The Carlyle Group Names Former Vought Aircraft Industries CEO Elmer Doty Operating Executive for Aerospace and Defense Group

Firm Now Has 29 Operating Executives Helping to Create Value

Washington, D.C. – Global alternative asset manager The Carlyle Group today announced that Elmer L. Doty, former President and Chief Executive Officer of Vought Aircraft Industries, Inc., has joined the firm as an Operating Executive for the Aerospace and Defense team.

As an Operating Executive, Mr. Doty will provide strategic guidance to Carlyle professionals throughout the investment process, from sourcing to acquisition to exit, and advise portfolio company executives on management, operational and growth strategies. He joins a group of senior business leaders – with an average of 40 years of experience -- who serve as Carlyle Operating Executives across a range of industries.

Adam Palmer, Carlyle Managing Director and Head of the Aerospace and Defense team, said, “Elmer has an outstanding 35-year track record of leadership and value creation. His knowledge and understanding of the aerospace and defense fields will be an asset to the firm, as will his previous tenure as a senior executive with Carlyle portfolio companies.”

Mr. Doty said, “I am delighted to begin this next phase of a 15-year relationship with Carlyle, with a team for whom I have immense respect. Through my time at Vought and United Defense, I have come to know Carlyle as a firm that clearly knows how to leverage its deep industry expertise to create value not just for its investors, but also for the customers and employees of the businesses that the firm invests in.”

Before becoming President and CEO of Vought, Mr. Doty was Executive Vice President and General Manager of the combat vehicle division of United Defense. He came to United Defense from FMC Corporation, where he held a number of general management and leadership positions in heavy machinery for mining, oilfield and agriculture. He began his career in General Electric’s manufacturing management development program in the power generation and nuclear business units.

Mr. Doty earned his master’s degree in mechanical engineering and his bachelor’s degree in nuclear engineering from the University of Missouri.

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About The Carlyle Group
The Carlyle Group is a global alternative asset manager with approximately $147 billion of assets under management in 89 active funds and 52 fund of fund vehicles as of December 31, 2011. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has developed expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, technology & business services, telecommunications & media and transportation. The Carlyle Group employs approximately 1,300 people in 33 offices across six continents.

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