Posted 05 March, 2024
Oaktree Capital Group, LLC appointed new CEO
CEO Change detected for ticker NYSE:OAK.PA in a 8-K filed on 05 March, 2024.
On February 28, 2024, Nicholas H. Goodman was appointed chief executive officer of Oaktree Capital Group, LLC (the "Company") by the board of directors of the Company (the "Board"), effective as of March 1, 2024.
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Overview of Oaktree Capital Group, LLC
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. On February 28, 2024, Nicholas H. Goodman was appointed chief executive officer of Oaktree Capital Group, LLC (the "Company") by the board of directors of the Company (the "Board"), effective as of March 1, 2024. The appointment of Mr. Goodman was effected in connection with the planned 2024 Restructuring (as defined below) described in Item 8.01 herein. Mr. Goodman, 42, has served as President and Chief Financial Officer of Brookfield Corporation (together with its affiliates, "Brookfield") since August 2022 and will continue to serve in that role. Prior to that, he has served in various roles with Brookfield since 2010, including Managing Partner and Treasurer of Brookfield Corporation. Mr. Goodman will not receive any compensation from the Company in exchange for his services as the Company's chief executive officer. There are no family relationships between Mr. Goodman and any director or executive officer of the Company.
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