Inductee Profile

Leo A. Guthart

Leo A. Guthart currently manages Topspin Partners, a venture capital fund and Topspin Partners LBO, a buyout fund, both based on Long Island. Prior to that he served as Chairman of the Security and Fire Solutions Group of Honeywell International. Until its sale to Honeywell in 2000, he served as Vice Chairman of Pittway Corporation and Chief Executive Officer of its Security Group of Companies. Among these are ADEMCO, the largest manufacturer in the world of alarm equipment; ADI, the largest distributor of security equipment in the United States and AlarmNet, a cellular radio service which transmits alarm and security signals in major US cities. He was also Chairman of publicly held Cylink Corporation, a leading U.S. supplier of encryption equipment that was sold to Safenet Corporation.

He is a graduate of Harvard College where he received a BA degree in Physics and of Harvard Business School where he was a George F. Baker Scholar and received both an MBA and a Doctorate in Business Administration with a specialty in Corporate Finance. Mr. Guthart served on the faculty of Harvard Business School and was a Ford Foundation Fellow performing research on corporate share repurchases. His articles on share repurchases have been published in the Harvard Business Review, the Financial Analysts Journal and the Journal of Finance.

He was Chairman of the Board of Trustees of Hofstra University from 1993-1996, and is currently a member of the Hofstra Board of Trustees. He is also a Trustee of Cold Spring Harbor Laboratory, an Overseer of the Hofstra-NSLIJ Medical School and a Trustee of the Stony Brook Foundation. He was a Founding Director of the Long Island Research Institute and was a Trustee of the Acorn Funds, a leading growth-oriented family of mutual funds. He is a Director of AptarGroup, Inc. (NYSE), an international producer of dispensing valves, pumps and closures for pharmaceuticals and perfumes.