Douglas L. Braunstein and James C. Woolery Found Investment Management Firm Hudson Executive Capital

New investment management firm founded by senior Wall Street executives to create value through actionable strategic and corporate finance solutions.

The Firm's strategy will be driven by Constructive Engagement -- fundamental analysis, constructive dialogue and mutual respect.

14 leading CEOs join as strategic advisors to enhance the Firm's investment management platform and corporate network.

Jan 20, 2015, 06:00 ET from Hudson Executive Capital LP

NEW YORK, Jan. 20, 2015 /PRNewswire/ -- Douglas L. Braunstein, former Vice Chairman, JPMorgan Chase & Co., and James C. Woolery, former Chairman-elect, Cadwalader, Wickersham & Taft LLP, today announced the formation of Hudson Executive Capital LP. The Firm has been formed to identify opportunities where actionable strategic and corporate finance solutions can drive returns through Constructive Engagement with managements, boards and shareholders. The Founding Partners' strategic and operational experience, corporate finance expertise and extensive network of relationships will be directed towards value-oriented investment opportunities in industry verticals representing more than 80% of the S&P 500.

The founding members of the Firm include 14 CEO Partners, who together with Mr. Braunstein and Mr. Woolery, are committing approximately $250 million in capital to the Firm's business. The CEO Partners will form the Firm's Advisory Board and together bring over 200 years of public company CEO experience and service on the boards of 68 public companies across the Firm's key industry verticals. The CEO Partners are: Douglas Bergeron, Marc Casper, Darwin Deason, Fred Eshelman, Joseph Gromek, William Harrison, Stephen Hemsley, Ernest Mario, John McGlade, Alan Miller, Howard Milstein, Paul Ormond, Ivan Seidenberg and Douglas Steenland.

"Jim and I are pleased to form Hudson Executive Capital," said Doug Braunstein, Founder and Managing Partner. "We bring a value-oriented, industry-focused investment approach that will combine our collective management and strategic insight with active engagement around corporate finance strategies. We feel privileged to have such a distinguished group of leading corporate executives serve as our CEO Partners, who have produced strong shareholder returns and have led organizations recognized for excellence, integrity, collaboration, professionalism and performance. We look forward to working closely with public companies and our CEO Partners to create value."

"There is a significant and growing opportunity in the market today for shareholders to work collaboratively with companies to strengthen corporate strategy, enhance performance, and generate superior returns," said Jim Woolery, Founder and Managing Partner. "Founding the Firm on the principle of Constructive Engagement combined with our unique mix of expertise and corporate backgrounds, allows Hudson Executive Capital to be well positioned to execute on compelling investment opportunities."

"Doug and Jim have earned their reputations as preeminent corporate executives through strategic decision-making and extensive corporate execution experience over the course of their careers," said William Harrison, former Chairman and CEO of JPMorgan Chase & Co., and a CEO Partner. "The other CEO Partners and I are excited to partner with them in this new venture. Numerous management teams, boards and shareholders have benefited from their strategic ideas, investment insight and execution experience and the current market includes many public companies that could benefit from the Firm's capital and strategic expertise."

About the Founders & Managing Partners
Founders Doug Braunstein and Jim Woolery have 50 years of executive experience, including senior management roles at some of the world's leading financial and legal institutions. Their extensive corporate finance experience includes work on transactions in excess of $1.75 trillion over their careers.

          Douglas L. Braunstein, Founder & Managing Partner

  • Vice Chairman, JPMorgan Chase & Co., 2013-2014
  • Chief Financial Officer, JPMorgan Chase & Co., 2010-2012
  • Head of Americas Investment Banking and Global M&A, JPMorgan, 2008-2010
  • Global Head of Industry Coverage and M&A, JPMorgan, 2002-2007
  • Global Head of M&A, JPMorgan, 1997-2002
  • First Boston, 1986-1993; Merrill Lynch, 1993-1997
  • J.D., Harvard Law School, 1986
  • B.S., Cornell University, 1983

          James C. Woolery, Founder & Managing Partner

  • Chairman-elect and Co-Chair of the Corporate Group, Cadwalader, Wickersham & Taft LLP, 2013-2014
  • Co-Head of North American M&A, JPMorgan, 2011-2013
  • Partner and Chairman of Strategy and Business Development, Cravath, Swaine & Moore LLP, 1994-2010
  • Co-founder of, and advisor to, the Shareholder-Director Exchange (SDX)
  • J.D., University of Kentucky, 1994
  • B.A., Wake Forest University, 1991

The CEO Partners

Name

Title

Company

Douglas Bergeron

Former Chairman & CEO

VeriFone Systems, Inc.

Marc Casper

President & CEO

Thermo Fisher Scientific

Darwin Deason

Founder, Former Chairman & CEO

Affiliated Computer Services

Fred Eshelman

Founder, Former Chairman & CEO

Founder, Former Chairman

Pharmaceutical Product Development;
Furiex Pharmaceuticals

Joseph Gromek

Former President & CEO

The Warnaco Group, Inc.

William Harrison

Former Chairman & CEO

JPMorgan Chase & Co.

Stephen Hemsley

CEO

UnitedHealth Group

Ernest Mario

Former Chairman & CEO

ALZA Corporation

John McGlade

Former Chairman, President & CEO

Air Products and Chemicals, Inc.

Alan Miller

Founder, Chairman & CEO

Universal Health Services, Inc.

Howard Milstein

Chairman, President & CEO

New York Private Bank & Trust

Paul Ormond

Chairman, President & CEO

HCR ManorCare, Inc.

Ivan Seidenberg

Former Chairman & CEO

Verizon Communications

Douglas Steenland

Former President & CEO

Northwest Airlines Corporation

CEO Partners will not manage or control the Firm or investment decisions and the Firm's governance will provide that pre-existing director and CEO roles take precedence over participation a CEO Partner may choose to have in the Firm.

Cadwalader, Wickersham & Taft LLP is acting as legal advisor to Hudson Executive Capital.

About Hudson Executive Capital
Hudson Executive Capital is an investment management firm formed to identify opportunities where actionable strategic and corporate finance solutions can drive returns through Constructive Engagement with managements, boards and shareholders. The Founding Partners' strategic and operational experience, corporate finance expertise and extensive network of relationships will be directed towards value-oriented investment opportunities in industry verticals representing more than 80% of the S&P 500. The Firm's Founders and portfolio management team, working alongside the Firm's CEO Partners, will leverage their industry experience in Financial Services, Healthcare, Technology/Media/Telecommunication, Consumer/Retail and General Industrials. The Firm is founded by Douglas L. Braunstein, former Vice Chairman, JPMorgan Chase & Co, and James C. Woolery, former Chairman-elect, Cadwalader, Wickersham & Taft LLP.

For more information about the Firm, visit www.hudsonexecutive.com

This press release is directed only to financial journalists. Hudson Executive Capital LP (the "Firm") has been formed to manage private investment funds that are available to accredited investors only. Nothing herein should be construed to be an offer, or a solicitation of any offer, to invest in or buy an interest in any fund formed or managed by Hudson Executive Capital. No person will be permitted to invest in any Hudson Executive Capital fund except according to the terms of applicable fund documentation and applicable law.

The views expressed in this press release represent the opinions of Hudson Executive Capital.  This press release may contain forward-looking statements.  All statements contained in this press release that are not clearly historical in nature or that necessarily depend on future events are forward-looking.  Any projected results or statements contained in this press release that are not historical facts are based on current expectations, speak only as of the date of this press release and involve risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such projected results and statements.  Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Firm.  In light of the significant uncertainties inherent in any projected results and forward-looking statements included in this press release, the inclusion of such information should not be regarded as a representation as to future results or that the objectives and strategic initiatives expressed or implied by such projected results and forward-looking statements will be achieved.  The Firm expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein.

Contact
request@hudsonexecutive.com
(212) 521-8495

For Media
Steve Lipin or Monika Driscoll
Brunswick Group LLC
(212) 333-3810

Logo - http://photos.prnewswire.com/prnh/20150119/170000LOGO

SOURCE Hudson Executive Capital LP



RELATED LINKS

http://www.hudsonexecutive.com