Carlyle goes back to former portfolio company to hire new defence expert


Private equity powerhouse Carlyle has hired the former chief executive of its portfolio company Vought Aircraft Industries as an aerospace and defence expert.

Elmer Doty has been made senior advisor supporting the US arm of the buyout giant’s operations.

Doty, who has more than 35 years of industrial and defence experience, has been involved with Carlyle since 1997 through his roles as Vought president and CEO.

Prior to that he was executive vice president and general manager of the combat vehicle division of United Defense Industries.

Earlier still he held general management and leadership roles in heavy machinery, mining, oilfield and agriculture departments of FMC Corporation, and was part of General Electric’s manufacturing management development programme.

Carlyle is currently planning a $1bn sale of car parts supplier Metaldyne ahead of the firm’s long awaited IPO.

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