NEW YORK--(BUSINESS WIRE)--
Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR")
today announced the appointment of Marius Haas as an Industry Advisor.
Mr. Haas joins KKR from Hewlett-Packard, where he was Senior Vice
President and Worldwide General Manager of the HP Networking Division.
Mr. Haas will work closely with the KKR team to identify and pursue new
investments, particularly in the technology sector, while supporting
existing portfolio companies.
KKR Appoints Marius Haas as Industry Advisor (Photo: Business Wire)
"Marius brings 20 years of technology industry experience, including
significant expertise evaluating investment opportunities and
successfully executing and integrating acquisitions. We are delighted he
will be joining KKR as an Industry Advisor, providing strategic and
operating guidance in a fast moving high-tech landscape," Adam Clammer,
a Member of KKR and Head of the Firm's technology team, said.
Mr. Haas said, "I am honored to be joining with the KKR team to
capitalize on opportunities for value creation in the tech space. I look
forward to serving as a resource to the Firm and its portfolio companies
and helping build on its success in this sector to date."
Mr. Haas was named Senior Vice President and Worldwide General Manager
for HP's Networking Division in 2008 and oversaw all operational aspects
of the company's global business. Under his leadership, the company
established itself as a leader in the networking market. Prior to that,
he was Senior Vice President, Chief Strategy Officer and Global Head of
Corporate M&A for HP from 2003 to 2008. In this role, he was
instrumental in overseeing the strategic and corporate development
functions of the organization and successfully led the completion of 32
acquisitions, driving significant revenue growth for the company. He
joined HP in 2001 as Vice President of Worldwide eBusiness and
eCommerce. Prior to HP, Mr. Haas spent six years with Compaq Computer
Corp. in various senior operating roles. He began his career with Intel
Corp. in 1991.
KKR's Industry Advisors support the Firm's integrated model of value
creation. They include current and former senior executives who bring
unique leadership skills to complement the work of KKR investment
professionals and the operational executives at KKR Capstone.
KKR has in-depth experience across the technology sector and today has
11 technology companies in its private equity portfolio, including five
in the United States, three in Asia and three in Europe. A complete list
of KKR's private equity investments can be found on KKR.com.
About KKR
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a
leading global investment firm with US$61.0 billion in assets under
management as of 31 March 2011. With 14 offices around the world, KKR
manages assets through a variety of investment funds and accounts
covering multiple asset classes. KKR seeks to create value by bringing
operational expertise to its portfolio companies and through active
oversight and monitoring of its investments. KKR complements its
investment expertise and strengthens interactions with investors through
its client relationships and capital markets platforms. KKR is publicly
traded on the New York Stock Exchange (NYSE: KKR). For additional
information, please visit KKR's website at www.kkr.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6733559&lang=en
Media:
Kohlberg Kravis Roberts & Co. L.P.
Kristi
Huller, 212-230-9722
Kristi.Huller@kkr.com
or
Kekst
& Company
Peter Hill, 212-521-4800
peter-hill@kekst.com
Source: Kohlberg Kravis Roberts & Co. L.P.
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