Former ESA Head Replaced as CEO at Private Equity Growth Capital Council

August 23, 2011 -

The Private Equity Growth Capital Council announced today that has replaced chief executive officer Douglas Lowenstein, with the group's current Vice President of Government Affairs Steve Judge. Judge will serve as interim CEO while the trade group hunts for a new head.

“As the council continues to evolve and grow, this is the right time for new leadership. Steve and his team have the full support of the member firms, and we look forward to adding a proven executive who can lead the council into the next stage of its development,” PEGCC Chairman Mark Tresnowski said in a statement to National Journal.

On December 19, 2006 Entertainment Software Association founder and president Doug Lowenstein confirmed his plan to leave the organization in early 2007. In February 2007 he helped found the Private Equity Growth Capital Council, serving at its president and CEO until today.

Lowenstein will step down in September. He issued the following statement on his departure:

"I am proud of all we accomplished, including building bridges between policymakers and the industry during some of the most challenging economic times in a generation.… With the PEGCC and the industry it serves in a far better place than when we started, now is a good time to step aside for new leadership."

PEGCC is a trade group that represents the private equity and growth capital investment industry. Last year, the group spent $2.4 million on lobbying, with much of that money and effort spent on fighting the Dodd-Frank Wall Street reform bill.

Source: National Journal

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Matthew Wilson@AE it could be like pokemo, but the tweet and the site makes it look like 2 different games. tbf I do not know Japanese.04/01/2015 - 7:29pm
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Andrew EisenTrashed in a fair way or are people lying about cockroach infestations and stuff?04/01/2015 - 6:24pm
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Andrew EisenIt's a pizza joint. It caters weddings? Really? I mean, that's cool. Really cool, even. But seriously?04/01/2015 - 6:02pm
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Andrew EisenConster - Link?04/01/2015 - 5:55pm
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ConsterWho's this "Anitia Skeeter" person you speak of?04/01/2015 - 5:31pm
Matthew Wilsonfatal frame coming to the US04/01/2015 - 5:25pm
ZippyDSMleeIanC: Not really but if that keeps you warm at night then well...its not me dealing with all that hatred daily :P04/01/2015 - 4:57pm
ZippyDSMleehttp://arstechnica.com/gaming/2015/03/it-felt-like-robbery-tomb-raider-and-the-fall-of-core-design/04/01/2015 - 4:55pm
james_fudgeIanC: or she doesn't like to be called every name in the book.04/01/2015 - 4:51pm
 

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