CD&R (or the “Firm”) today announced the appointment of former Charles Schwab CFO Peter Crawford as an Operating Advisor to CD&R funds. Peter will play an active role in helping the firm identify and evaluate new investments in the financial services sector and will work closely with CD&R’s team and management teams of existing portfolio companies to support their growth.

“We are excited to welcome an industry leader such as Peter as an Operating Advisor,” said David Winokur, Partner at CD&R. “Peter has a strong track record of leadership and innovation in the wealth management and retirement services industries, built up over more than two decades, which we believe will be of great value to our funds  as we seek to expand our investment activities in this space.”

Peter spent the majority of his career at a leading investment services firm, Charles Schwab, having held a number of senior management positions in his 23 years with the company. From 2017 to 2024, Peter was the CFO of Charles Schwab, where he supported the acquisition, integration and conversion of former TD Ameritrade clients to Charles Schwab, which marked the largest integration in the history of the investment brokerage industry. Prior to this, he served as the executive vice president of finance, leading the company’s treasury and controller functions, as well as planning and enterprise finance.

“CD&R has a strong reputation for driving management best practices and pursuing operational excellence in collaboration with its portfolio management teams,” said Peter. “I look forward to working closely with CD&R to help identify and implement meaningful growth opportunities.”

During his tenure, in which Charles Schwab’s client assets surpassed $10 trillion for the first time, Peter held increasing levels of responsibility for a wide range of businesses and product lines, including product management for Schwab Funds, and management of Schwab’s cash products, core client segment offerings, fixed income offering and third-party investment platforms. He also served as chief of staff to Chairman Charles Schwab. Peter joined Charles Schwab in 2001 after serving at McKinsey & Company, where he was an engagement manager in the Washington, D.C., San Francisco, Sao Paulo and Hong Kong offices.

Peter earned a bachelor’s degree from Yale University, where he graduated magna cum laude, and an MBA from the Stanford Graduate School of Business.

About CD&R

Founded in 1978, CD&R is a leading private investment firm with a strategy of generating strong investment returns by building stronger and more sustainable businesses through the combination of skilled investment experience and deep operating capabilities. In partnership with the management teams of its portfolio companies, CD&R takes a long-term view of value creation and emphasizes positive stewardship and impact. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by its partners and has offices in New York and London. For more information, please visit www.cdr.com and follow the firm's activities through LinkedIn and @CDRBuilds on X/Twitter.