November 17, 2005
Saer Joins Board of Packard
Center for ALS Research
John K. Saer Jr., director of New York private
equity firm Kohlberg Kravis Roberts & Co., has joined the board of
governors at the Robert Packard Center for ALS Research at Johns Hopkins.
Saer, who manages KKR’s industrial group, has been involved in
the firm’s chemical industry, technology and hospitality investments.
Prior to joining KKR in 2001, he was chief financial officer of KSL Recreation
Corporation, a KKR portfolio company organized in 1993 as a management
build-up. He has extensive experience in management turnarounds, loan
restructurings and portfolio workouts.
Saer earned his undergraduate degree from Dartmouth University, with
distinction (Rufus Choate Scholar) and an M.B.A. from Stanford University.
When his mother-in-law was diagnosed with ALS—also known as Lou
Gehrig’s disease—Saer began to explore treatment options
with the family. He met Packard Center Director Jeffrey Rothstein in
New York and decided to support the Center’s research. “I
was very impressed with the idea of collaboration,” Saer says. “In
just five years, they’ve made tremendous progress. I hope we can
get to a point where all these projects come together for a major breakthrough.”
A native of New Orleans, La., Saer also serves on the board of the
Oak Alley Foundation. The group oversees Oak Alley Plantation, Louisiana’s
most visited antebellum house museum. (The historic site escaped damage
from Hurricane Katrina.)
Saer lives with his wife and three children in Greenwich, Ct.
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