Philip M. Bilden, Contrast Capital Global Advisory Board Member, Under Consideration for United States Secretary of the Navy

BOSTON–(BUSINESS WIRE)–Contrast Capital Global Advisory Board member, Mr. Philip M. Bilden, is under consideration for the appointment of United States Secretary of the Navy, according to published news reports. Francis X. Claro, Founder and Portfolio Manager of Contrast Capital, said, “Philip has been a trusted advisor to me for over 25 years and to Contrast Capital since its inception. His outstanding financial and management skills, and in-depth knowledge of the Asia Pacific region where he has built a successful business over two decades, have been essential to the development of Contrast. Philip is a gentleman of the utmost integrity, with a record of honorable service to our country in and out of uniform. Philip served our country as a Military Intelligence Officer in the U.S. Army Reserve for ten years, from distinguished ROTC graduate at Georgetown University through the rank of Captain. Philip’s leadership, work and advocacy for the U.S. Naval War College Foundation and the U.S. Naval Academy have benefited the U.S. Navy greatly. The Bilden family has served the nation in uniform for four consecutive generations with Philip’s two sons presently serving in the U.S. Navy. We commend Philip’s willingness to undertake public service after a highly successful career as a private sector business leader. We are proud that Philip is being considered to serve our nation as the 76th US Secretary of the Navy.”

Contrast Capital Management is an independent investment management and advisory firm with a long term track record focused on fundamental global investing. Our clients include individuals, RIA’s, partnerships and institutions.

The firm was founded and is led by Mr. Francis X. Claro, a senior investment professional with over 20 years of experience managing multi-billion dollar investment funds for leading asset management firms including Wells Capital Management, the investment arm of Wells Fargo Bank and Evergreen Investments, the investment arm of Wachovia Bank.

Contrast Capital employs an active fundamental investment approach that blends a strict discipline of company analysis with an assessment of macroeconomic factors. Contrast Capital is research-driven, valuation-sensitive, and invests globally. This release is informational only and does not contain investment advice.

For more about Contrast Capital visit http://www.contrastcap.com/ or call 617-523-0104.

Contacts
Contrast Capital Management, LLC
Mary Babb, 617-523-0104