Welsh, Carson Makes Sullivan an Operating Exec

Welsh, Carson, Anderson & Stowe has named Josh Sullivan an operating executive at the firm. Sullivan was most recently an associate principal at McKinsey & Co.

PRESS RELEASE

Welsh, Carson, Anderson & Stowe (the
“Firm”), the largest private equity investor exclusively focused on information/business
services and healthcare, today announced that it has named Josh Sullivan as an Operating
Executive. Mr. Sullivan was most recently an Associate Principal at McKinsey &
Company, where he was responsible for developing and executing operating initiatives
for a diversified set of corporate clients.
Mr. Sullivan will join the WCAS Resources Group, which is currently composed
of approximately twenty-five professionals. Over the last several years, the Firm has been
selectively building out its Resources Group, which assists in implementing operating
improvements across WCAS portfolio companies. The Resources Group is comprised of
professionals with deep operating, industry and functional expertise in areas such as
human resources, pricing, procurement, audit and capital markets.
“Josh brings a strong consulting and operating background to Welsh, Carson,
Anderson & Stowe,” said Paul Queally, Co-President of the Firm. “We are excited that
he is joining our team and believe that our portfolio companies will greatly benefit from
his insights and experience.”
Mr. Sullivan commented, “I am delighted to join Welsh, Carson, Anderson &
Stowe and look forward to generating value for the Firm and its portfolio companies
through operational improvements.”

Mr. Sullivan has twelve years of experience. At McKinsey & Company, Mr.
Sullivan focused on executing multi-year transformational programs focused on building
front-line capabilities. Prior to McKinsey, he held operations and management positions
at Proctor & Gamble and Infosys Technologies. Mr. Sullivan earned a B.S. in Chemical
Engineering from Cornell University and an MBA from New York University.
About Welsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe is one of the largest and most successful
private equity investment firms in the United States. Since its founding in 1979, the Firm
has organized 15 limited partnerships with total capital of $20 billion. Welsh, Carson,
Anderson & Stowe focuses its investment activity in two target industries:
information/business services and healthcare. The Firm is currently investing an equity
fund, Welsh, Carson, Anderson & Stowe XI, L.P., and a dedicated subordinated debt
fund, WCAS Capital Partners IV, L.P. See www.welshcarson.com to learn more.

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