Marc L. Paley

Mr. Paley is a Managing Partner of Scura Partners Securities LLC. Prior to joining SP, he was President and Chief Executive Officer of Beacon Trust Company, a wealth management firm with $1.4 billion in assets under management (“AUM”). During Mr. Paley’s tenure AUM increased by $500 million. Beacon was sold to Provident Bank (NYSE:PFS) in 2011.

Mr. Paley spent over 18 years at Lehman Brothers, Inc., where he was a Managing Director and held several senior management positions through 2007.

During his time at Lehman Brothers, Inc., Mr. Paley was Global Head of Equity Capital Markets and Global Head of the U.S. Cash Equities Business. In these capacities, he managed over 700 people worldwide in Capital Markets, Trading, Sales, and Research. Mr. Paley was a member of the firm-wide Management Committee, Global Investment Banking Executive Committee, and the Global Equities Executive Committee.

Additionally, he spent two years as Chief Operating Officer of the Global Trading Strategies Group, where he was responsible for 20 professionals, managing $5 billion invested in Equities, Fixed Income, and Private Equity. Mr. Paley spent 2007 as acting CEO and Supervisory Board member of Meridian 10 Holding AG, a German Shipping Investment Company. He was a founder of Meridian 10 while employed at Lehman Brothers, Inc.

Mr. Paley is currently a member for the Board of Trustees of Lehigh University and holds positions on the Investment sub-Committee of the Lehigh Endowment and the Executive Committee Advisory Board for the College of Business and Economics. He earned his B.S. from Lehigh University and his M.B.A. from Columbia University.