Donald B. Marron

Chairman and Founder

Donald B. Marron

Chairman and Founder

Donald B. Marron is the Chairman and Founder of Lightyear Capital and a member of the Investment Committee.

Mr. Marron served as Chairman and Chief Executive Officer of PaineWebber for twenty years before its merger with UBS in 2000. Following the merger, Mr. Marron served as Chairman of UBS America until 2003. Previously, Mr. Marron was President and Chief Executive Officer of Mitchell Hutchins, a leading U.S. institutional research firm, as well as co-founded Data Resources Inc. with Harvard economist Dr. Otto Eckstein, which grew into the largest non-governmental source of economic data worldwide. Mr. Marron served as DRI’s Chairman until its acquisition by McGraw-Hill. He began his career at the New York Trust Company.

Mr. Marron is a former Director of the New York Stock Exchange, former Governor and Vice Chairman of the Securities Industry Association, and former Governor of the National Association of Securities Dealers. He is Chairman Emeritus of the Center for the Study of the Presidency, a Trustee of New York University, a Trustee of the Center for Strategic and International Studies, and a member of Memorial Sloan-Kettering Cancer Center’s Board of Overseers and the Council on Foreign Relations. A collector of modern art, Mr. Marron is a Trustee and President Emeritus of the Museum of Modern Art.

A lifelong resident of New York City, Mr. Marron attended New York City public schools and The City University of New York.