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CD&R Provides Previous United Technologies CFO to Push Excellence Throughout Portfolio Business Finance Features

Press launch content from PR Newswire. The AP news personnel was not involved in its creation.

NEW YORK, Dec. 15, 2020 /PRNewswire/ — Clayton, Dubilier & Rice right now introduced Akhil Johri, previous United Systems Company (UTC) Chief Fiscal Officer, as an Working Advisor to CD&R money.

Mr. Johri worked for more than 30 several years at UTC, serving as Govt Vice President and Chief Fiscal Officer of UTC from 2015 to 2019 and as Exclusive Advisor to the Chairman and CEO from 2019 to 2020. He was also Chief Fiscal Officer for Pall Corporation, a publicly traded chief in filtration, separation and purification methods. He now serves on the boards of Boeing and Cardinal Wellbeing.

In his new role, Mr. Johri will perform on a selection of initiatives, such as recruiting financial and audit expertise to portfolio firm administration groups and boards and leading steady improvement initiatives in vital parts these types of as money planning and assessment. He joins a team of extremely experienced running pros who perform intently with CD&R funds’ portfolio organizations to improve operational effectiveness in important useful regions, which includes Human Methods/Expertise, Technology, and Source Chain/Procurement.

“Akhil is really revered for his strategic insights, as properly as his economic capabilities,” reported Nate Sleeper, CD&R’s Main Govt Officer. “The finance leaders at our funds’ portfolio firms will profit significantly from his wide international organization background and market point of view as they adapt to the at any time-escalating competition, reporting anticipations, scrutiny, and disruptive systems.”

“CD&R has a perfectly-gained name for driving administration ideal techniques and operational excellence in collaboration with its portfolio management teams,” reported Mr. Johri. “I’m energized to contribute to a substantial-integrity partnership committed to creating fantastic financial investment returns by making stronger companies.”

Prior to joining Pall Company, Mr. Johri used 26 several years at UTC in several government positions of expanding accountability, including Vice President of Finance & Main Economic Officer for UTC Propulsion & Aerospace Methods, which integrated Pratt & Whitney and UTC Aerospace Programs. Before that, he led UTC’s Trader Relations and Financial Scheduling & Analysis teams. Mr. Johri also had senior financial roles at UTC Fireplace & Safety, and Carrier Company, including 12 several years in the Asia Pacific location.

Mr. Johri is a board member and former Chairman of Connecticut Forum, a non-revenue focused on creating strategy sharing boards that build bridges across the Connecticut group. He is a graduate of the Indian Institute of Management, Ahmedabad, and is a chartered accountant.

About Clayton, Dubilier & Rice

Started in 1978, Clayton, Dubilier & Rice is a non-public investment decision business with a tactic predicated on maximizing the value of portfolio firms by supporting long-time period growth, productiveness, funds effectiveness, and similar strategic actions. Due to the fact inception, CD&R has managed the financial commitment of a lot more than $30 billion in 95 firms with an aggregate transaction benefit of more than $150 billion. The Agency has places of work in New York and London. For extra info, stop by www.cdr-inc.com.

Look at authentic material: http://www.prnewswire.com/news-releases/cdr-provides-former-united-technologies-cfo-to-travel-excellence-throughout-portfolio-organization-finance-functions-301192883.html

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