James C. Shircliff, CFA  
Chief Executive Officer & Chief Investment Officer
Mr. Shircliff serves in the dual role of Chief Executive and Chief Investment Officer for River Road Asset Management.  Additionally, Mr. Shircliff serves as Lead Portfolio Manager for River Road's Small Cap Value and Small-Mid Cap Value Portfolios and as Portfolio Co-Manager for River Road's Dividend All-Cap Value Portfolio.  Prior to co-founding River Road, Mr. Shircliff served as EVP, Portfolio Manager and Director of Research for SMC Capital, Inc., a Registered Investment Advisor and affiliate of Commonwealth Trust Company (Commonwealth SMC).

 

Mr. Shircliff has 37 years of investment management experience.  He started his career in 1973 as Research Analyst for First Kentucky Trust, where he later served as Director of Research.  In 1983, he joined Oppenheimer Management Company as Special Situations Analyst and, later, Portfolio Manager for Oppenheimer’s Target Fund.  In 1986, Mr. Shircliff joined Southeastern Asset Management (Longleaf Funds) as Partner, Portfolio Manager and Director of Research.  In 1997, he joined SMC Capital, Inc., where he launched River Road's Small Cap Value and Dividend All-Cap Value Portfolios.

 

Mr. Shircliff earned the Chartered Financial Analyst (CFA) designation in 1978 (CFA Institute).  He received his B.S. in Finance from the University of Louisville and is a member of the CFA Institute and the CFA Society of Louisville. 

 

R. Andrew Beck  
President & Senior Portfolio Manager
Mr. Beck serves as Portfolio Co-Manager for River Road's Small Cap Value and Small-Mid Cap Value Portfolios.  Additionally, Mr. Beck serves as President of the firm.  Prior to co-founding River Road, Mr. Beck served as Senior Research Analyst and, later, Senior Vice President and Portfolio Manager for SMC Capital, Inc. (Commonwealth SMC).  Prior to joining SMC Capital, Inc., Mr. Beck held senior-level positions in the manufacturing and media industries.

 

Mr. Beck received his B.S. in Finance from the University of Louisville and his M.B.A. from the F.W. Olin School at Babson College. 

 

Henry W. Sanders III, CFA 
Executive Vice President & Senior Portfolio Manager
Mr. Sanders serves as Lead Portfolio Manager for River Road's Dividend All-Cap Value Portfolio.  Mr. Sanders also serves as Portfolio Co-Manager for River Road's Small Cap Value and Small-Mid Cap Value Portfolios.  Prior to co-founding River Road, Mr. Sanders served as Senior Vice President and Portfolio Manager for Commonwealth Trust Company (Commonwealth SMC).  Additionally, Mr. Sanders served as President of Bridges Capital Management and Vice President of PRIMCO Capital Management.

 

Mr. Sanders earned the Chartered Financial Analyst (CFA) designation in 1992 (CFA Institute).  He received his B.A. in Business Administration from Bellarmine University and M.B.A. from Boston College.  Mr. Sanders is a member of the CFA Institute.  He is an active member and past president of the CFA Society of Louisville and served as adjunct professor of Finance and Economics at Bellarmine University.

 

Thomas S. Forsha, CFA  
Vice President & Portfolio Manager
Mr. Forsha serves as Vice President and Portfolio Co-Manager for River Road's Dividend All-Cap Portfolios.  Prior to joining River Road, Mr. Forsha served as Equity Analyst and Portfolio Manager for ABN AMRO Asset Management, USA, where he was responsible for management of the North American equity allocation of the firm's Global High Income Equity Fund.

 

Mr. Forsha earned the Chartered Financial Analyst (CFA) designation in 2002 (CFA Institute).  He received his B.S. in Finance from The Ohio State University's Fisher College of Business and his M.B.A. from the University of Chicago Booth School of Business.  Mr. Forsha is a member of the CFA Institute and the CFA Society of Louisville.   

 

Greg Deuser, CFA  
Vice President, Associate Portfolio Manager & Director of Research & Risk Management
Mr. Deuser serves as Associate Portfolio Manager for River Road's Dividend All-Cap Value Portfolio and Vice President and Director of Research and Risk Management.  He is responsible for supervising all research and portfolio risk management activities at the firm.  Mr. Deuser has 26 years of investment industry experience.  Prior to joining River Road, Mr. Deuser served as Vice President & Portfolio Manager for National City and as Senior Portfolio Manager and equity partner with PRIMCO Capital Management.

 
Mr. Deuser earned the Chartered Financial Analyst (CFA) designation in 1992 (CFA Institute).  He received his B.S. in Engineering from the University of Louisville and is a member of the CFA Society of Louisville.

 

J. Justin Akin  
Senior Equity Research Analyst
Mr. Akin serves as Senior Equity Research Analyst.  Prior to joining River Road, Mr. Akin worked with the firm's founders at Commonwealth SMC as Equity Research Analyst for the Small Cap Value and Dividend All-Cap Value Portfolios.  Mr. Akin joined Commonwealth SMC in 2003, following completion of his undergraduate studies. 

 

Mr. Akin received his B.S. in Economics from Centre College, where he served as President of the College's well-regarded investment club.  Mr. Akin is a member of the CFA Institute and the CFA Society of Louisville and is a Level III candidate in the CFA program.

Matthew W. Moran, CFA
Senior Equity Research Analyst
Mr. Moran serves as Senior Equity Research Analyst.  Prior to joining River Road, Mr. Moran worked with high net worth families at Goldman Sachs and Citigroup.  Most recently, Mr. Moran covered oil service stocks at Morningstar.

Mr. Moran earned the Chartered Financial Analyst (CFA) designation in 2002 (CFA Institute).  He graduated summa cum laude from Bradley University with a B.S. in Finance and received his M.B.A. from the University of Chicago Booth School of Business.  Mr. Moran is a member of the CFA Institute and the CFA Society of Louisville.

Daniel R. Johnson, CPA
Equity Research Analyst
Mr. Johnson serves as Equity Research Analyst.  Prior to joining River Road, Mr. Johnson served as a public accountant with PricewaterhouseCoopers.

Mr. Johnson became a Certified Public Accountant (CPA) in 2005.  He received his B.S. in Accounting and Masters of Accountancy from the University of Kentucky.  Mr. Johnson is a member of the CFA Institute and is a Level III candidate in the CFA program.

Erik M. Keener, CFA
Equity Research Analyst
Mr. Keener serves as Equity Research Analyst.  Prior to joining River Road, Mr. Keener worked on the Strategic Planning and Analysis Team at Accenture, where he served as a specialist focused on competitor and valuation analysis.

Mr. Keener graduated magna cum laude with a B.A. in Finance from the University of Notre Dame.  Mr. Keener earned the Chartered Financial Analyst (CFA) designation in 2008 (CFA Institute) and is a member of the CFA Institute and the CFA Society of Louisville.

J. Alex Brown
Equity Research Analyst
Mr. Brown serves as Equity Research Analyst. Prior to joining River Road, Mr. Brown served as Captain in the United States Air Force. Most recently, Mr. Brown worked at Wachovia Capital Markets Investment Banking Group, where he provided strategic advice and executed transactions for companies and financial sponsors operating in the Consumer, Retail and Food industries.

Mr. Brown graduated as a Distinguished Graduate from the United States Air Force Academy with a B.S. in Operations Research and received his M.B.A. from Harvard Business School.

Ashley L. Abney, CPA
Associate Equity Research Analyst
Ms. Abney serves as Associate Equity Research Analyst.  Prior to this role, Ms. Abney served as River Road's Operations Specialist where she was responsible for preparing internal financial documents and reconciling client accounts.  She joined River Road in 2006.

Ms. Abney received her B.S. in Economics from Centre College and is a Level II candidate in the CFA program.

Elizabeth H. Lawrence
Product Coordinator
Ms. Lawrence serves as Product Coordinator.  In this role, Ms. Lawrence is responsible for supporting the marketing and research efforts for the equity income portfolios.

Ms. Lawrence received her B.A. in Government and International Studies from Centre College in 2006 and is currently pursuing a Master's designation at the University of Louisville.

Elizabeth T. Aubrey
Research Coordinator
Ms. Aubrey serves as Research Coordinator.  Ms. Aubrey is responsible for compiling and managing historical and current investment data as well as lending other needed support.

Ms. Aubrey received her B.A. in Psychology from the University of Kentucky in 2009.