General Howard Yellen Joins Patriarch Partners

Howard Yellen has joined Patriarch Partners as an executive vice president, and head of a newly-formed Defence and Intragency platform. Yellen is a retired brigadier general and previously was VP of business development for L-3 Communications.

PRESS RELEASE
Patriarch Partners, LLC has announced today that Brigadier General (Retired) Howard W. Yellen will join the company as an Executive Vice President and lead its newly created Defense and Interagency Platform effective July 20, 2009.

General Yellen will provide executive oversight, coordinate strategic initiatives, and exercise selected management control for those Patriarch portfolio companies that possess business opportunities with the Department of Defense and other federal agencies.

“I am thrilled to add General Yellen to our powerful lineup of senior Platform leaders that create tremendous synergies between companies and industries. I have searched long and hard for a leader like Howard to command, combine and create opportunities for our OEM operating companies in the defense and government arena. We are living in difficult times and the added leadership of a great warrior will help inspire us all in the battle to rebuild America,” said Lynn Tilton, CEO of Patriarch Partners.

“I am excited to join the Patriarch Partners team in this new capacity and very enthusiastic about the opportunities and enormous potential this new Platform possesses,” said General Yellen. “I look forward to being a part of a team that will provide value to our DoD and Interagency customers.”

General Yellen was formerly with L-3 Communications where he was the General Manager for Global Military Aircraft Systems and most recently their Vice President for Business Development (Strategic Pursuits).

General Yellen possesses more than 33 years active duty experience with the United States Army where he served in senior leadership positions including Deputy Commanding General for U.S. Army Special Operations Command at Ft. Bragg, North Carolina, Chief of Staff for the U.S. Special Operations Command, and Commander of the 160th Special Operations Aviation Regiment at Ft. Campbell, Kentucky.

General Yellen has a BA in Biology from Temple University, an MA in National Security and Strategic Studies from the United States Naval War College and an MS in Systems Technology from the U.S. Naval Postgraduate School. He also attended the U.S. Army War College and the U.S. Army Command and General Staff College.

About Patriarch Partners
Patriarch Partners is a vertically integrated distressed private equity firm with robust in-house operational turnaround expertise. Founded in 2000, Patriarch has evolved into a global investment firm that concentrates on direct investments in distressed businesses. They manage funds with more than $6 billion of equity and secured-loan assets with equity investments in more than 70 companies, including controlling interests in approximately two-thirds of these.

To learn more about Patriarch Partners, please visit the company’s web site at www.patriarchpartners.com