Ray J. Groves

Mr. Groves served as Chairman and Chief Executive Officer of Ernst & Young for seventeen years until his retirement in 1994.
He currently serves as a member of the boards of directors of the Colorado Physicians Insurance Company and Group Ark Insurance Holdings, Ltd. He is a member of the Council on Foreign Relations.
He is a director and co-Treasurer of Nursing and Home Care, Inc., a member and former Chair of the board of directors of The Ohio State University Foundation, a member of the Dean’s Advisory Council of the Fisher College of Business and a member of the Board of Directors of the New York Chapter of the National Association of Corporate Directors.
He served the boards of directors of Electronic Data Systems, Inc. from 1996 to 2008, The Gillette Company from 2002 to 2006 and Overstock, Inc. from 2005 to 2007.
Mr. Groves has been a director of Boston Scientific since 1999.
From February 16, 2009, he became the Ombudsman for Standard & Poor’s.
From 2001 to 2005, he served in various roles at Marsh Inc., including President, Chairman and Senior Advisor, and is a former member of the board of directors of its parent company, Marsh & McLennan Companies, Inc. He served as Chairman of Legg Mason Merchant Banking, Inc. from 1995 to 2001.