Robert H. Lyon

ROBERT H. LYON is President and Chief Investment Officer of
Institutional Capital Corporation. He joined the firm in 1976 as a
Securities Analyst. Prior to 1976, Mr. Lyon worked at the First
National Bank of Chicago in the area of strategy and economics. In 1981,
he joined Fred Alger Management in New York where he was an Investment
Analyst and Executive Vice President. In 1988, Mr. Lyon returned to
Institutional Capital Corporation and initially served as Director of
Research before leading a group of senior professionals in arranging the
buyout of the firm’s Founder. Mr. Lyon graduated from Northwestern
University with a BA in Economics and earned an MBA from the Wharton
School of Finance. In addition to being a Director of Institutional
Capital Corporation and the ICAP Funds, he is a trustee of the YMCA of
Greater Chicago and the Lekotek Foundation.