Lydie Hudson

Co-Founder
President

Lydie B. Hudson is the Co-founder and President of Citation and member of the firm's Investment Committee. Lydie manages all aspects of the day-to-day of Citation. Prior to launching Citation, Lydie was on the Executive Board of Credit Suisse through 2021 where she held a number of leadership roles, ultimately including oversight of over ~$240bn in fiduciary product solutions for the firm's individual, institutional and corporate clients.

Lydie serves as an Aspen Finance Fellow, a member of the Aspen Global Leadership Network and for the World Economic Forum as a Young Global Leader. She also sits on the board of the Hudson Webber Foundation, a foundation founded by her family to support the economic and civic vitality of the City of Detroit, and Room to Read, a global not for profit focused on literacy and gender equality that has benefited the lives of over 39 million children in over 23 countries. Lydie earned a Bachelor of Arts degree in International Politics and Economics from Middlebury College, and a Master of Business Administration degree from the Harvard Business School where she was awarded the leadership award.

Spencer Almy

Partner

Spencer Almy is a Partner at Citation and a member of the Investment Committee. Spencer has over twelve years of experience in financial services, primarily spent in control buyout investing along with structured equity, public equity, and debt investing. Prior to Citation, he worked on control buyout investments at BDT Capital and Goldman Sachs Merchant Bank. Spencer has also played a lead role in over $13bn of debt financing transactions. Spencer graduated from the McDonough School of Business at Georgetown University with a Bachelor of Science degree in Business Administration where he was a varsity athlete on the men's heavyweight crew team. Spencer hails from Oregon, and resides in Dallas, TX.

Santiago Castelazo

Partner

Santiago Castelazo is a Partner at Citation and a member of the Investment Committee. Santiago has over fifteen years of experience in financial services spanning control buyout and structured equity investing and investment banking. Prior to Citation, Santiago worked on control and minority investments at BDT Capital. Previously, he spent a decade at Morgan Stanley and McKinsey & Company, where he worked on M&A, financing and strategic assignments for clients in the financial services and industrials industries, among others. Santiago's strong strategic background and depth and breadth of industry experience resonate strongly with operators and management teams. Santiago earned a Bachelor of Science degree in Electrical Engineering from Universidad Iberoamericana and holds a Master of Business Administration degree from the University of Chicago, where he was a Fulbright Scholar. Santiago is originally from Mexico City and resides in New York City.

Jacqueline Fancher

Senior Associate

Jacqueline Fancher is a Senior Associate at Citation with experience investing in buyout and growth equity transactions. She started her career at Lazard in the Industrials Group before spending time at L Catterton and BDT Capital Partners. Jacqueline graduated from the Olin School of Business at Washington University in St. Louis. In addition, Jacqueline is highly involved in her community as she is the Founder of a non-profit, ibRecruit, focused on helping non-target school undergraduate women place into Financial Services roles on Wall Street.

Brett Humphrey

Principal

Brett Humphrey is a Principal at Citation with experience investing in both majority and minority equity positions, including structured securities transactions. Prior to Citation, Brett was a Vice President at BDT Capital where he worked on control and minority investments. Brett graduated from Georgetown University's McDonough School of Business with a Bachelor of Science in Business Administration degree in Accounting and Finance. Brett is originally from Colorado, but has lived in Washington, D.C., Chicago, Los Angeles, and now resides in New York City.

Sera Hwang

Associate

Sera Hwang is an Associate at Citation. She started her career at Credit Suisse in the Retail & Consumer Group of the Investment Banking division where she gained execution experience in equity and debt capital markets and M&A transactions. Sera graduated from Georgetown University, McDonough School of Business, with a Bachelor of Science in Business Administration double majoring in Finance and Accounting. Sera is a Southern California native and now calls Dallas, Texas home.

Chudi Obianwu

Managing Director

Chudi Obianwu is a Managing Director at Citation. Chudi has more than twelve years of global experience in financial services, with the majority of his career spent in private equity investing spanning control buyouts and structured equity investing. Prior to Citation, Chudi was a principal at BDT Capital and played a significant role in sourcing, executing and managing private equity investments at Goldman Sachs Merchant Bank and AP Moller Capital. Chudi is a member of the Young Leaders Circle at The Milken Institute and a graduate of the College of Arts & Sciences at Georgetown University where he earned his degree in physics and was captain of the men's varsity football team. Chudi was raised in New Jersey and resides in Dallas, TX.

Imola Pinter

Principal

Imola Pinter is a Principal at Citation with experience investing across control buyout and public equity transactions. Previously, Imola was a Senior Associate at Blue Wolf Capital, where she focused on buyout, recapitalization, and growth capital investment opportunities. Prior to that she was a Research Analyst at Pzena Investment Management investing in public equity transactions across various industries. Before her investment career, Imola worked as an Associate at McKinsey & Company's Private Equity Practice and as a Consultant at Deloitte. Imola holds a Master of Business Administration degree from Harvard Business School, a Master of Science degree from HEC Paris, and a Bachelor of Science degree from the Corvinus University of Budapest. Imola is originally from Hungary and now lives in Dallas.

Dan Routh

Managing Director

Dan Routh is a Managing Director at Citation having invested primarily in control buyouts since 2014. Previously Dan was a Vice President at Lindsay Goldberg, where he played a significant role in originating, executing, developing, and exiting control investments across several portfolio companies. Dan also led foreign exchange hedging for the firm's European investments. Prior to joining Lindsay Goldberg, Dan worked at J.P. Morgan in the investment banking division. Dan graduated from Amherst College with a Bachelor of Arts degree in Philosophy and Economics, where he was a varsity athlete on the men's lacrosse team, and holds a Master of Business Administration degree from Harvard Business School. Dan hails from New Jersey and lives in Dallas, TX.

Dan Baginski

Chief Financial Officer
Chief Compliance Officer

Dan Baginski is the Chief Financial Officer and Chief Compliance Officer at Citation. Dan has over twelve years of experience within the private equity industry. Prior to joining Citation, Dan spent 10+ years at TowerBrook Capital Partners, L.P and was most recently a Principal and Controller. He began his career at Deloitte and Touche as a member of the Assurance Risk Services team focusing on alternative investment vehicles. Dan earned a Bachelor of Science degree in Accounting and Finance from the Saint Michael's College and a Master in Accounting from the University of Connecticut. He is a certified public accountant in New York. Dan is from New York and lives in Connecticut.

Doug Beebe

Assistant Controller

Doug Beebe is the Assistant Controller at Citation. Prior to joining Citation, Doug spent over 5 years within the private equity industry at both Grandview Partners, LP as a Fund Controller and at Centerbridge Partners, LP as a Senior Fund Accountant. He started his career at Ernst & Young as a member of the Assurance team focusing on clients within the private equity and real estate industries. Doug earned a Bachelor of Science degree in Accounting from Quinnipiac University. He is originally from Long Island and now lives in Connecticut.

Cassie Evans

Executive Assistant

Cassie Evans is an Executive Assistant at Citation Capital; Cassie brings a wealth of experience and a keen eye for detail to support our executive team. With over five years of experience as an executive assistant across multiple industries, Cassie leverages this extensive experience at Citation Capital by streamlining operations, enhancing productivity, and contributing to the overall success of our team. Previously residing in Southern California as well as Arizona, Cassie now is a Dallas, Texas resident.

Natalie Woods

Executive Assistant

Natalie Woods has over seven years of experience as an executive assistant for C-level executives across multiple industries. Natalie is a graduate of Lasell College and after spending most of her career in NY, she now resides in Connecticut.

Linda Boff

Senior Advisor

Linda Boff is the Chief Executive Officer of Said Differently, an award-winning creative, strategy, and customer experience company that serves clients better, faster, and less expensively through a unique on-demand talent network.

Said Differently has been named by AdWeek as one of the industry's fastest-growing agencies. Since launching in 2020, the company's talent network has grown to more than 3,500 creative and technology experts across the world. In 2022, Said Differently secured an unsolicited major capital investment from Falfurrias Capital Partners.

In 2024, Said Differently merged with global digital transformation company Brainvire, combining the two companies' services to offer a true end-to-end digital transformation solution, from creative to tech integration and implementation. The combined global team has more than 1,100 full time employees in addition to its proprietary global talent network.

Prior to joining Said Differently, Linda was one of the most senior executives at GE, serving as Chief Marketing Officer, Vice President, Learning and Culture and President, GE Foundation. She oversaw global marketing, brand, content, digital, and sponsorships, while also managing GE's learning curriculum, philanthropic arm, and co-leading the GE Women's Network.

Passionate about all things digital and the future of media and communications, Linda is recognized as one of today's most influential marketing executives. She was on the 2024 Forbes list of the Most Entrepreneurial CMOs. In 2023, Adweek named Linda winner of their first B2B Innovation Lifetime Achievement Award. She was named 2017 AdWeek Grand Brand Genius, a 2016 Matrix Award winner, and CDO Club's 2016 US Chief Digital Officer of the Year, among other accolades. Linda is a past Chair of The Ad Council and a former member of the ANA Executive Committee and Marketing 50.

Linda joined GE in early 2004 as a leader of employee marketing after 18 years of experience in marketing, advertising and communications including senior roles at Citigroup, the American Museum of Natural History and Porter Novelli.

Linda currently serves as a senior advisor to Citation Capital.

Linda Massman

Senior Advisor

Linda Massman is a C-suite executive and Independent Board Director that has built her career by turning around and growing businesses in the consumer products, retail, and industrial sectors.

Linda Massman currently serves on multiple company boards in the capacity of Independent Director, Audit Committee Chair and Nominating & Governance Committee Chair. At Treehouse Foods, a leading manufacturer and distributor of private label packaged food and beverages in North America; she is an Independent Director, Chair of the Nominating & Governance Committee and serves on the Compensation and Audit Committees. At Darigold, a Seattle-based dairy agricultural marketing cooperative; she is an Independent Director and Chair of the Audit Committee and serves on the Compensation Committee. At Caliber, a nationwide portfolio of brands featuring a full range of automotive services including Caliber Collision, the nation's largest auto collision repair provider; she is an independent Director and Chair of the Audit Committee.

She is a former CEO and CFO with 25+ years of experience across various functions including operations, finance and strategic consulting in Fortune 1000 and mid-cap companies. She has built a reputation for her vision and her ability to rapidly orchestrate change that drives financial growth and operational excellence in extremely competitive industries. She is known for solving complex problems with strategic perspective and cross functional collaboration.

Ms. Massman served as CEO of Clearwater Paper, a $2B consumer products company with +3200 employees across the U.S., from 2013 to 2020. Ms. Massman served as the President and Chief Operating Officer of Clearwater from 2011 to 2013. Prior to earning that role, she served as the company's Chief Financial Officer from 2008 to 2011 following the company's spin-off from Potlach Corporation.

Earlier in her career she was an Independent Director and served on the Compensation Committee of Black Hills Corporation, a diversified energy company in the US. In 2017, she was elected the first chairwoman for the American Forest & Paper Association a National Trade Association of the Paper & Wood Products Industry in the United States.

Linda holds an MBA from Harvard Business School and a Bachelor of Business Administration in Finance from the University of North Dakota. She is a member of National Association of Corporate Directors (NACD).

Sanjeev Mehra

Senior Advisor

Following a thirty-one year career at Goldman, Sachs & Co., Sanjeev founded and serves as Managing Partner of Periphas Capital. Sanjeev also serves as Chief Executive Officer and Chairman of the Board of Directors of Periphas Capital Partnering Corp (PCPC).

Sanjeev was a founding member of Goldman Sachs' Principal Investment Area (“PIA”), the firm's private investing arm of its Merchant Banking Division (“MBD”), and over a 27-year tenure in the group, led 37 transactions with an invested cost of $4.8 billion. These included LBOs and growth capital investments in companies in the industrial, business services, technology and consumer sectors. He also served as a Partner of the Firm and on PIA's Investment Committee for 18 years.

Sanjeev has served on the boards of over 25 portfolio companies including Burger King, ARAMARK, Great Plains Software, Hexcel Corporation, SunGard Data Systems, Interline Brands, KAR Auction Services, Nalco, NetJets, among others. Sanjeev also serves as Chief Executive Officer and Chairman of the Board of Directors of Periphas Capital Partnering Corp (PCPC).

Sanjeev serves on the Board of Directors of the World Wildlife Fund. He also serves as a trustee of Oakham School Foundation and Friends of The Doon School. Sanjeev is a member of the Council on Foreign Relations, of The Economic Club of New York, and of the Committee of Undergraduate Resources (COUR) of Harvard College. He is a past Chairman of the Board of Trustees of Brunswick School and served as a trustee of Trout Unlimited.

Kevin Reddy

Senior Advisor

Kevin Reddy is a distinguished Quick Service Restaurant and Fast Casual veteran with extensive operational, C-suite executive and Independent Board Director experience.

Kevin Reddy is the former Chairman and CEO of Noodles & Company where he joined as president in 2005 and was named CEO in May 2006 and Chairman in May 2008. Under his leadership, the company quintupled to 500 restaurants nationwide and saw 30 consecutive quarters of double-digit revenue growth and positive same-store sales, and he oversaw the company's initial public offering. During Kevin's tenure, Noodles & Company had been the recipient of several notable awards and became one of the top restaurant chains to watch nationally.

Prior to joining Noodles & Company, Kevin was COO at Chipotle Mexican Grill. He was the company's first hire when it had just 13 locations in one major market after McDonald's purchased a majority stake in 1998. Kevin was instrumental in designing and building the infrastructure and culture to propel Chipotle to 420 units in 22 states in just seven years.

Kevin began his professional career with McDonald's in 1983 where he began as regional controller and moved into positions of escalating responsibility, including domestic field management, international staff management and home office operations positions. While at McDonald's, he gained significant experience in company and franchise operations, and other critical disciplines including real estate, marketing and finance. All of which aided his successful leadership role as senior regional manager responsible for more than 310 restaurants representing more than $420 million in sales.

Kevin's distinguished career achievements include being named Restaurant Business Magazine's Entrepreneur of the Year in 2009, Ernst & Young's Rocky Mountain Entrepreneur of the Year in 2010 and included on the Nation's Restaurant News 2010 "Top 10 to Watch" list as well as their 2014 Builders List, created to feature people who are taking restaurant brands to the next level.

Kevin has served as Chairman on the Boards of Qdoba Mexican Grill and &Pizza. His other selected board experience includes Whataburger, Chipotle Mexican Grill, Pirmanti Bros., and Guzman y Gomez.

Sam L. Susser

Senior Advisor

Sam L. Susser is the President of Susser Holdings II, L.P., a private investment company. He completed a BBA in Finance in 1985 from the University of Texas and started his finance career at Salomon Brothers in NY from 1985 to 1987 in the corporate finance division and in the mergers and acquisitions group, before returning to Texas in 1988 to assist with the family business.

From 1988 to 2014, Mr. Susser led the growth of Susser Holdings Corporation from a five store operation to a $6.7 billion enterprise that was a member of the Fortune 500 and employed 12,000 team members. The Company went public in 2006 and was traded on the NYSE as “SUSS” and its wholesale fuel division, Susser Petroleum Partners went public in 2012 and was traded as “SUSP”. After producing 26 consecutive years of same store merchandise growth, the business was sold to ETP on August 29, 2014, and Mr. Susser continued to serve as Chairman of the Board of SUSP (now renamed Sunoco LP “SUN”) until May 2015.

He is currently Chairman and CEO of Susser Bank, Chairman and CEO of the Corpus Christi Athletic Club, Chair of the Advisory Board of Advisory Research Partners Fund, member and immediate Past Chair of the Development Board at the University of Texas, Chair of the Finance and Strategic Planning Committee and member of the Executive Committee of the MD Anderson Board of Visitors, and a director of the Board of Southwestern Medical Foundation. He also serves as Chairman of the Governor's University Research Initiative. Additionally , he serves as Secretary/Board member of Citizens for Judicial Excellence in Texas, Secretary/Board member of Texas 2036, Past Chair of the Driscoll Children's Hospital System in South Texas, is a member of the Dallas Holocaust and Human Rights Museum Board and the Edwin L. Cox School of Business Executive Board.

A member of the Advisory Board of UT Austin's McCombs School of Business, Mr. Susser also serves on the Chancellor's Council Executive Committee at UT Austin and YPO Gold. In 2009, he was admitted to the Texas Business Hall of Fame. He was honored as Border Texan of the Year in 2013, CSP's Retailer of the Year in 2014 and named to the UT McCombs Hall of Fame in 2017.

Mr. Susser is married to Catherine G. Susser, a past president of the Corpus Christi Independent School District, Commissioner and Past Chair of the Governor's Commission for Women. They have three children 19, 22 and 24 years of age.

Chris Varelas

Senior Advisor

Chris Varelas is a founding partner of Riverwood Capital, a private equity firm focused on high growth technology and technology related companies in need of capital and expertise to scale on a global basis.

Prior to establishing Riverwood, Chris worked at Salomon Brothers/Citi as Global Head of Technology, Media & Telecom Investment Banking, Head of Citi's National Investment Bank, member of Citi's Global Operating Committee and Culture Czar for all of Citi. As an investment banker, Chris' primary focus was Mergers & Acquisitions, working on many of the landmark transactions that shaped the technology industry including Compaq/HP, Peoplesoft/Oracle, IBM/PWC, Lucent Fiber and Flextronics/Solectron. In addition, he was the lead team member for the Chapter Nine reorganization of the County of Orange, California. Chris was selected as one of the 100 most important deal makers by the New York Times and was named top “rainmaker' in the technology sector by Dealmaker Magazine.

He serves on the Board of Trustees for the Aspen Institute for which he is a senior moderator and for which he co-founded the Aspen Finance Leaders Fellowship program, created to produce effective enlightened leaders in the financial services industry. He also sits on the boards of Nextdoor, for which he serves as Lead Director, and Insider, and the Advisory Boards for Elemental Cognition, Expansion Capital, Streamlined Ventures, Global Ventures and the RAND Corporation's Center for Global Risk and Security.

Chris earned an MBA from the Wharton School of Business and a BA from Occidental College in Los Angeles, California for which he serves on the Board of Trustees and leads the Investment Committee. Chris was selected as the 2020 Occidental Seal Award recipient for Professional Achievement.

Chris is the author of How Money Became Dangerous, the inside account of our turbulent relationship with modern finance.