Jim Stern headed Lehman Brothers' merchant banking group before leaving that firm to help found The Cypress Group. During his 20-year tenure with Lehman, he held senior management positions where he was responsible for the high yield and primary capital markets groups. He also served as co-head of investment banking and was a member of Lehman's operating committee. Mr. Stern has broad industrial experience and particular knowledge of the retailing and consumer products industries. Before graduating from Harvard Business School, Mr. Stern received a BS degree from Tufts University where he is a trustee. He is currently a director of Lear Corporation, Cinemark USA, AMTROL, and WESCO International.