WSJ News Exclusive | Former Marathon Executive Joins K2 Integrity as Co-CEO

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WSJ News Exclusive | Former Marathon Executive Joins K2 Integrity as Co-CEO
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Marathon President Andrew Rabinowitz is leaving the firm to join risk and compliance adviser K2 Integrity, with a focus on asset management and ESG issues

Marathon Asset Management President Andrew Rabinowitz is leaving the firm to join risk and compliance adviser K2 Integrity Holdings Inc. as co-chief executive officer.Jules Kroll, a former private investigator. He will be tasked with expanding K2’s business lines in areas such as asset management and consulting on environmental, social and governance, or ESG, issues. K2 also provides investigation, cybersecurity, anti-money-laundering and monitoring services to its corporate clients.

“We’re going to be adding new products and new sectors and one of them will clearly be asset management,” said Mr. Rabinowitz, who will officially start in September. The firm is also discussing whether to launch an ESG offering or to overlay ESG services onto the products it currently provides to clients, he said.

Mr. Rabinowitz declined to comment on whether he would take shares in K2 as part of his compensation or whether he would retain shares in Marathon, which manages about $22 billion of assets. “With decades of experience working with institutional investors, industry regulators, and top-tier service providers, Andrew brings a fresh perspective to our incredible team,” Jeremy Kroll said in a statement.

The son of two New York City schoolteachers, Mr. Rabinowitz worked as an accountant and lawyer specializing in hedge funds in the 1990s before joining New York-based Marathon in 2001 as a lawyer, handling corporate issues and litigation from the firm’s

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