About
Wasatch

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Our People

The confidence investors find in Wasatch Advisors comes not just from what we do, but from who we are. Wasatch Advisors is 100% employee owned—we deeply believe in our practices and back them up with our own time and investments. To protect the interests of both our investors and our organization, our equity is broadly distributed across the firm. In addition, our ownership is structured to perpetuate the organization beyond our first generation of management.

Wasatch Funds Board of Trustees

The Board of Trustees to Wasatch Funds continually monitors the performance and key decisions of the company. The Board consists of five Independent Trustees and one Interested Trustee. This Board is also a separate entity from the Wasatch Advisors Board of Directors.

Mim Allison

Miriam M. Allison

Former CEO
Sunstone Financial Group

Mim Allison brings a wealth of experience to the Wasatch Funds board—both in financial knowledge and leadership experience. In addition to her role as an independent trustee on this board, Mim is a Director of the Northwestern Mutual Series Funds, representing 27 portfolios. For over three decades, she has provided business and financial management services to investment advisors and businesses.

Mim began her career as portfolio manager and financial planner for First Wisconsin Trust Company and then as business manager of Firstar Funds, a registered investment company. In 1990, she founded Sunstone Financial Group, a mutual fund administrator, fund accountant, transfer agent, and distributor. This company was acquired in 2001 by UMB Financial Corporation. Re-named UMB Fund Services, Mim remained with the company as CEO until 2003 and Chairman of the Board until 2005, and served on the Board of Directors and Executive Committee of UMB Financial Corp. until her retirement.

Mim's 30+ years of specific experience in mutual funds give her an authoritative perspective the board values. As the board Financial Expert, Mim lends a keen eye to reviewing fund expenses and financial statements.

Mim is a pilot and also enjoys a number of outdoor activities including hiking, biking and kayaking. She is a graduate of the University of Wisconsin-Madison with a degree in economics.

James Croft

D. James Croft, PhD, Director

Former CEO
Mortgage Asset Research Institute

Jim Croft brings a broad range of management and policy-making experience to his role on the Wasatch Funds board. The founder and CEO of the Mortgage Asset Research Institute (MARI, since acquired by ChoicePoint Services), Jim developed a nationally recognized database that tracks companies within the mortgage industry.

Prior to founding MARI, Jim was the Executive Vice President for Risk Management at the Federal Home Loan Mortgage Corporation (Freddie Mac) until 1990. During the 1980’s, Jim served as the Director of Examinations and Supervision at the Federal Home Loan Bank Board. He oversaw the merger or closing of approximately 700 savings and loans. Jim’s experience has led to regulation and standard setting, expert witness consulting, and advisory roles to the ministries of finance in India and Pakistan.

Jim holds a B.S. in Mathematics from Stanford University and M.B.A. and Ph.D. degrees from Northwestern University Graduate School of Management. For more than 10 years Jim taught management and quantitative analysis at the University of Utah where he also researched, published, and participated in school administration. Outside his professional career, Jim and his family enjoy church and community service and participate with scouting and youth organizations.

Jim Jensen

James U. Jensen, J.D., MBA, CEO

CEO
ClearWater Governance Group

Jim Jensen has served as a director of Wasatch Funds since 1990, and currently serves as Chairman. He is the CEO of ClearWater Governance Group and is of counsel to Woodbury & Kesler and Bayhill Capital Corporation (previously Cognigen Networks). His board positions also include Intelisum, where he was a founder, the University of Utah Research Foundation, and Exeven Therapeutics Corp., which he also founded and serves as CEO and director.

From 1986 to 2004, Jim served as a director, vice president, general counsel and secretary to NPS Pharmaceuticals, Inc., a public biotechnology company. He was an outside director to InterWest Home Medical, Inc., a public home medical supplies company. Jim was also outside counsel, and later, Chief Financial Officer to Cericor, a public technology company later sold to Hewlett-Packard; General Counsel of Dictaphone Corporation; and was the founder and first president of the MountainWest Capital Network. Jim was a founder, board member and first legal counsel to the Utah Ronald McDonald House.

Jim graduated from the University of Utah, served a Fulbright Grant in Mexico and received his J.D. and M.B.A. degrees from Columbia University. He frequently lectures about technology and corporate governance. In addition to teaching university computer law and entrepreneurship courses, Jim has written articles about legal issues in high-tech start-up companies.

Heikki_Rinne

Heikki Rinne, PhD

CEO
Halton Group

Dr. Rinne, a disinterested Trustee of the Trust, was appointed to serve as a Trustee of the Trust effective October 1, 2012. Dr. Rinne’s experience, skills and education qualify him to serve as a Trustee of the Trust. Since 2002, Dr. Rinne has been the Chief Executive Officer of Halton Group, an indoor environmental control manufacturing and technology company, with multiple business areas, and operating in 25 countries. Halton Group is headquartered in Finland, with regional headquarters in the USA and Malaysia. Dr. Rinne served on the Board of Halton Group from 1995 to 2001, was President of Halton Systems Division from 1995-1997, and was an independent consultant to Halton Group from 1982 to 1995. Additionally, Dr. Rinne served as the Dean of the College of Business at the University of California, Chico, from 1999 to 2001, a Professor of Business and the Head of the Consumer Sciences department at Purdue University from 1997 to 1999, and a Professor of Business at Brigham Young University from 1984 to 1995. Dr. Rinne also served on the Board of Touchfon International from 1991 to 2009, and Infosto Group from 1993 to 2009. Dr. Rinne received his Bachelor of Science degree in business from Brigham Young University in 1975, his MBA from the University of Oregon in 1976, and his Ph.D. in Business Administration and Marketing from Purdue University in 1981.

Sam Stewart

Samuel S. Stewart, Jr., PhD, CFA

Chairman & Portfolio Manager
Wasatch Advisors

Dr. Sam Stewart founded Wasatch Advisors in 1975. Sam serves as Chairman of the Board of Wasatch Advisors and has been the lead Portfolio Manager for the Wasatch Strategic Income Fund since its inception in 2006, and for the Wasatch World Innovators Fund since 2008.

Prior to founding Wasatch Advisors, Sam was Chief Financial Analyst with the U.S. Securities and Exchange Commission in the Division of Investment Management Regulation. He has also been a professor of Finance at Columbia University’s Graduate School of Business and at the University of Utah. 

Sam earned both a PhD and an M.B.A. from Stanford University where he held the Alfred P. Sloan, Jr. Fellowship. Earlier, he attended Northwestern University as an Austin Scholar and graduated with a B.S. in Business Administration. A member and past president of the Salt Lake City Society of Financial Analysts, Sam has served as a corporate forecasting project director for the Financial Analysts Federation and has written scores of papers for professional and academic journals. 

Sam is a Utah native who loves to travel the globe or to get dirty working on his family ranch in central Utah.  He stays fit by running and playing basketball, and he is an avid Utah Jazz basketball fan.

Bill Swinyard

William Swinyard, PhD

Emeritus Professor of Marketing
Brigham Young University

Bill Swinyard has been an independent board member for Wasatch Funds since 1986. He is Emeritus Professor of Marketing and holder of the Fred G. Meyer Chair of Marketing in the Marriott School of Management at Brigham Young University, where he was on the faculty since 1978. Bill has also been on the faculties of The National University of Singapore, Arizona State University, and Santa Clara University.

In addition to his university life, Bill has provided marketing research and product management for Fortune 500 companies including Struman and Associates, Faneuil Research Group, Health Care Innovations, Saga Enterprises, Vivitar, MSL Industries, and Carnation.

Bill has been involved in marketing strategy for 40 years and is especially interested in consumer behavior. He holds a PhD from the Stanford University Graduate School of Business, an M.B.A. from the University of Michigan Stephen M. Ross School of Business, and a B.S. from Brigham Young University.