Clayton, Dubilier & Rice has promoted Kenneth Giuriceo and George Jaquette to partner. Both men worked at Goldman Sachs before joining CD&R in 2003 and 1999, respectively.
Clayton, Dubilier & Rice, Inc. announced today that Kenneth A. Giuriceo and George K. Jaquette have been named Partners. Messrs. Giuriceo and Jaquette are actively involved in sourcing and evaluating new investments, as well as working with portfolio company management teams on post-acquisition value building strategies and execution.
Mr. Giuriceo joined CD&R in 2003 from Goldman, Sachs & Co. He played a key role in recent CD&R led transactions, including Sally Beauty, acquired in November 2006 in a deal valued at approximately $3 billion, and ServiceMaster, acquired in July 2007 in a $5.7 billion deal. Mr. Giuriceo serves on the Board of Directors of ServiceMaster. He earned a B.S. from Boston College and an M.B.A. from Harvard Business School.
Mr. Jaquette joined CD&R as an Associate in 1999 from Goldman, Sachs & Co. He returned to CD&R in 2003 as a Principal after earning an M.B.A. from Harvard Business School. Mr. Jaquette was actively involved in the Firm's successful investment in VWR International, a leading distributor of scientific supplies, which was sold in June of 2007. Mr. Jaquette served on the VWR Board of Directors. He earned a B.S. from Bucknell University.
“Both Ken and George have made important contributions to our performance over the past several years while embodying the Firm's core values,” said Donald J. Gogel, President and Chief Executive Officer of CD&R. “As we build for continued growth and success, we are delighted to recognize the accomplishments of these two talented investment professionals.”
About Clayton, Dubilier & Rice
With 30 years of history, Clayton, Dubilier & Rice, Inc. is one of the most experienced and respected private equity firms. The Firm's focused investment strategy is predicated on producing superior financial returns through building stronger, more profitable businesses. Approximately 90 percent of the Firm's historical returns have resulted directly from business improvements, as measured by earnings growth. CD&R's portfolio investments include large market leading companies such as Rexel Group (RXL.PA), Hertz Global Holdings, Inc. (NYSE: HTZ), Sally Beauty Holdings, Inc. (NYSE: SBH), HD Supply and The ServiceMaster Company. The firm is based in New York and London. www.cdr-inc.com.