Clayton, Dubilier & Rice Expands European Industrials Team

Jean-Michel Aubertin, Former CEO of CG Power and Doosan Power Systems, Engaged as Operating Advisor

LONDON, Aug. 1, 2018 /PRNewswire/ -- Clayton, Dubilier & Rice today announced the appointment of Jean-Michel Aubertin, former CEO of CG Power and Doosan Power Systems, as an Operating Advisor to CD&R funds.

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Mr. Aubertin has held senior leadership positions at a range of European-based industrial and services businesses. From 2014 - 2017, Mr. Aubertin served as Chief Executive Officer of CG Power, the electrical equipment and systems group. Prior to this he was CEO of Doosan Power Systems, the power engineering firm, from 2010 to 2013. Between 2003 and 2009, Mr. Aubertin was a senior executive of Alstom, the provider of integrated transport systems, equipment and services, first as Senior Vice President of Alstom Power, Global Sales and Marketing, and later as Managing Director of Alstom Energy and Environment Systems Group, a boiler, power and environment control systems business with EUR3 billion sales and 10,000 employees in Asia, the U.S., and Europe. Prior to Alstom, Mr. Aubertin served as President of the Telecommunication Satellites Division of EADS Astrium, having previously occupied a number of leadership positions at Matra Marconi Space.

"We are thrilled that Jean-Michel will be joining us as an advisor," said Dave Novak, CD&R Partner. "He brings a valuable breadth of experience from across the European industrial landscape, where we have been an active investor and we believe there will continue to be meaningful investment opportunities."

Mr. Aubertin will focus primarily on industrial-related investments, from sourcing new transactions to advising portfolio company executives on management, operational and growth strategies.

"I am delighted to be joining a group which has such a strong reputation for operational excellence and for being a strong partner to the companies in which it invests," said Mr. Aubertin. "I look forward to working with the talented CD&R team to profitably grow businesses and make them more valuable."

Mr. Aubertin holds an EMBA from the CPA Toulouse and graduated from the ISAE Supaero School of Aerospace Engineering.

About Clayton, Dubilier & Rice Founded in 1978, Clayton, Dubilier & Rice is a private investment firm. Since inception, CD&R has managed the investment of more than $26 billion in 81 companies with an aggregate transaction value of more than $100 billion. The Firm has offices in New York and London. For more information, visit www.cdr-inc.com [http://www.cdr-inc.com/].

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CONTACT: Dan Jacobs, 212-407-5218, djacobs@cdr-inc.com

Web site: http://www.cdr-inc.com/

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