One of the world's largest private equity firms will now be getting advice from the man who ran one of the largest food companies.
Advent International, the $32 billion firm that focuses on corporate buyouts, announced Tuesday that William Johnson, the former chairman, CEO and president of H.J. Heinz, would join the firm as a consultant.
"Bill is one of the premier executives in the consumer packaged goods industry, and we are excited that he has agreed to support the Advent team," Jeff Case, a managing director at Advent, said in a statement. "Bill's expertise in consumer products and food will complement our extensive experience in the retail space and further strengthen our ability to source new investments and drive value creation in our portfolio."