RICHARD PECHTER

Richard Pechter joined Donaldson, Lufkin & Jenrette in 1969 and retired in 2000 as a Director and Chairman of the firm’s Financial Services Group and Chairman of DLJDirect, the firm’s internet brokerage company. He has served as President of the Investment Association of New York, Vice Chairman of the Securities Industry Association, a trustee of the Securities Industry Institute and a Director of National Securities Clearing Corporation, the Depository Trust Company, and Interstate Securities. He is currently a Director of the Financial Industry Regulatory Authority (FINRA) and the New York Stock Exchange Regulatory Authority. In addition, he is a current member of the Bond Club, the Yale Club, the Friars, the National Arts Club and Kappa Beta Phi.

After his retirement from DLJ, Richard joined Teach for America and spent five years teaching math at a community college and a Jersey City public high school. He chaired the NJ Board of Teach for America for several years and currently serves on Teach for America’s National Board. Richard won a Tony award in 1997 as a producer of the award winning musical Titanic.

Richard received a BA from Yale University and an MBA from Harvard.