Dr. Shinn, Ph.D. was Chairman and Chief Executive Officer of First Boston, Inc. from 1975 to 1983. Prior to joining First Boston in 1975, he was President and Chief Operating Officer of Merrill Lynch and Company, Inc., where he began his career in 1948. Dr. Shinn had been a member of the boards of The New York Times Company and various funds of the Colonial Management Group of Mutual Funds, a Trustee of the National Council for the Humanities, and a Trustee Emeritus of Amherst College where he served as Chairman of the Board of Trustees. He is a Director Emeritus of the Research Corporation, a former Trustee and director of The New York Philharmonic Society, and a former Trustee of the Lucille P. Markey Charitable Trust, the National Humanities Center, and the Rockefeller Family Office Trust. Also, he served on the boards of the New York Life Insurance Company, Phelps Dodge Corporation, Superior Oil Company, the American Stock Exchange and The New York Stock Exchange.