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Fortune

Diane Brady

UNCOVERED: Inside blackstone s ceo selection process | History Defined

Blackstone Fortune SERVPRO

(Credit: Photograph by Brad Ogbonna for Fortune)

In today’s CEO Daily: Ruth Umoh on how Blackstone selects, supports, and guides CEOs at its portfolio companies.
The big story: Trump makes baseless accusations about the plane crash.
The markets: Up.
Analyst notes from BofA, Saxo, Goldman, and Wedbush.
Plus: All the news and watercooler chat from Fortune.

Good morning. As one of the world’s largest asset managers, overseeing $1.1 trillion in investments, Blackstone takes CEO appointments at its portfolio companies seriously. So seriously, in fact, that it has built an expansive network of stakeholders to guide each selection—a process I chronicled in Fortune’s February/March 2025 issue.

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