William Hickey Joins Ares Management as Operating Advisor

Before you go, we thought you'd like these...
Before you go close icon

William Hickey Joins Ares Management as Operating Advisor

Former Chairman & CEO of Sealed Air to Exclusively Advise the Ares Private Equity Group

LOS ANGELES--(BUSINESS WIRE)-- Ares Management LLC today announced the engagement of William Hickey, the former Chairman and CEO of Sealed Air Corp., as an Operating Advisor to the firm's Private Equity Group, where he will assist in the sourcing and evaluation of new investment opportunities.

"We are extremely pleased that Bill has chosen to partner with Ares in the next stage of his illustrious career," said Bennett Rosenthal and David Kaplan, Global Co-Heads of the Ares Private Equity Group. "Bill was instrumental in the development of Sealed Air Corp. into one of the largest packaging companies in the world. His relationships and experiences will be invaluable to Ares in our industrial investment activities."

Mr. Hickey will be working most closely with Brian Klos, a Principal in the Ares Private Equity Group, who is responsible for leading the firm's private equity investing activities across all industrial markets.

"I am very excited to have Bill on board to bolster our efforts in the industrials area," said Mr. Klos. "Given his longstanding track record of value creation for investors, I believe his experiences will contribute to our sourcing activities, execution capabilities, and post investment support for our portfolio companies as a board member."

"Ares Management has an excellent track record of applying its flexible approach to private equity investing in world-class companies for more than ten years and I am excited by the opportunity to apply my varied experiences and to partner with Bennett, David, Brian and the entire Ares team in growing the firm's industrial franchise," said Mr. Hickey.

Mr. Hickey served for 13 years as President and Chief Executive Officer of Sealed Air Corp., a manufacturer of packaging and performance-based materials and equipment systems that serve food, industrial, medical and consumer applications. Prior to becoming CEO, he served in a variety of increasingly responsible executive positions after joining the company in 1980. Currently, Mr. Hickey is a member of the Board of Directors of Public Service Enterprise Group Incorporated, a public utility, and Sensient Technologies Corporation, a global manufacturer and marketer of colors, flavors and fragrances and other specialty chemicals. Mr. Hickey received his Bachelor of Science degree in engineering from the United States Naval Academy and his Masters of Business Administration from the Harvard Business School. He received a Certificate in Professional Accounting from Northwestern University and is a Certified Public Accountant.

About Ares Management LLC

Ares Management LLC is a global alternative asset manager and SEC registered investment adviser with approximately $66 billion of committed capital under management and approximately 700 employees as of July 1, 2013. Ares is headquartered in Los Angeles with professionals located across the United States, Europe and Asia and invests across the capital structure - from senior debt to common equity. Ares' investment activities are managed by dedicated teams in its Capital Markets, Private Debt, Private Equity and Real Estate investment platforms. Ares Management was built upon the fundamental principle that each platform benefits from being part of the greater whole. This multi-asset class synergy provides its professionals with insights into industry trends, access to significant deal flow and the ability to assess relative value.

For additional information, visit www.aresmgmt.com.

Mendel Communications
Bill Mendel, 212-397-1030

KEYWORDS:   United States  North America  California


The article William Hickey Joins Ares Management as Operating Advisor originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading