Robert R. Tisch is the former President of Tisch Investment Advisory Incorporated (TIAI) which he founded in 1983. TIAI is a Registered Investment Advisor that manages hundreds of millions of dollars of personal, corporate, and retirement plan assets. The company also develops wealth management strategies for its clients. In association with several other professionals, Mr. Tisch created and managed more than 25 limited partnerships involving millions of dollars of residential and commercial real estate. He also formed two limited liability companies to purchase and operate two assisted living facilities. He participated, and was instrumental, in the origination of two offshore captive insurance companies. Mr. Tisch's term ends January 1, 2012.