Joe McGeehin Joins FS Investments as New Chief Financial Officer
FS Investments Welcomes Joe McGeehin as Chief Financial Officer
FS Investments, a leading global alternative asset manager with assets under management reaching $82 billion, has made a significant announcement regarding its leadership team. Starting in July, Joe McGeehin will take over as Chief Financial Officer (CFO), following the retirement of Phil Browne, who has held this pivotal role for over 13 years. Browne will continue with the company as Vice Chair, providing valuable insights and guidance as the firm navigates this leadership transition.
Joe McGeehin arrives at FS Investments with a wealth of experience in financial services. Prior to this appointment, he served as the Deputy CFO and Head of Strategy for Bridgewater Associates. In this role, he managed vital finance functions and spearheaded strategic initiatives, notably overseeing a multi-year recapitalization effort that bolstered the management company’s capabilities. His comprehensive background also includes a tenure at Morgan Stanley, where he worked closely with top management and was involved in corporate strategy and mergers and acquisitions. Additionally, McGeehin has experience in the government as a White House Fellow under the Obama administration, contributing to trade and strategic initiatives within the U.S.
In a statement about his new position, McGeehin expressed enthusiasm for joining FS Investments during a pivotal growth phase. He acknowledged the firm’s entrepreneurial spirit and innovative approach to investment, signifying his eagerness to collaborate with Chairman and CEO Michael Forman, Browne, and the rest of the team to continue delivering significant value to clients and stakeholders.
Michael Forman, Chairman and CEO of FS Investments, praised Joe as "a proven financial services leader with deep expertise". Forman expressed confidence that McGeehin's vast experience in finance, strategy, and governance will be instrumental as FS Investments looks to expand its operations and adapt to the evolving finance landscape.
Reflecting on his retirement, Phil Browne highlighted his gratitude towards FS Investments and his commitment to ensuring a smooth transition for McGeehin. Browne has been essential in leading the firm’s evolution from a small, single-strategy organization into a global asset manager boasting a diverse array of strategies across private markets. Under his leadership, FS Investments established strong relationships with key financial entities, demonstrating significant growth and resilience in challenging markets.
FS Investments is recognized for its dedication to providing innovative investment solutions, emphasizing its high-performance culture that is focused on client value, colleague development, and community engagement. With more than 500 employees and offices across the U.S., Europe, and Asia, the firm is well-positioned to navigate the future of alternative asset management.
In conclusion, as FS Investments embarks on this new chapter with Joe McGeehin at the helm of its finance strategy, stakeholders await the innovative strategies and perspectives he will bring to the firm. With Browne remaining on board in a strategic capacity, the continuity of leadership will undoubtedly aid in maintaining FS Investments' trajectory of growth and excellence in the financial services market.