William P. Stewart
Executive Chairman
William P. Stewart is Executive Chairman of W.P. Stewart & Co., Ltd. Mr. Stewart stepped down from his role as Chief Executive Officer in September 2008 but continues his leadership of the firm's investment research and portfolio management team. He started on Wall Street in 1955 on the trading floor of the New York Stock Exchange. He joined Spingarn, Heine & Co. in 1957 as an analyst/registered representative and, in 1961, moved to Pyne, Kendall & Hollister in the same capacity. He was successively Director of Research, General Partner responsible for the firm's investment advisory and institutional operations, President of its international investment banking subsidiary, Managing Partner and Chairman and Chief Executive Officer of Riter, Pyne, Kendall & Hollister, Inc. After the sale of Riter, Pyne's principal business in early 1973, Mr. Stewart joined Ruane, Cunniff & Co., an investment management firm, as Vice Chairman, while simultaneously founding W.P. Stewart & Company as a corporate consultant. He established W.P. Stewart & Company as an investment advisory firm in 1975.

Mark Phelps
Chief Executive Officer and President
Mark Phelps is Chief Executive Officer, President and Managing Director - Global Investments of W.P. Stewart & Co., Ltd. Mr. Phelps was appointed Chief Executive Officer in September 2008 and joined the Board of Directors at that time. He continues in his role as Global Portfolio Manager at W.P. Stewart & Co. (Europe), Ltd., the company's London research and portfolio management subsidiary, which he joined in February 2005. Mr. Phelps is a British national with more than 20 years experience in European, U.S. and Global investment research and portfolio management. For over ten years he has held senior positions with the Dresdner Bank organization in both London and San Francisco. Most recently he served as a Chief Investment Officer for Global Equities at Dresdner RCM in San Francisco. Mr. Phelps has a BA (Hons.) in Economics from the University of York in England and completed graduate studies at the Royal Military Academy Sandhurst, England. From 1981 to 1984 Mr. Phelps was in the British Army and finished his service with the rank of Captain.

Henry B. Smith
Deputy Chairman and Director
Henry B. Smith has served as a Director of W.P. Stewart & Co., Ltd. since June 1998. Mr. Smith became President and Chief Executive Officer in May 2005 and resigned from these positions effective as of March 31, 2006, due to health reasons. Mr. Smith remains on the Board of Directors in the position of Deputy Chairman and member of the Executive Committee. Until its acquisition by HSBC Holdings PLC in February 2004, Mr. Smith was Chief Executive Officer and a Director of The Bank of Bermuda, with whom he had been employed in various capacities since 1973. From February 2004 until January 1, 2005, he held the position of Executive Director of the Bank of Bermuda, with oversight responsibility for the integration of the Bank's businesses into the HSBC group. Mr. Smith remains a non-executive director of The Bank of Bermuda and is also a director of Axis Capital Holdings Limited in Bermuda.

John C. Russell
Director
John C. Russell has served as a Director of W.P. Stewart & Co., Ltd. since 1998. Mr. Russell stepped down from his interim position as President and Chief Executive Officer in February of 2007 but remains a valued consultant to the firm as well as a Director and a member of the Executive Committee. Mr. Russell relinquished the position of Deputy Chairman as of March 31, 2006 when he became interim President and Chief Executive Officer. He joined the Stewart Group in 1996 as General Counsel, relinquishing that position after becoming the firm's Chief Operating Officer in April 1997. From 1992 to 1996, Mr. Russell was a partner in the law firm of Kroll & Tract. From 1987 through 1992, Mr. Russell served as President and Chief Executive Officer of the Ohio Brass Company, a manufacturing company, and OB Systems and Mining, Inc., another manufacturing company. From 1980 to 1987, he served as President and Chief Executive Officer of Naarden International, Inc., an international fragrance and flavor company. In 1970, Mr. Russell was a founding partner of the law firm Anderson Russell Kill & Olick. Mr. Russell has more than 40 years of experience in domestic and international corporate and securities law.

Angus S. King, Jr.
Director
Angus S. King, Jr. has served as a Director of W.P. Stewart & Co., Ltd. since February 2004. Mr. King is currently Of Counsel to the law firm of Bernstein, Shur, Sawyer and Nelson and is affiliated with Leaders, LLC, a mergers and acquisitions firm, both groups being headquartered in Portland, Maine. Mr. King is also a Distinguished Lecturer at Bowdoin College in Brunswick, Maine. Mr. King served as the Governor of the State of Maine from 1995 to 2003. He was first elected as an independent in 1994 and was re-elected in 1998. Prior to this, Mr. King was in the private practice of law from 1975 until 1983 with the firm Smith, Loyd and King in Brunswick, Maine. From 1976 until 1993 Mr. King hosted and co-produced a variety of public affairs programming on Maine PBS stations. He was employed for six years as the Vice President and Chief Counsel in Portland, Maine for the Swift River-Hafslund Company. From 1989 to 1994 he served as the President of Northeast Energy Management, Inc., a company that he founded.

Alfred J. Mulder
Director
Alfred J. Mulder has served as a Director of W.P. Stewart & Co., Ltd. since May 2007. Mr. Mulder is currently the Chairman of the Board of LBI International AB, a digital agency network listed on the Amsterdam and Stockholm stock exchanges; Co-Chairman of the Board of Lithium Technology Corporation, a manufacturer of rechargeable batteries and cells listed on the over-the-counter bulletin board; Chairman of the Investment Advisory Committee of Greenfield Capital Partners N.V.; and a member of the Board of Directors of several private companies in Europe and the U.S. In 1995, Mr. Mulder co-founded Greenfield Capital Partners N.V. and had served as Partner and Chairman of its Investment Committees until 1999 and Chairman of the Board from 2000 to 2001. Prior to 1995, Mr. Mulder had been Senior Advisor to HAL Investments N.V. from 1993 to 1995, a member of the Board of Management of Pon Holdings B.V. from 1991 to 1993, and President and CEO of Transmark Holding B.V. from 1981 to 1991. He started his career at Xerox Corporation in 1963 where he held various positions until 1981. In addition to his current Board memberships, Mr. Mulder has previously served on the Supervisory Boards of several European-based companies, including a public telecommunications company based in Brussels and a publicly traded car manufacturing company listed on the Amsterdam stock exchange. 

Heinrich Spangler
Director
Heinrich Spangler has served as a Director of W.P. Stewart & Co., Ltd. since June 1998. For the last 25 years, Mr. Spangler has served in various capacities, including managing partner, and presently serves as Spokesman of the Board of Management and Chief Executive Officer of Bankhaus Carl Spangler & Co. AG, the oldest private bank in Austria. Mr. Spangler also serves as Chairman of the Supervisory Board of Carl Spangler Kapitalanlageges. m.b.H., a private investment company located in Salzburg, Austria.

Richard D. Spurling
Director
Richard D. Spurling has been a Director of W.P. Stewart & Co., Ltd. since June 2002. Mr. Spurling retired in March 2005 as Senior Partner at Appleby (formerly Appleby, Spurling & Kempe), an international law firm with offices in Bermuda, the Cayman Islands, British Virgin Islands, London (UK) and Hong Kong, where he had practiced since 1977. He obtained his English Bar qualification in 1975 and was called to the English Bar in November 1976 following pupilage at Law Chambers in London. He was called to the Bermuda Bar in 1977. Mr. Spurling also serves as a director of Belco Holdings Limited, Bermuda Electric Light Company Limited, BF&M Life Insurance Company Limited, BF&M Limited, Bermuda International Insurance Services Limted and Bermuda Press (Holdings) Ltd. in Bermuda; as a Life Trustee of the Bermuda Biological Station for Research, Inc; and as a Trustee of the St. George Foundation. Mr. Spurling was an elected Member of the Bermuda Parliament for five years and served as the Government Whip.

Alexandre von Furstenberg
Director
Alexandre von Furstenberg joined the Board of Directors of W.P. Stewart & Co., Ltd. in November 2008. Mr. von Furstenberg is currently the Co-Managing Member of each of Arrow Advisors LLC, Arrow Capital Management LLC and Arrow Offshore Advisors LLC, positions he has held since 2003. Mr. von Furstenberg is also a partner and director of Diane von Furstenberg Studio, L.P., a high-end clothing apparel company. Prior to forming Arrow Advisors LLC in 2003, Mr. von Furstenberg co-founded two separate hedge funds and was the Chief Investment Officer of Arrow Investments, Inc., a private investment office serving his family.

Rocco Macri
Managing Director - Chief Operating Officer
Rocco Macri is Managing Director - Chief Operating Officer of W.P. Stewart & Co., Ltd. He served as Deputy Managing Director - Chief Financial Officer from September 2001 until May 2005 and as Finance Director from March 1999 until September 2001. From 1993 through 1999, he was a Partner with the accounting firm of Lopez, Edwards Frank & Co., LLP, where he was a Manager from 1984 through 1998. From 1984 through 1998 Mr. Macri had principal responsibility for the Stewart Group audit. Mr. Macri received a B.A. in Business Administration in 1981 from Adelphi University and is a Certified Public Accountant.

Susan G. Leber
Managing Director - Chief Financial Officer
Susan G. Leber is Managing Director - Chief Financial Officer of W.P. Stewart & Co., Ltd. She served as Deputy Managing Director - Financial Operations from March 2003 until May 2005, as Director of Financial Operations from December 2001 until March 2003 and as Deputy Finance Director - Group Controller from March 1999 until December 2001. Prior to joining W.P. Stewart, she was a Senior Manager with the accounting firm of Lopez Edwards Frank & Co., LLP from 1993 to 1999, where she was manager of the Stewart Group audit. Ms. Leber received a Bachelors of Science degree in accounting from The University of Staten Island and is a Certified Public Accountant.

William O. Hall, III
Managing Director - Marketing & Client Services (United States)
William O. Hall, III is Managing Director - Marketing & Client Services (United States). Prior to February 2007 he was Senior Vice President of W.P. Stewart Asset Management (N.A.) Inc. He has more than 20 years of experience in the investment and wealth management business. Prior to joining W.P. Stewart, Mr. Hall was Managing Director of H.M. Payson & Co., a private trust company in Portland, Maine. Mr. Hall was also a founder and managing principal of Hazzard & Hall, CPA's, PA. He holds a bachelors degree from the University of Richmond and a Masters in Finance from Bentley College. Mr. Hall is a Chartered Financial Analyst, a Certified Public Accountant and a Certified Financial Planner. He serves on the boards of a number of charitable organizations and is Vice Chairman of Maine Education Services.

Charles G.R. Target
Managing Director - Communications and Corporate Development
Charles G. R. Target became Managing Director - Communications and Corporate Development of W.P. Stewart & Co., Ltd. in February 2007. Prior to 2007 he served as Deputy Managing Director - International Developement of W.P. Stewart & Co., Ltd. Mr. Target is an Executive Director of our Asian affiliate, Bowen Asia Limited. Prior to the founding of Bowen, Mr. Target was a general partner and director of Alan Patricof Associates, the London-based international venture capital company. Before joining Patricof in 1988, Mr. Target served as Managing Director of Business International Asia/Pacific Ltd., an economic research and consulting company owned by the Economist Group, where he was responsible for the Asian regional operations of the company.

Sylvia Cart
Deputy Managing Director - Broker/Dealer
Sylvia Cart is Deputy Managing Director - Broker/Dealer of W.P. Stewart & Co., Ltd. Ms. Cart also serves as Vice-President and Compliance Officer of our broker-dealer subsidiary W.P. Stewart Securities Limited. She served as Supervisor of our broker-dealer operations from February 1998 until March 2000 and as Senior Trading Administrator since February 1998. Prior to joining W.P. Stewart, she was a Costing Analyst in the Global Custody department of The Bank of Bermuda. Ms. Cart received a Business Diploma from The Bermuda College.

Frederick M. Ryan
Deputy Managing Director - Investor Relations
Frederick M. Ryan is Deputy Managing Director-Investor Relations of W.P. Stewart and Co., Ltd. Prior to joining W.P. Stewart in 1998, Mr. Ryan had extensive experience as a private consultant serving clients in industry and government as well as individuals. He served as President of Canada Life Investment Management for seven years and as an Officer and Director for 13 years of R.A. Daly & Co., Ltd., a former member firm of the Toronto Stock Exchange. Mr. Ryan has been a member of AMIR since 1967 and served as president of the Toronto Society of Financial Analysts (a constituent member society of AIMR), in 1976-1977. He has a B.A. (economics & political science) from St. Francis Xavier University and graduate Diploma in Management from McGill University.

Debra Randall
Secretary
Debra Randall has served as Secretary of W.P. Stewart & Co., Ltd. since January 2001. Ms. Randall has been a Corporate Administrator for Appleby Corporate Services, formerly A.S. & K Services Ltd., a corporate administrative services company in Bermuda, since 1997. Ms. Randall has over 11 years experience in the legal and corporate services sector, including with the TrizecHahn Corporation and the law firm of Davies, Ward & Beck in Toronto, Canada.

Seth L. Pearlstein
General Counsel
Seth L. Pearlstein is General Counsel of W.P. Stewart & Co. Ltd. He joined W.P. Stewart in 2002 as Associate General Counsel until August 2007. Previously, Mr. Pearlstein was Of Counsel at Dorsey & Whitney LLP for over two years. Prior to joining Dorsey & Whitney LLP, he served as an associate in the corporate department at Skadden, Arps, Slate, Meagher & Flom LLP for eight years. He holds a B.S. magna cum laude in Accounting from New York University and a J.D. from New York University School of Law.

Edward C. Butler
Chief Information Officer
Edward C. Butler is Chief Information Officer for W.P. Stewart & Co., Ltd. He has 35 years of information service experience, 23 years of which are in the financial services industry. Prior to joining W.P. Stewart in 1998, Mr. Butler was a Senior Vice President responsible for Information Services at Wagner Stott Clearing Corp. (a wholly-owned clearing subsidiary of Merrill Lynch). Mr. Butler was with the brokerage firm of Hertzfeld & Stearn for five years and also served as Senior Vice President of Management Information Services for the NYSE specialist firm of Robb, Peck & McCooey, Inc. from 1978 - 1981. He attended St. John's University.