Blackstone Portfolio Operations Chief Morgan Named UKG CEO (1)

Jennifer Morgan, who leads the army of operators who keep Blackstone Inc.’s business empire running, is leaving to become chief executive officer at human resources software firm UKG Inc.

In recent days, Blackstone executives told some employees that Morgan will step down from her role as global head of portfolio operations at the $1 trillion private equity firm. The firm shared the news more broadly with staff in a memo Monday.

Jen Morgan

Source: Blackstone

Morgan, 53, has steered a group of Blackstone operating executives and advisers who fine-tuned the workings of the roughly 230 portfolio companies the firm owns. ...