The Carlyle Group has added Susan Arnold, former Procter & Gamble President of Global Business Units, as an Operating Executive in the firm’s Global Consumer & Retail group.
As an Operating Executive, Ms. Arnold will provide strategic guidance to Carlyle professionals throughout the investment process, from sourcing to acquisition to exit and she will advise portfolio company executives on management, operational, branding and growth strategies.
“We are pleased to welcome Susan to the Carlyle team following a remarkable 29-year career at Procter & Gamble,” said Sandra Horbach, Carlyle Managing Director and Head of the Global Consumer & Retail group. “Susan’s depth and scope of strategic and operational experience in the consumer space will help us to create value in our existing portfolio and to make new promising investments.”
Ms. Arnold joined Proctor & Gamble in 1980 and retired in 2009. Prior to serving as President of Proctor & Gamble’s $50 billion Global Business Unit, Ms. Arnold held various positions within the firm, including Vice Chairman of Global Beauty Care and Health, and President of Global Personal Beauty and Global Feminine Care. She currently serves on the Board of Directors of Disney and McDonalds. Ms. Arnold earned her bachelor’s degree in psychology from the University of Pennsylvania and her MBA from the University of Pittsburgh.
“I am excited to become part of a firm that is committed to strengthening brands and creating value. Sandra and her team have a track record of success and I am eager to contribute to their efforts,” said Ms. Arnold.
The Consumer & Retail group has led Carlyle’s acquisition of numerous companies, including: Dunkin’ Brands, philosophy, NBTY and CVC. The Carlyle Group invests in buyouts, growth capital, real estate and leveraged finance in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. The Carlyle Group employs 1,400 people in 34 offices across six continents and is based in Washington, DC (www.carlyle.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 8-13-13
