People: Flaherty & Crumrine Preferred Income Fund Inc (PFD)
14 Mar 2014
Mr. Donald F. Crumrine is Chairman of the Board, Chief Executive Officer of Flaherty & Crumrine Preferred Income Fund Inc. Mr. Crumrine has been the Chairman of the Boards of PFD and PFO since 2002 and Chairman of the Boards of FFC and FLC since each Fund’s inception. Mr. Crumrine has over 36 years of experience managing portfolios of preferred securities. He co-founded Flaherty & Crumrine in 1983, after spending twelve years at Scudder, Stevens & Clark, to focus on managing preferred securities portfolios and associated hedges. Mr. Crumrine is actively involved in the day-to-day management of all Flaherty & Crumrine client portfolios, including those of the Funds, and directs client service and marketing efforts at Flaherty & Crumrine.
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