Donald Marron is Chairman, Chief Executive Officer and founder of Lightyear Capital, a private equity firm providing buyout and growth capital to companies in the financial services industry. Mr. Marron is a member of the Lightyear Investment Committee.
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Marron served as Chairman and Chief Executive Officer of PaineWebber Group Inc. until its merger in November 2000 with UBS AG. During Mr. Marron's 20-year tenure, PaineWebber grew into one of the nation’s largest full-service securities firms. The combination of UBS and PaineWebber made UBS the world’s largest wealth manager. Following the merger, Mr. Marron served as Chairman, UBS America, at UBS until September 2003, when he left to devote his full attention to Lightyear Capital.