Heather Murren

Heather Murren is a private investor and former Wall Street securities analyst and served as a Congressional appointed commissioner on the Financial Crisis Inquiry Commission in 2009.

Career

Ms. Murren began her career on Wall Street at Salomon Brothers in 1988 as a securities analyst and ultimately retired in 2002 as a managing director, Global Securities Research and Economics, of Merrill Lynch.

Ms. Murren was recognized in all major financial industry surveys for the quality of her research product and timeliness and accuracy of her market calls. She was chosen six consecutive years as a member Institutional Investor’s All-American Research Team. Her multi-year inclusion in the Greenwich survey and repeated designations by the Wall Street Journal as an all-star analyst underscore her other notable achievements in the economic and financial services community. She was profiled in FORTUNE magazine as one of the Wall Street’s all-star analysts while at Merrill Lynch.^[1]

Post-Career

After retiring from Wall Street, in 2002, and seeing the extreme need for quality medical care in the State of Nevada, she co-founded the first non-profit cancer research and treatment center in Las Vegas, the Nevada Cancer Institute (NVCI) where she served as Chairman and CEO until 2009. The 140,00 square foot flagship facility was constructed between 2002 and 2005 when it opened to patients and researchers with fully integrated wet and dry laboratories, imaging, radiation and clinical oncology practices and patient support services. The NVCI carried out the first ever first-in-man clinical trials in the state of Nevada^[2] as well as seminal clinical trials making previously unavailable early-stage clinical trial therapies available to the over 15,000 patients served.^[3] The research center-clinic flagship facility was acquired by the University of California San Diego Health Systems in January 2012 ^[4] and subsequently the NVCI Foundation was then merged into Roseman University in December 2013 after reorganization.^[5]

Ms. Murren was appointed in 2009 by Congress to serve on the Financial Crisis Inquiry Commission (FCIC), a 10-member Federal commission established to examine the domestic and global cause of the financial crisis. The commission, to which subpoena powers were granted, examined and held hearings on more than 20 specific areas of inquiry, including the role of fraud and abuse in the financial sector; state and federal regulatory enforcement; tax treatment of financial products; lending practices and securitization; and corporate governance and executive compensation. The commission reported its finding in January 2011.^[6] The published book “The Financial Crisis Inquiry Report” was listed on the New York Times bestseller list and was critically acclaimed.^[7]

She is a member of the Board of Trustees of the Johns Hopkins University (JHU) and the JHU Applied Physics Laboratory. The Applied Physics Laboratory is a not-for-profit university-affiliated research center - providing research and development in the areas of cybersecurity, undersea and air defense, space, national security analysis, special operations and strategic defense to our nation. She has previously held a gubernatorial appointment to the Nevada Academy of Health and the Board of Economic Development for the state of Nevada.

Ms. Murren is a graduate of the Johns Hopkins University and a Chartered Financial Analyst. Fluent in Spanish and French, she has served as a translator and medical assistant for Volunteers in Medicine of Southern Nevada, a nonprofit organization that provides healthcare to the community regardless of the patient’s ability to pay, she is President of the Murren Family Foundation which focuses grants on education, security, healthcare and military veterans.

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