StepStone Group Inc., a global private markets investment firm focused on providing customized investment solutions and advisory and data services, announced that David Y. Park has been appointed Chief Financial Officer (CFO), effective January 1, 2024. Park will be succeeding Johnny Randel, who has served as CFO since 2010, and is retiring at the end of the calendar year.
“I would like to thank Johnny for more than a decade of leadership, dedication, and strategic vision to StepStone,” said Monte Brem, StepStone’s Chairperson of the Board. “Johnny has helped lead StepStone for nearly 14 years. He steered the company through an evolution that broadened our reach across the globe, expanded our solutions into all major private market asset classes, and transformed StepStone into a public company. He has constructed a world-class finance function and built a deep and talented team. We congratulate Johnny on a tremendous career and wish him all the best in retirement.”
“We are thrilled to announce that David Park, our current Chief Accounting Officer, will become CFO in the new year,” added Scott Hart, StepStone’s Chief Executive Officer. “David joined StepStone in 2019 after an already accomplished 25-year career in public accounting and senior-level roles in both public and private companies, including alternative asset management. Together with Johnny, David helped guide StepStone through our initial public offering in September 2020, and is a key leader of our finance team. We look forward to David helping lead StepStone through our continued growth.”
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