Raymond A. Mason

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Raymond A. Mason "founded Mason and Company in 1962 and has spent his career building the financial services organization Legg Mason, Inc., which now has assets under management of $216.6 billion (as of 6/30/03). He serves as chairman of the board, president and chief executive officer of Legg Mason, Inc., and is chairman of the board and chief executive officer of its brokerage subsidiary, Legg Mason Wood Walker, Incorporated, which has more than 1,400 financial advisors in over 140 offices.

"Mr. Mason has been very active in the securities industry. He is currently a member of the National Association of Security Dealers' (NASD) Board of Directors, and served as that organization's chairman of the Board of Governors in 1974 and 1975. He served as chairman of the Securities Industry Association (SIA) in 1986 and as a board member from 1983 to 1988. Mr. Mason was chairman of the Regional Firms Committee of theNew York Stock Exchange from 1978 to 1981, and is a past member of the New York Stock Exchange Nominating Committee.

"Mr. Mason's civic interests are many. In May 2002, he was elected as chairman of The Johns Hopkins University's board of trustees; he is also a trustee and member of the executive committee of Johns Hopkins Medicine. Since 1995, he has chaired the Maryland Business Roundtable for Education. Previously, he chaired the 1985 United Way of Central Maryland Campaign. Mr. Mason also served as Chairman of the Board of Sponsors for the Sellinger School of Business and Management of Loyola College from 1981 to 1988. In addition, Mr. Mason was chairman of the Greater Baltimore Committee from 1988 to 1990. He has received Honorary Doctorate degrees from the College of William and Mary, Loyola College and Mount St. Mary's College." [1]

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