Terry R. Otton is chief executive officer of RS Investments. He joined RS in 2004 as co-chief executive officer, chief operating officer, and chief financial officer. He has more than 22 years of experience in the investment management industry, having previously served since 2001 as a managing director of the mergers-and-acquisitions practice at Putnam Lovell NBF Group, Inc., an investment banking firm focused on the investment management industry. Previously, Terry spent more than 10 years as the CFO of Robertson, Stephens & Company and Robertson Stephens Investment Management, the predecessor of RS Investments. He was one of the original principals who established RS’s mutual fund business in 1986, and he served as its CFO until it became an independent, employee-owned firm in 1999. Terry holds a B.S. in business administration from the University of California at Berkeley and is a Certified Public Accountant.

 
 
James E. Klescewski joined RS Investments in 2006 as chief financial officer. He has three decades of financial and accounting experience, including similar positions at Montgomery Asset Management, LLC, Equitec Financial Group Inc., and Fremont Investment Advisors, Inc. Jim holds an M.B.A., along with a B.S. in accounting, from the California State University at Hayward, and is a Certified Public Accountant.

 
 
Benjamin L. Douglas joined RS Investments in 2003 as general counsel after nearly a decade specializing in investment management law. He joined the firm from Charles Schwab Investment Management, where he served as vice president and senior counsel. Previously, Ben was an associate at Shartsis, Friese & Ginsburg LLP, a leading law firm in the investment management industry. He holds a J.D. and an M.P.P., along with a B.A. in history, from the University of California at Berkeley.

 
 
John J. Sanders, Jr. joined RS Investments in 2004 as chief compliance officer. He has more than 35 years of operations and compliance experience. Prior to joining RS, John was the director of compliance and the co-COO for Husic Capital Management in San Francisco, beginning in April 2000. Prior to that, he was the equity compliance director at Fleet Robertson Stephens. John began his career in the securities industry with Kidder, Peabody & Co. in New York. In 1976, he moved to San Francisco and joined Robertson, Colman, Siebel and Weisel (which became Robertson Stephens in 1983) as the director of compliance and operations. He also serves as chief compliance officer and senior vice president of the RS Investment Trust, reporting directly to the Fund’s Board of trustees.