Richard Zannino is a Managing Director of CCMP Capital and a member of CCMP Capital’s Investment Committee. Mr. Zannino is also a member of CCMP Growth’s Investment Committee Advisory Board. Mr. Zannino focuses on making investments in the consumer sector.
Prior to joining CCMP Capital in 2009, he was Chief Executive Officer and a member of the board of directors of Dow Jones & Company (“Dow Jones”). Mr. Zannino led Dow Jones’ business and cultural transformation from a newspaper publisher to a diversified media company, driven by operational improvements and $2.5 billion in acquisitions, organic growth investments, business restructurings and asset sales. These efforts culminated in the acquisition of Dow Jones by News Corporation in December 2007 for $5.6 billion, a 65% premium to the unaffected stock price. He joined Dow Jones as Executive Vice President and Chief Financial Officer in February 2001 before his promotion to Chief Operating Officer in July 2002 and to Chief Executive Officer and Director in February 2006.
Prior to joining Dow Jones, Mr. Zannino was Executive Vice President in charge of strategy, finance, M&A, technology, and a number of operating units at Liz Claiborne. He originally joined the company in 1998 as Chief Financial Officer. In 1998, he served as Executive Vice President and Chief Financial Officer of General Signal, where he led the sale of that company. From 1993 until early 1998, he was at private-equity backed Saks Fifth Avenue, ultimately serving as Executive Vice President and Chief Financial Officer, where he oversaw the company’s strategy, finance, business development, merchandise planning and technology and helped lead its successful IPO.
Earlier in his career, he held finance, strategy and M&A positions at JWP (1992), Peter Kiewit Sons’, Inc. (1986-1991), Emery Air Freight (1984-1986) and Continental Group (1981-1984), where he began his career as an Accounts Payable Supervisor.
Mr. Zannino is currently a member of the board of directors of Founder Sport Group, Hillman Solutions, Ollie’s Bargain Outlet, Shoes For Crews, Estee Lauder and IAC/InterActiveCorp. and is a trustee of Pace University. He holds a B.S. in Finance and Economics from Bentley College and an M.B.A. in Finance from Pace University.