Alternative asset manager The Carlyle Group has appointed Susan E Arnold, former Procter & Gamble president of global business units, as an operating executive in its global consumer and retail group.
She takes up her post in September.
As an operating executive, Arnold (pictured) will provide strategic guidance to Carlyle professionals throughout the investment process, from sourcing to acquisition to exit and advise portfolio company executives on management, operational, branding and growth strategies. She joins a group of 24 senior business executives – with an average of 40 years of experience – who help Carlyle create value across a range of industries.
Sandra Horbach, Carlyle managing director and head of the global consumer and retail group, says: “We are pleased to welcome Susan to the Carlyle team following a remarkable 29-year career at Procter & Gamble. Susan’s depth and scope of strategic and operational experience in the consumer space will help us to create value in our existing portfolio and to make new promising investments.”
Arnold says: “I am excited to become part of a firm that is committed to strengthening brands and creating value. Sandra and her team have a track record of success and I am eager to contribute to their efforts.”
The consumer and retail group has led Carlyle’s acquisition of numerous companies, including Dunkin’ Brands, philosophy, NBTY and CVC.
Arnold joined Proctor & Gamble in 1980 and retired in 2009. Prior to serving as president of Proctor & Gamble’s USD50bn global business unit, Arnold held various positions within the firm, including vice chairman of global beauty care and health, and president of global personal beauty and global feminine care. She currently serves on the board of directors of Disney and McDonalds.
