Steve Scheid

Steve graduated with a BS in Accounting from Michigan State University and began his career as an accountant for Arthur Anderson & Co.

He has made a name for himself in the world of finance, serving as CEO of Janus Capital Group, Charles Schwab Investment Management and Charles Schwab Corporation. He is an operating partner of Thoma Bravo, one of the most experienced and successful private equity firms in the United States, which has provided equity and strategic and operating support to promising businesses and their management teams for more than 25 years.

He has served on the Federal Advisory Council, Federal Reserve Board, Washington D.C., advising the Federal Reserve System on economic, banking, and regulatory issues. He serves as director of many boards, among them PMI group, Inc. and Blue Nile, Inc., both publicly traded companies.

Janus is a leading mutual fund company serving 4 million clients in more than 25 countries. As early as 2006, Scheid demanded pay cuts for portfolio managers, forcing many to flee the company. It is argued that the company would have been in very bad shape had it gone into the 2008 downturn without making the difficult change of hacking the compensations of its managers.

He is also a partner of Strategic Execution Group, a consulting firm formed in 2006 with his business partner, Jane Ingalls.

In1998 he was recognized by CFO magazine as a CFO of the Year Award finalist for the risk management practices he established at the Charles Schwab Corporation.

He is a former board member of the New Century Chamber Orchestra, San Francisco, Requisite Technology, Inc., Depository Trust Company, and Autodesk. His community involvement has emphasized providing educational opportunities to young adults. In 2003 he completed the endowment of the David Catron Music scholarship at Michigan State University. In 2004 he endowed the L. Don Scheid Woodwind Scholarship at the University of Kansas. In 2006 he established the Next Generation Scholarship to support children of Janus employees.