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Robert C. Pozen  

Senior Lecturer of Business Administration

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Robert C. Pozen was formerly Chairman of MFS Investment Management, which manages over $240 billion in assets for over five million investors worldwide. This represents an increase of more than 80% from the beginning of 2004, when Bob was named Chairman. He serves as a Senior Lecturer at the Harvard Business School and a Senior Research Fellow at the Brookings Institution.

In late 2001 and 2002, Bob was a member of President Bushs Commission to Strengthen Social Security. He developed two models for closing the systems long-term deficit: Retiring on a Budget, The New York Times (Feb 2004), and Arm Yourself for the Coming Battle over Social Security, Harvard Business Review (Nov 2002). His plan was endorsed by President Bush, and was included in a series of memoranda to President Obama from the Progressive Policy Institute (eds. W. Marshall and M.Ribbing, January 2009).

In 2003, Bob served as Secretary of Economic Affairs for Massachusetts Governor Mitt Romney. He helped the Governor close the states large budget gap and reorganize its functions in business and technology, labor and workforce training and consumer affairs. In addition, he supervised the banking and insurance departments.

In 2002-2004, Bob was also the John Olin Visiting Professer at Harvard Law School. In 2007-2008, he served as chairman of the SEC's advisory committee on improving financial reporting.

Bob was formerly Vice Chairman of Fidelity Investments and President of Fidelity Management & Research Company, the investment advisor to the Fidelity mutual funds. During Bobs five years as President, Fidelitys assets increased from $500 billion to $900 billion. From 1987 to 1996, Bob was Managing Director and General Counsel of Fidelity Investments. In that role, he created Fidelitys Charitable Gift Fund, launched Fidelitys entry into the Japanese mutual fund business, and served as a director of its credit card bank.

Before joining Fidelity, Bob was a partner at the Washington, D.C., law firm of Caplin & Drysdale, where he led the banking/securities department from 1981 to 1986. Prior to that, Bob was Associate General Counsel to the Securities & Exchange Commission from 1978 to 1980. Bob also was a law professor at Georgetown and New York University from 1973 through 1977.

In 1968, Bob graduated summa cum laude and Phi Beta Kappa from Harvard College, which awarded him a Knox Traveling Fellowship. In 1972 Bob received a law degree from Yale Law School, where he served on the editorial board of the Yale Law Journal. In 1973, he received a JSD from Yale for his doctoral thesis on state enterprises in Africa.

Bob is an outside director of Medtronics, Inc, and Nielsen, Inc. He is also an outside director of several funds managed by AMC, a subsidiary of the World Bank investing in Africa and Latin America. In addition, he is a member of the governing board of two non-profit organizations, the Harvard Neuro-Discovery Center and the Commonwealth Fund. He is a fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations.

Bob has published on a wide variety of subjects, including opinion pieces in The Wall Street Journal, The Washington Post, The New York Times, and Financial Times. In particular, he authored the first textbook comparing the regulation of banks to other financial institutions, the main textbook on asset managers, The Fund Industry: How Your Money is Managed (Wiley 2011), and a popular book in response to the recent financial crisis entitled Too Big To Save? How to Fix the US Financial System (Wiley, 2009).

Born in 1946, Bob lives in Boston, Massachusetts with his wife Liz, a psychotherapist and figurative artist. They have two adult children, Joanna and David.

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