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Carlyle CEO's Early Contract Proposal Was Met With Silence From Firm's Board

As Kewsong Lee’s five-year contract was drawing to a close, advisers to Carlyle Group Inc.’s CG -6.23% CEO worked with representatives of the buyout firm to prepare an initial proposal for a new deal. Submitted this past spring, the contract proposal never got a response from Carlyle’s board, according to people familiar with the matter...

Mentions: Carlyle Board CEO