Mr. Stein was a Senior Managing Director at JMP Securities from 2004 to 2012 and from 1997 to 2004 he was a Venture Partner of Weston Presidio, a venture capital company. From 1982 to 1995 he was Executive Director of Investment Banking, a Senior Managing Director and member of the Executive Committee at Montgomery Securities. Mr. Stein received his AB at Columbia College and his MBA at the Harvard Graduate School of Business Administration. He began his career in 1954 with Goldman Sachs and Company and retired as a General Partner in 1976. In March 1978 he was appointed Secretary of the Business, Transportation, and Housing Agency for the State of California and served in that capacity until October 1980. From September 1981 to September 1982, Mr. Stein served as Associate Dean - Executive Education at the Walter Haas School of Business, University of California, Berkeley. He is Trustee of the California College of the Arts and Chairman Emeritus of the Board of Trustees of the American Conservatory Theater.