CD&R engages former Belden CEO as Operating Advisor
Clayton, Dubilier & Rice today has named John Stroup, Executive Chairman of Belden, as an Operating Advisor to CD&R funds.
Stroup joined Belden, a global leader in signal transmission and security systems solutions for mission-critical applications in enterprise and industrial markets, as President and Chief Executive Officer in 2005 and became Chairman and Chief Executive Officer in 2016. Under his leadership, Belden grew revenue from USD1.2 billion in 2005 to USD2.1 billion in 2019. During this period, Stroup drove Belden’s transformation from a provider of high-quality cable products to a leading manufacturer of end-to-end networking and connectivity solutions. He stepped down from the CEO role and assumed the role of Executive Chairman in 2020.
“John has built a strong reputation for driving growth across a wide range of industrial sectors and is well known to the CD&R investment team,” says Nate Sleeper, CD&R’s Chief Executive Officer. “We believe his strategic insights will be highly additive to CD&R funds’ investment activity and portfolio businesses.”
“I have had the opportunity to work closely with the CD&R team, and their mission of building sustainable businesses by driving growth and operational excellence resonates strongly with me,” says Stroup. “I look forward to contributing to the future success of the CD&R funds and their portfolio companies.”
Prior to joining Belden, says Stroup held various positions of increasing responsibility at Danaher Corporation, Scientific Technologies, and Rockwell Automation. Stroup began his career at Parker Hannifin Corporation in various roles including engineering, sales, and marketing.