Colony hires former Amgen exec

The global buyout firm has expanded its team of professionals with the addition of former Amgen, Disney and Starwood Hotels executive Richard Nanula.

Colony Capital has hired Richard Nanula to join the firm as a principal reporting to chairman and chief executive Thomas Barrack.

Nanula will play a senior role in the firm’s global operations and will focus on operating company transactions. He will be based at the firm’s Los Angeles headquarters.

Richard Nanula

Nanula was previously executive vice president and chief financial officer of biotechnology company Amgen. During his six years as a member of the company’s executive committee, he was responsible for finance, corporate strategy, mergers and acquisitions as well as internal and external relations. Prior to joining Amgen, Nanula was president and chief operating officer for Starwood Hotels and Resorts in New York, as well as senior executive vice president and chief financial officer at the Walt Disney Company.

Colony was founded by Barrack in 1991 and has offices throughout the world. In June 2007, the firm set a record for the largest-ever African buyout with its deal to buy oil refining and distribution company Tamoil from the Libyan government for €4 billion.