Three New Members Join TSRI Board

At a recent meeting of The Scripps Research Institute (TSRI) Board of Trustees, three new members—Gary N. Coburn, Thomas E. Dewey, Jr., and Ralph J. Shapiro—were appointed to the Board.

"Gary Coburn, Thomas Dewey, and Ralph Shapiro possess exceptional leadership ability, financial expertise, and commitment to the community," says TSRI President Richard Lerner. "It is my pleasure to welcome them to our Board."

Coburn (B.A, M.B.A, University of California, Berkeley) worked at Scudder, Stevens and Clark in San Francisco from 1970 to 1987 before moving to Putnam Investments in Boston, where he worked from 1987 to 1999. At Putnam, he had overall responsibility for global fixed income investment policy, portfolio management, research, derivatives, and trading. In 1993, he helped develop an asset allocation product, and the portfolio managers and analysts in that group reported jointly to him and the head of equities.

Dewey (B.A, Princeton University; M.B.A., Harvard Business School) is a member of McFarland Dewey & Co., a New York investment banking firm specializing in advisory and agency services for corporate and governmental clients. He joined the investment banking firm of Kuhn, Loeb & Co. after graduation in 1958 and was a member of the firm's executive committee when he retired to form his own firm in 1975. From then until 1989, he was president of Thomas E. Dewey, Jr. & Co., Inc., a financial advisory services firm. Dewey's experience covers most phases of industrial, utility, and transportation corporate finance, including public offerings, private placements, mergers and acquisition, consulting studies, and valuation of securities. He has also been active in the field of public finance, which encompasses the financing of state and local governments and government authorities.

Shapiro (B.S., J.D., University of California, Los Angeles (U.C.L.A.)), a native of Lithuania, is a leader of several business enterprises. He holds the positions of chair of Avondale Investment Company, chair of C.N.A. Property Company, and chair of Raps Industries. His community activities currently include membership on boards of the U.C.L.A. Foundation, the U.C.L.A. Law School, the United Cerebral Palsy Research Foundation, the Spastic Children's Endowment Foundation, and United Friends of the Children.

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"Gary Coburn, Thomas Dewey, and Ralph Shapiro possess exceptional leadership ability, financial expertise, and commitment to the community."

—TSRI President Richard Lerner