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.
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.
1996
In 1996, he joined Clayton, Dubilier & Rice eventually reaching partner where he started and oversees the healthcare, tech and financial services verticals.
2015
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.
He was selling his stake in the Hawks as of July 2023.
In June 2023, Schnall along with Gabe Plotkin successfully purchased the Charlotte Hornets from majority owner, Michael Jordan.
Schnall is of Jewish descent and lives in New York City.
