Donald Cecil was a founding partner in 1970 of Cumberland Associates, a private investment management firm with more than $1 billion in assets under management. He was managing partner until 1982 when he became a special limited partner in order to devote more time to civic, charitable, and corporate activities. From 1963 to 1970 he was senior vice president and director of institutional research at Shearson Hammill (now known as Morgan Stanley Smith Barney) and president of Shearson Hammill Asset Management Company. Mr. Cecil is a member of the Economic Club of New York, the Institute of Chartered Financial Analysts, and the New York Society of Security Analysts. He is a retired director and trustee of 43 Merrill Lynch Mutual Funds domestic and international; a member of Rycote Advisory Panel, Geneva, Switzerland; retired chairman of the Valuation Advisory Board of Biotechnology Investments Ltd., London; former chairman of the Directors Program Committee of the Investment Company Institute, Washington, D.C.; and a former director of Grey Advertising, Columbus Dental, and Ward Foods. Among his civic and charitable activities, he is chairman of the Westchester County Board of Transportation, former president of the Cage Teen Center in White Plains, past chairman of the board of the Friends of the Neuberger Museum of Art in Purchase, vice chairman and trustee of the SUNY Purchase College Foundation, and treasurer and director of the Center for Educational Innovation in New York City. With his wife he has sponsored the Mount Vernon I Have a Dream program, Writing Through the Arts at the Neuberger Museum of Art, and the Jandon College Scholarship program in Westchester County. Recently they established the Jandon Foundation Scholarships in Acting and the Jandon Theatre Production fund at SUNY Purchase. Mr. Cecil graduated from Yale University in 1947 with a B.S. degree in Applied Economics and spent most of his professional career in the securities industry.
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