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Blackstone (BX) Names Jon Gray as President and COO

February 13, 2018 11:05 AM EST

(Updated - February 13, 2018 11:06 AM EST)

(Update corrects headline)

Blackstone (NYSE: BX) announced today that Tony James, President and Chief Operating Officer, will be handing over day-to-day management of the firm to Jon Gray, Global Head of Real Estate. Mr. James will continue in a full-time role at the firm and assume the title of Executive Vice Chairman, reporting to Stephen A. Schwarzman, Co-Founder, Chairman and Chief Executive Officer. Mr. Gray will become President and Chief Operating Officer also reporting to Mr. Schwarzman. Two long-time leaders in Blackstones real estate group, Ken... More