Welsh, Carson, Anderson & Stowe Names Anthony F. Ecock Senior Operating Executive.Former General Electric Executive Joins Leading Private Equity Firm NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Welsh, Carson, Anderson & Stowe ("Welsh Carson"), the largest private equity investor in information & business services and healthcare, today announced that it has named Anthony F. Ecock, 45, as a Senior Operating Executive of the Firm. Ecock was previously Vice President and General Manager, Enterprise Clients Group of General Electric Healthcare, Inc. He will be based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . In his new role at Welsh Carson, Ecock will be responsible for initiatives to enhance the growth, performance and potential synergies of the Firm's portfolio companies in the healthcare sector as well as identifying unique business opportunities and trends. "Tony's impressive operational and strategic background and significant experience in the healthcare sector make him an ideal fit for Welsh Carson, and we are delighted to add him to our deep bench of senior operating executives as we look to take full advantage of our leadership positions in the information & business services and healthcare sectors," said Paul B. Queally, a General Partner of Welsh Carson. "We take an active role in growing our portfolio companies in partnership with management through strategic add-on acquisitions, improvements in operating performance and required changes in business strategy, and with his significant consulting and operating experience, Tony will be a valuable addition to our team." Ecock commented, "I am thrilled to be joining Welsh Carson, which is viewed by many in the industry as the premier private equity firm in the healthcare sector. I look forward to working with Paul and other members of the WCAS WCAS Weinberg College of Arts and Sciences WCAS Warfighter Communication Assessment System (US DoD) investment team to fully maximize the potential of the Firm's portfolio." Ecock spent the last three years at GE Healthcare GE Healthcare is a $18 billion (USD) unit of General Electric (GE). It employs more than 46,000 people worldwide and is headquartered in Chalfont St. Giles, Buckinghamshire, United Kingdom. GE Healthcare is the first GE business segment headquartered outside the United States. , Inc. (GEH GEH George Eastman House GEH Google Earth Hacks (website) GEH Generalized Effective Hamiltonian ), a $15 billion unit of General Electric, where he most recently served as Vice President and General Manager, Enterprise Clients Group. While at GEH, Ecock was responsible for GE-wide sales to top United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. healthcare CXOs as well as cross-business partnerships with pharmaceutical companies and academic medical centers. Prior to joining GE, Ecock was Senior Vice President and General Manager, Patient Monitoring and Clinical Information Systems Division of Philips Medical Systems, Inc., a manufacturer of medical imaging equipment and other healthcare-related products and a subsidiary of Koninklijke Philips Electronics, N.V. From 1987 to 1999, Ecock worked at Bain & Company, Inc., a leading strategic consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , where he became a Partner in 1993. While at Bain & Co., his primary focus was on growth strategies for high-tech companies. Ecock holds an M.B.A. from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. and a B.S. from the Wharton School of the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. . About Welsh, Carson, Anderson & Stowe Welsh, Carson, Anderson & Stowe is one of the largest and most successful private equity investment firms in the United States. Since its founding in 1979, it has organized 14 limited partnerships with total capital of over $16 billion, investing in more than 165 companies and funding over 700 subsequent follow-on acquisitions. It is currently investing over $4.7 billion of capital from an equity fund, Welsh, Carson, Anderson & Stowe X, L.P., and WCAS Capital Partners IV, L.P., a dedicated subordinated debt Subordinated Debt A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings. Also known as "junior security" or "subordinated loan". fund. Welsh Carson focuses its investment activity in two industries: information & business services and healthcare. See www.welshcarson.com to learn more. |
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