Barbara J. Krumsiek is Chair, President and CEO of Calvert Investments, Inc. Ms. Krumsiek's career in the investment business spans over three decades. Prior to becoming Calvert's President & CEO in 1997, she served as Managing Director at Alliance Capital Management L.P. in New York City, and was responsible for $17 billion in the mutual fund and variable insurance product lines.
During her tenure, Ms. Krumsiek has established Calvert as a globally recognized leader in the field of sustainable and responsible investing. She currently serves as Co-Chair of the United Nations Environment Programme - Finance Initiative, a partnership between the United Nations Environment Programme and 200 financial institutions around the globe mandated to develop and promote the links between sustainability and financial performance.
As head of Calvert, she has successfully advocated on issues relating to the advancement of women in business. Under her leadership, the Calvert Women's Principles were created in 2004, marking the first global code of corporate conduct focusing exclusively on empowering, advancing, and investing in women worldwide. The Principles have since become the basis for the Gender Equality Principles, an initiative of the City of San Francisco Department on the Status of Women, and the Women's Empowerment Principles which is a collaborative effort between UNIFEM and the UN Global Compact. For this work, in 2010, she received the CEDAW Women's Human Rights Award.
Ms. Krumsiek currently serves on several private and non-profit boards. She is a Board member of Pepco Holdings, Inc., Chair of the Board of the Eugene and Agnes E. Meyer Foundation, a Trustee of the Federal City Council, and on the Board of the Girl Scouts USA. She is a former Chair of the Greater Washington Board of Trade.
She has been cited often for her leadership and influence in business. She was named one of the "Influential Marylanders in 2010" by the Daily Record, inducted into the Washington Business Hall of Fame in 2009, and listed among the "100 Most Powerful Women in Washington" by Washingtonian Magazine in 2011 and 2009. Within the investment industry, she was named among the "25 Most Influential People In and Around the Independent Advice Business," by Investment Advisor Magazine in 2009 and among the "Top 50 Influential Women in Wealth Management," by Wealth Management Magazine in 2010.
Graduating Phi Beta Kappa with honors from Douglass College, Rutgers University, Ms. Krumsiek received a Bachelor's degree in mathematics. She received a Master's degree in mathematics from the Courant Institute of Mathematical Sciences, New York University. In May 2002, Georgetown University awarded Ms. Krumsiek the Degree of Doctor of Humane Letters, Honoris Causa, citing her work in advancing the critical dialogue regarding the role of business in society. In May 2012, American University awarded her the Degree of Doctor of Laws, Honoris Causa.
Ms. Krumsiek, a native New Yorker, resides in Washington, DC with her husband, Bart Leonard.
Karen Becker, Chief Compliance Officer – Funds, and Senior Vice President, Calvert Investments, Inc.
Ms. Becker reports directly to the fund boards and is responsible for developing and administering the funds' policies and procedures which are designed to prevent violation of federal securities laws. She has been with Calvert since 1986. Prior to assuming this role, she was Senior Vice President of Calvert Client Services and served as the Anti-Money Laundering Officer for Calvert. During her early years at Calvert she managed the day-to-day processing of work within the transfer agent and in 1988 she took over as head of the telephone-servicing group. In the mid 1990s she was part of the conversion team that outsourced the transfer agent function to DST/BFDS in Kansas City and in her role as SVP Client Services had daily oversight for the outside transfer agent function. Drawing on her industry knowledge and her strength for processing efficiencies, Ms. Becker led Calvert's inter-functional team that launched the 529 Plan for the District of Columbia in 2002. She has been an active member of the ICI Operations and Transfer Agent Committees and is now a member of the ICI's Compliance Committee, the National Society of Compliance Professionals, in addition to serving on the FINRA Series 6 and 26 exam review committee. She earned a B.A. in Government and Economics from St. Lawrence University in Canton New York and has her Series 7 and 24 securities licenses.
Executive Vice President, Calvert Distributors, Inc.
Lynne Ford heads Calvert's retail sales, institutional sales, marketing, and public relations efforts. Ms. Ford has more than 20 years of experience in investment sales and marketing. Most recently, she served as Executive Vice President and Chief Executive Officer of Individual Retirement at ING US. Before that, Ms. Ford spent nineteen years at Wachovia, which merged with Wells Fargo in late 2008, serving in a number of executive capacities within its investment and distribution organizations. As Executive Vice President, Retail Retirement, she led both the annuity and IRA businesses. Prior to that, she spent 10 years as Senior Vice President and Managing Director for Evergreen Investments. Ms. Ford currently serves as the Chairman of the Insured Retirement Institute (IRI) and serves on the National Board of Junior Achievement USA. She earned a bachelor's degree from Davidson College and a master's degree from the University of North Carolina, Charlotte.
Senior Vice President, Sustainability Research and Policy, Calvert Investments, Inc.
Mr. Freeman leads Calvert's Sustainability Research Department and oversees its company research and analysis as well as its policy and advocacy work. From 2003 until early 2006, he led Burson-Marsteller's Global Corporate Responsibility practice advising multinationals on policy development, stakeholder engagement and communications strategies related to human rights, labor rights and sustainable development. During the Clinton Administration he served in three positions as a presidential appointee in the State Department, most recently as Deputy Assistant Secretary for Democracy, Human Rights and Labor from 1999 to early 2001. In that capacity, he led the development of the Voluntary Principles on Security and Human Rights, the first human rights standard forged by governments, companies and NGOs for the extractive sectors. Earlier in his career he was Manager-Corporate Affairs for General Electric and a presidential campaign aide to former Vice President Walter Mondale. Mr. Freeman serves on the Boards of Oxfam America, the Institute for Business and Human Rights, the Revenue Watch Institute, the Global Network Initiative (GNI), the Genocide Intervention Network and EG Justice. From 2006-09 he served on the Board of the Extractive Industry Transparency Initiative (EITI) representing Oxfam. He is a member of the Council on Foreign Relations as well as a frequent speaker and media commentator on sustainable investment, corporate responsibility, human rights and U.S. foreign policy. Mr. Freeman received an MA in Modern History from the University of Oxford, where he studied as an English Speaking Union Churchill Scholar at Balliol College, and an AB in History from the University of California at Berkeley.
Catherine Palmer Roy, CFA
Senior Vice President and Chief Investment Officer, Fixed Income, Calvert Investment Management, Inc.
Ms. Roy is responsible for evaluating and monitoring the investment performance and risk profiles of all Calvert fixed income Funds. She has worked in the financial services industry since 1981. Prior to joining Calvert in 2004, she was Head of U.S. Fixed Income and Senior Portfolio Manager at Baring Asset Management where she was responsible for managing the U.S. fixed income team. Her responsibilities included investment oversight of U.S. fixed income portfolios, serving as U.S. specialist for global fixed income policy, and chairing the Core Plus Fixed Income Strategy Team. Prior to that, Ms. Roy served in various Portfolio roles including a position as Senior Vice President and Senior Portfolio Manager at Scudder Kemper Investments where she managed $11 billion in fixed income assets for insurance companies and also as Chief Investment Officer at Massachusetts insurer, SBLI. Ms. Roy holds a B.A. from Barnard College and is a Chartered Financial Analyst.
Senior Vice President, Strategic Projects, Risk Management and Chief Information Officer, Calvert Investments, Inc.
Alison Smith leads Calvert's Information Technology, Client Services Operations and Purchasing and Facilities Teams. Ms. Smith has worked in mutual fund operations since 1985, and has experience in mergers, strategic projects, and vendor management and oversight. She is also responsible for ensuring adherence to regulatory requirements by serving as Calvert's Anti-Money Laundering Officer. Prior to assuming this role, Ms. Smith served in roles of increasing responsibility within Client Services, beginning her career in 1985 as an Investor Relations Representative. Ms. Smith earned a BA in Economics from the University of Maryland and is FINRA Series 7 and 24 licensed. She is a member of the ICI Transfer Agency Committee and past Co-Chair of the National Investment Company Service Association (“NICSA”) Transfer Agency Committee.
William M. Tartikoff
Senior Vice President, Secretary and General Counsel, Calvert Investments, Inc.
Prior to joining Calvert in January 1990, he was Vice President and Associate Counsel for T. Rowe Price Associates. Mr. Tartikoff was Assistant Counsel for the Investment Company Institute from 1977 to 1982 and with the Internal Revenue Service, Employee Plans, and Exempt Organizations Branch from 1972 to 1977. He is a graduate of the American University (BBA 1969, JD 1972) and received a LLM (Taxation) from Georgetown University. He is FINRA Series 7, 24 and 63 licensed. Mr. Tartikoff authored "Treatment of Mutual Funds under ERISA," Duke Law Journal (Vol. 1979, No. 2) and is a frequent speaker on mutual funds and other related matters. He served as a former Director for ICI Mutual Insurance Company and served on the Board (former Chair) of the Make-A-Wish Foundation of the Mid-Atlantic, and on the Board of Make-A-Wish Foundation of America, including two years as its Finance Committee Chair. Mr. Tartikoff is also the former Chair of the Cultural Alliance of Greater Washington. Mr. Tartikoff is a member of the Maryland, Virginia, District of Columbia and American Bar Associations. He also serves on several Investment Company Institute Committees, including the SEC Rules Committee.
Vice President, Corporate Sustainability and Community Partnerships, Calvert Investments, Inc.
Ms. Torrence serves as Vice President of Corporate Sustainability and Community Partnerships and is responsible for developing and implementing sustainable employment practices, improving Calvert's position in corporate social responsibility and overseeing Calvert's Human Resource function. She joined Calvert in 2005. Since 1982, Ms. Torrence has worked in human resources, which includes community involvement and corporate social responsibility. She has served the community on several college and university committees and volunteer boards. She is a member of the Society for Human Resource Management and World at Work, and has served as a volunteer on several charitable organizations.
Senior Vice President and Chief Investment Officer, Equities, Calvert Investment Management, Inc.
Ms. Trunow is Senior Vice President and Chief Investment Officer of Equities and is responsible for leading, managing, and proactively evaluating and monitoring the investment performance and risk/reward characteristics of Calvert's sub-advised equity, balanced, and asset allocation products. She also leads the firm's in-house equity management, new product development and implementation. Since 1985, Ms. Trunow has worked in global financial markets. Prior to joining Calvert in 2008, Ms. Trunow was a Section Head and a Portfolio Manager in the global markets group at General Motors Asset Management in New York where she developed and managed successful in-house investment strategies in global alternatives and domestic small cap as well as alpha-generating, style-balanced funds of funds of institutional money managers. Earlier in her career, Ms. Trunow consulted with the New York law firm of Owen & Davis and Price Waterhouse in New York. She graduated cum laude with a B.S. in Economics from NYU and holds an MBA in Finance from NYU Stern School of Business.
Ronald M. Wolfsheimer
Executive Vice President, Chief Financial and Administrative Officer, Calvert Investments, Inc.
Mr. Wolfsheimer has been with Calvert since 1979. Prior to joining Calvert, Mr. Wolfsheimer was an audit senior with Alexander Grant & Co. and prior thereto was on the audit staff of Arthur Andersen & Co. He is Treasurer of each of the Calvert Funds and is FINRA Series 7 and 27 licensed. Mr. Wolfsheimer received his MS in Management with a concentration on Management Information Systems from the University of Maryland University College after graduating from Indiana University with honors where he earned his BS in Accounting. Mr. Wolfsheimer is a member of the Investment Company Institute's Accounting/Treasurer's Committee and was a member of the industry team that developed the white paper on accounting for multiple classes of shares. He has been a frequent speaker on various topics including audit committees as well as tax, accounting, and operational issues facing mutual funds and their advisors. He has served on the Board of Imagination Stage and currently serves on the Boards of Leadership Montgomery, Montgomery Hospice, and the Arts of and Humanities Council of Montgomery County (former Chair).
Vice President, Client Services, Calvert Investments, Inc.
Mr. Young is responsible for the day-to-day management of the client/intermediary call service center and Distribution & Marketing support to ensure that the highest level of customer service is provided to shareholders and brokers. He is responsible for establishing a strong regulatory framework in which procedures and conduct are evaluated to comply with FINRA and SEC rules and regulations. Mr. Young has been with Calvert since 1983, during which time he also supervised the Broker Operations Department. Mr. Young received his BA in Biology & Psychology from George Mason University. He is FINRA Series 7 and 24, and Insurance and Annuity licensed.