Brookfield’s CEO Bruce Flatt has his attention on Connor Teskey as the person to succeed him as CEO, reported Layan Odeh and Dinesh Nair for Bloomberg.
It was Teskey’s idea to take a controlling stake in Oaktree Capital Management, an approximately $5 billion deal in 2019 that moved Brookfield into being the second-largest alternative-asset manager in the world.
Flatt took over as CEO of the firm more than two decades ago, and Odeh and Nair indicate that Teskey would likely be promoted to CEO of Brookfield Asset Management before becoming CEO of the whole firm. Teskey is currently president of Brookfield Asset Management.
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