Private equity firm CVC Capital Partners has appointed James (Jim) Schiro as a senior adviser to the firm.
Schiro (pictured) will become a member of CVC’s US and global financial institutions advisory boards to support CVC’s investment activities in the US and in the financial services sector globally.
Schiro has extensive experience in the financial services industry, having held management positions at a number of large, global organisations. From 2002 to 2009, Schiro served as chairman of the group management board and chief executive officer of Zurich Financial Services. Prior to joining Zurich Financial Services, Schiro served as chief executive officer of PricewaterhouseCoopers. He began at Pricewaterhouse in 1967 and during his tenure there held a number of senior roles.
Schiro currently serves as lead director of The Goldman Sachs Group, presiding director of PepsiCo, and vice chairman of the supervisory board of Royal Philips Electronics. He also serves on the board of directors of REVA Medical and is actively involved as a board trustee at St. John’s University and the Institute for Advanced Study.
Christopher Stadler, managing partner and head of CVC’s US office, says: “We are very excited to officially welcome Jim to CVC. His distinguished career makes him uniquely qualified to assist us in our investment activities. He has supported us in assessing a number of recent opportunities, and we look forward to his continued involvement.”
