Current Capital Announces Addition of Four Executives to Advisory Board

Globe Newswire, December 12, 2012

Current Capital LLC (“Current Capital”), a private equity investment and portfolio company management firm focused on middle market and smaller companies in the industrial and businesses services industries, announced that four successful executives, with which the firm has had long relationships, have joined its Advisory Board bringing the total number of members to 13. The new executives on Current Capital’s Advisory Board are:

Michael Crooke is a proven senior executive who has served as the Chief Executive Officer or President of a number of companies including Patagonia Inc,​ Kelty, Prana LLC, Pearl Izumi, and Revolution Living, part of the investment firm established by Steve Case, the Co-Founder of AOL.  Dr. Crooke, a former​ Navy SEAL, concurrently serves at Pepperdine University’s Graziadio School of Business and Management as a Professor of Strategy and at the University of​ Oregon Lundquist College as the founding Avamere Professor of Practice.​

Ernst Häberli is a finance and operating executive with deep experience in the global consumer products industry. He served as President International​ Commercial Operations at Gillette; Executive Vice President and Chief Financial Officer, President North American Tissue Operations and Technology, and as​ a member of the Board of Directors at Fort James. He also held senior positions at PET, Kraft and the Boston Consulting Group.

James Risher is the former Chief Executive of Del Global Technologies, Bluestar Battery International and Exide Electronics. At Exide Electronics he helped to​ dramatically increase annual revenues, complete an initial public offering and successfully defend against an unsolicited takeover attempt from Danaher,  ultimately selling the company for nearly twice the unsolicited offer price to BTR.

John Wills is a successful consumer packaged goods and building products executive who is the former Group President – Plumbing and Heating Products​ and President of Delta Faucet for Masco, among other senior positions he held at Masco. He also had various roles with increasing responsibilities at Moen​ and Procter & Gamble.

Current Capital’s Advisory Board includes current and former executives who help to identify quality executives, source investment opportunities, perform due diligence and work with its portfolio companies.

Jonathan F. Foster, Founder and Managing Director of Current Capital, said that “The addition of four high quality executives to our Advisory Board will help us continue to accelerate our successful efforts in private equity and portfolio company management services. We are grateful to our entire Advisory Board for their efforts, support and counsel.”

About Current Capital LLC:

Current Capital LLC (www.currentcap.com) is a private equity and portfolio company management firm comprised of operating executives and investment professionals that helps create value, primarily in middle market and smaller companies in the industrial and business services industries. The firm brings an integrated operating, finance and investment approach to two large sectors, industrials and business services, where it has extensive experience, relationships and perspectives. In addition to its private equity investment business, Current Capital’s portfolio company management services include managing portfolio companies and “orphan assets” for other investors, serving on Boards of Directors and doing expert witness work in corporate litigation.