Gerald E. Morris – Chairman of the Board
Gerald E. Morris is a founding shareholder of Beacon Trust Company and has served on the board since the company’s inception. He is presently Chairman of the Board.
Mr. Morris is Director and Chairman of the Audit Committee for SIMS Metal Management, Inc., the largest scrap and electronics recycling company in the United States. Additionally, he currently serves as President and Chief Executive Officer of Intalite International N.V., a diversified holding company.
Mr. Morris previously served as Chairman of the Board of Directors of Allmet Building Products and as a Director of Rexel, Inc., Metals USA and Tivoli Industries, Inc. He also served as trustee of the Blanchard Group of Mutual Funds.
He earned a B.A. in Business Administration from the University of Connecticut and is a Certified Public Accountant.
Fred S. Fraenkel - Vice-Chairman, Chairman of Investment Policy Committee
Mr. Fraenkel has over 30 years of investing experience including membership in Barron's year-end roundtable from 1982 to 1985 and heading Global Research at Lehman Brothers in the early 90's. He currently is Chairman of Millennium 3 Capital, a venture firm specializing in early stage companies. Before founding Millennium 3 Capital in 2000, Mr. Fraenkel served as Vice Chairman of ING Barings Furman Selz and Chief Operating Officer of Furman Selz.
Prior to joining Furman Selz in March 1995, Mr. Fraenkel spent seven years at Lehman Brothers, Inc., where he was a Managing Director and Director of Global Research overseeing 110 analysts located in New York, London, Tokyo, and Hong Kong. As Global Research Director, he participated in managing the department's ascension in the Institutional Investor poll from a rank of 15th in 1987 to 1st in 1990, 1991, and 1992.
Before Lehman Brothers, Mr. Fraenkel was Chairman and Chief Executive Officer of Market America Group, an investment advisory firm. He also spent four and a half years as Director of Equity Research and a member of the Board of Directors at Prudential Securities. He began his Wall Street career in 1974 as a Securities Analyst with Goldman Sachs & Company and was Chief Investment Strategist for E.F. Hutton from 1980 to 1982.
Mr. Fraenkel received a B.S. in Economics and Finance from Lehigh University and an M.B.A. from the Wharton School, University of Pennsylvania. He was elected to membership of Beta Gamma Sigma and Omicron Delta Epsilon, the national business school and economics honorary societies. He is a past Chairman of the Board of Advisors of the College of Business and Economics of Lehigh University. Mr. Fraenkel is a member of the New York Society of Security Analysts and the CFA Institute. He is also a member of the Board of Directors of Invention Machine Corporation and The Gerson Lehrman Group.
Marc L. Paley – Board Member, Chief Executive Officer & President
Marc Paley spent over 18 years at Lehman Brothers, Inc., where he was a Managing Director and held several senior management positions through 2007.
During his time at Lehman Brothers, Inc., Mr. Paley was Global Head of Equity Capital Markets and Global Head of the U.S. Equities Business. In these capacities, Mr. Paley managed over 750 people worldwide in Capital Markets, Trading, Sales, and Research. Mr. Paley was a member of the firm-wide Management Committee, Global Investment Banking Executive Committee, and the Global Equities Executive Committee.
Additionally, he spent two years as Chief Operating Officer of the Global Trading Strategies Group, where he was responsible for 20 professionals, managing $5 billion invested in Equities, Fixed Income, and Private Equity.
Mr. Paley spent 2007 as acting CEO and Supervisory Board member of Meridian 10 Holding AG, a German Shipping Investment Company. He was a founder of Meridian 10 while employed at Lehman Brothers, Inc.
Mr. Paley is currently a member for the Board of Trustees of Lehigh University and holds positions on the Investment sub-Committee of the Lehigh Endowment and the Executive Committee Advisory Board for the College of Business and Economics. He earned his B.S. from Lehigh University and his M.B.A. from Columbia University. Mr. Paley also holds the CPA designation.
Marshall B. Tycher – Board Member
Marshall Tycher is a founding partner and President of Roseland Property Company, a private real estate development organization located in Short Hills, New Jersey. The company presently operates 4,000 apartment homes from Virginia to Boston and has a commercial portfolio of over 1.5 million square feet of office, warehouse, and retail facilities.
Roseland specializes in urban, waterfront redevelopment and mixed-use infill communities. Its flagship community, Port Imperial, is an 8 million square feet master plan community on the Hudson River facing mid-town Manhattan. The company is currently developing over 3,000 luxury apartments and condominiums and 400,000 square feet of specialty retail centers in Williamsburg and Norfolk, Virginia, Manhattan, northern New Jersey, and greater Boston, Massachusetts. Rosleand has numerous active joint ventures with Prudential Real Estate Investors, Milstein Brothers, and Lennar Urban Homes.
Mr. Tycher received a B.S. in Business Administration from the University of Denver and a Juris Doctorate from Southern Methodist University. He is a member of the Texas State Bar.
David Solimine – Board Member
David Solimine is a Vice President for Wells Fargo Insurance Services, Inc., the largest bank-affiliated insurance brokerage firm in the United States. Prior to joining Wells Fargo, Mr. Solimine was President of Sales and Marketing for EMAR Group, Inc. from 2001 until 2008, when it was acquired by Wells Fargo Insurance Services. He served as Head of Marketing for Princeton Securities from 1999 until 2001. Mr. Solimine received a B.S. in Business/Economics from Brown University.
Michael Jamison – Board Member
Mr. Jamison has more than 25 years of investment and business experience. As President and Chief Executive Officer of Jamison Prince Asset Management, Michael oversees investment strategy and process.
Before joining Jamison Prince Asset Management in 2001, Michael was a partner at Brandywine Asset Management for seven years, where he was the Founder and Chief Investment Officer for the Private Client business. In that capacity, he was responsible for managing equity and balanced portfolios for institutional and individual clients. Michael also served on the firm's Executive Committee as well as the Board of Directors. Prior to Brandywine, Michael spent five years as a Managing Director with Mitchell Hutchins Asset Management, Inc. and Chief Investment Officer of its subsidiary, PaineWebber Asset Management. For the previous seven years, Michael was at E.F. Hutton and Company, where he was a First Vice President and Chief Investment Officer of its subsidiary, Hutton Directions Management. Prior to that, Michael was a Portfolio Manager at Bankers Trust.
Michael holds a B.A. in economics from Baldwin–Wallace College and an M.B.A. in finance from Fairleigh Dickinson University.