Biographies - Ipswich Investment Management Co. Inc., Ipswich, MA

A. CUSHING TITCOMB
President and Chief Executive Officer
34 years Financial Services Experience

Cushing graduated Magna Cum Laude from Suffolk University with a degree in Finance.

He started his career at State Street Bank & Trust Company in 1974 working in the Commercial Loan division. In 1978 Cushing began working full time in the area of trust administration, financial planning and estate settlement. Most recently he was employed as a Vice President at Citizens Bank New Hampshire in Exeter, NH. He also holds a Certified Financial Services Counselor (C.F.S.C) designation from the National Graduate Trust School at Northwestern University and a Trust & Estates Certificate from the New England School of Banking.

As an active participant in civic and non-profit organizations, his affiliations include:

Member – Archbishop Iakovos Leadership 100 Endowment Fund
Past President and Council member – Greek Orthodox Church, Ipswich, MA
Ambassador – Greater Exeter Chamber of Commerce, Exeter, NH
Past President – Exeter Rotary Club, Exeter, NH
Past Board Member – NH SPCA
Volunteer – Alzheimer’s Association/Massachusetts Chapter
Board Member - "Friends of Caldwell", Caldwell Skilled Nursing & Rehabilitation Center

ERIC H. JOSTROM
Co-Chairman and Chief Investment Officer
38 Years Investment Industry Experience

Babson College – BS ’63 Investments & Finance; Graduate work 1965-66 International Economics

Co-Chairman, Chief Investment Officer & Member of the Investment Committee, Ipswich Investment Management Co., 1/1/07 - Present

Director & Member of Investment Committee – 2006, Iceman Capital Advisors – St. Helier, Jersey, C.I.-U.K.

Managing Director, Member of the Investment Committee 1998 – 2006, Beacon Fiduciary Advisors Inc. (Acquired by Bank of New York and renamed BNY-Trust Company 2005)

Director, Indosuez International Advisors S.A. Paris, Later Indocam International Investment Advisors S.A.

President, Managing Director & Shareholder, Scimitar North American Asset Management Co., Inc. 1987- 1992

Research Associate, Assistant V.P. Research, V.P. Research, Vice President, Officer, various company mutual funds: Eaton & Howard 1970-1987; became Eaton Vance in 1980

U.S. Armed Forces Active & Reserve 1964-1995
Commander USN, Qualified as a Defense Attache - Retired

ALEXANDER M. COLBY, CFA
Senior Vice President and Managing Director
37 Years Investment Industry Experience

Education: Phillips Academy (Andover); A.B. in Economics, Dartmouth College; M.B.A. in Finance, Amos Tuck School of Business Administration; Trust Program, Williams School of Banking; Chartered Financial Analyst Designation, CFA Institute.

Professional Organizations: Boston Security Analyst Society, Boston Economics Club

Senior Vice President, Managing Director & Member of the Investment Committee, Ipswich Investment Management Co., 1/1/07 – Present

Senior Vice President, Member of the Investment Committee, Bank of New York Trust Company, June 2002- September 2006

Senior Vice President, Managing Director & Member of the Investment Committee, Beacon Fiduciary Advisors, July 1991 – June 2002

Local Organizations: President, Association of Great Neck (Ipswich); Board of Directors Ipswich YMCA; Commissioner of Trust Funds Town of Ipswich.

Kieran graduated from Colaiste Mhichil (St. Michael’s College) in Limerick, Ireland in 1987 and from Salem State College in 1999 with a degree in Communications.

After eight years within the Institutional Custody Division of Investors Bank & Trust and then State Street Bank & Trust, Kieran later joined JP Morgan Chase in their Columbus, Ohio division. During his tenure at JP Morgan he was an Assistant Vice President on one of their largest worldwide accounts where he was responsible for reconciliation and risk. Kieran joined Ipswich Investment Management in August 2008 as Vice President of Operations and lives in Salem, Massachusetts.

Kathy received her Bachelor’s Degree in Finance from Babson College in 1988 and her MBA from Bentley College in 1996.

Employed by Russell/Mellon Analytical Services as a Senior Performance Analyst from 1998 to 1999, she was responsible for calculating and reporting the performance of clients’ portfolios. From 1995 to 1998, she was employed by Wellington Management Company as a Senior Account Administrator responsible for all aspects of investment operations for her institutional clients. From 1991 to 1995, she was employed at Brown Brothers Harriman as a Global Custody Supervisor responsible for several mutual fund clients.

Ann received a Bachelor’s Degree in Human Resources Management from UMass Dartmouth in 1982. Ann brings many years of work experience from large companies including IBM and New England Telephone. She specializes in implementing and maintaining office-wide systems, both automated and administrative, and continually improves the streamlining of company operations and administration. Ann has embraced the challenge of the investment arena and adapted her knowledge of technology to our operations and client service.