Excerpt from 9/20/07 press release naming president at http://www.forbes.com/businesswire/feeds/businesswire/2007/09/20/businesswire20070920006019r1.html
Vestar Resources extends support to portfolio company management teams by providing access to expertise in critical strategic areas that helps insure business success and superior returns for all investors. The Vestar Resources team consists of seasoned executives and former management consultants who possess extensive operating experience and strategic insight of the healthcare, industrial, financial services, media and communications, and consumer sectors. Working closely with management, Vestar Resources helps the portfolio company address key issues including maximizing enterprise value, growth and profitability.
From Vestar brochure at http://www.vestarcapital.com/home/Files/Vestar_Brochure_New.pdf
While Vestar relies fully on its management partners to run their businesses, its principals maintain close dialogue with them and serve as an informed resource for strategic, business, and financial judgment. Recognizing that the best advice is often based as much on seasoned operating experience as on sound financial analysis, Vestar formalized its business advisory efforts through the establishment of Vestar Resources, its portfolio monitoring and management arm.
Vestar Resources has assembled a group of senior business executives who have diverse industry backgrounds and extensive hands-on operating experience. These industry veterans can serve as Vestar’s designees on company boards and are often utilized as sounding boards by management teams.
