Clayton, Dubilier & Rice announced Gordon Smith, former Co-President and Chief Operating Officer of JPMorgan Chase & Co., as an Operating Advisor to CD&R funds. Mr. Smith will work with CD&R's financial services team to help source new investments and advise the funds' businesses.
Mr. Smith brings nearly 40 years of experience in financial services. As the former Co-President and Chief Operating Officer of JPMorgan Chase, he reported to Chairman and CEO Jamie Dimon and was a member of the firm's Operating Committee. In this role, Mr. Smith helped oversee all aspects of the company’s business and operating issues before retiring in January of 2022. For much of his tenure, Smith acted as CEO of Consumer & Community Banking, a leading provider of banking, credit cards, auto finance, payments, mortgages, and investment advice.
“Gordon’s broad experience and network will help expand the scope of opportunities for the CD&R funds and provide portfolio companies with enhanced expertise,” said CD&R Co-President Rick Schnall.
“I am excited to work with a firm that shares my longstanding professional interest of driving better, faster and more efficient businesses for consumers,” said Mr. Smith. “CD&R’s reputation for working with partners to drive operational improvements at businesses and collaborating to improve talent, digital solutions, and customer offerings makes this role an ideal fit for me.”
Prior to his time at JPMorgan Chase & Co., Mr. Smith spent more than 25 years at American Express, where he led and managed several businesses, including the Global Commercial Card Business. He serves on the Board of Directors of Choice Hotels International.
Mr. Smith holds a master’s degree from the Thunderbird School of Global Management.
About Clayton, Dubilier & Rice
Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses across a broad range of industries, including Industrials, Healthcare, Consumer, Technology and Financial Services. Since its inception in 1978, CD&R has managed the investment of more than $40 billion in over 100 companies with an aggregate transaction value of more than $175 billion. For more information on CD&R, please visit www.cdr-inc.com and follow the Firm’s activities through LinkedIn and @CDRBuilds on Twitter.