KKR to Appoint Robert Lewin as Chief Financial Officer

December 4, 2019

Bill Janetschek Retiring at Year End

NEW YORK–(BUSINESS WIRE)– KKR & Co. Inc. (NYSE:KKR) (together with its affiliates, “KKR”) today announced that Robert H. Lewin will be appointed Chief Financial Officer (“CFO”), effective January 1, 2020. Mr. Lewin will succeed William (“Bill”) J. Janetschek who will be retiring from KKR at the end of the year.

Henry Kravis and George Roberts, Co-CEOs and Co-Chairmen of KKR, stated: “During a long and successful career at KKR, Bill transformed our finance function from one that supported a small partnership to the world-class operation it is today. We are indebted to Bill for his dedication to KKR, which spans over three decades, first as an advisor to KKR and then as our CFO for the last 20 years.”

“We are pleased to welcome Rob Lewin to a new role at KKR. We have both worked very closely with Rob since he joined KKR 16 years ago. He has a deep understanding of the firm, having held numerous strategic leadership, business development and investing roles throughout his career. Rob is a strong culture carrier who has been a trusted advisor and leader on many of the firm’s major advances over the last several years,” Joe Bae and Scott Nuttall, Co-Presidents and Co-Chief Operating Officers of KKR, added.

Since joining KKR in 2004, Mr. Lewin has held a number of positions. These include as an investor in private equity, helping launch KKR’s Asia business, co-leading the firm’s credit and capital markets businesses, and serving as Treasurer and Head of Corporate Development with oversight of KKR’s balance sheet. For the last two years, Mr. Lewin served as Head of Human Capital & Strategic Talent where he has led all aspects of KKR’s talent function.

Prior to joining KKR, Mr. Lewin was at Bear Stearns & Company. Mr. Lewin currently serves on the board of Answer the Call. He holds a B.S. from the University of Pennsylvania.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE:KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191204005882/en/

Media:
Kristi Huller or Cara Major
212-750-8300
media@kkr.com

Investors:
Craig Larson
+1 (877) 610-4910 (U.S.) / +1 (212) 230-9410
investor-relations@kkr.com

Source: KKR & Co. Inc.

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Email: Investor-Relations@kkr.com

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This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively “KKR”), including certain investment funds, vehicles and accounts that are managed by KKR (each, a “fund”). Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements are based on KKR’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. If a change occurs, KKR’s business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKR’s business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKR’s competition. All forward-looking statements speak only as of the date they are made. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. In addition, KKR’s business strategy is focused on the long-term and financial results are subject to significant volatility.

Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov.