Cortland Associates, Inc
Cortland Associates Advisory Board Biographies
William M. Carey, President & Chief Investment Officer
Mr. Carey began his career in 1980 as the investment advisor to the Dalsemer Company, a privately held investment group based in New York. There he was active in investments in the areas of equities, bonds, private placements and venture capital. In 1981, he joined Bernstein-Macaulay, Inc., a subsidiary of American Express, to manage institutional funds. In addition to his responsibilities as a securities analyst, he led several client projects pertaining to merger and acquisition activities.
From 1982 to 1985, Mr. Carey was a manager at Garrison, Keogh & Company, Inc., a New York investment firm. From 1986 until co-founding Cortland Associates in 1989, he served as vice-president of Eidelman, Ullman and Finger, a St. Louis based investment counselor.
Mr. Carey attended the University of Chicago and received his B.A. from Columbia College, Columbia University, where he serves on the National Alumni Council. Mr. Carey also serves on the Board of Trustees of The Music Hall Center (Detroit), La MaMa Theatre (New York), Jazz St. Louis and the Saint Louis Symphony Orchestra.
Thomas R. Podlesny, Chief Operating Officer
Mr. Podlesny began his career in 1983 as a quantitative equity and fixed income analyst for Merrill Lynch Pierce Fenner & Smith. In 1986, he became a principal of Performance Analytics, a leading provider of investment consulting and performance evaluation services to domestic retirement plans.
Mr. Podlesny joined Cortland Associates as the director of marketing and portfolio manager in 1992. In addition to his portfolio management responsibilities at Cortland Associates, Mr. Podlesny is an Adjunct Professor of Finance at Washington University in St. Louis, Missouri, and active in a number of charitable organizations including the Anti-Defamation League, Old News Boys and A World of Difference.
Mr. Podlesny received his B.S. from Elmhurst College in Elmhurst, IL and his M.B.A. from DePaul University in Chicago, IL.
Robert K. Crutsinger, Executive Vice President
Mr. Crutsinger has had a distinguished forty-year career as a business executive. Prior to joining Cortland Associates, Mr. Crutsinger was President & Vice Chairman of Wetterau, Inc. of St. Louis, Missouri.
Mr. Crutsinger began his career in 1957 with NCR where he became a manager of major corporate accounts. In 1965, Mr. Crutsinger joined Wetterau, Inc., a large national food wholesaler. He rapidly advanced from Executive Vice President to President & Vice Chairman prior to Wetterau being acquired in 1992. Mr. Crutsinger serves on a number of corporate and not-for-profit boards.
Mr. Crutsinger received his B.S. from Quincy College in Quincy, Illinois.
Murray L. Weidenbaum, Economic Advisor & Partner
Dr. Weidenbaum is one of America's most widely quoted economists. He holds the Mallinckrodt Distinguished University Professorship at Washington University, where he also serves as honorary chairman of the University’s Weidenbaum Center on the Economy, Government and Public Policy. From January 1981 to August 1982, he served as President Reagan's first Chairman of the Council of Economic Advisors.
Dr. Weidenbaum has written ten books and numerous articles for such major publications as Fortune and The Wall Street Journal. He served on the boards of directors of the May Department Stores Company, Beatrice Food, Tesoro Petroleum, Contel and the Harbour Group.
A graduate of the City College of New York, Dr. Weidenbaum received his M.A. from Columbia University and his Ph.D. from Princeton University.
Arthur Charpentier, New York Advisory Board Member
Mr. Charpentier is the president of Merritt Research Corporation since 1987. Prior to that, he worked as a securities analyst at Lehman Brothers and Goldman Sachs & Company for 14 years until 1987, at which time he founded Merritt Research and two related private investment partnerships, which Merritt advises.
Mr. Charpentier has an MBA from Columbia Business School.
Robert R. Grusky, New York Advisory Board Member
Mr. Grusky helped to establish New Mountain Capital in January 2000. Most recently, Mr. Grusky had been the president of RSL Investments, the primary investment vehicle of Ronald S. Lauder, and a senior advisor to Mr. Lauder since April 1997. Prior to joining Mr. Lauder, Mr. Grusky was a senior professional in the Principal Investment Area of Goldman Sachs from 1993 to 1997 and a member of the Mergers & Acquisitions Department of Goldman Sachs from 1985 to 1993.
Mr. Grusky took a leave of absence from Goldman Sachs during 1990 to 1991 after being selected as a White House Fellow and served as Assistant for Special Projects to then Secretary of Defense Dick Cheney. Mr. Grusky was awarded the Joint Meritorious Unit Award for service during Desert Shield/Desert Storm.
Mr. Grusky received his B.A., cum laude and with departmental honors in history, from Union College in 1979 and received his M.B.A., with distinction, from Harvard Business School in 1985. Mr. Grusky is a director of Strayer Education, Inc., Surgis, Inc. and National Medical Health Card Systems, Inc. He is general partner of Hope Capital Partners, L.P., a private investment partnership that invests in the public equity markets.
James C. Janning, St. Louis Advisory Board Member
Mr. Janning is currently Group President at Harbour Group Ltd., a St. Louis based private equity firm, where he has been employed since 1987. Previously, he held various positions at Emerson Electric Co. including Division President, Vice President of Manufacturing, and Group Vice President. Mr. Janning is also the Chairman of Federal Signal Corporation, a Director of Menasha Corporation, and an Advisor to The Republic of Tea.
Mr. Janning holds a B.S. degree from the University of Missouri-Columbia and an MBA from the University of Missouri-St Louis. His volunteer activities include being a director of the Door County Land Trust.
John R. Jordan, Jr., St. Louis Advisory Board Member
Mr. Jordan is a retired vice chairman of PriceWaterhouse (now PricewaterhouseCoopers). In his thirty five years with Price Waterhouse, he served on the firm's Policy Board and Management Committee and the World Board and as World Leader of the Accounting and Business Advisory Services practice.
After retirement, he taught in the MBA program at Saint Louis University and served as Administrative Director of Civic Progress, a St. Louis civic organization comprising CEOs of leading St. Louis companies.
He serves on the boards of Furniture Brands International, Fiduciary Counseling, Inc. and BJC Healthcare (where he chairs the Pension and Investment Committee).
F. Scott Kieff, St. Louis Advisory Board Member
Mr. Kieff is a law professor at Washington University School of Law and a Senior Fellow at Stanford University's Hoover Institution, who specializes in patent law and policy.
Having graduated with a degree in Molecular Biology and Microeconomics from MIT and a law degree from the University of Pennsylvania, he clerked for the Dean of American Patent Law, Judge Giles Rich, on the US Court of Appeals Federal Circuit, and practiced as a trial lawyer and patent lawyer for seven years in New York and Chicago.
Mr. Kieff serves regularly as a consulting and testifying expert for law and business firms and the US and foreign governments. He also focuses on alternative dispute resolution techniques and structuring transactions to avoid and resolve disputes and was selected by the Federal Circuit to serve on the court's new panel of mediators.
Carrol A. Muccia, Jr., New York Advisory Board Member
Mr. Muccia is a portfolio manager with 40 years of investment research experience. Mr. Muccia joined First Manhattan Company in 1973, and he works with his son Timothy, who joined the firm in 1999. Mr. Muccia has four children, and lives with his wife in Rye, New York.
Mr. Muccia received a B.S. from College of The Holy Cross and an MBA from Wharton School, University of Pennsylvania.
Heschel J. Raskas, St. Louis Advisory Board Member
Dr. Raskas was the President and CEO of Raskas Foods, Inc., the leading manufacturer of store-brand cream cheese products, before it was acquired by Schreiber Foods, Inc. in 2002. Prior to assuming his position at Raskas Foods in 1980, Dr. Raskas was a Professor of Pathology and Microbiology and the Director of the Center for Basic Cancer Research at Washington University School of Medicine. His research focused on viruses that cause tumors.
Dr. Raskas holds a B.S. in Life Sciences from Massachusetts Institute of Technology and a Ph.D. in Biochemistry and Molecular Biology from Harvard University. He currently serves on the advisory boards of Solon Gershman, Inc., Gershman Investment Corp. and The Republic of Tea, and is the Immediate Past President of the Jewish Federation of St. Louis. Since 2007 Dr. Raskas has served on the Board of Innovate St. Louis, an organization focused on strengthening entrepreneurial activity in St. Louis. In that capacity he serves as Chair of the Innovate Venture Mentoring Service, a voluntary mentoring program for entrepreneurial initiatives.
Edward Stiften, St. Louis Advisory Board Member
Mr. Stiften was Executive Vice President and Chief Financial Officer at Express Scripts until his retirement in April 2008. Prior to his position with Express Scripts, Mr. Stiften was Vice President and Chief Financial Officer at BJC HealthCare, a hospital and healthcare organization. From 1979 to 1995 Mr. Stiften worked at General Dynamics, where he held many accounting and finance positions culminating with the positions of Corporate Controller and head of Internal Audit.
William N. Thorndike, New York Advisory Board Member
Mr. Thorndike founded Housatonic Partners in 1994. Prior to that, Mr. Thorndike worked with the Walker Publishing Company and T. Rowe Price Associates.
Mr. Thorndike is a graduate of Harvard College and the Stanford Graduate School of Business. He is a Director of Access Information Management; Alta Colleges; Continental Fire & Safety Services, LLC; Carillon Assisted Living, LLC; Rapid Communications, LLC ; and a Trustee of the Groton School.
Bruce G. Wilcox, New York Advisory Board Member
Mr. Wilcox began his Wall Street career in 1984 at Central National-Gottesman (VP, Investment Division) after working as a lending officer at Continental Illinois National Bank. He joined Cumberland Associates in 1986, became a General Partner in 1990 and a Member of the Management Committee in 1997. He became Chairman of the Management Committee in 1998. Mr. Wilcox’s industry expertise includes energy, financial services (including financial technology), and healthcare.
Mr. Wilcox has a BA with honors from the University of California, 1977 and a Masters in International Management from The American Graduate School of International Management, 1980. He is a Trustee and Chairman of the Investment Committee of Teachers College of Columbia University, a Trustee and Chairman of the Investment Committee of The UCSB Foundation, a Trustee and Chairman of the Investment Committee of The Brearley School and a Trustee of The Manhattan Institute.
Timothy S. Zweiback, St. Louis Advisory Board Member
Mr. Zweiback is President and founder of Zweiback Capital Management, Inc. Prior to founding Zweiback Capital, Mr. Zweiback was with the Minneapolis Investment Banking firm, Dain Rauscher, Inc. Besides having served as an advisor to Cortand since the firm's inception, Mr. Zweiback serves on the Boards of Midstates Banks of Iowa, a multi-bank holding company, Midwest Land Development Corporation, an integrated real estate development, management and investment firm and The Reader, an Omaha based publisher of weekly news and advertising magazines. In addition to these for-profit endeavors, Mr. Zweiback serves as a Director of the C.W. Youth Resource Center, one of the Midwest’s oldest and best known organizations serving the need of at risk youth and is Chair of Princeton University's Missouri Valley Alumni Schools Committee. He also works closely with the Bemis Center for Contemporary Arts and the Jewish Federation of Omaha.