(Reuters) – TPG Private Equity, which is reportedly moving towards a public listing of its shares, announced on Thursday that it has appointed Todd Sisitsky, a longtime executive, as the president. This appointment takes effect immediately.

The company stated that Sisitsky joined TPG in 2003 and will still be involved in TPG’s investments in healthcare. TPG Capital named him its managing partner in 2015. He helped TPG Capital increase its investments in healthcare companies, investing $21 million across 25 businesses.

TPG Capital also promoted Jeff Rhodes (who focuses on TPG Capital’s investments in healthcare and software) to the role of co-managing members.

The company announced that David Trujillo (another partner in the firm) was appointed co-managing associate for TPG Capital’s growth investing arm.

Trujillo has led TPG’s investments in some of the biggest names in the internet and digital media space, including Airbnb Inc, Spotify Technology SA (NYSE:) and Uber Technologies (NYSE:) Inc, the company said.

TPG has made a series of managerial changes as it considers whether to list the company through an initial public sale or merge with a blank check. The firm could be valued at nearly $10 billion, according to the Wall Street Journal https://www.reuters.com/article/us-tpg-ipo-idUSKCN2E62P5.

The company also announced Jon Winkelried, co-chief executive officer of the firm, would be the new CEO. Jim Coulter who led the buyout company was appointed executive chairman.