CVC Capital Partners has appointed TPG executive Todd Sisitsky and company insider Peter Rutland as co-chief executive officers, the private equity firm announced. The move is part of the firm's leadership succession plan.

Sisitsky joins CVC from TPG, where he served as managing partner. Rutland has been with CVC for over two decades, holding various leadership roles within the firm. The dual appointment aims to ensure a smooth transition and continued growth for CVC, a prominent player in the global private equity market.