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December 6, 2024
PI Global Investments
Private Equity

Carlyle CEO Awarded $187 Million Pay Package in First Year


Carlyle Group Inc. Chief Executive Officer Harvey Schwartz was awarded a $187 million pay package in his first year at the private equity firm.

The vast majority of his compensation — $180 million of restricted stock units that he received when he joined the firm — vests over several years and is based on how long he stays in the role and how well the shares perform. He also received a $6 million cash bonus that was double the size of his target and a salary of $838,462, according to a <-bsp-bb-link state=”{“bbHref”:”bbg://screens/DOCV%20CF%200001527166-24-000034″,”_id”:”0000018e-a67b-d896-a1af-f6fb0fcd0000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>filing-bsp-bb-link> Wednesday.

Harvey Schwartz

Photographer: Nathan Howard/Bloomberg

Schwartz, 60, a former Goldman Sachs …



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