Carlyle Group Inc Chief Executive Kewsong Lee has abruptly stepped down months before the scheduled end of his five-year contract. His contract was due to expire at the end of 2022, Mr. Lee joined Carlyle in 2013 as Deputy Chief Investment Officer for Corporate Private Equity and in 2016 he assumed the additional role of leading the Global Credit segment. Prior to joining Carlyle, Mr. Lee was a partner and a member of the Executive Management Group at Warburg Pincus, where he spent 21 years. Mr. Lee served as the lead director of Arch Capital Group from 2009 to 2017, and has served on numerous corporate boards including, among others, Transdigm and Aramark. He is currently the President of Lincoln Center Theater, Vice Chairman for the US Chamber of Commerce China Center, member of the Business Roundtable, Board member of the US China Business Council, Executive Committee Member of the Partnership for New York and he also serves on the Global Advisory Council of Harvard University. Mr. Lee has been married to his wife Zita Ezpeleta for over 25 years, and they have two adult children. He earned his AB in applied mathematics in economics at Harvard College and his MBA from Harvard Business School.