BOARD OF DIRECTORS
C. Gerald Goldsmith, Chairman of the Board
C. Gerald Goldsmith joined the Board of Directors of Cypress Trust Company in 2012. After a career on Wall Street with Wertheim & Co. and A.G. Becker, Mr. Goldsmith was Chairman of I.C.D. (New York Stock Exchange) until 1976 and has subsequently been an independent investor. He is currently a director of Flagler Bank and Scripps Florida Funding Corporation, and a trustee of Chatham Lodging Trust. Mr. Goldsmith has held numerous directorships, including the Presidency of his family companies Solomon-Goldsmith Cotton and Goldsmith Farms, NYSE directorships with Florida National Bank, Nine West Group, Inc., U.V. Industries, American Banknote, Abacus Funds, Meditrust, Innkeepers USA and Seven Arts Productions, as well as directorships of Royal Bank of Canada International and Sterling Trust Bank. He was a founder and chairman of Palm Beach National Bank & Trust Company, and has been a director of closely held real estate companies including those owning the Taft, Commodore and Drake Hotels. He is on the Board of Trustees for the Palm Beach Public Employees Fund, and is a former Chairman of the Board of Directors for Good Samaritan/St. Mary’s Hospital Foundation, former member of the Board of Trustees for the Norton Museum of Art in West Palm Beach, an Emeritus Director of Pace University and is a past member of the Zoning Board and Town Council in Palm Beach, FL. Mr. Goldsmith is a graduate of the University of Michigan and Harvard Business School, and a former officer in the United States Air Force.
Dana S. Kilborne
Dana S. Kilborne is the President and CEO of Cypress Trust Company. She joined the Board of Directors in 2018. Ms. Kilborne began her thirty-year banking career in 1985 based in South Florida with companies including Southeast Bank and 1st United Bank before moving to Central Florida in 2000. In 2004, she founded Prime Bank and served as President and CEO and as a member of the Board of Directors. In 2010, Prime Bank merged with Florida Bank of Commerce where Ms. Kilborne also served as President and CEO and as a Director of the bank and holding company. In 2016 FBC merged with Sunshine Bank, a wholly owned subsidiary of Sunshine Bancorp, a NASDAQ traded company. She served as Co-¬President and Chief Commercial Officer of Sunshine Bank, and additionally served as a Director of the bank and holding company. Sunshine Bancorp successfully completed a sale to CenterState Bank in January 2018. Ms. Kilborne currently serves as a Director of NCMIC Insurance Company, Des Moines, Iowa and HealthFirst Inc., an Integrated Delivery Network, Melbourne, Florida. She is a former Director of the Federal Reserve Bank Board of Atlanta-Jacksonville Branch. Ms. Kilborne has served on the board of many community organizations including as immediate past Chair, Space Coast Economic Development Commission; past Chair, Holy Trinity Episcopal Academy, Florida Bankers’ Association and Florida School of Banking; and in South Florida as past Board Member, West Palm Beach Downtown Development Authority and Rosarian Academy. She earned a B.S. degree in Finance from and a Masters’ degree in Banking. Ms. Kilborne and her husband Briggs have three children and reside in West Palm Beach and Merritt Island, Florida.
Biplab K. Das
Biplab K. Das joined the Board of Directors of Cypress Trust Company in 2012. Mr. Das has been a Director of Credit Suisse AG, Switzerland advising clients in all aspects of finance across the globe. He has served in a multitude of strategic functions in investment management and investment banking in virtually all major financial centers of the world – New York, Toronto, Zurich, Basel, Hong Kong, Singapore and the Channel Islands – during his long career with two of Switzerland’s largest global banks. Mr. Das began his banking career in New York, in 1978, with Swiss Bank Corporation, the predecessor firm of UBS AG. He has also worked as a volunteer in East Africa for a global Microfinance Institution. In addition to Cypress Trust Company, Mr. Das is a member of the board of a number of for-profit and non-profit organizations in the US and India, and serves as the non-executive Chairman of a commercial bank in India. He received a Bachelor’s Degree in Business Management and an MBA from New York University’s Leonard N. Stern School of Business (NYU/Stern) in 1977, as well as a Bachelor’s Degree in Science from the University of Calcutta in 1971.
Vithala R. Rao
Professor Vithala R. Rao joined the Board of Directors of Cypress Trust Company in 2017. He is the Deane Malott Professor of Management and Professor of Marketing and Quantitative Methods, Johnson Graduate School of Management, Cornell University, Ithaca, New York. Professor Rao holds master’s degrees in mathematical statistics from the University of Bombay and in sociology from the University of Michigan, and a Ph.D. in applied economics/marketing from the Wharton School of the University of Pennsylvania. He has published over one hundred and thirty five papers on several topics including conjoint analysis and multidimensional scaling, pricing, bundle design, brand equity, market structure, corporate acquisition and linking branding strategies to financial performance. Current work includes competitive bundling, diffusion of attribute information for new products, and trade promotions. Papers by Professor Rao have appeared in the Journal of Marketing Research, Marketing Science, Management Science, Journal of Marketing, and Journal of Consumer Research, among others. He has been honored with the 2000-01 Faculty Research Award of the Johnson School of Management at Cornell University, the 2005 Robert D. Buzzell Award for the Best Paper by the Marketing Science Institute, and the 2008 Charles Coolidge Parlin Marketing Research Award presented by the American Marketing Association and the American Marketing Association Foundation recognizing his “outstanding leadership and sustained impact on advancing the evolving profession of marketing research over an extended period of time.” Professor Rao was selected as the ISMS Fellow in 2012 in recognition of his significant contributions in research, education and service to the Society of Marketing Science’s efforts to improve the understanding and practice of marketing. More recently in 2016, the American Marketing Association awarded the distinction of “AMA Fellow” for his significant contributions to the research, theory and practice of marketing, and/or to the service and activities of the AMA over a prolonged period of time. He is the co-author of Applied Multidimensional Scaling, Decision Criteria for New Product Acceptance and Success, and Analysis for Strategic Marketing. Professor Rao has edited a volume of research papers entitled Handbook of Pricing Research in Marketing and published a book, Applied Conjoint Analysis. He serves on the editorial boards of Journal of Marketing (as an Associate Editor), Customer Needs and Solutions (as a Senior Editor), Journal of Marketing Research (as a reviewer), Marketing Science (as a reviewer) and Journal of Business-to-Business Marketing (as a reviewer). He is also an ad hoc reviewer for several journals including Management Science. Professor Rao was the past Chair of the Marketing Strategy Committee of INFORMS, and a Board Member of Zenotech Laboratories from 2005 to 2008. He has taught at several other Schools including the Fuqua School of Business of Duke University, Columbia Graduate School of Business and the Indian School of Business, Hyderabad, India.
Indrajit Bardhan joined the Board of Directors of Cypress Trust Company in 2018. Dr. Bardhan is a finance professional based in New York, with over 25 years of experience in investment banking. Most recently, he served as the global head of Prime Services at Credit Suisse, overseeing the financing and brokerage services to hedge fund clients, as well as the funding and liquidity of the equities division. Before joining Credit Suisse in 2009, Dr. Bardhan was at Merrill Lynch where he was COO of Prime Services. There he was responsible for risk, profitability and strategy, and was the head of funding, capital and liquidity for the equities division. Prior to Merrill Lynch, Dr. Bardhan spent 13 years with Goldman Sachs Securities Services in New York and London where he traded a range of products including convertibles, warrants, stock loan and delta one products. He holds a bachelor’s degree from IIT in Mumbai India as well as a master’s degree and a Ph.D. in operations research from Columbia University’s School of Engineering and Applied Sciences. Dr. Bardhan lives in New York with his wife and four children.
Padmasree Chigurupati joined the Board of Directors of Cypress Capital Group, Inc. and Cypress Trust Company in April, 2019. She has extensive experience in the biopharmaceutical industry and has been President of FDA approved Hemarus LLC, located in Jacksonville, FL since 2008. Padmasree worked as a scientist at Iowa State University (1990-1993), Cornell University (1993-1994), New York University (1994-1996) and Paracelsian Inc. (1996-1999). She has had her research published in two journals and is co-inventor of two US Patents. Padmasree has an MSc. degree in Biochemistry.
Patrick Dillon joined Cypress Trust Company in 2009 and was appointed to the Board of Directors in 2019. He also serves as Chief Financial and Operations Officer and Secretary of the Board of Directors. Prior to these roles, and over the course of fifteen years, Patrick was responsible for financial reporting and financial planning & analysis at several multinational entities, including Grupo Grifols and Knowledge Integrated Marketing. He attended the Business School of the Universidad de Belgrano in Buenos Aires, Argentina, and received his B.A. in Physics with a concentration in Business from Florida Atlantic University.