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Disgraced general Petraeus joins investment firm KKR

Published on Thursday, 30 May 2013
Former CIA director David Petraeus
The former commander of International Security Assistance Force and US Forces-Afghanistan, Davis Petraeus, shakes hands with Paula Broadwell, co-author of All In: The Education of General David Petraeus, in this July 13, 2011 file photo. Petraeus resigned as CIA director over his extramarital affair with his biographer, Broadwell. ASSOCIATED PRESS

NEW YORK: David Petraeus, 60, will serve as chairman of the New York firm’s newly created KKR Global Institute. He was CIA director from September 2011 until last November. Before that, Petraeus served more than 37 years in the US Army, where he rose to the rank of four-star general.

Petraeus served as commander of NATO forces in Afghanistan and also commanded forces in Iraq in 2007 and 2008, when violence in that country dropped following a surge in military forces.

KKR said that Petraeus will support its investment teams and portfolio companies when studying new investments, especially in new locations. The company did not detail terms of its agreement with Petraeus, but a spokeswoman said he will serve in a consultant’s role

Petraeus has a doctorate from Princeton University and has written widely on international relations, military strategy and tactics, and national security issues. He also has taught economics and international relations at the US Military Academy.

Petraeus will add the new job to a couple of teaching assignments. Earlier this month, the University of Southern California announced that he will join its faculty to teach classes and mentor ROTC members.

In April, Macaulay Honors College at City University of New York named Petraeus a visiting professor for public policy starting next August. He said in a statement released by Macaulay that he was looking forward to leading a seminar on the global economic slowdown.


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