David Petraeus hired by Kohlberg Kravis Roberts & Co.
NEW YORK (AP) - Investment firm Kohlberg Kravis Roberts & Co. has appointed retired Army general David Petraeus, who resigned as CIA director last year after an extramarital affair, as chairman of its newly created KKR Global Institute.
Petraeus served as CIA director from September 2011 until last November, when the affair with a biographer triggered his resignation. Before becoming CIA director, Petraeus served more than 37 years in the U.S. Army, where he attained the rank of four-star general.
The New York firm said Thursday the institute will help it focus on the implications of issues that can affect its global investments. Those include public policy, regulatory and technology trends. The institute also will build on KKR's push to help its portfolio companies expand globally.
KKR said Petraeus will support its investment teams when studying new investments, especially in new locations.
Petraeus has a doctorate from Princeton University and has written widely on international relations, military strategy and tactics, and national security issues.