Pretium announced the appointment of Stephen M. Scherr as co-president, effective immediately. In this role, Scherr will work in partnership with co-president Jonathan Pruzan in overseeing Pretium’s strategic and operational initiatives. Scherr is also joining the firm’s executive committee and board of directors.
“I am thrilled to welcome Stephen to Pretium,” said Don Mullen, founder and CEO at Pretium. “Having known Stephen for more than 25 years, both as a colleague at Goldman Sachs and as a friend, I appreciate his deep intellect and integrity and his exceptional ability to drive commercial results. Stephen’s expertise in running businesses in financial services and consumer-facing sectors will be a tremendous asset to Pretium as we leverage our distinctive position as both an investment firm and operator of complex, vertically integrated businesses.”
Scherr brings more than 30 years of experience leading high-performing teams, including nearly three