Nicholas B Paumgarten has sold stock and made no open-market buys since May 2016

Nicholas B. Paumgarten is a financial services investor and corporate director best known as the founder and chairman of Corsair Capital LLC and as lead independent director of Scripps Networks Interactive, Inc. following its separation from The E.W. Scripps Company.( A long‑time investment banker, he joined J.P. Morgan & Co. in 1992 to raise the first Corsair fund, later serving as Chairman of Corsair I and II and holding senior roles including Co‑Head of the Financial Institutions Group and Co‑Head of Mergers & Acquisitions for the Americas at J.P. Morgan Chase & Co.( Prior to that, he headed Credit Suisse First Boston’s Financial Institutions Group and built a reputation as an early proponent of consolidation in the financial services industry, participating in landmark transactions such as the sale of Barnett Banks to NationsBank, the spin‑off of Capital One from Signet Bank, and the sale of First Security to Wells Fargo.(

Paumgarten spun off Corsair as an independent private equity business in 2006 and continues to serve as Founder and member of the Buyouts Investment Committee, focusing on financial services investments.( In the corporate governance arena, he was appointed to the board of Scripps Networks Interactive, Inc. (SNI) at the time of its creation and served as lead director/independent director from 2008 until his retirement from the board, during which he was a reporting insider for SNI and filed related SEC forms.( He also holds directorships at portfolio companies such as Jackson Hewitt Tax Service Inc. and other investment entities.( Paumgarten earned a B.A. in History from the University of Pennsylvania, where he serves as Chairman of Friends of Pennsylvania Rowing, and an M.B.A. from Columbia University, grounding his investment and board leadership in formal training in history and business.(

Written by Perplexity from public sources.