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citybizlist : Washington DC : City Capital Ventures Invest in Burger King and Rackson Restaurants

1/21/21
City Capital Ventures, LLC, a private investment partnership headquartered in Chicago, Illinois, is pleased to announce it has made a
majority investment in Rackson Restaurants. Rackson, headquartered in Bridgewater, New Jersey, is a 55+ unit QSR franchisee of Burger King and Popeyes restaurants with locations across six states in the Northeastern and Mid-Atlantic U.S. Rackson is led by co-owner and CEO, Chris Johnson, a 2nd generation QSR operator with an outstanding track record of developing talent and delivering superior operating results. CCV is excited to partner with Chris Johnson and shares his desire to build a large, multi-branded QSR platform across the attractive Northeastern U.S. marketplace. ....

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CD&R Adds Former United Technologies CFO to Drive Excellence Across Portfolio Company Finance Functions

CD&R Adds Former United Technologies CFO to Drive Excellence Across Portfolio Company Finance Functions
Akhil Johri Appointed Operating Advisor to CD&R funds
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NEW YORK, Dec. 15, 2020 /PRNewswire/ Clayton, Dubilier & Rice today announced Akhil Johri, former United Technologies Corporation (UTC) Chief Financial Officer, as an Operating Advisor to CD&R funds.
Mr. Johri worked for more than 30 years at UTC, serving as Executive Vice President and Chief Financial Officer of UTC from 2015 to 2019 and as Special Advisor to the Chairman and CEO from 2019 to 2020. He was also Chief Financial Officer for Pall Corporation, a publicly traded leader in filtration, separation and purification solutions. He currently serves on the boards of Boeing and Cardinal Health. ....

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