CHICAGO--(BUSINESS WIRE)--The Pritzker Organization announced today that it has appointed Kenneth H.M. Leet as President. Mr. Leet will work closely with Tom Pritzker, the company’s Chairman and Chief Executive Officer, overseeing investing activities and the long-term development of the business portfolio.
“We are extremely pleased that Ken has joined The Pritzker Organization,” said Mr. Pritzker. “I have known Ken for many years. He has a long history as a successful investor, and of serving as a trusted advisor to many of the world’s leading companies in matters of strategic importance as they seek to grow their businesses. We are excited to be working with an executive of his integrity as we look to continue our proud legacy of building businesses that have proven themselves successful over generations.”
Mr. Leet is an 18-year veteran of Goldman Sachs, in the London and New York offices, where he was a partner and was responsible for the Firm’s investment banking activities with industrial companies. He also played leadership roles in the Firm’s Mergers and Acquisitions Department and Principal Investing Activity.
More recently, Mr. Leet has led Granite Ridge, a financial advisory boutique, served as President of Cerberus European Capital Advisors, and was a Special Advisor to the Board of Directors of the Ford Motor Company in connection with its recent restructuring initiatives.
“The Pritzker Organization is truly a unique institution having built a great number of successful businesses with a very particular set of enduring values. These values are reflected in the companies that have been built, from Hyatt Hotels to the Marmon Group to Triton Container,” Mr. Leet said. “I am aware of no other investing group that has so consistently empowered managers to build so many successful and trusted businesses over decades-long holding periods.”
The Pritzker Organization is the merchant-banking operation for the interests of certain members of the Pritzker family. The organization’s primary activities include principal and special situations investing. For more than 60 years, The Pritzker Organization has controlled and guided the development of dozens of portfolio companies across a wide variety of industries, including manufacturing, life sciences, hotels, and a number of service businesses. In addition to its core business of long-term business building, The Pritzker Organization is also an active special situations investor, deploying across a wide spectrum of industries and across every tier of the balance sheet, from senior debt to equity.
Mr. Leet received his MBA from Harvard Business School and his BA from Brown University. He is a Trustee of the Dana-Farber Cancer Institute, the Old Vic Theatre Trust and the Chelsea & Westminster NHS Healthcare Charity.