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Rick Schnall

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Rick Schnall
Born1970 (age 53–54)
EducationB.A. University of Pennsylvania
M.B.A. Harvard Business School
Known forPartner in Clayton Dubilier & Rice
Minority owner of the Atlanta Hawks.
FamilyCarl Icahn (uncle)

Rick Schnall (born 1970) is an American businessman, partner in private equity firm Clayton Dubilier & Rice, and minority owner of the Atlanta Hawks.[1]

Biography

Born to a Jewish family,[2] Schnall is a graduate of the University of Pennsylvania and the Harvard Business School.[1] After school, he worked for Smith Barney and Donaldson Lufkin & Jenrette.[1] In 1996, he joined Clayton Dubilier & Rice eventually reaching partner where was responsible for the acquisition and sales.[1] His uncle is Carl Icahn.[3]

Atlanta Hawks

In 2015, Schnall was part of a group led by Tony Ressler along with Grant Hill, Sarah Blakely, Jesse Itzler, and Steven Price, that successfully purchased the Atlanta Hawks for $850 million.[4][5][6]

Schnall lives in New York.[1]

References

  1. ^ a b c d e The Ledger Enquirer: "Meet the Hawks' new owners" by Tim Tucker June 27, 2015
  2. ^ Atlanta Jewish Times: "Jewish Investor Buying Hawks" by David R. Cohen April 29, 2015
  3. ^ McDonald, Lawrence G. (October 12, 2010). A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers. Crown Business. p. 26. ISBN 9780307588340.
  4. ^ "NBA unanimously approves sale of Atlanta Hawks" (Press release). National Basketball Association. June 24, 2015. Retrieved June 24, 2015.
  5. ^ "Hawks finalizing sale with billionaire Antony Ressler". Atlanta Journal Constitution. Retrieved 23 April 2015.
  6. ^ NBA: "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks" June 25, 2015 | "Other investors include seven-time NBA All-Star Grant Hill, who will serve as Vice Chair of the Board, Townsquare Media Chair and CEO Steven Price, Clayton Dubilier & Rice partner Rick Schnall, and Spanx founder Sara Blakely and Marquis Jet co-founder Jesse Itzler, who are married"
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