Clayton, Dubilier & Rice Expands Partner Ranks with Promotions of Next Generation Investment Talent
January 06, 2017
Following an active period over the past 24 months, which included nine new platform investments and a series of experienced operating executive additions, Clayton, Dubilier & Rice announced the appointment of four new partners with average tenure at the Firm of more than a decade.
The new Partners, Sarah Kim, Stephen W. Shapiro, Derek L. Strum and J.L. Zrebiec, have each distinguished themselves in sourcing new investments, leading transactions and managing new investments in CD&R's four core industry verticals – consumer/retail, healthcare, industrials, and services.
"Sarah, Stephen, Derek, and J.L. each have made extraordinary contributions to the Firm over the past ten years and played key roles in some of our most successful investments," said Donald J. Gogel, President and Chief Executive Officer of CD&R. "Not only have they demonstrated the capabilities and commitment required to be a Partner of the Firm, but also, importantly, embody the values that inform all of our commercial dealings and which we believe make CD&R's culture so distinctive."
Ms. Kim joined CD&R in 2008 and has been integral to a number of the Firm's investments, including Diversey, HD Supply, ServiceMaster, David's Bridal and Vets First Choice. Today she focuses on Healthcare investments and serves on the board of Vets First Choice. Ms. Kim earned a B.A. from Yale University, a J.D. from Harvard Law School and an M.B.A. from Harvard Business School.
Mr. Shapiro joined CD&R in 2002 and today focuses on investments in the Services sector. His CD&R transaction experience includes investments in Kinko's, ServiceMaster, Solenis, Tranzact, TruGreen, and Univar. Mr. Shapiro currently serves as a director of Solenis, Tranzact, TruGreen and Univar. He earned a B.S. from Duke University and an M.B.A. from Stanford University.
Mr. Strum joined CD&R in 2003 and specializes in Healthcare investments. Transactions in which Mr. Strum has played leadership roles include agilon health, AssuraMed, Drive DeVilbiss Healthcare, Envision Healthcare, Healogics, PharMEDium, and VWR International. Mr. Strum currently serves as a director of agilon health, Drive DeVilbiss Healthcare, and Healogics. He earned a B.A. from Emory University and an M.B.A from Columbia Business School.
Mr. Zrebiec joined CD&R in 2004 and has devoted his efforts to investments in the Industrials area, including Atkore, Brand Energy and Infrastructure Services, Hussmann, NCI Building Systems, Roofing Supply Group, and Wilsonart. He also was involved with the Firm's Hertz investment. Mr. Zrebiec currently serves as a director of Atkore, Brand, NCI Building Systems and Wilsonart. He earned a B.S. from the University of Pennsylvania and an M.B.A. from Columbia Business School.
The Firm has also expanded its operating talent. In early 2016, CD&R named Russ Fradin, former CEO of SunGard Data Systems, Aon Hewitt and BISYS Group, an Operating Partner. In addition, CD&R supplemented its global Operating Advisor network with the engagement of Helge Lund, former CEO of BG Group and Statoil; Jim McNerney, Jr., former Chairman and CEO of The Boeing Company; Nitin Sahney, former Chairman and CEO of Omnicare; and David Scheible, former President and CEO of Graphic Packaging International, as advisors to the CD&R funds.
About Clayton, Dubilier & Rice
Founded in 1978, Clayton, Dubilier & Rice is a private investment firm with an investment strategy predicated on producing financial returns through building stronger, more profitable businesses. Since inception, CD&R has managed the investment of $22 billion in 72 companies, representing a broad range of industries with an aggregate transaction value in excess of $100 billion. The Firm has offices in New York and London. For more information, visit www.cdr-inc.com.
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