rand capital corp (RAND:NASDAQ CM)

Executive Profile*

Background*

Mr. Allen F. Grum, Pete, serves as the President, Chief Executive Officer, and Director at Rand Capital Corporation. Mr. Grum has been employed with Rand Capital Corp. since 1995. Mr. Grum has served as the President and Chief Executive Officer since January 1996 and became a Director in 1996. Previously, he served as a Senior Vice President at Rand Capital Corporation. since June 1995. Mr. Grum oversees the firm’s investment activities and takes an active role in the ... investment process from deal sourcing to fund marketing. Mr. Grum also serves on the Boards of Directors of a number of companies in which Rand Capital Corporation has an investment. Mr. Grum is a Principal at Rand Capital SBIC, L.P. Mr. Grum is a seasoned financial services executive with over 20 years of experience with financial services organizations. Previously, Mr. Grum was employed in the banking and mortgage banking industries. From 1994 to 1995, he served as an Executive Vice President at Hamilton Financial Corporation and from 1991 to 1994, he served as the Senior Vice President at Marine Midland Mortgage Corporation. Mr. Grum serves as a Director of ARIA Wireless Systems Inc. He holds an M.B.A. from Rochester Institute of Technology and a B.A. in Economics from Eisenhower College.

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RAND:US	$2.94 USD	-0.03

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