Connor Teskey has become the new CEO of Brookfield Asset Management, succeeding Bruce Flatt and concluding a four-year succession plan designed to stabilize the firm’s long-term future.
Flatt will remain chair of Brookfield’s board as well as CEO of parent company Brookfield Corp.
Teskey joined Brookfield in 2012 and has held a variety of investment and management roles during that time — most recently head of Brookfield’s Renewable Power & Transition group. He will retain this role and be responsible for investments and operations across a range of energy infrastructure investments.
“This appointment is the next step in the succession process we started four years ago to prepare the generation of leaders who will guide the company for the next 20-plus years,” wrote Flatt in a letter to investors. “It is firmly rooted in Brookfield’s distinctive culture, which emphasizes collaboration, fosters innovation and entrepreneurial spirit, and mainta
