Arnold M. Reichman

Chairman since 2005, Director since 1991

Qualifications

Mr. Reichman brings decades of investment management experience to the Board, in addition to senior executive-level management experience.

Experience

Arnold Reichman is Chairman of the RBB Funds. Arnold has been a Director since 1990 and has had a long career in the Financial Services Industry. He spent 17 years at Warburg Pincus Asset Management and Warburg Pincus Ventures serving as a Senior Managing Director and Chief Operating Officer. In addition he served as Chief of Staff at J Aron and Company, a major commodities trading operation. Mr Reichman served on the Board of the ICI and is well versed in all aspects of asset management, marketing and 1940 Securities Act requirements. He received his BA from Brooklyn College and his MBA from NYU Stern School of Business.

Robert Sablowsky

Vice Chairman since 2016, Director since 1991

Qualifications

Mr. Sablowsky has demonstrated leadership and management abilities as evidenced by his senior executive-level positions in the financial services industry.

Experience

Bob has extensive securities industry and mutual fund experience. Currently, Senior Director and prior thereto, Executive Vice President of Oppenheimer & Co. Served as Director of Kensington Funds from 2004-2009. Prior experience includes Fahnestock & Co., Executive Vice President, Head of Capital; Markets Gruntal & Co., Executive Vice President, Head of Capital Markets,; Herzfeld and Stern Securities, Partner, Head of Capital Markets.

Julian A. Brodsky

Director since 1988

Qualifications

Mr. Brodsky has over 40 years of senior executive level management experience in the cable television and communications industry.

Experience

Julian is a co-founder and retired Vice Chairman of Comcast Corporation. He also served as Vice Chairman, Executive Vice President and Chief Financial Officer of Comcast. Mr. Brodsky founded and served as Chairman of Comcast Interactive Capital Group. He has served and serves on a number of public company and non-profit boards including the Philadelphia Museum of Art, Philadelphia Chamber Music Society, Amdocs, Ltd, and Educational Foundation of CTAM.

J. Richard Carnall

Director since 2002

Qualifications

Mr. Carnall has decades of senior executive-level management experience in the banking and financial services industry and serves on the boards of various corporations and a bank.

Experience

Dick has decades of executive-level management experience in banking and the financial services industry and serves on various boards. He has managed a large institutional money manager, led in the development of a major fund processing company providing services to mutual funds, investment partnerships and other investment structures through domestic and international locations. Clients included most major brokerage firms, large mutual fund complexes and national and international investment managers.

Gregory P. Chandler

Director since 2012

Qualifications

Mr. Chandler has demonstrated leadership and management abilities as evidenced by his senior executive level positions in the investment technology consulting/services and investment banking/brokerage industries, and serves on various boards.

Experience

Greg is Chief Financial Officer, Emtec, Inc. (information technology consulting/services); Previously, Managing Director, head of Business Services IT Services, Janney Montgomery Scott LLC (investment banking/brokerage); Coopers & Lybrand/PricewaterhouseCoopers; US ARMY. Greg has significant experience having served on boards of public, private and not for profit entities for over 12 years. He brings significant Audit Committee leadership starting his career in the Investment Company practice of Coopers & Lybrand, having served as the Chairman of the Audit Committee of several public companies and Investment Companies. Greg has significant valuation experience including time auditing Investment Companies, his experience as the head of an Investment Banking practice, and serving on the valuation committees of two large 40 Act business development companies.

Nicholas A. Giordano

Director since 2006

Qualifications

Mr. Giordano has years of experience as a consultant to financial services organizations and serves on the boards of other registered investment companies.

Experience

Nick is currently Chairman of the Board of the Wilmington Trust Funds, and Trustee on Independence Blue Cross Board. He has over 15 years of mutual fund board experience including chairman of various fund audit committees. He served as President and CEO of the Philadelphia Stock Exchange. In addition, Nick chaired various market place endeavors and ad hoc committees for all domestic and international derivative exchanges. He oversaw the initial foreign currency option trading.

Robert A. Straniere

Director since 2006

Qualifications

Mr. Straniere has been a practicing attorney for over 30 years and serves on the boards of an asset management company and another registered investment company.

Experience

Robert is an Administrative Law Judge, New York City and founding partner of Straniere Law Group. He served in the NY State Assembly for 24years. Bob has served as a ranking Member of NY State Assembly Ways and Means Committee. Directorship included Genworth Life Ins. Co., Dreyfus Life Insurance Co., Henderson-Seligman International Fund, Sparxx Japan Fund, Delafield Fund, Weiss Peck & Greer Funds Group and Reich & Tang Funds Group.

Brian Shea

Director since 2018

Qualifications

Brian has demonstrated leadership and management abilities as evidenced by his senior executive-level positions in the financial services industry.

Experience

Currently serves as a Director of Wisdom Tree Investments, Inc and Fidelity National Information Services (FIS). Most recently served as Vice Chairman and CEO of BNY Mellon Investment Services. Previously served as Chairman and CEO of Pershing, LLC a BNY Mellon Company Member of the Board of Trustees at St John's University, Catholic Charities of the Archdiocese of N.Y., and other not for profit boards.

 

Standing Committees

  • Nominating and Governance Committee. The Board has a Nominating and Governance Committee comprised only of Independent Directors. The current members of the Nominating and Governance Committee are Messrs. Carnall, Giordano and Reichman. The Nominating and Governance Committee recommends to the Board all persons to be nominated as Directors of the Company. The Nominating and Governance Committee will consider nominees recommended by shareholders. Recommendations should be submitted to the Committee care of the Company's Secretary.
  • Regulatory Oversight Committee. The Board has a Regulatory Oversight Committee comprised of the Interested Director and three Independent Directors. The current members of the Regulatory Oversight Committee are Messrs. Carnall, Reichman, Sablowsky, Shea and Straniere. The Regulatory Oversight Committee monitors regulatory developments in the mutual fund industry and focuses on various regulatory aspects of the operation of the Company.
  • Strategic Oversight Committee. The Board has a Strategic Oversight Committee comprised of the Interested Director and three Independent Directors. The current members of the Strategic Oversight Committee are Messrs. Carnall, Chandler, Reichman and Sablowsky. The Strategic Oversight Committee assists the Board in its oversight and review of the Company's Strategic plan and operations.
  • Valuation Committee. The Board has a Valuation Committee comprised of the Interested Director and three officers of the Company. The members of the Valuation Committee are Messrs. Amweg, Faia, Sablowsky, and Shaw. The Valuation Committee is responsible for reviewing fair value determinations.
  • Audit Committee. The Board has an Audit Committee comprised of three Independent Directors. The current members of the Audit Committee are Messrs. Brodsky, Chandler and Giordano. The Audit Committee, among other things, reviews results of the annual audit and approves the firm(s) to serve as independent auditors.
  • Contract Committee. The Board has a Contract Committee comprised of the Interested Director and three Independent Directors. The current members of the Contract Committee are Messrs. Brodsky, Chandler, Sablowsky and Straniere. The Contract Committee reviews and makes recommendations to the Board regarding the approval and continuation of agreements and plans of the Company.
  • Executive Committee. The Board has an Executive Committee comprised of the Interested Director and three Independent Directors. The current members of the Executive Committee are Messrs. Chandler, Giordano, Reichman, and Sablowsky. The Executive Committee may generally carry on and manage the business of the Company when the Board of Directors is not in session.
  • Investment Risk Committee. The Board has an Investment Risk Committee comprised of the Interested Director and one Independent Director. The current members of the Investment Risk Committee are Messrs. Sablowsky and Shea. The Investment Risk Committee ensures that the Company's investment advisers have adopted investment risk management policies and procedures.