CVC Capital Partners (“CVC”), a leading global private equity firm, is pleased to announce the appointment of Ross Pillari to the U.S. Advisory Board. Mr. Pillari will work with CVC’s U.S. investment team to help develop investment opportunities in the energy sector and will help advise CVC’s portfolio companies and management.
With 19 offices throughout Europe, Asia, and the United States, CVC has an industry-leading global presence. CVC currently has approximately $20 billion of uninvested equity capital, making the firm one of the top five sources of available private equity funds in the world.
Mr. Pillari has had a distinguished career in the energy industry, with senior responsibility for strategy, operations, and mergers and acquisitions. Most recently, Mr. Pillari served as Chairman & CEO of BP America Inc., a role he held from 2001 to 2006. He also remained an advisor to BP through December 2007. In addition to his role as the senior BP executive in the USA, he was also a Group Vice President, BP plc, and responsible for the Western Hemisphere Region of the BP Group. Over a 35 year career at BP and its predecessor organizations, Mr. Pillari served in a variety of posts worldwide, including Group Vice President of Global Marketing for the BP Group in London; Senior Vice President, Marketing and Oil Director- BP Oil USA; and Director of Marketing for Australia, New Zealand and the South Pacific Islands. Mr. Pillari began his career at Standard Oil of Ohio in 1972. In addition to his professional responsibilities, Mr. Pillari has been a member of the Board of Directors of The American Petroleum Institute and The Alliance to Save Energy, and a member of The Baker Institute Energy Forum.
Chris Stadler, Managing Partner and head of CVC’s U.S. office, said: “We are delighted to welcome Ross to CVC. He has been a highly successful executive and brings a deep background in the energy industry. In the short time that he has been working with our investment team, he has been instrumental in developing our presence in the energy sector.”
Ross Pillari said: “I am very pleased to be aligned with an organization that has a longstanding record of success across economic cycles, a leading global presence, and an exceptional reputation for integrity. I believe the energy sector will present an attractive environment in the coming years and look forward to partnering with CVC to pursue opportunities in this industry.”
CVC’s activities in the North American energy sector are overseen by Cameron Breitner, Director in CVC’s New York office.