Blackstone Announces Stephanie Lundquist, Former EVP and President at Target, as Senior Advisor
04 Novembre 2021 - 3:35PM
Business Wire
Blackstone (NYSE: BX) today announced the appointment of
Stephanie Lundquist, former EVP and President, Food & Beverage
at Target, as a Senior Advisor. Stephanie will bring her expertise
in large-scale organizational development, people management,
operations, data and technology transformation to advise across
Blackstone’s businesses, with a focus on Blackstone Growth (BXG),
the firm’s growth equity investing platform.
Jon Korngold, Global Head of Blackstone Growth, said: “Stephanie
is an exceptional leader with experience that spans nearly all
facets of a complex, Fortune 50 organization. Our portfolio
companies, particularly those in the consumer space, will benefit
from her insights as they look to scale and successfully navigate
today’s complex environment.”
Stephanie Lundquist added: “I look forward to working with
Blackstone and its global base of portfolio companies. Jon and the
BXG team’s unique focus on providing world-class operational
support and resources to growth-stage companies is critical in
today’s rapidly changing world.”
Lundquist spent 15+ years at Target, including in senior roles
across HR, operations and business transformation. She most
recently ran Target’s $18B multi-channel food and beverage business
and previously served as Chief Human Resources Officer of the
company, leading all aspects of human resource management for its
300,000+ team members around the world. In 2015, Lundquist helped
create a new “Transformation Office” at the company where she
directed key strategic initiatives under the leadership of a new
CEO.
Lundquist is currently a board member of Sysco and previously
Shipt. She received her bachelor’s degree in business and
communication from Concordia College in Moorhead, Minnesota.
About Blackstone
Blackstone is the world’s largest alternative asset manager. We
seek to create positive economic impact and long-term value for our
investors, the companies we invest in, and the communities in which
we work. We do this by using extraordinary people and flexible
capital to help companies solve problems. Our $731 billion in
assets under management include investment vehicles focused on
private equity, real estate, public debt and equity, life sciences,
growth equity, opportunistic, non-investment grade credit, real
assets and secondary funds, all on a global basis. Further
information is available at www.blackstone.com. Follow Blackstone
on Twitter @Blackstone.
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Tom Clements Thomas.clements@blackstone.com 646-482-6088
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