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walt bettinger joins cdr signaling major moves in private equity landscape
Walt Bettinger has joined Clayton, Dubilier & Rice (CD&R) as a senior advisor just four months after retiring as CEO of Charles Schwab, signaling a significant move in the RIA sector. His extensive experience and market knowledge are expected to bolster CD&R's ambitions in private equity, particularly following their acquisition of Focus Financial. With a strong team already in place, Bettinger's addition is seen as a strategic enhancement to CD&R's financial services operations.
Former Hostess CEO Andrew Callahan Joins Private Equity Firm CD&R
Andrew P. Callahan has been appointed as an operational advisor at Clayton, Dubilier & Rice (CD&R), bringing nearly 30 years of experience in the consumer packaged goods industry. Previously, he served as CEO of Hostess Brands, leading significant growth initiatives that culminated in the company's $5.6 billion acquisition by JM Smucker in 2023. Callahan's extensive background includes leadership roles at Tyson Foods, Hillshire Brands, Sara Lee, and Kraft Foods, alongside academic credentials in Mechanical Engineering and an MBA.
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