Private equity firm the Carlyle Group has named Christopher Dodds as senior adviser to its global financial services group based in San Francisco.
Private equity firm the Carlyle Group has named Christopher Dodds as senior adviser to its global financial services group based in San Francisco.
Dodds retired as chief financial officer and executive vice-president of Charles Schwab in May 2007 after 21 years with the firm.
He will help Carlyle find and evaluate investment opportunities as well as consult with the financial services portfolio companies.
Olivier Sarkozy, Carlyle managing director and head of the global financial services group, says: ‘I am pleased to welcome Chris to Carlyle. Having worked together on a number of highly successful transactions over the years I am particularly pleased that he is joining Carlyle. Chris’s raft of experience will make our due diligence more insightful and our company ownership more fruitful.’
From 1999 through 2007, Dodds served as Schwab’s executive vice president and chief financial officer, responsible for strategic planning, financial planning and analysis, treasury, taxation, corporate accounting, external and regulatory reporting, mergers and acquisitions, investor relations, risk management and corporate real estate.
Prior to this position, he served as corporate controller from 1997 to 1999, corporate treasurer from 1993 to 1997 and vice president of corporate finance and mergers and acquisitions from 1989 to 1993.
Carlyle established its global financial services group in June 2007 and the team completed its first investment in August 2008 with a USD75m investment in wealth management firm Boston Private Financial Holdings.
The group’s network of 13 professionals focuses on investment opportunities in banking, insurance, specialty finance, asset management, capital markets and FIG technology.
