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The Business of Writing - Lundquist College of Business - University ...

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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 />

17

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