FFL Recruits

FFL, a private equity firm focused on investments in mid-market companies, has appointed Jack Scott as operating partner – human capital and David Crussell as operating director. Prior to joining FFL in 2010, Scott spent 20 years as an executive search consultant recruiting senior executives in multiple industries. Most recently, he was a managing partner with Heidrick and Struggles where he ran the San Francisco office. Before joining FFL in 2007, Crussell served as chief operating officer for SumTotal Systems, a provider of enterprise software.

PRESS RELEASE

FFL, a private equity firm focused on investments in middle market companies, today announced that Jack Scott has been named Operating Partner – Human Capital and David Crussell has been named Operating Director. Scott works closely with the firm’s portfolio companies, advising them on all aspects of talent management including recruiting, compensation, succession planning, retention, team building, and performance management. Crussell concentrates primarily on assisting a variety of portfolio companies with operational and technical initiatives, and by taking on interim management roles.

“The insight and experience that Jack and Dave bring to the firm have made significant contributions to FFL’s success in enhancing the operations of our portfolio companies,” said Chairman and Chief Executive Officer, Tully Friedman. “We are pleased to recognize their contributions with these promotions.”

Prior to joining FFL in 2010, Scott spent 20 years as an executive search consultant recruiting senior executives in multiple industries. Most recently, he was a Managing Partner with Heidrick and Struggles where he ran the San Francisco office and managed two of the firm’s top ten client relationships on a global basis. Earlier in his career he was a Partner with Korn/Ferry International in San Francisco, and also worked for Price Waterhouse in New York. Scott earned a Masters in Accounting from Northeastern University and a Bachelor of Arts from Trinity College.

“Many firms talk about human capital, but FFL has made a real commitment to integrating it into our overall investment approach,” said Scott. “I am proud to be a part of the FFL team and to be so deeply involved in the optimization of talent across our portfolio.”

Before joining FFL in 2007, Crussell served as Chief Operating Officer for SumTotal Systems, a provider in enterprise software to enable human capital management within large global corporations, where he was responsible for business growth and profitability and worked directly with larger Fortune 500 companies. Prior to SumTotal, Crussell held general management positions at ADAC Laboratories and engineering leadership roles within GE Medical Systems. He holds a Bachelor of Science in Mathematics with Computer Science from Southampton University.

“FFL distinguished itself early on through a strong focus on operational improvements and being a part of the operating team has been an extremely rewarding experience,” said Crussell. “I look forward to continuing to help our portfolio companies advance operations to support performance and growth.”

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About FFL
FFL is a San Francisco-based private equity firm with approximately $2.5 billion under management that is focused on investing in U.S. middle-market companies. Formed in 1997, FFL’s strategy is to invest in market-leading companies that generate high returns on invested capital and that have strong, defensible competitive positions, attractive growth prospects and outstanding management. Representative investments include: Tempur-Pedic International, Milestone AV Technologies, Korn/Ferry International, and GeoVera Insurance Group.