The Business of Writing - Lundquist College of Business - University ...
The Business of Writing - Lundquist College of Business - University ...
The Business of Writing - Lundquist College of Business - University ...
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- lcb.uoregon.edu
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gEttINg to kNoW BEN SalM<br />
s e CUr I t I es a nalysI s C enter<br />
UO <strong>Business</strong> sat down to get acquainted with Ben J. Salm, the first managing director for the new<br />
Securities Analysis Center. Here are excerpts from the conversation with the 1984 <strong>Lundquist</strong> <strong>College</strong><br />
<strong>of</strong> <strong>Business</strong> alum alum who’s spent most <strong>of</strong> the past 20 years in the investment management industry,<br />
most recently in Boston Boston and London.<br />
uo <strong>Business</strong>: Tell us a little about yourself and your background.<br />
Ben: Well, I was born in Beirut, where my father worked many years for the U.S.<br />
government. My parents were from the East Coast, and when we returned to the States<br />
when I was eight they chose Eugene—funnily enough because my father wanted to teach<br />
here at the university. I eventually took my degree in business here nearly 25 years ago.<br />
So I’m moving here from Massachusetts, but part <strong>of</strong> it’s like coming home.<br />
uo <strong>Business</strong>: What took you from Oregon to Massachusetts in the first place?<br />
Ben: Grad school. My undergraduate degree also carried a minor in computer science,<br />
and I spent six years with a s<strong>of</strong>tware company in Portland, which was great. I’d always<br />
expected to pursue a master’s, so I left for Cambridge to study at MIT when the<br />
time was right. That was a terrific experience.<br />
uo <strong>Business</strong>: And then you got involved in portfolio management?<br />
Ben: Yes, I joined State Street in Boston, which was just getting set to really<br />
grow its investment management business. Our clients were mostly pension<br />
funds: IBM, the Dutch Public Employees, Nestlé—names you’ve heard. We<br />
were beginning to expand globally and I was already involved with that<br />
in Europe and the Middle East. So, to see if we could truly be global and<br />
manage funds from anywhere, I went to our small London <strong>of</strong>fice, a fairly<br />
new idea at the time. Things went well, our business and the markets<br />
grew strongly, and we were firmly on the map. <strong>The</strong> London <strong>of</strong>fice<br />
grew to be 200 people.<br />
uo <strong>Business</strong>: Do you see any similarities between that<br />
experience and what you’re starting with the Securities<br />
Analysis Center?<br />
Ben: In the sense <strong>of</strong> helping to build something new and<br />
lasting, yes I do. I think it’s a matter <strong>of</strong> being thoughtful<br />
about what we’re trying to accomplish here and confident<br />
that we know what we’re about so people can go out and<br />
spread the word, listen to what’s needed, and try to meet<br />
those expectations. As managing director I’m able to share<br />
my experience and skills in a different way—mentoring and<br />
teaching our students, while working closely with faculty<br />
and our partners in industry.<br />
I started my own business in the past few years, and the<br />
work I did in London was at the frontier <strong>of</strong> what we were<br />
doing at the time. Here I get to combine much <strong>of</strong> that<br />
towards something new, all in a place that I care about.<br />
That’s meaningful, and it’s probably hard to script it<br />
much better than that, actually.<br />
For more about Ben Salm and the Securities<br />
Analysis Center, see www.lcb.uoregon.edu/sac.<br />
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