Bio

David Shapiro is a Co-Founder and Managing Partner of KPS Capital Partners, LP, and a member of its Investment Committee and Management Committee. KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of private equity funds with approximately $11.4 billion of assets under management (as of March 31, 2020) focused on making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. Mr. Shapiro and the Partners of KPS have successfully developed and executed a proprietary investment strategy of creating new companies to acquire assets or businesses from large corporations, businesses owned by families or entrepreneurs, and businesses presented for sale in connection with financial restructurings, including companies owned by former creditor groups. KPS then transforms these businesses into independent, world-class, industry-leading enterprises by structurally improving their strategic position, competitiveness and profitability. The KPS Funds’ portfolio companies have aggregate annual revenues of approximately $7.7 billion, operate 146 manufacturing facilities in 26 countries, and have approximately 26,000 employees, directly and through joint ventures worldwide. Mr. Shapiro currently serves on the Board of Directors of the following KPS portfolio companies: C&D Technologies (Chairman), TaylorMade Golf (Chairman), AIS Global, Autokiniton Global Group, Howden, Life Fitness, Winoa and DexKo Global. In addition, Mr. Shapiro previously served on the Board of Directors of 29 former KPS portfolio companies. Prior to joining its predecessor and creating KPS in 1997, Mr. Shapiro was an investment banker with Drexel Burnham Lambert and Dean Witter Reynolds. He received a B.A. in History from the University of Michigan with High Honors and an MBA with a Specialization in Finance from the University of Chicago Graduate School of Business.