Pete Stavros

Pete Stavros is the global co-head of private equity at Kohlberg Kravis Roberts (KKR), where he oversees the firm’s broad-based employee ownership initiatives. He is known for designing and expanding KKR’s broad-based employee ownership model, launched in 2011, which distributes equity to workers at portfolio companies and provides payouts upon a company’s sale.[1]

Stavros grew up near Chicago, IL and later earned an MBA from Harvard Business School.[2]

Career

Stavros joined KKR in 2004 and has held several leadership roles across the firm’s industrial and investment teams. In 2019, he was named global co-head of private equity. Independent reporting has described him as a leading advocate of expanding equity ownership among lower-wage workers in private equity portfolio companies.[3]

In 2022, Stavros helped launch Ownership Works, a nonprofit that partners with corporations and investors to broaden employee equity participation. The organization has been covered as part of a wider trend of expanding worker ownership programs in private equity.[4]

References

  1. ^ Gottfried, Miriam (May 21, 2024). "Blackstone to Grant Equity to Most Employees in Future Buyouts". Wall Street Journal. Retrieved 10 September 2024.
  2. ^ 60 Minutes (2024-05-07). Private equity heavyweight pushing employee ownership | 60 Minutes. Retrieved 2025-08-29 – via YouTube.{{cite AV media}}: CS1 maint: numeric names: authors list (link)
  3. ^ Gottfried, Miriam (2024-05-21). "Exclusive | Blackstone to Grant Equity to Most Employees in Future U.S. Buyouts". The Wall Street Journal. Retrieved 2025-11-30.
  4. ^ "Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit (Published 2024)". 2024-01-28. Retrieved 2025-11-30.
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