Penobscot Investment Management Company Inc.
Investment Personnel
Eugene H. Clapp
Mr. Clapp formed Penobscot Investment Management Company, Inc. with Mr. Hart in 1988. Previous business experience includes financial and general management positions with Pfizer, Inc. in Boston and New York. Mr. Clapp is a Corporation Member of Partners HealthCare System, Inc. and a Trustee of Partners Continuing Care, Inc. He is also a Director and the Treasurer of the Conservation Law Foundation of New England, Inc., and Director of the National Rowing Foundation. His educational background includes a Bachelor of Arts from the University of Pennsylvania and a Masters of Business Administration from the University of Chicago. Mr. Clapp is a member of The Boston Security Analysts Society.
Contact: geneclapp@pimboston.com
Douglas E. Hart
Prior to forming Penobscot Investment Management Co., Inc. with Mr. Clapp, Mr. Hart was a Principal and Portfolio Manager with Marsh & Cunningham, Inc., an investment management firm in Boston. Before joining Marsh & Cunningham, Inc. he was with Kidder Peabody & Co. He is an Honorary Trustee of Plimoth Plantation. In addition, he is a Trustee and Chairman of the Investment Committee of the Emma Willard School in Troy, New York and a Director and Chairman of The Wildlands Trust of Southeastern Massachusetts. Mr. Hart graduated from the Boston University School of Management with a Bachelor of Science degree in Business Administration. Mr. Hart is a member of the Boston Economic Club.
Contact: doughart@pimboston.com
Jonathan R. Phillips
Prior to joining Penobscot Investment Management Co., Inc. Mr. Phillips spent 25 years with Fiduciary Trust Company in Boston, where he was a Vice President and, for 13 years, a member of its Board of Directors. While at Fiduciary, Mr. Phillips had investment and administrative responsibilities for individual accounts as well as charitable and multi-generational trust portfolios. He has extensive experience working with estate planning attorneys throughout New England. Mr. Phillips has served on numerous civic and charitable boards and is past President of the Rotch Traveling Scholarship, the oldest and most prestigious scholarship for young architects in the United States. Mr. Phillips holds a Bachelor of Arts degree from Brown University and is a graduate of the National Trust School. He served for 14 months in the infantry in Vietnam, during which time he was awarded the Bronze Star for Heroism, the Purple Heart, and the Air Medal.
Contact: jonphillips@pimboston.com
Lisa L. Chioffi, CFA
Prior to joining Penobscot, Ms. Chioffi was a Portfolio Manager with Massachusetts Investment Counsellors, Inc. of Boston, an advisory firm specializing in trust and estate management. She has over fifteen years of investment experience, primarily focused in equity and mutual fund research and portfolio management. Ms. Chioffi has earned the right to use the Chartered Financial Analyst designation. The CFA charter is the only globally recognized credential for professional investment analysis and management. She holds a Bachelor of Science degree from the University of Vermont. Ms. Chioffi currently serves on the Alumni Council of Phillips Andover Academy. She is also a member of the Boston Economic Club and the Boston Security Analysts Society.
Contact: lisachioffi@pimboston.com
Dwight L. Davenport
Mr. Davenport brings to Penobscot Investment Management sixteen years of experience in helping clients coordinate and manage their financial affairs. After several years with American Express he founded and acted as Managing Principal of Davenport Financial Services. Mr. Davenport worked extensively in the areas of retirement, wealth transfer, and estate planning from 1995 through 2005. In 1999 Mr. Davenport founded a second company, Cogent Solutions, a software design and practice management consulting company that provided estate planning software and "best practice" solutions to wealth advisory firms and institutions. Mr. Davenport earned his BA from Norwich University, Military College of Vermont. Mr. Davenport is a U.S. Coast Guard Licensed Captain and a Trustee serving the Princeton, MA Land Trust.
Contact: ddavenport@pimboston.com
Daniel B. Ford III
Prior to joining Penobscot Investment Management Company, Inc. Mr. Ford was a Portfolio Manager with Rock Harbor Management, a company he founded in 2000. Before Rock Harbor Management, Mr. Ford worked in media, producing and directing corporate videos as well as freelancing on several documentaries in Europe and Russia. He has served on several civic and charitable boards including the Town of Orleans, MA Finance Committee and the Grenville Education Foundation. Currently, he is a member of the Boston Security Analysts Society and he coaches in the Boston Area Youth Soccer League. Mr. Ford is a graduate of Yale University where he majored in history.
Contact: danford@pimboston.com