Andy Callahan Joins CD&R as Operating Advisor
People | Dec 03, 2024 | Clayton, Dubilier & Rice, Inc.

Clayton, Dubilier & Rice (CD&R), a leading private investment firm, has announced the appointment of Andy Callahan as an Operating Advisor to CD&R funds. Andy Callahan, who brings nearly three decades of leadership experience in the consumer packaged goods industry from high-profile companies like Hostess Brands, Tyson Foods, The Hillshire Brands Company, Sara Lee Corporation, and Kraft Foods, will support the firm's investment activities. Callahan most recently served as President, CEO, and Executive Director at Hostess Brands, where he led transformative initiatives resulting in significant growth. His tenure culminated in the $5.6 billion acquisition of Hostess Brands by J.M. Smucker. At CD&R, Callahan will leverage his strategic leadership and brand expertise to add value to the firm’s consumer business portfolio. Prior to Hostess Brands, he held senior roles at Tyson Foods and was part of the teams that led Hillshire Brands' IPO and its acquisition by Tyson Foods for $8.4 billion. Callahan's military and engineering background, coupled with his MBA, further enriches his business acumen. CD&R, known for its robust investment strategy across diverse industries, sees Callahan’s addition as aligned with their long-term value-creation goals.
Sectors
- Private Equity
- Consumer Packaged Goods (CPG)
Geography
- United States – Andy Callahan's career and CD&R's operations are primarily focused in the United States.
Industry
- Private Equity – CD&R is a private equity firm, indicating the article's relevance to the Private Equity sector.
- Consumer Packaged Goods (CPG) – Andy Callahan's experience in the consumer packaged goods industry is central to the article, with references to his roles in companies like Hostess Brands and Tyson Foods.
Financials
- $5.6 billion – The acquisition value of Hostess Brands by J.M. Smucker in 2023.
- $8.4 billion – The acquisition value of Hillshire Brands by Tyson Foods.
Participants
Name | Role | Type | Description |
---|---|---|---|
Clayton, Dubilier & Rice (CD&R) | Private Equity Firm | Company | A leading private investment firm with operations in various industries, including consumer goods. |
Andy Callahan | Operating Advisor | Person | Former CEO of Hostess Brands, appointed as Operating Advisor for CD&R funds. |
Hostess Brands | Former Employer of Andy Callahan | Company | A premier snacking company previously led by Andy Callahan. |
J.M. Smucker | Acquirer of Hostess Brands | Company | Company that acquired Hostess Brands in 2023. |
Tyson Foods | Former Employer of Andy Callahan | Company | A major multinational corporation in the food industry, where Callahan held senior roles. |
The Hillshire Brands Company | Former Employer of Andy Callahan | Company | A company involved in Callahan's professional history, integrated into Tyson Foods. |