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Leo Guthart
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'''Leo Guthart''' is an American economist and businessman. Guthart is a former Vice Chairman of the [[Pittway]] Corporation, and co-founder of the Long Island Research Institute, Top Spin Partners, and the Long Island Venture Fund.
==Education==
Leo Guthart is graduated from [[Harvard]] College with a BA degree in Physics in 1958. He later attended [[Harvard Business School]], where he received both an MBA in 1960<ref>Liquid error: wrong number of arguments (1 for 2)</ref> and later a Doctorate in Business Administration.<ref name="auto"></ref>
==Career==
Leo Guthart's research as a doctoral candidate at Harvard Business School found that companies were repurchasing larger amounts of their own stock than had generally been realized, determining that these purchases had become a previously underappreciated factor in the stock market, <ref>Liquid error: wrong number of arguments (1 for 2)</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref> tracking the trend from 1954 to 1963. <ref>"Management Services". American Institute of Certified Public Accountants. Volume 5. 1968. Page 55.</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref> He also wrote in 1965 that the practice would become more widespread.<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
Guthart joined ADEMCO in 1963, which grew to the world's largest manufacturer of security and alarm devices by 1992,<ref>Liquid error: wrong number of arguments (1 for 2)</ref> under the partial leadership of Guthart.<ref name="auto"/> He then served as Vice Chairman of Pittway Corporation and Chief Executive Officer of its Security Group of Companies, including ADEMCO, until its sale to Honeywell in 2000.<ref></ref> Simon Hakim and Erwin Blackstone wrote of Guthart's role that ADEMCO's "success" over the years, "can be attributed to Leo Guthart, whose innovative behavior and willingness to take risks".<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
Guthart has also worked with technology transfer, focusing on commercializing the scientific work of research organizations. He also co-founded the Long Island Research Institute, alongside the Brookhaven National Laboratory, Cold Spring Harbor Laboratory, North Shore University Hospital, and Stony Brook University. <ref>Liquid error: wrong number of arguments (1 for 2)</ref> In 1993 Guthart co-founded the Long Island Venture Fund with James Simons,<ref>Liquid error: wrong number of arguments (1 for 2)</ref>and in 2000 he and Simons formed Topspin Partners, LP. <ref>Liquid error: wrong number of arguments (1 for 2)</ref> Guthart is currently Vice Chairman of Accelerate Long Island.<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
Guthart has also served as the Chairman of the Cylink Corporation.<ref></ref>
==Personal life==
Guthart was elected Chairman of the Board of Trustees of Hofstra University in 1993<ref> COLLEGE BRIEFS. (1993, Dec 05). Newsday Retrieved from http://ift.tt/2pk3EZf is currently a member of the Hofstra Board of Trustees.<ref></ref> Guthart is also the Treasurer and serves on the Executive Committee of the Cold Spring Harbor Laboratory,<ref>http://ift.tt/2HGuuBg> whose campus complex features the Laurie and Leo Guthart Discovery Tower in honor of his late wife.<ref>http://ift.tt/2pfOO60> Guthart also established the Laurie Carrol Guthart Professorship in Medicine in the Field of Neuroendocrinology at Harvard Medical School.<ref></ref> In 2010, Guthart was inducted into the Long Island Technology Hall of Fame.<ref>http://ift.tt/2phVS1S Long Island Technology Hall of Fame</ref><ref></ref>
==References==
[[Category:Harvard University alumni]]
==Education==
Leo Guthart is graduated from [[Harvard]] College with a BA degree in Physics in 1958. He later attended [[Harvard Business School]], where he received both an MBA in 1960<ref>Liquid error: wrong number of arguments (1 for 2)</ref> and later a Doctorate in Business Administration.<ref name="auto"></ref>
==Career==
Leo Guthart's research as a doctoral candidate at Harvard Business School found that companies were repurchasing larger amounts of their own stock than had generally been realized, determining that these purchases had become a previously underappreciated factor in the stock market, <ref>Liquid error: wrong number of arguments (1 for 2)</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref> tracking the trend from 1954 to 1963. <ref>"Management Services". American Institute of Certified Public Accountants. Volume 5. 1968. Page 55.</ref><ref>Liquid error: wrong number of arguments (1 for 2)</ref> He also wrote in 1965 that the practice would become more widespread.<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
Guthart joined ADEMCO in 1963, which grew to the world's largest manufacturer of security and alarm devices by 1992,<ref>Liquid error: wrong number of arguments (1 for 2)</ref> under the partial leadership of Guthart.<ref name="auto"/> He then served as Vice Chairman of Pittway Corporation and Chief Executive Officer of its Security Group of Companies, including ADEMCO, until its sale to Honeywell in 2000.<ref></ref> Simon Hakim and Erwin Blackstone wrote of Guthart's role that ADEMCO's "success" over the years, "can be attributed to Leo Guthart, whose innovative behavior and willingness to take risks".<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
Guthart has also worked with technology transfer, focusing on commercializing the scientific work of research organizations. He also co-founded the Long Island Research Institute, alongside the Brookhaven National Laboratory, Cold Spring Harbor Laboratory, North Shore University Hospital, and Stony Brook University. <ref>Liquid error: wrong number of arguments (1 for 2)</ref> In 1993 Guthart co-founded the Long Island Venture Fund with James Simons,<ref>Liquid error: wrong number of arguments (1 for 2)</ref>and in 2000 he and Simons formed Topspin Partners, LP. <ref>Liquid error: wrong number of arguments (1 for 2)</ref> Guthart is currently Vice Chairman of Accelerate Long Island.<ref>Liquid error: wrong number of arguments (1 for 2)</ref>
Guthart has also served as the Chairman of the Cylink Corporation.<ref></ref>
==Personal life==
Guthart was elected Chairman of the Board of Trustees of Hofstra University in 1993<ref> COLLEGE BRIEFS. (1993, Dec 05). Newsday Retrieved from http://ift.tt/2pk3EZf is currently a member of the Hofstra Board of Trustees.<ref></ref> Guthart is also the Treasurer and serves on the Executive Committee of the Cold Spring Harbor Laboratory,<ref>http://ift.tt/2HGuuBg> whose campus complex features the Laurie and Leo Guthart Discovery Tower in honor of his late wife.<ref>http://ift.tt/2pfOO60> Guthart also established the Laurie Carrol Guthart Professorship in Medicine in the Field of Neuroendocrinology at Harvard Medical School.<ref></ref> In 2010, Guthart was inducted into the Long Island Technology Hall of Fame.<ref>http://ift.tt/2phVS1S Long Island Technology Hall of Fame</ref><ref></ref>
==References==
[[Category:Harvard University alumni]]
March 17, 2018 at 11:10AM
