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Eugene C. Sit

Eugene C. Sit, Chinese, American investment executive. Certified Public Accountant, Illinois; Chartered Financial Analyst.

Background

  • Sit, Eugene C. was born on August 8, 1938 in Canton, China. Son of Hom Yuen and Sue (Eng) Sit.

  • Education

    • Bachelor of Science, DePaul University, 1960. Postgraduate, Graduate School Business, 1965.

    Career

    • Financial analyst Commonwealth Edison, Chicago, 1960-1966, finance assistant to chairman finance committee, 1966-1968. Associate portfolio manager Investors Stock Fund, Investors Diversified Services, Minneapolis, 1968-1969. Portfolio manager IDS New Dimensions, IDS Growth Fund., 1972-1976.

      President IDS Advisory, 1976-1977, president, Chief Executive Officer, 1977-1981. Chief Executive Officer IDS Trust Company, 1979-1981. Chairman, Chief Executive Officer IDS Advisory/Gartmore International Ltd., 1979-1981.

      Chairman, Chief Executive Officer, global investment officer Sit Investment Associates, Inc., Minneapolis, from 1981. Chairman Sit/Kim International Investment Associates, Inc. Chairman, president, director Sit Mutual Fund Group.

      Board directors Corning, Inc., Smurfit Stone Container.

    Major achievements

    • Certified Public Accountant, Illinois. Chartered Financial Analyst.

    Membership

    Founder, director, chairman Minnesota Military Appreciation Fund. Board visitors University Minnesota Medical School. Member international council University Minnesota Carlson Graduate School Management.

    Member of Minnesota History Society (honorary council), Spring Hill Golf Club, Rancho LaQuinta Country Club, World Trade Club (San Francisco), Edina Country Club, Minneapolis Club, Chicago Club, University Club (New York ).

    Connections

    • Married Gail V. Chin, September 14, 1958. Children: Ronald, Debra, Roger, Raymond, Robert, Richard.
    • father: Hom Yuen Sit
    • mother: Sue (Eng) Sit
    • spouse: Gail V. Chin
    • children: Ronald Sit
    • Debra Sit
    • Roger Sit
    • Raymond Sit
    • Robert Sit
    • Richard Sit
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    Born August 8, 1938
    Died June 24, 2008
    (aged 69)
    • 1960
      DePaul University
    • 1965
      Graduate School Business
    • 1960 - 1966
      Financial analyst, Commonwealth Edison
      Chicago, Illinois, United States
    • 1968 - 1969
      associate, portfolio manager Investors Stock Fund
      Minneapolis, Minnesota, United States
    • 1972 - 1976
      portfolio manager, IDS New Dimensions
    • 1979 - 1981
      Chief Executive Officer, IDS Trust Company
    • 1979 - 1981
      chairman, IDS Advisory/Gartmore International Limited
    • 1979 - 1981
      Chief Executive Officer, IDS Advisory/Gartmore International Limited
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