April 10, 2024

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Business is my step

CD&R Provides Former United Systems CFO to Generate Excellence Throughout Portfolio Enterprise Finance Functions

3 min read

Press launch information from PR Newswire. The AP information workers was not concerned in its creation.

NEW YORK, Dec. 15, 2020 /PRNewswire/ — Clayton, Dubilier & Rice nowadays introduced Akhil Johri, former United Systems Corporation (UTC) Chief Monetary Officer, as an Functioning Advisor to CD&R resources.

Mr. Johri labored for extra than 30 decades at UTC, serving as Govt Vice President and Main Economical Officer of UTC from 2015 to 2019 and as Particular Advisor to the Chairman and CEO from 2019 to 2020. He was also Chief Fiscal Officer for Pall Corporation, a publicly traded leader in filtration, separation and purification solutions. He at present serves on the boards of Boeing and Cardinal Overall health.

In his new part, Mr. Johri will function on a vary of initiatives, such as recruiting economical and audit talent to portfolio firm administration teams and boards and leading continuous advancement initiatives in significant areas these types of as economic arranging and investigation. He joins a group of remarkably knowledgeable operating gurus who perform closely with CD&R funds’ portfolio providers to greatly enhance operational success in vital useful regions, including Human Sources/Talent, Engineering, and Supply Chain/Procurement.

“Akhil is hugely respected for his strategic insights, as effectively as his economical techniques,” claimed Nate Sleeper, CD&R’s Main Executive Officer. “The finance leaders at our funds’ portfolio businesses will advantage drastically from his broad world small business qualifications and field perspective as they adapt to the ever-raising levels of competition, reporting expectations, scrutiny, and disruptive systems.”

“CD&R has a effectively-gained status for driving management best procedures and operational excellence in collaboration with its portfolio administration teams,” explained Mr. Johri. “I’m psyched to lead to a higher-integrity partnership focused to creating fantastic expense returns by building more powerful firms.”

Prior to joining Pall Company, Mr. Johri expended 26 several years at UTC in various govt positions of raising obligation, including Vice President of Finance & Chief Economical Officer for UTC Propulsion & Aerospace Devices, which bundled Pratt & Whitney and UTC Aerospace Programs. Just before that, he led UTC’s Investor Relations and Fiscal Scheduling & Evaluation teams. Mr. Johri also experienced senior monetary roles at UTC Hearth & Stability, and Provider Company, such as 12 many years in the Asia Pacific region.

Mr. Johri is a board member and former Chairman of Connecticut Forum, a non-earnings targeted on developing plan sharing community forums that construct bridges throughout the Connecticut community. He is a graduate of the Indian Institute of Administration, Ahmedabad, and is a chartered accountant.

About Clayton, Dubilier & Rice

Founded in 1978, Clayton, Dubilier & Rice is a private investment organization with a strategy predicated on maximizing the value of portfolio firms by supporting lengthy-expression advancement, productiveness, funds effectiveness, and similar strategic actions. Due to the fact inception, CD&R has managed the investment of additional than $30 billion in 95 businesses with an mixture transaction worth of a lot more than $150 billion. The Business has offices in New York and London. For a lot more information and facts, check out www.cdr-inc.com.

See original content material: http://www.prnewswire.com/news-releases/cdr-adds-former-united-systems-cfo-to-drive-excellence-throughout-portfolio-enterprise-finance-features-301192883.html

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