmLWE5MjktMmE1MmI2YjhmZjI4LTEyNjYzMTY=\/tiny\/Brookfield-Asset-Management-Lt.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Appointment comes as Mark Carney departs to enter Canadian Liberal Party leadership race NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) &#8212; Brookfield Asset Management (\u201cBrookfield\u201d), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, announced today the appointment of Bruce Flatt as Chair of the Board of Directors, in addition to his role as Chief Executive Officer. He replaces Mark Carney, who today announced his candidacy for the leadership of the Liberal Party of Canada. Concurrent with the launch of Mr. Carney\u2019s campaign, Brookfield has accepted his resignation from the company. In discussing Mark Carney\u2019s decision, Mr. Flatt said, \u201cMark has been a tremendous partner to the firm since he joined &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management&#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-801774","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management - 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\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Appointment comes as Mark Carney departs to enter Canadian Liberal Party leadership race NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) &#8212; Brookfield Asset Management (\u201cBrookfield\u201d), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, announced today the appointment of Bruce Flatt as Chair of the Board of Directors, in addition to his role as Chief Executive Officer. He replaces Mark Carney, who today announced his candidacy for the leadership of the Liberal Party of Canada. Concurrent with the launch of Mr. Carney\u2019s campaign, Brookfield has accepted his resignation from the company. In discussing Mark Carney\u2019s decision, Mr. Flatt said, \u201cMark has been a tremendous partner to the firm since he joined &hellip; Continue reading &quot;Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-16T20:58:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMzQ4MSM2Njk3OTE1IzIyNTQ3Njc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management\",\"datePublished\":\"2025-01-16T20:58:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\\\/\"},\"wordCount\":401,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMzMzQ4MSM2Njk3OTE1IzIyNTQ3Njc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brookfield-appoints-bruce-flatt-as-chair-of-brookfield-asset-management\\\/\",\"name\":\"Brookfield Appoints Bruce Flatt as Chair of Brookfield Asset Management - 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He replaces Mark Carney, who today announced his candidacy for the leadership of the Liberal Party of Canada. Concurrent with the launch of Mr. Carney\u2019s campaign, Brookfield has accepted his resignation from the company. 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