CD&R Provides Previous United Technologies CFO to Generate Excellence Across Portfolio Corporation Finance Capabilities
3 min readNEW YORK, Dec. 15, 2020 /PRNewswire/ — Clayton, Dubilier & Rice currently announced Akhil Johri, previous United Systems Company (UTC) Main Economic Officer, as an Working Advisor to CD&R resources.
Mr. Johri labored for far more than 30 many years at UTC, serving as Executive Vice President and Chief Financial Officer of UTC from 2015 to 2019 and as Particular Advisor to the Chairman and CEO from 2019 to 2020. He was also Chief Monetary Officer for Pall Corporation, a publicly traded chief in filtration, separation and purification methods. He at the moment serves on the boards of Boeing and Cardinal Well being.
In his new job, Mr. Johri will perform on a assortment of initiatives, which include recruiting economical and audit talent to portfolio company administration groups and boards and main constant enhancement initiatives in vital spots this kind of as economical setting up and analysis. He joins a group of hugely experienced functioning experts who work intently with CD&R funds’ portfolio corporations to improve operational usefulness in vital practical locations, together with Human Means/Expertise, Engineering, and Provide Chain/Procurement.
“Akhil is extremely revered for his strategic insights, as perfectly as his economical techniques,” explained Nate Sleeper, CD&R’s Main Government Officer. “The finance leaders at our funds’ portfolio enterprises will gain greatly from his broad world wide small business track record and market perspective as they adapt to the ever-increasing competitiveness, reporting anticipations, scrutiny, and disruptive systems.”
“CD&R has a well-acquired standing for driving administration very best techniques and operational excellence in collaboration with its portfolio administration groups,” stated Mr. Johri. “I am psyched to lead to a significant-integrity partnership devoted to producing extraordinary financial investment returns by constructing more robust corporations.”
Prior to becoming a member of Pall Company, Mr. Johri expended 26 yrs at UTC in several executive positions of rising obligation, which include Vice President of Finance & Main Financial Officer for UTC Propulsion & Aerospace Programs, which provided Pratt & Whitney and UTC Aerospace Programs. Right before that, he led UTC’s Trader Relations and Economic Preparing & Evaluation teams. Mr. Johri also had senior monetary roles at UTC Fire & Protection, and Provider Corporation, like 12 several years in the Asia Pacific region.
Mr. Johri is a board member and previous Chairman of Connecticut Discussion board, a non-financial gain concentrated on building strategy sharing boards that construct bridges across the Connecticut neighborhood. He is a graduate of the Indian Institute of Administration, Ahmedabad, and is a chartered accountant.
About Clayton, Dubilier & Rice
Started in 1978, Clayton, Dubilier & Rice is a non-public financial commitment firm with a strategy predicated on boosting the value of portfolio enterprises by supporting very long-term growth, productivity, capital effectiveness, and related strategic measures. Considering that inception, CD&R has managed the investment decision of a lot more than $30 billion in 95 businesses with an aggregate transaction worth of a lot more than $150 billion. The Organization has workplaces in New York and London. For a lot more information and facts, go to www.cdr-inc.com.
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