For Immediate Release
New York, NY. February 11, 2008 – Oak Hill Capital Partners announced today that it has named David A. Jones as a Senior Advisor to the firm. Mr. Jones was formerly the Chairman and Chief Executive Officer of Spectrum Brands, Inc., a global consumer products company with operations in 120 countries worldwide. Mr. Jones will consult across Oak Hill’s private equity portfolio and will work closely with the firm’s Consumer, Retail & Distribution industry group.
Mr. Jones has over 35 years experience in senior leadership roles at several leading public and private global consumer products companies, including Spectrum Brands, Rayovac, Thermoscan, Regina, Electrolux, Sara Lee, and General Electric. In addition, Mr. Jones has extensive board experience with many consumer and industrial companies and currently serves on the boards of Pentair Corp. and Simmons Co.
“We are delighted to welcome David to the team of operating professionals working closely with Oak Hill’s portfolio companies. We believe his extensive experience building and operating global consumer products companies makes him an ideal addition to our team. We look forward to benefiting from his strategic perspective, industry relationships, and operating expertise,” said Tyler Wolfram, a Partner at Oak Hill Capital.
Mr. Jones commented, “Oak Hill has a strong franchise and record of successful private equity investing for over 20 years. I am very attracted to Oak Hill’s disciplined, thematic approach to investing and its strong focus on both consumer and retail markets. I look forward to working closely with Oak Hill and the management teams of Oak Hill’s portfolio companies to enhance operational execution and to identify new investment opportunities in the global consumer and retail marketplace.”