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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Andrew Eisen(Ghostbusters is my favorite movie, if anyone was wondering why I'm so unusually excited for this project.)06/30/2015 - 7:01pm
Andrew EisenI am so completely over-the-moon with excitement for the new Ghostbusters movie! It's going to absolutely destroy me if it sucks. Long wait. Fingers crossed!06/30/2015 - 7:00pm
Goth_SkunkAdditionally, the entry really doesn't have much of a point to it. It's just a long, rambling rant akin to what an angsty high-school student would write on their facebook page.06/30/2015 - 6:51pm
MonteAnd most of those viewpoints just so happen to revolve around women and topics that feminists cover, and not actual gaming journalism.06/30/2015 - 6:51pm
Goth_Skunk@DocMelonhead: First off, thanks for using an archive. Second, I would argue that Miss Alexander doesn't know the right women. Given the members of her echo-chamber, I don't find that surprising in the least.06/30/2015 - 6:50pm
Goth_Skunk@Monte: GamerGate does not focus attention on feminists; it focuses its attention on viewpoints it happens to disagree with. The fact that most of those opinions happen to come from radical feminists is a coincidence.06/30/2015 - 6:31pm
Andrew EisenBut hey, we all make bad videos from time to time. I'm certainly not going to hold that single one against her.06/30/2015 - 6:31pm
Andrew EisenAh, okay. I probably don't read their blogs or follow them on Twitter so I've never heard anything they've had to say. The only thing I know about Sommers is the video we reported on a while back and I certainly wouldn't classify that as scholarly!06/30/2015 - 6:30pm
Goth_SkunkAlso, "junior campus feminist" is a young (late teens to late 20's, hence "junior") college student radical activist (see Emma Sulkowicz as an example). This, as opposed to a more mature, scholarly feminist like Sommers.06/30/2015 - 6:24pm
Andrew EisenNo, because "feminisim" isn't a group. There are feminist groups with leaders though.06/30/2015 - 6:23pm
Goth_SkunkDoes Feminism have a leader?06/30/2015 - 6:19pm
Andrew EisenWell, maybe the SPJ Airplay discussion will be just what everyone needed and we'll all live happily ever after!06/30/2015 - 6:16pm
MonteFrankly, for those in it for jounalism, the best thnig they can do is forget GG and find a new Tag. By using GG theybring with themselves all of the baggage that comes with it, and thus no one listens to them. They voices would go farthar without trolls06/30/2015 - 6:12pm
MonteThing is with internaet movements, their is no leadership or membership which means ANYONE can define it and use it as they please. No one member gets to sayhis version is right and everyone else is wrong because his claim is just as valid as theirs06/30/2015 - 6:10pm
MonteGamergate's menaing varies from person to person. Some pretty much allign it with MRA's. Other's do it because they want to defend developers from feminists who criticize their work. This has nothing to do with journalism but gets the Tag anyway06/30/2015 - 6:08pm
DocMelonheadGoth, Take a look at this: It's old, but got a point form the "Gamers are Over" blogger herself: https://web.archive.org/web/20150530072314/http://boingboing.net/2015/05/29/all-the-women-i-know-in-video.html06/30/2015 - 6:08pm
Monte@Goth, What you just described GG to be has nothing to do with feminism, and yet GG focus's their attention on feminists. REAL examples of bad jounralism often forgotten, while feminists reamin a constant target06/30/2015 - 6:03pm
Andrew EisenSuggesting such doesn't automatically make one not a feminist. And what the heck is a "junior campus feminist"?06/30/2015 - 6:02pm
Goth_SkunkIt's fine to disagree. It's entirely another to suggest that Sommers is a proponent of rape culture or a puppet of the Patriarchy. Not that you yourself have made any such claims Andrew, but junior campus feminists certainly have.06/30/2015 - 6:01pm
Andrew EisenFeminists can disagree with each other. That doesn't mean one is a feminist and one isn't.06/30/2015 - 6:00pm
 

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