June 2017Berkshire Partners Announces New Advisory Director
Boston, Massachusetts, June 1, 2017 — Berkshire Partners, a Boston-based investment firm, announced today that Mark Jung has joined the firm as an Advisory Director.
“Mark has an impressive track record leading and advising companies across the software, tech-enabled services and consumer industries,” said E.J. Whelan, a Managing Director at Berkshire Partners. “He is a talented and proven executive who will bring significant expertise and insight to both identifying new investment opportunities and working with our portfolio companies. We are pleased to welcome Mark to the Berkshire team.”
“Berkshire has an impressive history of partnering with management teams to grow their businesses,” said Mark Jung. “I am excited to help in these efforts and to add my experience and perspective to their efforts.”
Mr. Jung currently serves as Executive Chairman of Accela, Inc., a leading cloud software provider of civic engagement and productivity solutions for state and local government agencies. He is a member of the board of directors of DataXu, Pinnacle Foods and SambaSafety. Additionally, Mr. Jung is a member of the board of directors of Right to Play, the League of American Orchestras, an overseer of the Boston Symphony Orchestra, a member of the Leadership Council of the School of Engineering and Applied Science at Princeton University, and is a former member of the Management Board of Stanford Business School.
Earlier in his career, Mr. Jung founded and took public two separate technology ventures, the most recent being IGN Entertainment, which was sold to Newscorp in 2005. During his tenure at Newscorp, Mr. Jung served as Chief Operating Officer of the Fox Interactive Media Group, where he oversaw all of its internet properties and related operations worldwide. He began his career as a management consultant in the technology practice of McKinsey & Company.
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Advisory Directors are business executives or industry experts well known to Berkshire who participate in specific activities that arise in their areas of expertise, including deal origination, due diligence investigation, investment deliberation and portfolio company advisory services. Advisory Directors are independent advisors that provide consulting services to Berkshire or its portfolio companies at varying levels of engagement. Please see Berkshire’s Form ADV Part 2A filed with the SEC for additional details.
Source: Business Wire
Title: Berkshire Partners Announces New Advisory Director
Date Published: June 1, 2017
Date Accessed: June 1, 2017