Timothy Franks Appointed CEO of Jacobs Holding

Zurich, April 17, 2024 - Jacobs Holding has officially announced Timothy Franks as its new Chief Executive Officer, starting May 1, 2024. Franks, previously a Partner and Co-CEO at KKR, boasts an extensive background in global private equity, with 25 years of experience in the field.

At KKR, he was instrumental in expanding the firm's European operations, particularly in the EMEA region, and had a significant role in overseeing the consumer industry team. Before his tenure at KKR, Franks spent 17 years at Advent International, where he led the New York office and held multiple leadership positions at various portfolio companies.

Jacobs Holding, under Franks' leadership, will focus on enhancing its investment strategies in services, healthcare, and consumer industries. His expertise in sustainability and digitalization is expected to drive growth and improve the investment approach at Jacobs Holding.

Nicolas and Philippe Jacobs, Co-Chairmen of Jacobs Holding, expressed their enthusiasm about Franks joining the team, citing his impressive track record and leadership skills as key to advancing the company’s goals. Franks himself is eager to lead the firm, emphasizing its commitment to sustainable investment practices and long-term horizons.