Tuesday, 27 September 2016
Last updated 3 hours ago
Nov 16 2010 | 5:59am ET
Stephen R. Burke has been appointed president and CEO of the New York-based investment management firm A.R. Schmeidler & Co.
Burke will assume the responsibilities of firm founder Arnold Schmeidler, who will become chairman of the company he founded in 1971. The firm has been a wholly owned by Hudson Valley Bank since late 2004.
Burke has served as the company’s business development officer for the past three years. Prior to joining A. R. Schmeidler & Co. in 2007, he served as chief executive officer of Americas Institutional Business for Deutsche Asset Management. He also served as a vice chairman of Standish Mellon Asset Management and previously spent 20 years in various leadership roles at The Dreyfus Corporation.
With $1.4 billion in assets under management, A. R. Schmeidler & Co. serves institutions, high net worth individuals and family offices, both domestic and international. The firm’s investment strategy combines the elements of a global macro-economic view with a fundamental security-selection process.
Hudson Valley Bank (HVB) is a Westchester-based bank with $2.8 billion in assets.