Bachelor, New York University, 1964. Master of Business Administration, Columbia University, 1970.
With Shearson Lehman Hutton, New York City, Chief Financial Officer, vice chairman, 1983-1984, chief operating officer, 1984-1987, president, chief operating officer, 1987-1990. President Primerica Holdings, 1990-1994. Vice chairman Smith Barney Harris Upham & Company Inc., Smith Barney, Shearson, Incorporated, New York York City, Travelers Group, Inc.
Chief administrative officer Neuberger Berman, New York City, 1998—1999, president Chief Executive Officer, 1999—2003. Vice chairman Lehman Brothers Holdings Inc., 2003—2007. Chairman, Chief Executive Officer Bear Stearns Asset Management Incorporated, New York York City, 2007—2008.
Chief Executive Officer Modern Bank NA, since 2008. Board directors, Willis Group Holdings, Ltd., since 2008.
Board of directors Woodmere Academy, New York, Long Island Jewish Hospital Served to First lieutenant United States Army, 1966-1968.
Married Nancy Stern, June 24, 1982.