Director, CD&R Foundation
Equity through economic opportunity.
Founded in 1978, as one of the oldest global private equity managers, Clayton, Dubilier & Rice (CD&R) invests and builds better businesses – earning the reputation as a preferred partner of management teams around the world. Joe Rice and Martin Dubilier created a firm that today employs an active ownership model to the businesses it acquires. Through a combination of investment and operating skills, the firm enhances the value of each of its acquired businesses. Today, the Firm has ~170 employees, offices in New York and London, manages ~$36 billion of assets and 30+ portfolio companies, and is widely recognized as a leader in private equity investing. CD&R’s shared sense of purpose and values guides the commitments the firm makes to its commercial partners, the communities in which they operate, and its investors.
In October 2020, CD&R announced the formation of a new nonprofit foundation to direct and support the firm’s ongoing charitable investments and activities, both through capital donations and public service. The Foundation will represent the firm’s deeply-held values of advancing economic opportunity and equity to improve the plight of underserved populations in our local communities. With anticipated investment of $10 to $15 million annually, the Foundation will explore and support building pathways to greater economic security in vulnerable communities. It is anticipated that a portion of the investment will be directed by the Foundation to mission-aligned organizations in New York and London, the cities in which the Firm’s two offices are located. The balance would be allocated to “catalyzing and co-investing” in the mission-aligned philanthropic efforts of the Firm’s 30+ portfolio companies in their local communities.
For more information on CD&R, please visit https://www.cdr-inc.com/.
The Director will:
- Report directly to the firm’s CEO for day-to-day operations and to the Foundation Board for matters on strategy, programs, grants, etc.;
- Manage the Foundation in a manner that recognizes and builds on the link between this initiative and the broader firm goals and objectives;
- Take a holistic approach to this effort as a culture-building, central initiative around the firm’s approach to philanthropy, service, and Diversity, Equity, and Inclusion;
- Have responsibility, with Board oversight, for the effective deployment of the Foundation’s funds and support in line with the mission;
- Work collaboratively with the portfolio companies to allocate capital and organize support for company efforts consistent with the mission;
- Work collaboratively with external parties (subject matter experts, service providers, consultants, etc.) where relevant to maximize impact; measure and report on the impact to stakeholders;
- Develop and administer the processes used to determine the merits of requests from grantees and to gain approval;
- Drive an internal and external communication strategy around the Foundation’s efforts.
The Director will be:
- A consensus builder able to generate excitement about the Foundation’s potential impact and forge trusting relationships with all stakeholders in a high-performance environment;
- Humble, mature; politically savvy; a thought partner;
- A catalyst for the Foundation’s philanthropic and service efforts;
- An enthusiastic self-starter who can work collaboratively to develop the overall mission and design a comprehensive strategy for the firm’s approach to giving and service; a co-creator.
QUALIFICATIONS AND EXPERIENCE
- Energetic and charismatic, with outstanding leadership qualities and skills.
- A strong internal and external collaborator facile in partnering, organizing, and influencing, including the ability to navigate conflicting perspectives and managing stakeholders.
- Operational experience with a foundation and an understanding of the regulatory environment.
- An exceptional internal and external ambassador for the firm and the mission; credible in philanthropy.
- The organizational capacity to wrap together effort and initiatives within a coherent, comprehensive program.
- Strong communication skills; a credible and engaging storyteller; able to generate branding and excitement.
- Ability to roll up sleeves, multitask, operate, and build with lean administrative support.
- Experience in areas of the firm’s primary philanthropic intent. (Content expertise can be supplemented by the team, advisors, experts, etc. as focus and initiatives dictate.)
- Experience operating globally and interest and comfort in doing so (in particular, across the United States and Europe).
- Financial acumen and corporate experience; ability to make the case for this effort and put in the context of CD&R’s business and that of its portfolio companies.
CD&R is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at CD&R are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social, or ethnic origin, sex, age, physical, mental, or sensory disability, sexual orientation, gender identity and/or expression, marital, civil union, or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. CD&R will not tolerate discrimination or harassment based on any of these characteristics.
Applications, nominations, and contact information should be sent to Susan Meade, Paul Spivey, and Jane Donaldson at CDRFoundation@PhillipsOppenheim.com.