Bain Veteran Nunnelly Steps Down

Jun 13 2014 | 10:06am ET

A 25-year veteran of private-equity firm Bain Capital has retired from the firm.

Mark Nunnelly stepped down from a day-to-day role in January, after he decided not to invest in the firm’s latest fund, which closed in April. He will remain a member of the board at several of Bain’s portfolio companies, as well as on the investment committees for several of Bain’s past funds.

Nunnelly joined Bain in 1989, five years after it had been established by consulting firm Bain & Co. Prior to moving to Bain Capital, Nunnelly was a partner at Bain & Co. and worked at Procter & Gamble.

Nunnelly’s retirement was first reported by Fortune.

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