NEW YORK, Dec. 15, 2020 /PRNewswire/ — Clayton, Dubilier & Rice right now declared Akhil Johri, previous United Systems Corporation (UTC) Main Fiscal Officer, as an Running Advisor to CD&R resources.
Mr. Johri labored for extra than 30 several years at UTC, serving as Government Vice President and Main Financial Officer of UTC from 2015 to 2019 and as Special Advisor to the Chairman and CEO from 2019 to 2020. He was also Chief Economical Officer for Pall Corporation, a publicly traded leader in filtration, separation and purification remedies. He now serves on the boards of Boeing and Cardinal Overall health.
In his new part, Mr. Johri will do the job on a assortment of initiatives, which includes recruiting financial and audit talent to portfolio enterprise administration teams and boards and primary ongoing enhancement initiatives in significant parts these types of as financial preparing and investigation. He joins a group of highly expert working pros who get the job done carefully with CD&R funds’ portfolio businesses to increase operational success in crucial practical spots, such as Human Resources/Talent, Technological innovation, and Supply Chain/Procurement.
“Akhil is very respected for his strategic insights, as effectively as his fiscal techniques,” mentioned Nate Sleeper, CD&R’s Main Executive Officer. “The finance leaders at our funds’ portfolio enterprises will profit enormously from his wide world wide organization history and industry point of view as they adapt to the ever-raising opposition, reporting expectations, scrutiny, and disruptive systems.”
“CD&R has a effectively-acquired standing for driving management finest practices and operational excellence in collaboration with its portfolio administration teams,” explained Mr. Johri. “I’m thrilled to add to a high-integrity partnership dedicated to building excellent investment returns by building more powerful corporations.”
Prior to becoming a member of Pall Company, Mr. Johri spent 26 several years at UTC in various govt positions of escalating responsibility, which includes Vice President of Finance & Main Economical Officer for UTC Propulsion & Aerospace Techniques, which incorporated Pratt & Whitney and UTC Aerospace Methods. Before that, he led UTC’s Investor Relations and Money Setting up & Analysis teams. Mr. Johri also had senior money roles at UTC Fireplace & Stability, and Provider Company, which includes 12 yrs in the Asia Pacific location.
Mr. Johri is a board member and former Chairman of Connecticut Discussion board, a non-financial gain focused on acquiring concept sharing discussion boards that construct bridges throughout the Connecticut local community. He is a graduate of the Indian Institute of Management, Ahmedabad, and is a chartered accountant.
About Clayton, Dubilier & Rice
Launched in 1978, Clayton, Dubilier & Rice is a personal expense agency with a approach predicated on improving the worth of portfolio enterprises by supporting long-term advancement, efficiency, capital efficiency, and linked strategic steps. Given that inception, CD&R has managed the expense of extra than $30 billion in 95 providers with an combination transaction value of extra than $150 billion. The Firm has offices in New York and London. For extra information and facts, stop by www.cdr-inc.com.
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