WASHINGTON--(EON: Enhanced Online News)--Global alternative asset manager The Carlyle Group (NASDAQ:CG), today announced that John M. Belcher, Chairman and CEO of Carlyle portfolio company ARINC, is the 2013 recipient of the Louis V. Gerstner, Jr. Excellence Award. The honor was conferred upon Mr. Belcher during Carlyle’s recent annual U.S. investor conference.
“Carlyle is fortunate to have CEOs of John’s caliber leading our portfolio companies. John has distinguished himself through his performance, leading ARINC through a transformational period that has resulted in a stronger, more innovative and profitable company.”
Each year, the Louis V. Gerstner, Jr. Excellence Award is presented to a CEO who has exemplified outstanding leadership, business acumen and management excellence in leading a Carlyle portfolio company. Louis V. Gerstner, Jr. is the former Chairman and CEO of IBM, and former Chairman and current Operating Executive at Carlyle.
Past recipients of the award:
2008 – Armand Lauzon, Jr., John Maneely Company
2009 – Paul Ormond, HCR Manor Care
2010 – Ralph Shrader, Booz Allen Hamilton, Inc.
2011 – Nigel Travis, Dunkin’ Brands
2012 – Remo Ruffini, Moncler
Carlyle Chairman Daniel A. D’Aniello said, “Carlyle is fortunate to have CEOs of John’s caliber leading our portfolio companies. John has distinguished himself through his performance, leading ARINC through a transformational period that has resulted in a stronger, more innovative and profitable company.”
Mr. Belcher, who has led ARINC as CEO for the past 12 years, said “I am honored to receive this award. Carlyle is a committed partner who shares ARINC’s vision of delivering the highest levels of product innovation, customer service and industry leadership. I am pleased to accept this award on behalf of ARINC’s many dedicated and talented professionals.”
Carlyle acquired ARINC in 2007. Founded to provide reliable and efficient radio communications for commercial airlines, ARINC is now a global provider of transportation communications and systems engineering.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $180 billion of assets under management across 118 funds and 81 fund of funds vehicles as of June 30, 2013. Carlyle's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Global Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,400 people in 34 offices across six continents.