Francis H. Powers was a partner and managing director of Weiss, Peck & Greer, LLC, from 1977 to 2002, a firm now owned by Robobank/Robesco. While at the firm he was head of its Operations and Clearing Services Division, served as treasurer for the company’s public mutual funds, provided management supervision for information technology, and was in charge of human resources functions. He also served on the firm’s Management and Operations Committees.
Prior to joining Weiss, Peck & Greer, Mr. Powers was a partner with Faulkner, Dawkins & Sullivan, Inc. for nearly ten years, where he was in charge of operations processing, human resources, and facilities planning. He also helped merge the firm into what became Shearson Lehman, Inc.
In addition to being a member of the New York Stock Exchange and the Chicago Board of Options for more than 20 years, Mr. Powers has been one of Wall Street’s innovators and pioneers in securities processing operations. He led the effort to reengineer and provide automation of the movement of securities, working with all of the major industry firms and facilities, and served as president of the Securities Industries Operations Division.
He has demonstrated a substantial commitment to giving back to the community in many ways. Highlights include service as president of the Staten Island Academy, the oldest independent school in New York City; 20 years of membership on the board of trustees of St. Vincent’s Hospital, Staten Island, serving on its Finance Committee and as assistant treasurer. He has also been president of the Downtown Athletic Club and president of the Heisman Trophy Foundation. |