Members of the Board of Trustees
J. Garrett Stevens
Timothy J. Jacoby
Mark A. Zurack
Mark A. Zurack retired from Goldman Sachs at the end of 2001 after an 18-year career. He is currently a Professor, teaching at both Columbia Business School and Cornell University. Professor Zurack joined Goldman Sachs in 1983 and started the equity derivatives research group. He later assumed a broader leadership role in equity derivatives, comanaging the product in both North America and Asia and leading the effort to cross-market equity derivatives products to high-net-worth individuals. He became a Partner in 1994 and a Managing Director in 1996. Between 1998 and 2001, Professor Zurack served on the Board of Directors at the Chicago Board Options Exchange. He received his CFA in 1983, his MBA from Cornell University in 1980 and his Bachelor of Science degree from the State University of New York at Binghamton in 1978.
Mr. Baker joined Exchange Traded Concepts (“ETC”) in September 2011 and serves as Director of Capital Markets, focusing primarily on new Business Development. Jay played a lead role in the creation and successful launch of the Yorkville products - one of which being the first ETF launched on ETC’s platform in 2012 - which was acquired by Van Eck in early 2016.
Prior to his partnership with ETC, Jay spent 12 years at Goldman Sachs, where he was a Vice President of ETF Business Development for their Electronic ETF Trading Group. Jay previously worked at the American Stock Exchange in the ETF and Options department and was involved with marketing of the SPDR, the first ETF launched in the United States. The SPDR trades 200 million shares a day and has approximately $200 billion in AUM.
Jay graduated from Ohio Wesleyan University with a BA and received an MBA in Finance from Pace University.
Richard R. Hogan
Richard R. Hogan began his professional career as an Independent Options Trader on the floors of the New York Stock Exchange and American Stock Exchange and was recruited by Spear, Leeds & Kellogg (“SLK”) as a Specialist in early 1987, later becoming a Limited Partner and a Managing Director in 1992. As Managing Director of the Index Derivatives Group, Rich established trading operations and nurtured Exchange Traded Funds (“ETFs”) as a Specialist in SPDRs, WEBS, Sector SPDRs, iShares and other ETFs. Rich worked closely with Exchange staff, issuers, index providers and others in conceiving, designing, developing, launching, marketing and trading new ETFs. Notably, he championed the idea of a fixed income ETF. In 2000, Rich became a Managing Director of Goldman Sachs when SLK was merged and has been actively managing his own portfolio since 2002. Rich was a Founder and Managing Member of Yorkville ETF Advisors, a sponsor of the Yorkville exchange traded funds, which were acquired by Van Eck in early 2016. He graduated from Villanova University in 1983 with a degree in Bachelor of Arts, Honors.