Skift Power Rankings: Jonathan Gray

Key Points

• Jonathan Gray is the COO of Blackstone and the chairman of Hilton Hotels & Resorts.
• Blackstone's 2007 acquisition of Hilton is regarded as the 'best leveraged buyout ever'.
• Under Gray's leadership, Hilton developed successful in-house brands like Curio and Canopy.

Summary

Jonathan Gray, the chief operating officer of Blackstone, has played a significant role in the travel industry through his influence at Hilton Hotels & Resorts. Blackstone's acquisition of Hilton in 2007, led by Gray, is considered one of the most successful leveraged buyouts. Under Gray's leadership, Hilton focused on building its own brands rather than acquiring new ones, resulting in the creation of successful brands like Curio and Canopy. Gray's experience with Hilton provided him with valuable insights into making bold, potentially high-risk investments.