Current Capital has added two executives to its Advisory Board with the additions of Salvatore Fazzolari and Mary Jane Raymond. Mr. Fazzolari is the former Chairman, President and Chief Executive Officer of Harsco Corporation, a diversified global industrial company serving the worldwide infrastructure, including energy, metals, railways, and construction industries. Ms. Raymond is the Chief Financial Officer of II-VI Incorporated, a provider of engineered materials and opto-electronic components.
“Sal and Mary Jane are more unique additions to our Advisory Board who will help us build on our first private equity investment, Stackpole International, an automotive supplier that we sold late last year creating a very significant return for our investors, and our now nineteen active or completed assignments in our management services business for clients including leading investment firms, financial institutions and global corporations,” said Jonathan Foster, Founder and Managing Director of Current Capital.
The addition of Mr. Fazzolari and Ms. Raymond brings the total number of Current Capital’s Advisory Board members to eighteen. Current Capital’s Advisory Board includes current and former executives who participate in the firm’s private equity investing and management services businesses by helping to source and execute investment and consulting opportunities.
Salvatore Fazzolari is a member of the Board of a number of companies, including RPM International, a provider of specialty coatings, sealants, building products and related services to the industrial and consumer markets. During a 32-year career at Harsco, he served in numerous leadership positions and played an instrumental role in Harsco’s significant growth as a global industrial enterprise. As Chief Executive Officer, he initiated a strategic business transformation founded on globalization, innovation and optimization. Previously, he served as President and Chief Financial Officer, Chief Financial Officer and Treasurer, Vice President and Corporate Controller, and more than ten years in internal audit.
Mary Jane Raymond has over 25 years of experience as a finance professional with major corporations in the services industries. Most recently, she was the Chief Financial Officer of Hudson Global and, previously, she was the Chief Risk Officer and Vice President and Corporate Controller at Dun and Bradstreet. Additionally, she was the Vice President, Merger Integration at Lucent Technologies and held several management assignments at Cummins Engine Company.
Current Capital invests in middle market and smaller companies that are active in the industrial and services industries. The firm is based in New York (www.currentcap.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 5-22-14