D. Ronald Daniel was named chairman of Ripplewood Holdings, replacing...

D. Ronald Daniel was named chairman of Ripplewood Holdings, replacing Matthew O. Diggs Jr., whose term expired. Mr. Daniel, previously a managing partner of McKinsey, is also treasurer of Harvard University, a member of its Board of Overseers and chairman of Harvard Management, which manages $15 billion in mostly endowment assets for Harvard. Mr. Daniel will continue as a director of McKinsey.