More News:

Paul S. Pressler, Veteran Consumer Products Operating Executive, Assumes Advisory Role with Clayton, Dubilier & Rice

Tuesday, July 14, 2009
New York/London

Clayton, Dubilier & Rice today announced that seasoned consumer products, leisure and retail executive, Paul S. Pressler, has joined the Firm as an advisor.

Mr. Pressler has extensive operating and consumer marketing experience in leading some of the best known brands around the world. He served as president and chief executive officer of Gap Inc. (NYSE:GPS), a $16 billion global specialty retailer, from 2002-2007. Previously, Mr. Pressler spent 15 years with The Walt Disney Company (NYSE:DIS). Most recently, he was chairman of the company’s global theme park and resorts division. Mr. Pressler previously served as president of Disneyland and president of The Disney Stores.

Mr. Pressler serves on the board of directors of Avon Products, Inc. (NYSE: AVP) where he is chairman of the Finance Committee and member of the Audit Committee. He is also a director of OpenTable, Inc. (NASDAQ: OPEN) and Overture Acquisition Corporation (NYSE-NLX).

CD&R’s full-time operating partners and advisors have held senior leadership positions in major global corporations across a range of industries. Members of CD&R’s advisor group work actively with the Firm on sourcing and evaluating new transactions, as well as providing strategic insights related to CD&R portfolio company matters.