| Position: | Majority Owner, Co-Chairman |
| League: | NBA |
| Team: | Charlotte Hornets |
| Rick Schnall | |
| Education: | B.A. University of Pennsylvania M.B.A. Harvard Business School |
| Known For: | Co-President of Clayton, Dubilier & Rice Minority owner of the Atlanta Hawks majority owner of the Charlotte Hornets |
Rick Schnall (born 1969/1970) is an American businessman, co-president of private equity firm Clayton, Dubilier & Rice, minority owner of the Atlanta Hawks, and among the majority owners of the Charlotte Hornets. [1]
Schnall is a graduate of the University of Pennsylvania and the Harvard Business School. After school, he worked for Smith Barney and Donaldson Lufkin & Jenrette. In 1996, he joined Clayton, Dubilier & Rice eventually reaching partner where he started and oversees the healthcare, tech and financial services verticals.[2]
In 2015, Schnall was part of a group led by Tony Ressler along with Grant Hill, Sarah Blakely, Jesse Itzler, and Steven Price, that successfully purchased the Atlanta Hawks for $850 million.[3] [4] [5] He was selling his stake in the Hawks as of July 2023.[6]
In June 2023, Schnall along with Gabe Plotkin successfully purchased the Charlotte Hornets from majority owner, Michael Jordan.[7]
Schnall is of Jewish descent[8] and lives in New York City.[9]