Rodney Zemmel has joined Blackstone as global head of portfolio operations, said a Feb. 27 news release.
In this role, Zemmel will oversee Blackstone’s portfolio operations group, a team of operating executives that provides expertise and support to Blackstone’s portfolio companies across a wide range of functional areas, including data science and AI transformation, cybersecurity, group procurement, energy efficiency, operational excellence and asset management, the release noted.
A spokesperson for Blackstone said Zemmel is replacing Jen Morgan, who became CEO of UKG, Blackstone’s largest private equity investment.
Blackstone’s portfolio currently has 250 companies with $226 billion of annual revenue.
Zemmel formerly served as a senior partner at global management consulting firm McKinsey & Co., serving most recently as the global leader of both McKinsey Digital and the firm’s AI transformation initiatives.
Blackstone has more than $1.1 trillion in assets under management.
McKinsey could not be immediately reached for further details.
