Divestments should be part of a company’s strategic capital allocation process.

Rich Mills

EY US-Central Strategy and Transactions Managing Partner

Leader of complex divestitures that help enhance shareholder value and drive more efficient capital allocation. Dedicated husband and father.

Areas of focus

Rich has been a leader of transformational divestitures for more than a decade, including carve-out sales, tax-free spins and Reverse Morris Trust (RMT) transactions. He currently leads Strategy and Transactions in the US Central Region. Previously, he was the global lead for the only organization with globally-dedicated divestitures services that span all functional areas, including finance, operations and tax.

With more than 20 years of public accounting experience that began as an assurance practitioner, Rich has spent a large portion of his career providing strategy and transactions to corporations and private equity firms.

Rich holds a BSc and an MSc in Accounting from the University of Florida. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

How Rich is building a better working world

“I am building a better working world by assisting companies of all sizes operationalize a more effective capital allocation strategy that focuses on assets and businesses with the highest growth potential. I help clients effectively prepare and execute their divestitures, which leads to enhanced shareholder value for the seller and provides a buyer with a business that is ready to operate effectively on Day 1, allowing for greater growth potential and career opportunities under new ownership.”

Rich’s latest thinking

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