Carlyle hires former P&G exec. for Global Consumer & Retail group
NEW YORK — The Carlyle Group has appointed former Procter & Gamble executive Susan Arnold as an operating executive in the firm’s Global Consumer & Retail group. Arnold begins her new role at the firm in September.
As an operating executive, Arnold 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.
Arnold joined P&G in 1980 and retired in 2009. Prior to serving as president of P&G’s $50 billion Global Business Unit, she 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.
“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,” stated Sandra Horbach, Carlyle managing director and head of the Global Consumer & Retail group.
The Consumer & Retail group has led Carlyle’s acquisition of numerous companies, including Dunkin’ Brands, Philosophy, NBTY and CVC.