April 19, 2024

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CD&R Provides Former United Technologies CFO to Push Excellence Throughout Portfolio Business Finance Functions

NEW YORK, Dec. 15, 2020 /PRNewswire/ — Clayton, Dubilier & Rice nowadays declared Akhil Johri, former United Technologies Company (UTC) Chief Fiscal Officer, as an Running Advisor to CD&R funds. 

Mr. Johri labored for a lot more than 30 decades at UTC, serving as Executive Vice President and Main Economical Officer of UTC from 2015 to 2019 and as Special Advisor to the Chairman and CEO from 2019 to 2020.  He was also Main 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 job, Mr. Johri will perform on a array of initiatives, such as recruiting fiscal and audit expertise to portfolio corporation administration teams and boards and foremost constant enhancement initiatives in crucial locations these types of as financial organizing and investigation. He joins a team of very professional functioning experts who function carefully with CD&R funds’ portfolio firms to improve operational usefulness in key useful spots, such as Human Sources/Expertise, Technological innovation, and Offer Chain/Procurement. 

“Akhil is really highly regarded for his strategic insights, as very well as his economical abilities,” said Nate Sleeper, CD&R’s Main Executive Officer. “The finance leaders at our funds’ portfolio enterprises will benefit considerably from his wide global enterprise qualifications and sector standpoint as they adapt to the at any time-growing competition, reporting anticipations, scrutiny, and disruptive systems.”

“CD&R has a effectively-acquired reputation for driving management greatest methods and operational excellence in collaboration with its portfolio management teams,” mentioned Mr. Johri. “I am enthusiastic to contribute to a significant-integrity partnership devoted to building exceptional expenditure returns by building more robust firms.” &#13

Prior to signing up for Pall Company, Mr. Johri spent 26 decades at UTC in a variety of govt positions of increasing obligation, like Vice President of Finance & Chief Economic Officer for UTC Propulsion & Aerospace Systems, which included Pratt & Whitney and UTC Aerospace Techniques. Ahead of that, he led UTC’s Trader Relations and Fiscal Setting up & Investigation groups.  Mr. Johri also experienced senior fiscal roles at UTC Hearth & Stability, and Carrier Corporation, together with 12 decades in the Asia Pacific area.

Mr. Johri is a board member and previous Chairman of Connecticut Forum, a non-income centered on producing notion sharing forums that make bridges across the Connecticut local 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 non-public expenditure organization with a approach predicated on enhancing the worth of portfolio organizations by supporting extended-phrase development, productiveness, funds performance, and associated strategic measures. Since inception, CD&R has managed the investment decision of a lot more than $30 billion in 95 businesses with an aggregate transaction value of more than $150 billion. The Company has workplaces in New York and London. For additional data, check out www.cdr-inc.com. 

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Resource Clayton, Dubilier & Rice