Tony Florence and Mohamad Makhzoumi Named Co-CEOs of NEA; Scott Sandell Assumes Role of Executive Chairman & CIO

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--New Enterprise Associates, Inc. (NEA) announced today that longtime partners Tony Florence and Mohamad Makhzoumi have been named Co-CEOs of the 47-year-old firm, recognizing the growing leadership roles each has played over the last decade-plus and reflecting NEA’s enduring focus on both organizational continuity and continuous evolution over multiple generations. In conjunction with their appointments, Scott Sandell will assume the full-time role