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TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm based in Fort Worth and San Francisco, announced Monday that Gunther Bright had joined its board of directors as an independent director, effective July 1.
“On behalf of the board and leadership team, we are pleased to welcome Gunther to the TPG Board,” says Jim Coulter, founding partner and executive chairman of TPG, in a statement. “Gunther is a distinguished leader with a strong track record of driving business transformation and growth strategies on a global scale. He will play an important role in continuing to position TPG for the future of alternatives.”
Bright brings nearly 30 years of leadership experience at American Express, where he currently serves as executive vice President and general manager of Global and U.S. Large Enterprises, Global Commercial Services. Bright served as an independent board member of McAfee (NASDAQ:MCFE) from September 2021 to February 2022.
Bright currently serves as an executive committee member of the Junior Achievement of New York Board of Directors, vice chairman and executive committee member of the Alvin Ailey American Dance Theater Board of Trustees, and a member of the Executive Leadership Council.
“We believe Gunther’s skill and expertise complement that of our existing directors and are confident we will benefit from his decades of experience in the financial services industry,” says Jon Winkelried, TPG CEO. “We look forward to partnering with him in this role as we continue to generate long-term value for our stakeholders.”
TPG is a leading global alternative asset management firm founded in San Francisco in 1992 with $120 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: capital, growth, impact, real estate, and market solutions.
Says Bright: “TPG’s focus on innovation and longstanding entrepreneurial culture has been a critical driver behind the firm’s distinct brand and impressive reputation across the industry. I look forward to partnering with the board and leadership to support TPG’s continued growth and success.”