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Home / Companies / News /  Carlyle CEO's early contract proposal was met with silence from firm's board

As Kewsong Lee’s five-year contract was drawing to a close, advisers to Carlyle Group Inc.’s CEO worked with representatives of the buyout firm to prepare an initial proposal for a new deal. Submitted this past spring, the contract proposal never got a response from Carlyle’s board, according to people familiar with the matter.

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