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Ray Reid '61
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Raymond J. Reid is a recently retired Senior Vice President and investment manager for Brown Brothers Harriman & Co (BBH), a New York-based private bank founded in 1818. He oversaw the professional staff and managed the investments of high-net worth individuals as well as various nonprofit organizations for 40 years, spending 25 years of those years with BBH. Ray’s professional affiliations include the Investment Analyst Society of Chicago, the Association for Investment Management and Research, and Sigma Iota Epsilon (national honorary management fraternity).

Ray has prior board experience serving on the Dominican University Board of Trustees. He was a member of the Dominican University (DU) Board for 18 years, which included a 9 year extension. He served as Chair of the Finance and Audit Committee for 10 years during a time of endowment growth, selection of money managers, and two capital campaigns. Ray’s service and financial leadership led the university to rewrite the by-laws to allow him to serve beyond the 9 year term limit. This change allowed Ray to spearhead an ad-hoc committee that performed the due diligence work in purchasing the Dominican Priory. His contributions to the University were recognized when he was honored with the University’s Exemplary Service Award.

Ray remains active in other areas of the community. He is a member of Naperville Country Club where he served as Secretary and an at-large board member for 8 years and is currently a member of the Finance and Greens Committees. He also sits on the Financial Advisory Committee for the Sisters of the Resurrection Order, located in Chicago, and has provided financial counsel for the past 5 years.

Ray was nominated and elected to the St Francis Board of Directors and this began 7 years of service. He initially served on the Finance Committee where he eventually became Chair of the committee, then Vice Chair of the Board and subsequently Chair of the Board. He was instrumental in restructuring the investments to accommodate funding for the Science wing and financing for the project. He then chaired the ad-hoc Endowment Committee that was instrumental in selecting an investment manager and creating an investment policy. More recently, he oversaw the restructuring of the Development Committee and established other ad-hoc committees to provide broader Board governance, including Strategic Planning.

Ray earned a masters degree from Northern Illinois University and a bachelor’s degree from Loras College. He also graduated, with distinction, from Northwestern University National Graduate Trust School. Ray, a SFHS graduate, and his wife, SFHS graduate Rosemarie Komen Reid, reside in Wheaton. They have two children and five grandchildren.
Board of Directors
Mr. Ray Reid '61
Chairperson  | profile

Mr. Ed Jensen
Vice Chair  | profile

Mr. Thomas Bednar
President | profile

Mr. Brad Ament

Mr. Dave Behnke

Mr. Tom Boler

Mr. Michael Carbery

Mr. Larry Carroll

Mr. Kevin Flood

Mrs. Sue Harsa

Mr. Charles McKenna

Mr. Paul Mifsud

Mr. Max Miller

Mr. Bart Murphy

Fr. Jim Murphy

Mr. Alex Rechenmacher

Mrs. Yvonne Scholl
 | profile

Amy Cleveland '89 Verbeke

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