Reynolds, Strandberg join USSA Foundation board

By Published On: September 18th, 2006Comments Off on Reynolds, Strandberg join USSA Foundation board

Reynolds, Strandberg join USSA Foundation board{mosimage}U.S. Ski and Snowboard Team Foundation Vice President Trisha Worthington said Monday that Robert Reynolds and Steve Strandberg have been named trustees of foundation’s board.

“We are thrilled to add two more outstanding individuals to our Board,” Worthington said. “Their business expertise will benefit our organization and they will help increase USSA’s presence in two very important markets — Boston and San Francisco.”

Reynolds is vice chairman and chief operating officer of Fidelity Investments, the largest mutual fund company in the United States. He also is head of the Fidelity Management Committee and a member of the board of directors of FMR Corp. In addition, he serves as a trustee for the Fidelity family of mutual funds and is on the board of Fidelity Investments Canada Limited.

Before being named COO in June 2000, Reynolds was president of Fidelity Investments Institutional Retirement Group. He was named to that position in 1996. He was president of Fidelity Institutional Retirement Services Company from 1989-1996, and an executive vice president of Fidelity Management Trust Company from 1984-1989. He joined Fidelity in 1984. Before joining Fidelity, Reynolds was senior vice president of North Carolina National Bank in Charlotte, North Carolina, from 1977-1984.

Reynolds received his Bachelor of Science degree in business administration with a major in finance from West Virginia University in 1974. He was elected to the Academy of Distinguished Graduates of West Virginia University and serves as a director of the Foundation Board for the University. He also serves on the Board of the Initiative for a Competitive Inner City, the Board of Concord Museum and the National Board of the American Ireland Fund. Reynolds is an avid skier and enjoys the slopes of Jackson Hole, Wyoming.

Strandberg, an active supporter of the Sun Valley Ski Education Foundation, is managing director and co-founder of WestBridge Ventures, which started in 1999. Prior to WestBridge, Strandberg was with Merrill Lynch, where he was founder and head of the West Coast Technology Investment Banking group, specializing in advising emerging private companies on financings and mergers and acquisitions.

He began his technology investment banking career with Morgan Stanley, and also worked at Donaldson, Lufkin & Jenrette. Strandberg earned his MBA in 1986 from Harvard Business School and his AB in 1978 from the University of Chicago. In 1982 Strandberg co-founded ARAMEX, a transportation logistics company based in Amman, Jordan, that serves the Middle East.

Currently, Strandberg is chairman of the Board of Governors of the Boys and Girls Clubs of San Francisco, a trustee of Town School for Boys, a director of the Wood River Land Trust and serves on the visiting committee for the College of the University of Chicago. Strandberg and his wife Diana, who works as an asset manager with Dodge & Cox, have two teenage sons and live in San Francisco.

The U.S. Ski and Snowboard Team Foundation is the nonprofit, fundraising arm of the U.S. Ski and Snowboard Teams that are managed by the U.S. Ski and Snowboard Association (USSA), the national governing body of Olympic skiing and snowboarding. The foundation raises money to support year-round athlete training, development, competition and educational needs of world-class athletes pursuing the Olympic dream. The U.S. Ski and Snowboard Team receives no federal funding or subsidy moneys and operates solely through private donations from individuals, corporations and foundations.

— USSA

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