L Catterton announced that Devon Leahy was appointed global head of sustainability. Her responsibilities will include supporting the portfolio companies across the global consumer-focused investment firm’s platform with a “range of sustainability-focused projects and value-creation initiatives.”
Leahy joins the company from Ralph Lauren, where she was the global head of sustainability for the past five years. Previously, she held senior strategy and sustainability-focused roles at Etsy and Walmart. She earned her MBA and MS in Environmental Policy from the University of Michigan and her BA in Environmental Policy from Colby College.
“Sustainability considerations have played a key role in our business since our founding 35 years ago,” said L Catterton’s Global Co-CEO Scott Dahnke. “As we continue to strengthen our resources and capabilities to support the growth of our firm and the mission-driven brands with which we partner, Devon’s expertise will be invaluable in helping our teams create, unlock and capture more value. We are excited to welcome her to the L Catterton team as we continue to build on our commitment to drive sustainability across the global consumer landscape.”
“Consumers are increasingly focused on the social and environmental impact of the products they consume and the brands they interact with,” said Michael Chu, global co-CEO of L Catterton. “We are confident Devon’s experience and insight will position us to best support the brands and management teams we partner with around the world.”
“I am pleased to join L Catterton in this important global role,” said Leahy. “Having worked with numerous leading consumer brands across the fashion, retail and technology sectors to develop and execute impact-oriented sustainability strategies, I am excited to bring my expertise and insight to the L Catterton portfolio, which includes some of the most important and iconic category-leading consumer brands in the world.”
L Catterton, headquartered in Greenwich, CT, reports managing approximately $35 billion of equity capital across three multi-product platforms: private equity, credit and real estate. The firm can invest the money between $5 million and $5 billion across the capital structure of consumer businesses. The company also maintains offices in France, Singapore, New York, and Luxembourg.
