Business Context and Reporting Period
This Form 8-K Current Report was filed by The Blackstone Group L.P. on April 6, 2009, covering events occurring on April 1, 2009. The filing addresses corporate governance changes specifically regarding the appointment of a principal accounting officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of Kathleen Skero as the principal accounting officer of the general partner of The Blackstone Group L.P., effective April 1, 2009. Ms. Skero, age 56, is a Managing Director in Blackstone's Finance Group. Her predecessor, Dennis J. Walsh, will remain with the company as a Managing Director in the Finance Group.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on market conditions, or discussion of risks and contingencies. It notes that the terms of Ms. Skero's employment arrangements have not been amended as a result of her appointment.
Investor Verification Checklist
- Verify the effective date of Kathleen Skero's appointment as principal accounting officer (April 1, 2009).
- Confirm the continued employment status of Dennis J. Walsh as a Managing Director in the Finance Group.
- Review Ms. Skero's prior experience, including her tenure as CFO for Global Private Client at Merrill Lynch & Co.
- Note that no financial data or strategic outlook is included in this specific filing.