MarketPR
The appointment of Todd Sisitsky as co-CEO puts CVC's leadership succession in focus.
Sisitsky was TPG's second-in-command before the move, and CVC, a private equity group, has brought him on as part of a succession plan for its chief, Rob Lucas.
The co-CEO structure places Sisitsky alongside Lucas as the transition takes shape.
His prior role at TPG positioned him at the top of that firm's operational hierarchy, and the CVC appointment signals that the succession is now an active process rather than one held in reserve.
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