We outperformed the S&P 500 this week. Our portfolio gained 1.58% while the S&P lost .42%.
Pete Cimmet is Chief Strategy Officer at J.D. Power. Mr. Cimmet is responsible for corporate strategy, mergers and acquisitions and other strategic initiatives to accelerate the company’s growth in its targeted markets globally. He will talk to the club about various areas of expertise, such as investment banking and private equity.
Mr. Cimmet is a seasoned executive with experience in corporate management, private equity, and investment banking. Before joining J.D. Power, Mr. Cimmet was a Managing Director and Partner of Olympus Capital, an Asia-focused private equity fund.
Before Olympus Capital, Mr. Cimmet was a member of the Executive Committee and the Global Head of Strategy and Business Development at Arysta LifeScience, an agrochemical and life sciences company with $1.9 billion in revenues.
Prior to Arysta LifeScience, Mr. Cimmet spent 11 years in investment banking with Goldman Sachs, Lehman Brothers, and Bear Stearns where he focused on the technology, media and telecommunications sectors and executed over $50 billion of M&A transactions.
Mr. Cimmet holds a BS in Business Administration from Rochester Institute of Technology and an MBA from the Tuck School of Business at Dartmouth College.