Bill Galvin Joins CD&R as Operating Advisor in the Industrials Sector
People | Nov 11, 2024 | Clayton, Dubilier & Rice, Inc.
Clayton, Dubilier & Rice (CD&R), a prominent private investment firm, has appointed Bill Galvin, a seasoned leader in the industrial distribution sector, as an Operating Advisor to assist their investment activities. With a career spanning 36 years at Anixter International, where he served as President and CEO, Galvin demonstrated exceptional growth strategies and operational transformations. His tenure witnessed the company achieving $8.8 billion in revenue and expanding its global workforce to 9,400. At CD&R, Galvin is expected to play a pivotal role in sourcing and executing new investments in the industrials sector, leveraging his extensive experience in driving growth, sustainability, and strategic acquisitions. CD&R's CEO, Nate Sleeper, expressed confidence in Galvin's contributions to their funds' investment activities. Galvin expressed enthusiasm about contributing to CD&R's sustainable business growth and strengthening their portfolio companies. CD&R is known for its long-term strategic investments across industries, working alongside management teams to create sustainable and robust businesses.
Sectors
- Private Equity
- Industrials
Geography
- United States – CD&R is based in New York, and Bill Galvin has spent his career in the U.S., with significant achievements at Anixter International.
- United Kingdom – CD&R has an office in London, indicating a geographical reach beyond the United States.
Industry
- Private Equity – CD&R is a private investment firm engaging in strategic investments, primarily in the industrials sector.
- Industrials – Bill Galvin's appointment as Operating Advisor is focused on industrial investments, reflecting CD&R's commitment to this sector.
Financials
- $8.8 billion – Revenue achieved by Anixter International under Bill Galvin's leadership in 2019.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bill Galvin | Operating Advisor | People | A 36-year industry veteran and former CEO of Anixter International, now serving as an Operating Advisor at CD&R. |
| Clayton, Dubilier & Rice, Inc. | Private Equity Firm | Companies | A leading private investment firm with diverse industry investments, including industrials, healthcare, technology, and more. |
| Anixter International | Former Employer | Companies | A global distributor of network and security, electrical and electronic, and utility power solutions, where Galvin was CEO. |
| WESCO International Inc. | Acquirer | Companies | Former CD&R portfolio company that acquired Anixter International. |
| Nate Sleeper | CEO of CD&R | People | Chief Executive Officer of Clayton, Dubilier & Rice, overseeing firm strategies. |
| Integrated Power Services | Board Member Company | Companies | A company where Bill Galvin serves as a director. |
| Maclean Power Systems | Board Member Company | Companies | A company where Bill Galvin serves as a director. |
| Cristo Rey St. Martin College Prep School | Director and Governance Chair | Charity | Educational institution where Bill Galvin serves in governance. |