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Peter M. Welber
Chief Executive Officer, Board Director
Mr. Welber is Chief Executive Officer and Board
Director of ASB Capital Management. Prior
to joining ASB Capital Management, he was President of Wachovia
Trust Company and, before that, First Union Trust Company
in Charlotte, North Carolina. Earlier, Mr. Welber was President
and Chief Executive Officer of CoreStates Asset Management,
and Chief Operating Officer of Meridian Asset Management
in Philadelphia. He began his career in the Trust Department
of The Riggs National Bank, and spent twenty-one years with
Riggs, the last seven years as the Senior Vice President
and Senior Trust Officer. He received his undergraduate degree
in Mathematics from Bucknell University and his Juris Doctor
from Case Western Reserve University School of Law. He is
also a graduate of the National Graduate Trust School at
Northwestern University. He is a member of the Economic Club
of Washington and serves on the Board of the Community Foundation
of Montgomery County.
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Shepard Burr
President
Mr. Burr is President of ASB Investment Management. Prior
to joining ASB Capital Management, Mr. Burr was Senior Vice
President of Landon Butler & Company, an investment management
firm, where he was Co-Chairman of the Operating Committee
of the Multi-Employer Property Trust, an equity real estate
fund with more than $4 billion in assets. In his career,
he has developed and/or been involved in the management of
twelve equity, fixed income, real estate, and venture capital
funds (eight of which he co-founded), totaling $12.5 billion
in assets. Mr. Burr previously was a Division Partner in
Philadelphia with Trammell Crow Company, a national real
estate development and services firm, where he oversaw retail
development and managed one of the two regional offices.
Prior to that he was in the brand management division at
Procter and Gamble in Cincinnati. He is a graduate of Dartmouth
College, and a member of the Arena Stage Corporate Board
and Leadership Greater Washington.
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Kevin D. Moore, CFA
Manging Director, Director of Equity Investments
Mr.
Moore is responsible for active equity portfolio management
at ASB Investment Management and is a member of the ASB
Equity Council. He has 25 years of portfolio management
experience. Mr. Moore began his career as a securities
analyst at the Ohio Company, and then became Senior Portfolio
Manager at First of America Corporation. He next moved
to the Monetta mutual fund complex as Senior Portfolio
Manager, and soon thereafter was promoted to Chief Investment
Officer responsible for oversight and direction of six
of Monetta’s seven mutual funds: The Monetta Fund,
and the Monetta Large-Cap Equity, Mid-Cap Equity, Small-Cap
Equity, Balanced, and Intermediate-Bond Funds. Two of
these funds were ranked number one by Lipper Analytical
Services during respective 12-month periods. Mr. Moore
earned an undergraduate degree from Greenville College
and an MBA from the University of Michigan. He is a CFA
charterholder.
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Michael J. Stafford, Jr., CFA
Managing
Director, Director of Fixed Income Investments
Mr. Stafford is Managing Director and Director of Fixed Income Investments
for ASB Investment Management and is a member of the ASB Fixed Income Council.
He has 25 years of experience in the institutional fixed income business,
and previously served as Chief Investment Officer of The St. Paul’s
(now Travelers) life insurance subsidiary, and Portfolio Manager with Bank
of America, Legg Mason, and First National Bank of Maryland. Mr. Stafford
is a CFA charterholder, a past president and director of The Baltimore Security
Analysts Society, and has taught investment analysis in the MBA program at
Johns Hopkins University. He is a graduate of Georgetown University and earned
an MBA from Loyola College of Baltimore.
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Martin J. McLaughlin
Managing
Director
Mr.
McLaughlin is Managing Director of ASB Investment Management
and is a member of the ASB Fixed Income Council. He previously
served as President of Killian Asset Management from
1997 until the firm's acquisition by ASB Investment Management
in 2005. Before joining Killian, Mr. McLaughlin was Marketing
Manager for two Fortune 500 companies: Pitney Bowes and
SmithKline Beecham. Prior to that, he was an Investment
Analyst at Investment and Capital Management Inc. Mr.
McLaughlin earned a degree in Business Administration
from Illinois Wesleyan University.
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Ronald F. Perrone, CFA
Director of Client Services
Mr. Perrone is responsible for overseeing client service activities and is
a member of the ASB Equity and Fixed Income Councils. He has 43 years of
investment experience and joined ASB Investment Management in March 2000.
Prior to that, he was a Managing Director with Allied Investment Advisors
and Director of Marketing with Legg Mason. Mr. Perrone previously had his
own investment consulting firm. He attended Towson University, is a CFA charterholder,
a member of the CFA Institute, and an associate member of the Baltimore Society
of Security Analysts.
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Diana Kalin
Senior Managing Director, Chief Operations Officer
Ms. Kalin is responsible for operations, securities processing, and fund
accounting for ASB Investment Management. She spent 15 years in Trust Operations
at American Security Bank where she also had responsibility for budgeting
and profitability analysis for the Trust Company and its institutional affiliate.
Subsequently, Ms. Kalin spent 5 years with FMB Trust/Allfirst Trust, with
responsibility for financial and strategic planning for the Institutional
Bank, which included the Trust, Corporate Lending, and Commercial Real Estate
Divisions. Ms. Kalin holds a BS in Business Administration and Economics
from the State University of New York, College at Oswego and an MBA from
George Washington University.
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Jennifer L. Barnette, CIPM
Managing
Director, Investment Systems and Performance Evaluation
Mrs. Barnette oversees performance measurement and portfolio analytics, as
well as GIPS compliance for ASB Investment Management. She also manages investment
systems that control data flows, reporting, and trading. Mrs. Barnette has
15 years of equity research and systems experience, including positions with
Atlantis Investment Company and Rochdale Securities. She is a graduate of
Old Dominion University and has earned the Certificate in Investment Performance
Measurement.
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Michael
S. Calkin
Vice President, Associate Equity Portfolio Manager
Mr. Calkin is Associate Portfolio Manager of ASB Large Cap Core Equity. Prior
to joining ASB, he worked with ASB Investment Management-affiliated investment
management firm Chevy Chase Trust, serving as Co-Portfolio Manager for the
Dividends Plus investment strategy, which outperformed its benchmark under
his management, and Senior Analyst for the Strategic Core investment strategy,
which had $300 million in assets. Previously, Mr. Calkin served as Asset
Manager for Lennar Corporation, conducting financial analysis, constructing
valuation models, and maintaining development budgets for current and future
land developments. He earned an undergraduate degree from Miami University
(Ohio) and an MBA with a concentration in Finance and Investments from George
Washington University. Mr. Calkin is a candidate for the CFA charterholder
designation and a member of the ASB Equity Council.
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Paul R. Duncan, CPA
Vice President and Chief Compliance Officer
Mr. Duncan is responsible for designing compliance policies, procedures,
and internal controls. He also monitors compliance issues related to the
Investment Adviser’s Act of 1940, ERISA, US Patriot Act, Sarbanes-Oxley,
fiduciary laws, and privacy regulation. Mr. Duncan has 19 years of compliance
and audit experience in the securities, fiduciary, and banking industries,
including positions with Chevy Chase Trust, Chevy Chase Bank, and Dauphin
Deposit and Trust Company. He is a cum laude graduate of both Albright College,
where he earned an accounting degree, and George Mason University, where
he earned an MBA. In addition to being a Certified Public Accountant, Mr.
Duncan is a Certified Internal Auditor and a Certified Fiduciary and Investment
Risk Specialist.
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Allison A. Ferko
Vice President and Associate General Counsel
Ms. Ferko is ASB Investment Management’s legal counsel, responsible
for all regulatory and legal matters. She has 13 years of experience in the
investment field, including legal and compliance experience with Chevy Chase
Trust, Chevy Chase Securities, and Chevy Chase Insurance Agency. Ms. Ferko
earned an undergraduate degree at Florida State University, and a law degree
at Creighton University, and is a member of the Bar in Maryland and the District
of Columbia. She is also a Certified Financial Investment and Fiduciary Risk
Specialist and a member of the Trust Compliance Manager’s Roundtable.
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Margarette St. Vil
Assistant Vice President, Investment Systems and Trade Settlement
Ms. St. Vil assists in managing investment support systems and performance
reporting for ASB Investment Management. She has 14 years of experience in
the investment industry, including account administration and back office
operations for Carderock Capital Management. Ms. St. Vil is a graduate of
the State University of New York at Albany, and earned an MBA at Strayer
University.
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R. Eric Kraus
Assistant Vice President, Trading
Mr. Kraus manages ASB Investment Management's passive equity accounts that
track the S&P 500 Index. Mr. Kraus has been in the financial industry
for 7 years, including positions with ASB Investment Management-affiliated
investment management firm Chevy Chase Trust, Chevy Chase Financial Services,
and Chevy Chase Bank. He earned an undergraduate degree in business administration
at the University of Richmond and is completing his MBA at Georgetown University.
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Carlton W. Davis
Securities Trading Assistant
Mr. Davis assists in managing ASB Investment Management's passive equity
accounts that track the S&P 500 Index. His previous experience includes
positions at T. Rowe Price, in the defined contribution operations area,
Northwestern Mutual, and Merrill Lynch. Mr. Davis earned an undergraduate
degree in Finance at Miami University (Ohio).
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Spencer
C. Smith
Chairman, ASB Equity Council
Mr. Smith is Managing Director and Portfolio Manager of Chevy Chase Trust,
an ASB Investment Management-affiliated investment management firm. He is
actively involved in the development and oversight of Chevy Chase Trust’s
investment strategy and process. In addition, he is responsible for high
net worth and institutional portfolio management. Prior to joining Chevy
Chase Trust, Mr. Smith was Managing Director, Portfolio Manager and co-head
of the Washington D.C. office of Fiduciary Trust Company International. Previously,
he served as an investment professional at Morgan Stanley, Emerging Markets
Management LLC, and Riggs Investment Management Corporation. Mr. Smith earned
an MBA from the Yale School of Management. Prior to that he received a Masters
of Arts degree in European Studies from The George Washington University
Elliott School of International Affairs. Mr. Smith was awarded a Fulbright
Scholarship for studies at the Budapest University of Economic Sciences.
He earned an undergraduate degree from the University of Oregon where he
graduated Phi Beta Kappa and cum laude.
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Craig Pernick
Managing Director, Trading and Chairman, ASB Fixed Income Council
Mr. Pernick is responsible for fixed income portfolio management at Chevy
Chase Trust, an ASB Investment Management-affiliated investment management
firm. He has 27 years of experience in the fixed income business, with special
knowledge of bond underwriting, analysis, and sales. Mr. Pernick was with
institutional fixed income firm R.W. Corby and Co. for 16 years before joining
Asset Management Investment Advisers as a portfolio manager in 1999. He joined
Chevy Chase Trust when it purchased Asset Management in 2005, and took responsibility
for the firm’s fixed income management at that time. He is a graduate
of the University of Michigan, where he earned a Business Administration
degree. He earned a Masters in Business Administration, with a concentration
in Finance, from Wayne State University.
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Edward B. Dobranetski, CFA
Member, ASB Equity Council
Mr. Dobranetski is Vice President of Chevy Chase Trust, an ASB Investment
Management–affiliated investment management firm and is a member of
the ASB Equity Council. At Chevy Chase Trust, he also is a portfolio manager
for Multi-Cap Global Outlook Equity. He has 17 years of investment experience,
encompassing trading, analysis, and portfolio management. Mr. Dobranetski
previously was a portfolio manager with BB&T Asset Management. He is
a graduate of Grove City College and is a CFA charterholder.
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Thomas D. Frank, CFA
Member, ASB Equity Council
Mr. Frank is Managing Director and Chief Investment Officer of Chevy Chase
Trust, an ASB Investment Management-affiliated investment management firm
and is a member of the ASB Equity Council. At Chevy Chase Trust, he also
oversees portfolio management for Multi-Cap Global Outlook Equity. He has
21 years of experience in the investment business, including positions with
Salomon Smith Barney and Philip Tucker Investment Management, where he served
as a principal before the firm’s acquisition by Chevy Chase Trust in
2001. Mr. Frank graduated from Tufts University with a degree in Economics.
He is a CFA charterholder and a member of the Washington Society of Investment
Analysts.
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Sneha M. Senjalia, CFA
Member, ASB Equity Council
Mrs. Senjalia is Assistant Vice President of Chevy Chase Trust, an ASB Investment
Management–affiliated investment management firm. At Chevy Chase Trust,
she provides investment services support to the senior investment portfolio
managers. Mrs. Senjalia previously managed $5 billion in ASB passive equity
funds that track the S&P 500. She also held the position of Budget Analyst
at Chevy Chase Bank. She is a graduate of Towson University and a CFA charterholder.
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Christine M. Wallace
Member, ASB Equity Council
Ms. Wallace is Vice President and a senior portfolio manager at Chevy Chase
Trust, an ASB Investment Management–affiliated investment management
firm. She has provided wealth management advice and managed investment portfolios
for high net worth investors for the past 18 years. Prior to joining Chevy
Chase Trust, Ms. Wallace was a portfolio manager at U.S. Trust, where she
worked for 15 years in their New York and Washington, D.C. offices. She earned
her undergraduate degree from Holy Cross College and her MBA, with a concentration
in Finance, from George Washington University.
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