Lee N. Price, CFA, is CEO of Price Performance Measurement Systems, Inc., a firm which specializes in the calculation and reporting of after-tax investment performance. Previously, he was managing director of Dresdner RCM Global Investors where he was equity portfolio manager and global channel manager. Mr. Price served as vice chair of the FAF Board of Directors and chair of the AIMR Performance Presentation Standards Implementation Committee, the Global Investment Performance Standards Committee, the Operations Oversight and Audit Committee and the After-Tax Performance Committee. He is currently an AIMR Governor, a trustee of the Financial Accounting Foundation (parent of the FASB), and a member and past president of the Security Analysts of San Francisco. Mr. Price holds a B.S. from Stanford University, an M.S. in nuclear engineering from the Massachusetts Institute of Technology, and an M.B.A. and Ph.D. from Stanford University.