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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james_fudgeSadly, no.09/16/2014 - 11:17am
Andrew EisenThat's a satire site, like the Onion, right? Please? Please tell me that's a satire site?09/16/2014 - 11:10am
james_fudgehis readers are.09/16/2014 - 10:36am
IanCWikileaks will jump on any agenda for publicity.09/16/2014 - 10:22am
NeenekoWow. This is the first I have heard of the guy. What a jerk.09/16/2014 - 10:14am
quiknkoldmaskedpixelante : Milo Yiannopolous isnt really old.09/16/2014 - 9:57am
MaskedPixelanteBreitbart in a nutshell: Racist old white men saying stupid things.09/16/2014 - 9:54am
james_fudgequiknkold, that's bile. Read the comments and you'll get a taste of that site's audience.09/16/2014 - 9:17am
ZippyDSMleeSo gamer gate will be know as the time all the 13 year old sexist racists assholes came out of the wood work and attacked anything with more brains than themsevles. 0_o09/16/2014 - 9:09am
E. Zachary KnightAwwwww. I feel so special. I have someone on Twitter shaming me for being anti-gamergate.09/16/2014 - 9:06am
quiknkoldhttp://www.breitbart.com/big-hollywood/2014/09/15/the-gamergate-movement-is-making-terrific-progress-don-t-stop-now09/16/2014 - 8:54am
james_fudgeme either.09/16/2014 - 8:54am
E. Zachary KnightI understand what Wikileaks twitter was getting at, but I have no clue what that article was getting at.09/16/2014 - 8:45am
Michael Chandra"You know how game journalists are a corrupt bunch that do shady dealings? Well so are the politicians at the NATO!" #clickbait09/16/2014 - 8:22am
james_fudgeit's simply a case of an org trying to latch onto a hashtag without knowing what it is about.09/16/2014 - 8:07am
E. Zachary KnightOk. I admit it. I have absolutely no clue what that article was trying to say. Can you explain it to me?09/16/2014 - 8:04am
Michael ChandraWhy am I not surprised seeing that coming from a man who allegedly didn't respect women's wishes regarding condom use?09/16/2014 - 8:01am
Michael Chandrahttp://www.newstatesman.com/media-mole/2014/09/wikileaks-wades-gamergate-says-nato-corrupt-video-games-journalism09/16/2014 - 8:00am
E. Zachary KnightGot a link?09/16/2014 - 7:58am
quiknkoldas in, they gave a big shout out to Gamergate09/16/2014 - 7:43am
 

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