Guillermo R. Araoz joined what is today known as Morgan Asset Management in 2003. He serves as the firm’s Director of Equity Research. Prior to the merger between AmSouth and Regions in November 2006, Mr. Araoz was the Director of Equity Research for legacy Morgan Asset Management. Prior to joining, Mr. Araoz worked in the investment banking division of Goldman Sachs, evaluating high-tech startups that served the banking industry. Prior to Goldman, Mr. Araoz worked for J.P. Morgan in the economic research and investment banking departments. He holds an M.A. degree from the Johns Hopkins School of Advanced International Studies and a B.A. degree in economics from the University of California, Davis. Mr. Araoz is also a CFA charterholder and member of the Alabama Chartered Financial Analyst Society.