Global investment firm Carlyle announced John Redett will become the firm’s CFO and head of corporate strategy, effective Oct. 1. Redett will succeed Curt Buser, who has served as CFO at Carlyle since 2014 and who will retire from the firm at the end of the year. Buser will step down as CFO on Sept. 30 and will become a senior advisor until his retirement.

Redett has 25 years of experience in financial services, the past 16 of which have been at Carlyle, including serving as co-head of global financial services since 2016 and sole head of global financial services since 2020. In his new role, Redett will work with Carlyle’s CEO, Harvey Schwartz, and the firm’s leadership team to implement Carlyle’s strategy for driving long-term growth.

In addition to Redett’s appointment, Carlyle announced that Jim Burr will become head of global financial services, effective Oct. 1. Burr is a 27-year veteran of the financial services industry and a senior member of Carlyle’s financial services team. He has been involved in Carlyle’s financial services portfolio since he joined the team in 2008 and currently serves on the boards of Hilb Group, CFGI, PIB Group, Hurst Point, NSM Insurance Group and Vantage.

“I am pleased to announce John’s new position at Carlyle. He is an industry veteran with an impressive track record of successfully implementing growth strategies at financial services firms, and I am confident he is the right leader to work closely with me to further scale the firm and deliver for all our stakeholders,” Schwartz, said. “I would also like to thank Curt for his support as I transitioned into my new role at Carlyle and his dedication to the firm over his long and successful career.”

“Curt has made an enormous contribution to Carlyle over nearly two decades, transforming our finance function. From overseeing financial management to improving reporting systems and playing a key role in the firm’s IPO, his leadership and wise counsel have driven Carlyle’s growth and success,” Bill Conway and David Rubenstein, co-chairmen at Carlyle, said. “We wish Curt an enjoyable retirement and congratulate John and Jim on their new roles.”

“I am honored to take on this new role at Carlyle and look forward to working closely with Harvey and the leadership team across the firm to capture the substantial long-term opportunity and execute our growth strategy,” Redett said. “For 16 years it has been a privilege to be part of a world-class firm with incredibly talented people and I am excited to get started in my new role. I would like to thank Harvey for this opportunity and Curt for ensuring a smooth transition.”

“Having spent nearly 20 years at Carlyle and served as CFO for almost a decade, it is the right time to announce my retirement. I am grateful for the opportunity to have worked alongside such collaborative and talented colleagues throughout my career at Carlyle,” Buser said. “I am especially thankful to the founders for their leadership and for supporting my professional and personal development. It has been a pleasure getting to know and work with Harvey and I am highly confident in his leadership and the future of the firm.”