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Brown Brothers Harriman Hires Senior Advisor With Private Equity Focus
Tom Burroughes
3 December 2009
Brown Brothers Harriman & Co, the venerable US private bank, has appointed former IBM senior executive Douglas Maine as a senior advisor to the firm, focusing on private equity investing. In his previous roles, Mr Maine worked at IBM between 1998 and 2005, joining as chief financial officer after a 20-year career at MCI Communication Corp. Mr Maine currently serves as a director and chairman of the audit committees of Alliant Techsystems and Rockwood Holdings Corporation. He is also a director and member of the audit committee of BroadSoft, a privately held provider of VOIP software applications to telecom service providers. He sits on the boards of a number of other firms. Founded in 1818, BBH says it is the oldest and largest privately held bank in the US, and structured as a limited partnership.