Bachelor of Arts, City College of New York, 1962; Doctor of Philosophy, University Minnesota, 1967.
Assistant professor applied economics University California, Berkeley, 1966-1972. Vice president, chief economist Chicago Board Trade, 1972-1975. Vice president ContiCommodity Services, Chicago, 1975-1982.
Director ContiFin division ContiCommodity Services, 1975-1982. Senior vice president institutional finance futures Drexel Burnham Lambert, Inc., 1982-1990. President, Chief Executive Officer Indosuez International Capital Markets, 1990-1993.
Chairman Indosuez Carr Futures, 1990-1991, Hedge Finance subsidiary CNA, since 1997. Chairman, Chief Executive Officer Environmental, Finance Products, since 1998. Member Chicago Board Trade, since 1975, board directors, vice chairman, 2d vice chairman, 1996-1998.
Executive managing director Kidder, Peabody Incorporated, New York York City, 1991-1994, Non-resident Director, CBOT. President, Chief Executive Officer Centre Finance Products Ltd., 1993-1998. Chairman, Chief Executive Officer, Environmental Finance Products LLC, since 1998, member Index and Option Market, since 1983.
Senior advisor PriceWaterhouseCoopers LLP, since 1999. Board directors Chicago Mercantile Exchange, chairman, Hedge Finance Products, Inc., 1997-1999. Director, Sustainable Asset Management/Sustainable Performance group.
Internatl. Advisory Board of Maché à Terme Internatl. de France (MATIF). Board directors, Finance Products Advisory Committee of The Commodity Futures Trading Commission, Benfield and Rea Investment Trust, Bear Stearns Finance Products, Inc., Ben Stearns Trading Risk Management, Inc., Altra Energy Board, Altra Electronic Advisory Board, Center for Sustainable Development in Americans, Nextera Enterprises, Inc. Visiting scholar, Northwestern University, since 1999, board visitors of Internatl.
Progressive Center, University Oklahoma, International Center Photography, New York City, First Federal Savings & Loan Association of Chicago, School Art Institute Chicago, Patsyss. plc, since 2000. Visiting scholar Northwestern University, 1972-1974. Martin C. Remer visiting Distinguished professor finance Graduate School Management, 1974-1975.
Consultant agribusiness organizations, securities firms, banks, foreign exchanges, governments, since 1969. Member faculty New York University, 1964. Member faculty University Minnesota, 1963-1967.
Member faculty Stanford University, 1969. Distinguished adjunct professor Graduate School Business Columbia University, 1993. Expert advisor United Nations Conference on Trade and Development.
Guest lecturer various universities, committees and boards, Banking and Research Center, Northwestern University, Columbia University Futures Center. Board directors Central and Southwest Corporation Dow Jones Sustainability Group Index GmbH. Life member London International Finance Future and Options Exchange, London Clearing House.
Vice chairman board governors School of Art Institute of Chicago. Board directors Lincoln Park Zoological Society, since 1985. Member American Economic Association, Econometric Society, American Finance Association, American Agricultural Economics Association Clubs: Union League of Chicago.
Married Ellen Ruth Simon, June 27, 1963. Children: Julie, Penya.