Scott Black is founder and president of Delphi Management, a Boston-area money-management firm, and a long-time member of the Barron's Roundtable. He has more than 50 years of financial and general management experience, beginning with corporate finance and international treasury positions at Xerox Corporation and Joseph E. Seagram. He also worked at Merrill Lynch. His first entrepreneurial venture, restructuring the William O’Neil Company in 1978, was followed in 1980 by managing equities for Sunkist Growers, Delphi Management’s original account. Mr. Black earned a B.A. from Johns Hopkins University in Applied Mathematics and Economics. He earned an MBA in Finance at the Harvard Business School after completing his U.S. Army active service obligation at Fort Ord, Calif. Additionally, he has guest- lectured on investments and corporate finance at the Harvard Business School, MIT Sloan School of Management, Stanford University Graduate School of Business, and the CFA Institute annual investment conference. Among his civic activities, Mr. Black serves on the advisory boards at the John F. Kennedy School of Government at Harvard, the Museum of Fine Arts (Boston), and the Portland Museum of Art. Mr. Black was named a lifetime Fellow of Harvard University in 2000 and received the Johns Hopkins distinguished alumni award in 2008.