PALO ALTO, Calif. - (Business Wire) Huntsman Gay Global Capital, a leading middle-market private equity firm, today announced the appointment of Gary Crittenden, former Chief Financial Officer of Citigroup and Chairman of Citi Holdings, as the firm’s newest Managing Director. Crittenden will work alongside the firm’s other partners on transactions and portfolio company operational and financial development. “We are delighted to welcome Gary to Huntsman Gay. In addition to broad recognition in financial circles as one of the most respected CFOs on Wall Street, Gary is a long-time friend, and bringing him on board was an easy decision,” said firm Co-Founder and Managing Director Bob Gay. “We know that Gary’s deep global experience and extensive network of relationships will be a great addition to the firm’s ability to execute the right deals and build our portfolio companies in this, or any economic environment.”
“I have been interested in private equity for many years and after a long career working with large public companies, the time is right to pursue this interest,” Crittenden said. “Huntsman Gay presented me with the ideal opportunity to apply my experience with Fortune 500 companies to the middle market, where there are many compelling businesses we can help make significant improvements and become market leaders. I am very excited to enter this new phase of my professional life and join the outstanding team at Huntsman Gay.”
Crittenden, 56, brings decades of executive experience, coming to Huntsman Gay from Citigroup, where he worked most recently as Chairman of Citi Holdings and was responsible for optimizing the operational and financial value of $850 billion in non-banking assets. Before taking on the role of Chairman, Crittenden was Citigroup’s Chief Financial Officer, and also managed the company’s re-engineering efforts as head of Strategy & M&A and Productivity & Re-engineering.
Prior to Citigroup, Crittenden was Executive Vice President, Chief Financial Officer, and Head of Global Network Services at American Express from 2000 to 2007. He has also served as CFO of Monsanto and Sears, Roebuck & Company. Crittenden began his career in consulting at Bain & Company, an international management consulting firm, working on a range of strategic projects in the U.S. and Europe. Mr. Crittenden holds a B.S. from Brigham Young University and an M.B.A. from Harvard Business School.
About Huntsman Gay Global Capital
Huntsman Gay Global Capital is a private equity firm that brings unrivaled experience to the middle market—offering all the advantages of both a strategic and a financial buyer in one firm. Co-founded by Jon M. Huntsman, one of the world’s leading industrialists, and Robert C. Gay, a former managing director of Bain Capital, the firm focuses on middle market leveraged buyouts, growth equity investments and strategic investments in mid-cap public companies. For more information, please visit www.hgequity.com.
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