Cutter Associates Hires Robert Schnibbe, Jr. as COO

London and Boston, MA - 3 April 2012

Robert Schnibbe brings years of executive experience in financial services to Cutter Associates

Cutter Associates, a research, consulting, and benchmarking firm supporting the investment management industry, today announced that Robert Schnibbe, Jr. has joined the company as Chief Operating Officer. Mr. Schnibbe will provide day-to-day operational leadership to the firm, including managing the firm’s sales function and product areas.

“Hiring Bob as COO is an important development for us. Great opportunities are opening up for the company and Bob is perfectly qualified to help drive growth and innovation,” said Mark Bobseine, Chairman of Cutter Associates. “And now we have the capacity to focus more keenly on new initiatives.”

Mr. Schnibbe brings with him a broad range of experience in the financial services sector, including experience in asset servicing, asset management, and commercial banking. He founded several start-up companies and has served as CEO, COO, Senior Vice President of Operations, and corporate director for a number of companies. He has also served in senior technology and operation roles at major financial institutions including JP Morgan Chase and M&T Bank. Most recently, Mr. Schnibbe worked for State Street Bank’s Asset Servicing business, where he managed Strategic Planning and later served as Program Executive in their asset management outsourcing business.

“I’m delighted to be part of such a highly skilled and talented team with a unique presence and a strong reputation in the investment management industry, and I look forward to building on Cutter’s strong foundation and assist in a meaningful way in maximizing the company’s potential and value,” said Mr. Schnibbe.

The company feels that with Mr. Schnibbe on board as a core member of the Cutter management team, his skills and experience will drive innovation and help the company move to the next level.

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