Bettinger Joins CD&R as Senior Advisor
Investor - People | Mar 31, 2025 | Clayton, Dubilier & Rice, Inc.
Clayton, Dubilier & Rice, Inc. (CD&R) announced the appointment of Walt Bettinger as Senior Advisor, enhancing their focus on financial and technology services. Bettinger, who has a significant track record as the former CEO of The Charles Schwab Corporation, is expected to lend his experience to CD&R's managed funds, particularly in financial services and technology sectors. His appointment is anticipated to drive strategic and value creation initiatives, assisting in evaluating investment opportunities. Bettinger's impressive tenure at Schwab, which witnessed expansion in market capitalization and client assets, underscores his industry influence. His new role at CD&R aligns with the firm's strategy of combining operating expertise with financial resources to foster robust business growth across various industries.
Sectors
- Private Equity
- Financial Services
- Technology Services
Geography
- United States – CD&R and The Charles Schwab Corporation primarily operate within the United States, making it a significant geography for the article.
Industry
- Private Equity – CD&R is a private equity firm that focuses on investing in diverse industries including financial services and technology.
- Financial Services – Walt Bettinger's background at Charles Schwab and the focus on advising CD&R's financial sector investments underline the financial services relevance.
- Technology Services – Bettinger's advisory role will also cover technology industries, reflecting CD&R's interest in technology services.
Financials
- N/A – The article does not specify a financial transaction or deal value related to the appointment of Walt Bettinger.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clayton, Dubilier & Rice, Inc. | Appointing Company | Company | A private equity firm focusing on building sustainable businesses across diverse industries. |
| Walt Bettinger | Senior Advisor | Person | Former CEO of Charles Schwab, appointed as Senior Advisor at CD&R. |
| The Charles Schwab Corporation | Former Employer | Company | A leading publicly traded investment services company where Bettinger previously served as CEO. |
| David Winokur | Partner at CD&R | Person | Quoted in the article, praising Walt Bettinger's appointment at CD&R. |