It was announced this week that Ursula Burns has been instated as executive-in-residence at LionTree LLC.
PE HUB revealed that the global investment and merchant banking firm, which specialises in media, technology and communications, has announced that Xerox’s former CEO, Ursula Burns, will be joining its Executive-in-Residence (EIR) Program.
LionTree LLC was founded in 2012, and has offices in New York, San Francisco, London and Paris, through which it provides clients with a range of services including “tailored ideas, actionable opportunities and resources that drive results.” Since it first launched, the firm has advised on over $350 billion of transactions and has its own podcast, KindredCast, which brings “news and analysis from the industry insiders and experts to a larger audience.”
Ursula Burns, who will appear on an upcoming episode of KindredCast, has an illustrious career under her belt, becoming the first African American woman to serve as CEO of a Fortune 500 company when she took the helm at Xerox. During her time at Xerox, Burns “cultivated a wealth of contacts and relationships in the technology industry, and developed a unique perspective” that will assist LionTree LLC’s clients in identifying “potential partners” and evaluating and executing “strategic initiatives.” She was also appointed by Barack Obama in 2009 to assisting in leading the White House national program on STEM and “currently serves as a board director of several companies, including the American Express Corporation, Exxon Mobile, Nestle S.A.,” and others.
“I’m thrilled to welcome Ursula to our Executive in Residence team at LionTree. She brings with her immense industry knowledge and global perspectives which we find valuable in the evolving TMT and geopolitical landscape,” said Aryeh B. Bourkoff, Founder and CEO of LionTree.
“I am very excited to be joining LionTree and the innovative team that has been involved in some of the largest media, technology and telecommunications transactions of the last five years,” said Ms. Burns. “I look forward to working with my colleagues to help our clients identify opportunities for growth.”
Now that it has taken on Ms. Burns, LionTree’s EIR program consists of seven executives and industry leaders “that complement the firm’s core business with sector expertise, relationships and market insights in emerging areas and important geographies.”