John P.M. Higgins
John P.M. Higgins has had broad domestic and international experience as an asset manager of private and public securities, real estate and oil & gas investments. Formerly an officer of Citicorp (Santo Domingo), the Lambert Brussels Corporation (New York), and the Banque de Gestion Privee (Paris), he has for the past dozen years been president and chief investment officer of Ram Trust Services, a Portland, Maine-based investment management organization.
As chief investment officer of Lens Investment Management, LLC, he was active in applying for corporate governance changes to generate shareholder value. He was a co-founder and principal of The Corporate Library, LLC, a GMI Ratings predecessor company. He served as director and chairman of the executive committee of Atlantic Bank. He received his B.A. with honors from Harvard University in 1970.
Hon. Richard A. Bennett
From 2006 to 2010, Richard A. Bennett served as President and CEO of The Corporate Library, one of the three businesses that merged to form GMI Ratings in 2010. Mr. Bennett has an extensive background in politics and government service as well as a wide range of private sector experience. He worked as Director of Corporate Governance for Lens Investment Management from 1997 to 2002.
He is an independent director of Biddeford Internet Corporation and a non-executive director of Trucost, Plc, a U.K.-based firm offering products and services that allow companies, governments and fund managers to better understand their environmental performance. A former president of the Maine State Senate, Mr. Bennett served four terms in the Maine Senate and two terms in the state’s House of Representatives. Since 2009, he has served on the Board of Governors of the International Corporate Governance Network.
Mr. Bennett has been written about in Pensions & Investments, The Daily Deal and Barron’s, and has been cited in numerous publications including BusinessWeek, USA Today, Fortune and The Wall Street Journal. In each year since 2008, he has been recognized by Directorship magazine in its list of the 100 “most influential people in corporate governance and the boardroom.” In December 2010 he was named by Global Proxy Watch as one of the “10 people around the world who had the most impact on corporate governance in the previous year”. Mr. Bennett has spoken about corporate governance issues at the U.S. Securities and Exchange Commission, Columbia University, the USC Marshall School of Business and The Conference Board, among other institutions. He serves on the Advisory Board of the John L. Weinberg Center for Corporate Governance at the University of Delaware. He is a member of the board of trustees of Hebron Academy. He was a member of the President’s Commission on White House Fellowships from 2005 to 2009. He graduated with honors from Harvard College in 1986 and received his M.B.A. from the University of Southern Maine in 2000.
James A. Kaplan
A leading proponent of Modern Portfolio Theory, Jim Kaplan has advanced groundbreaking applications of quantitative techniques and technology-driven solutions for equity and fixed-income portfolio analytics. In 1979, he founded Capital Management Sciences (CMS) and established the firm as the world’s top purveyor of fixed income portfolio analytics. During his tenure, the firm introduced CMS BondEdge, the chief independent source of research and valuation tools for the global bond market.
Following the sale of CMS to Interactive Data Corporation, Mr. Kaplan was a founding director of MarketWatch, a pioneer in using the Internet to deliver real-time news and data. In the wake of the notorious corporate scandals after 2000, he founded Audit Integrity, one of the three firms that merged to form GMI Ratings.
Mr. Kaplan received his BA from the University of Colorado and an MBA from California State University. Mr. Kaplan is a Chartered Financial Analyst.
President & Chief Executive Officer
Dan Concannon brings to GMI Ratings extensive leadership experience in businesses providing research-based solutions to institutional, broker-dealer and issuer markets. Before he joined GMI Ratings, Mr. Concannon served as Global Head of Sales and Business Development at Mediant Communications and, earlier, WealthEngine. Prior to these roles, he was Executive Vice President of Sales, Marketing and Business Development at Institutional Shareholder Services where he grew sales from $30 million to $110 million and built a global sales organization with local presence in major financial centers around the world. In 2007, Dan played an instrumental role on the executive team that sold ISS to New York-based RiskMetrics Group, which subsequently went public. Mr. Concannon graduated with a B.S. degree in marketing from the University of Maryland and earned his Masters degree from Baruch College.
Ms. Minow was named one of the 20 most influential people in corporate governance by Directorship magazine in 2007 and was dubbed “the queen of good corporate governance” by BusinessWeek Online in 2003. Prior to co-founding The Corporate Library, Ms. Minow was a Principal of Lens, a $100 million investment firm that took positions in underperforming companies and used shareholder activism to increase their value.
She previously served as general counsel and then president of Institutional Shareholder Services. She is co-author with Robert A.G. Monks of three books, including five editions of the leading textbook on corporate governance, and she taught MBA students at George Mason University for five years. In 2008, she received the highest award in the field from the International Corporate Governance Network.
She is a graduate of Sarah Lawrence College and the University of Chicago Law School, and she has been profiled in the New Yorker, The Economist, The New York Times, and the Washington Post and appeared as an expert in corporate governance before many Congressional and Senate hearings and on television in the United States, the UK, and Canada, including CNN, PBS, ABC, NBC, and CBS.
Robert A. G. Monks
Robert A. G. Monks was a co-founder of Institutional Shareholder Services, Lens Investment Management, Lens Governance Advisors and The Corporate Library. He is the author of Corpocracy and The New Global Investors and, with Nell Minow, Watching the Watchers, Corporate Governance and Power & Accountability. Mr. Monks was educated at Harvard College and Cambridge University. At Cambridge, he was a member of the winning Cambridge boat in the 1955 Boat Race.
Mr. Monks then attended Harvard Law School and became partner in a Boston Law firm. He was vice president of Gardner Associates and then president and CEO of C.H. Sprague & Son, a coal and oil company. Following this, he served as a board member and, later, chairman of the Board of The Boston Safe Deposit & Trust Company and the Boston Company. Ronald Reagan appointed him as director of the United States Synthetic Fuels Corporation and as one of the founding Trustees of the Federal Employees’ Retirement System. He worked for the U.S. Department of Labor as Administrator of the Office of Pension and Welfare Benefit Programs which gave him jurisdiction over the whole U.S. pension system.
Mr. Monks has written widely about corporate governance and has published more than a hundred papers in publications around the world. He was the recipient of the Award for Outstanding Financial Executive from the Financial Management Association in 2007.
Laurie S. Adami
Laurie S. Adami began her career in 1982 in the trust department fixed income portfolio management at Bank of New England in Boston. In 1984, she relocated to Los Angeles to work for Capital Management Sciences (CMS) a provider of fixed income analytical software. At CMS, she served in various roles, including manager of client services, sales and marketing. In 1996 Ms. Adami was promoted to Chief Operating Officer of the company. In 1999, when the founder, James Kaplan, retired from CMS, she assumed the role of President. In 2001, CMS merged with Interactive Data and Laurie continued to manage the division. After twenty four years with the company, she stepped down from her role in September 2008. Ms. Adami received her undergraduate degree from Colgate University and presently lives in Santa Monica, CA with her husband and son.
For twenty years, Mr. Anderson was the Chairman and CEO of Gavin Anderson & Company, a global consulting firm advising corporations and governments on strategic communications matters. In this capacity he has advised companies on numerous, mergers and acquisitions, IPOs, privatizations, bankruptcies, debt restructurings and sovereign debt negotiations as well as a number of crisis events involving environmental, employee, governance and regulatory issues.
In 1996, he completed the sale of his firm to Omnicom Group Inc., and relinquished his CEO duties in 2000 when he co-founded and served as the first CEO of GovernanceMetrics International, a GMI Ratings predecessor company. He has spent his entire working life in international business from domiciles in Sydney, London and New York. He has worked in 34 countries on 5 continents and has served as a director of companies in Australia, Singapore, Hong Kong, Japan, Germany, France and the United Kingdom, as well as the United States.
Robert M. Lichten
Robert M. Lichten has been Co-Chairman of Inter-Atlantic Group since 1994 and is a member of Inter-Atlantic Group’s investment committee. He also served as Co-Chairman of Guggenheim Securities LLC, Inter-Atlantic Group’s former broker-dealer operation, until 2003. From 2007 to 2009, Mr. Lichten was also a Director of special-purpose acquisition company Inter-Atlantic Financial, Inc.
Previously, Mr. Lichten served as Managing Director at both Smith Barney Inc. and Lehman Brothers Inc., where he concentrated on capital raising and providing merger and acquisition advisory services to financial institutions. Mr. Lichten was also formerly Executive Vice President of The Chase Manhattan Bank. During his 22 years at Chase he was a senior corporate banker in charge of worldwide capital planning. Mr. Lichten also served as Chief of Staff of the Asset-Liability Management Committee and President of The Chase Investment Bank. As President, he was responsible for all swap and derivative products, corporate finance, private placements, leasing, loan syndications and merger and acquisition activities.
Mr. Lichten is a Director of Inter-Atlantic Group portfolio company SeaPass Solutions, Inc. In addition, he currently serves as a Director on the Board of Syncora Holdings Ltd. and its subsidiaries Syncora Guarantee Inc. and Syncora Capital Assurance. He is a former trustee of Manhattan College, a former Director of Annuity & Life Re (Holdings), Ltd. and a former Director and President of the Puerto Rico USA Foundation, a cooperative effort between the Commonwealth of Puerto Rico and numerous multi-national corporations. Mr. Lichten holds a B.S. in Chemical Engineering from Manhattan College and an M.B.A. from New York University.