Marc D. Stern joined the firm in 1995 as a research analyst and became a Senior Portfolio Manager in 1997 and Chairman of the Private-Client Investment Policy Group in 1999. Before joining Bernstein, he worked at PepsiCo Inc., for five years as Director of Acquisitions and Director of Strategic Development in the company’s restaurant operations. Mr. Stern also worked as a Consultant at McKinsey & Co., Inc. for four years. He earned a B.S. in Finance from the Wharton School of the University of Pennsylvania and an M.B.A. from the Darden School of the University of Virginia.