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Lon Gorman

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LON GORMAN is the retired Vice Chairman of The Charles Schwab Corporation and President of Schwab Institutional and Asset Management. Schwab Institutional and Asset Management consisted of four principal business groups: Charles Schwab Capital Markets, Services for Investment Managers, Asset Management Products and Services, and Schwab Corporate Services. Mr. Gorman was a member of the Executive Committee of The Charles Schwab Corporation. Mr. Gorman has worked in the securities industry for over 40 years and has been an leader in the democratization of the markets and an advocate for investors both large and small. Mr. Gorman joined Schwab in June 1996 following 16 years at Credit Suisse First Boston, where he was Managing Director and head of global equity trading. Prior to CSFB, he was a partner at F. Eberstadt & Co. with responsibility for institutional sales and trading. Mr. Gorman currently serves as Chairman of the Board of Directors of NYFIX, Inc. (a leader in technology solutions for the financial marketplace). He served on the Board of the National Organization of Investment Professionals (NOIP), and was an Advisory Board member of Pace University’s Lubin School of Business. He has also served as Vice Chairman of the Board of Directors of the Securities Industry Association (SIA), Co-Chairman of the SIA Market Structure Committee, and as a member of the SIA Public Trust & Confidence Committee as well as the New York Stock Exchange and NASDAQ Quality of Markets Committees. He attended Adelphi University. In May of 2008 he received an Honorary Doctor of Laws Degree from Adelphi University.