About

Harvey M. Schwartz is the Chief Executive Officer of Carlyle and a member of the Board of Directors, serving in both capacities since February 15, 2023 and based in New York. On February 6, 2023, Carlyle's Board appointed him CEO effective February 15, 2023, at which point Co-Founder Bill Conway stepped down as Interim CEO while remaining Co-Chairman of the Board.

He worked at Goldman Sachs from 1997 to 2018, where his last position was President and Co-Chief Operating Officer and he held numerous senior leadership roles including Chief Financial Officer and Global Co-Head of the Securities Division. He started his career at J.B. Hanauer & Co., then moved to First Interregional Equity Corporation, and in 1989 joined Citigroup, where he worked in the firm's credit training program and developed a specialty in structuring commodity derivatives. He earned his BA from Rutgers University and his MBA from Columbia University.

Roles

Carlyle Group Inc.
Chief Executive Officer · Current role
2023-02-15–present
Goldman Sachs
President and Co-Chief Operating Officer; Chief Financial Officer; Global Co-Head of the Securities Division · Held numerous senior leadership positions over more than two decades.
1997–2018
Citigroup
Structurer of commodity derivatives · Joined in 1989; worked in the firm's credit training program.
First Interregional Equity Corporation
Early-career role
J.B. Hanauer & Co.
Started his career
Goldman Sachs
President and Co-Chief Operating Officer; Chief Financial Officer; Global Co-Head, Securities Division
1997–2018
Citigroup
Commodity derivatives specialist · Joined in 1989.
J.B. Hanauer & Co.
Early-career role

External Roles

One Mind
Board member
SoFi Technologies, Inc.
Former board member
2021–2024
Rutgers University
Member, Board of Governors
Rutgers University Board of Governors
Member

Fixed Compensation

FY 2025
Salary
$1,000,000
Cash Bonus
$0
Stock Awards
$0
Non-Equity Incentive Plan Compensation
$6,000,000
noteAnnual performance bonus for 2025
All Other Compensation
$149,859
car service$95,502
personal security services$54,357
Total
$7,149,859

Performance Compensation

Data from FY 2025

Cash incentive

FRE
200% achievement
MetricFRE
Target Opportunity
100% of target payout
Weight25%
Threshold50% of target payout
Maximum200% of target payout
Achievement200% achievement
FRE Margin (maintain stable margins while investing in target growth areas)
200% achievement
MetricFRE Margin (maintain stable margins while investing in target growth areas)
Target Opportunity
100% of target payout
Weight25%
Threshold50% of target payout
Maximum200% of target payout
Achievement200% achievement
Individual / qualitative performance measures (target growth areas, client and shareholder engagement, disciplined capital allocation, organizational development)
200% achievement
MetricIndividual / qualitative performance measures (target growth areas, client and shareholder engagement, disciplined capital allocation, organizational development)
Target Opportunity
100%
Weight50%
Maximum200%
Achievement200% achievement
Total Annual Performance Bonus (300% of base salary target; max 200% of target)
$6,000,000
MetricTotal Annual Performance Bonus (300% of base salary target; max 200% of target)
Target Opportunity
$3,000,000
Weight100%
Threshold$375,000
Maximum$6,000,000
Achievement$6,000,000

Also at Carlyle Group Inc.

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