Dan Akerson is now vice chairman of Carlyle board

Article by Christian Andrei, on March 17, 2014

Dan Akerson is now back at Carlyle Group LP. Carlyle has appointed Akerson as vice chairman of the board of directors as well as special adviser. Akerson joined Carlyle’s ranks on March 1 and is tasked to provide operational, investment and management guidance to the investment teams, firm management and the board, Carlyle said in a statement.

Akerson previously worked at Carlyle as its chief of global buyouts and co-head of US buyouts before joining General Motors in 2009. His relationship with Carlyle can be traced back to the 1980s, when he was president and COO of MCI Communications Corp., a telecom company where William Conway was chief financial officer.

In 1987, Conway founded Carlyle with Daniel D’Aniello and David Rubenstein. Akerson was named chief executive of GM in 2010 and led the carmaker until it got out of government ownership, including overseeing its initial public offering.

He stepped down in January to take care of his wife, and was succeeded by Mary Barra. “His remarkable depth of leadership experience will be a great asset to the board and our investment teams,” D’Aniello, chairman of the Carlyle board, said in the statement. Carlyle oversees $189 billion in assets.

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