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John Connaughton (business executive)

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John Connaughton is an American business executive and co-managing partner of Boston-based firm Bain Capital.[1][2] He also manages Bain Capital’s private equity business.[3][4]

Professional life and education

Connaughton received a B.S. from the University of Virginia and an M.B.A. from Harvard Business School.[5]

In 1989, he began working at Bain Capital. Prior to joining Bain Capital, he worked at Bain & Company.[5]

In 2002, Connaughton, along with several other Bain Capital partners, joined with a larger group of private equity and finance executives to acquire the Boston Celtics.[6]

In 2006, he was involved in the $28 billion leveraged buyout (LBO) of Clear Channel Communications.[7]

In April 2016, Connaughton became co-managing partner of Bain Capital.[3] Prior to becoming co-managing partner, he ran the firm’s global private equity business, and continued to do so after.[4]

In 2008, he became a director of Quintiles and later became a director of Iqvia in October 2016.[8]

In 2019, Connaughton and his wife donated $5m to the McIntire School of Commerce at the University of Virginia to create the Connaughton Alternative Investing Professorship Fund.[9][10] Connaughton joined the board of directors of the University of Virginia’s Investment Management Company in September 2019.[11][12]

Connaughton has also served on the boards of HCA Healthcare,[13] and ProSiebenSat.1 Media.[14]

Personal life

Connaughton joined the Board of Trustees for Berklee College of Music in 2005.[5] He also donated to the development of the Berklee Global Jazz Institute, which opened in 2010.[15]

Connaughton served on the McIntire Foundation Board of Trustees at the McIntire School of Commerce at the University of Virginia.[16]

Connaughton was appointed to the Board of Trustees of the Roxbury Latin School for boys for a term through 2022.[17]

In 2012, Connaughton lived in Brookline, Massachusetts with his wife Stephanie.[18]

References

  1. ^ "Bain tops global peers with $3.5 billion in 7 years - Times of India". The Times of India. Retrieved 2018-12-12.
  2. ^ McDonald, Michael (5 December 2018). "Bain's John Connaughton Calls Fund to Help Toys 'R' Us Workers Unique".
  3. ^ a b Reporter, Beth Healy-. "Bain Capital elevates Connaughton and Lavine in generational shift - The Boston Globe". BostonGlobe.com. Retrieved 2018-12-12.
  4. ^ a b Kreutzer, Laura (7 April 2016). "Bain Capital Rebrands Credit Affiliate, Public Equity Unit". WSJ. Retrieved 12 December 2018.
  5. ^ a b c "Additions to the Board of Trustees | Berklee College of Music". www.berklee.edu. Retrieved 2018-12-12.
  6. ^ "Celtics Owners Use Financial Background In Team's Management". Sports Business Daily. Retrieved 2019-09-17.
  7. ^ Loutskina, Elena (2017-09-11). ""Hat in Hand": Financing the Leveraged Buyout of Clear Channel Communications by Elena Loutskina :: SSRN". Rochester, NY. SSRN 3034254. {{cite journal}}: Cite journal requires |journal= (help)
  8. ^ "Two investors sell $860 million in Iqvia shares". WRAL TechWire. 2017-12-06. Retrieved 2019-01-08.
  9. ^ "Scalia Law School Lands More Than $50 Million, and Indiana U. Gets $30 Million: Gifts Roundup". The Chronicle of Philanthropy. 2019-03-11. Retrieved 2019-03-19.
  10. ^ "Alumnus Donates $5 Million to Establish Alternative Investing Professorship Fund". UVA Today. 2019-03-01. Retrieved 2019-03-19.
  11. ^ "Board • UVIMCO". www.uvimco.org. Retrieved 2019-09-17.
  12. ^ "John Connaughton • UVIMCO". www.uvimco.org. Retrieved 2019-09-17.
  13. ^ "HCA Appoints Three New Independent Board Members | HCA Investor Center". investor.hcahealthcare.com. Retrieved 2019-09-17.
  14. ^ Meza, Ed. "ProSieben board realigned". Variety. Retrieved 2019-09-17.
  15. ^ Reporter, Scott Helman-. "Danilo Perez: Berklee Grammy winner changing the world with jazz - The Boston Globe". BostonGlobe.com. Retrieved 2019-01-08.
  16. ^ "McIntire Foundation Board of Trustees". UVA McIntire School of Commerce. 2014-12-13. Retrieved 2019-01-08.
  17. ^ "Trustees – The Roxbury Latin School". www.roxburylatin.org. Retrieved 2019-09-17.
  18. ^ "I Choose Harvard: Stephanie (Formica) Connaughton '87 | Stories". Harvard Alumni. Retrieved 2019-01-08.