Clayton, Dubilier & Rice, a private investment firm, has appointed Michael Lamach as an operating advisor to the firm’s funds.

Lamach joins the firm with over 30 years of experience as a senior executive and leader in the manufacturing industry and previously served as the executive chair and chief executive officer of Trane Technologies.

“Mike has built a strong reputation for driving growth and sustainable value creation across industrial sectors and is globally recognized as an innovative leader,” says Nate Sleeper, CD&R’s CEO. “We believe his strategic and operational insights will be highly additive to CD&R funds’ investment activity and portfolio businesses.”

“I am thrilled to be working with a firm that is focused on building sustainable businesses by driving growth and operational excellence,” says Lamach. “The CD&R funds’ reputation for collaborating with corporate and founder led businesses to unlock value through talent, culture building, transformative M&A, ESG, and other operating measures, makes this role an ideal fit for me.”