by TheDeal.com staff (compilation) | Published July 17, 2008 at 7:01 AM
Icahn nomineeBrian S. Posner is a private investor. From 2005 through March 2008, he served as chief executive officer and co-chief investment officer of ClearBridge Advisors LLC (and its predecessor company, CAM North America), an asset management company based in New York with approximately $90 billion in assets and a wholly owned subsidiary of Legg Mason Inc. Prior to ClearBridge Advisors, he was a co-founder and the managing partner of Hygrove Partners LLC, a hedge fund company that was formed in 2000.
Prior to ClearBridge Advisors and Hygrove Partners, he served as a portfolio manager and an analyst, first at Fidelity Investments from 1987 to 1996 and then at Warburg Pincus Asset Management/Credit Suisse Asset Management from 1997 to 1999. At Warburg Pincus Asset Management/Credit Suisse Asset Management, he was a managing director and served as the senior investment manager of the Value Equity Group, co-portfolio manager of the Warburg Pincus Growth & Income Fund, and portfolio manager of the Warburg Pincus Institutional Value Fund and the Warburg Pincus Trust, Growth and Income Fund. Prior to the acquisition of Warburg Pincus Asset Management ("WPAM") by Credit Suisse Asset Management in July 1999, he was co-chief investment officer, director of research, chairman of the Global Asset Allocation Committee, and a member of the Executive Operating Committee at WPAM.
At Fidelity Investments, he was the portfolio manager of the Fidelity
Equity Income II Fund from 1992 to 1996 and the Fidelity Value Fund
from 1990 to 1992. He also managed the Select Life Insurance, Select
Property Casualty Insurance and Select Energy Portfolios. From 1987 to
1990, he was an oil, insurance and financial services analyst. From
August 2000 to April 2003, he served on the board of directors for
Sotheby's Holdings Inc. He [is] currently a member of the Board of
Trustees at Northwestern University and the Board of Visitors for the
Weinberg College of Arts and Sciences at Northwestern University. Mr.
Posner received his undergraduate degree in history from Northwestern
University in 1983 and his M.B.A. in finance from the University of
Chicago Graduate School of Business in 1987. Source: Icahn open letter to Yahoo! directors from PR Newswire via Bnet
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