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Bob Wright to Advise Tom Lee

Bob Wright, vice chairman of General Electric, has agreed to serve as a senior advisor to Lee Equity Partners.

 

PRESS RELEASE

 

Lee Equity Partners, LLC today announced that Robert C. Wright, Vice Chairman and Director of the General Electric Company, has agreed to serve the firm in the role of Senior Advisor to Lee Equity Partners.

 

Mr. Wright served previously as president and chief executive officer of General Electric Financial Services, as chairman, president and chief executive officer of National Broadcasting Company, Inc. and as chairman and CEO of NBC Universal, Inc. Mr. Wright is also the Chairman and Co-Founder of Autism Speaks, a national organization dedicated to finding the cause and cure of autism.

Mr. Wright joins the sixteen professionals of Lee Equity Partners, which include Thomas H. Lee, Mark K. Gormley, David J. Morrison, Yoo Jin Kim, and Benjamin A. Hochberg, Senior Advisor, Allen Questrom, and Chief Financial Officer, Joseph B. Rotberg.

 

Thomas H. Lee, president and chief executive officer of Lee Equity Partners said, “Bob is a visionary in both the financial services and media and broadcasting sectors and brings a wealth of knowledge and experience to Lee Equity Partners. I am so pleased that he is joining us.”

 

Mr. Wright stated, “I am grateful for the opportunities that General Electric Company has afforded me and am proud of my years of service and leadership there. I look forward to achieving equally great things with Tom Lee and his talented group of partners at Lee Equity.”

 

Lee Equity Partners, LLC makes private equity investments in growth oriented, mid and upper mid cap companies located primarily in the United States. Lee Equity's target market includes companies with enterprise values of between $500 million and $3 billion. Lee Equity seeks to invest in businesses with sustainable competitive positions, sufficient scale to attract high quality management and the ability to demonstrate continued growth. Lee Equity is a generalist firm whose professionals have significant expertise in a number of industries, including Financial, Healthcare and Business Services, Retail and Consumer Products and Media.