Henry Schacht is an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 businessman, a former chairman and chief executive officer

Chief executive officer

A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of Cummins

Cummins

Cummins Inc. is a Fortune 500 corporation that designs, manufactures, distributes and services engines and related technologies, including fuel systems, controls, air handling, filtration, emission control and electrical power generation systems...

 Diesel (1973–1994), and later CEO of Lucent Technologies

Lucent Technologies

Alcatel-Lucent USA, Inc., originally Lucent Technologies, Inc. is a French-owned technology company composed of what was formerly AT&T Technologies, which included Western Electric and Bell Labs...

. He assumed the latter role in a transitory capacity upon Lucent's spinoff from AT&T

AT&T

AT&T Inc. is an American multinational telecommunications corporation headquartered in Whitacre Tower, Dallas, Texas, United States. It is the largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services...

, and served from 1995 to 1997. Mr. Schacht was brought back in 2001 to replace Richard McGinn, who had served as Lucent's CEO during the intervening years.
He is currently the managing director and senior advisor of the private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 firm Warburg Pincus

Warburg Pincus

Warburg Pincus, LLC is an American private equity firm with offices in the United States, Europe, Brazil and Asia. It has been a private equity investor since 1966...

 LLC New York

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

.