Background
Herrmann, Lacy Bunnell was born on May 12, 1929 in New Haven. Son of James Joseph and Helen Georgia (Bunnell) Herrmann.
entrepreneur venture capitalist company executive
Herrmann, Lacy Bunnell was born on May 12, 1929 in New Haven. Son of James Joseph and Helen Georgia (Bunnell) Herrmann.
AB, Brown University, 1950. Postgraduate, London School of Economics, 1954. Master of Business Administration, Harvard University, 1956.
Assistant to purchasing manager and buyer, Westinghouse Elec. Corporation, Metuchen, New Jersey, 1956-1960;
assistant vice president, Douglas T. Johnston & Company, Inc., New York City, 1960-1966;
vice president, Johnston Mutual Fund, Inc., New York City, 1964-1966;
general partner, Tamarack Associations, New York City, 1966-1984;
Chairman of the Board, president, Family Home Products, Inc., New York City, 1972-1984;
Chairman of the Board, president, Buxton's Country Shops, Jamesburg, New Jersey, 1973-1986. Founder, president STCM Corporation, moneymarket fund, New York City, 1974-1976.
Vice chairman of the board of trustees, vice president Centennial Capital Cash Management Trust, New York City successor to STCM Corporation, 1976-1981. Chairman of the board of trustees, president successor fund Capital Cash Management Trust, since 1981. Founder, chairman of the board of trustees, president Trinity Liquid Assets Trust, 1982-1985, Oxford Cash Management Fund, 1982-1988, Prime Cash Fund, since 1982, Cash Assets Trust (name now Pacific Capital Cash Assets Trust), since 1984, Short Term Asset Reserve, since 1984, HawaiianTax-Free Trust, since 1985, Churchill Cash Reserve Trust, since 1985, Tax Free Trust Arizona, since 1986, Tax Free Trust Oregon, since 1986, Tax Free Fund Colorado, since 1987, Churchill Tax-Free Fund Kentucky, since 1987, Tax-Free Cash Assets Trust (name now Pacific Capital Tax-Free Cash Assets Trust), since 1988, United States Treasuries Cash Assets Trust (name now Pacific Capital United States Treasuries Cash Assets Trust), since 1988, Cascades Cash Fund, since 1989, Narragansett Insured Tax Free Income Fund, since 1992, Tax Free Fund for Utah, since 1992.
Chairman, Chief Executive Officer Aquila Management Corporation, since 1983. Board directors, vice president Aquila Distbrs. Inc., since 1981, distributor mutual funds.
Board directors Quest for Value Fund Investment Trust, Quest for Value Accumulation Trust, Quest Cash Reserve, Inc.;trustee Oppenheimer/Quest group funds global Value Fund, since 1994, Oppenneimer Rochester Funds. Organizer, board directors and/or consultant to numerous small to medium sized-corporations and organizations. Founding director management consultant firm merged with Towers, Perrin, Forster & Crosby.
Instructor Rutgers University,1958-1959. Chairman, president of the board directors In-Cap Management Corp, since 1984. Speaker various professional investment organizations.
Organizer, trustee endowed award International division Graduate School Journalism, Columbia University, since 1962. Trustee Memorial and Endowment Trust of St. Paul's Church, Westfield, New Jersey, 1968-1996. Member capital development committee St. Luke's Church, Darien, Connecticut, 1978-1985, member college scholarship fund committee, 1976-1985.
Trustee Brown University, 1990-1996, trustee emeritus, since 1996, Hopkins School, New Haven, 1993-2003. Lieutenant (junior grade) United States Navy, 1951-1954, Korea. Lieutenant United States Naval Reserve retired.
Member New York Society Security Analysts, Harvard Business School Club New York (board directors, officer, 1958-1971), Associate Alumni Brown University (board directors 1978-1987, executive committee 1980-1985, president 1983-1985), Harvard Club, New York Athletic Club, Brown University Club, Brown University of Fairfield Country Club (president 1977-1982, board directors since 1977), University Club (Rhode Island), Faculty Club Brown University, Stratton Mountain Country Club, Orleans Yacht Club, Arizona Club, Eastward Ho, Chatham Massachusetts, Outrigger Canoe Club (Honolulu), Lahaina Yacht Club (Maui).
Married Elizabeth Ocumpaugh Beadle, May 23, 1953. Children: Diana Parsons, Conrad Beadle.