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Art Samberg Is an MIT Corporation Life Member

12/27/2013

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Before he embarked on a successful career on Wall Street, Art Samberg applied his skills at Lockheed Missiles and Space Company, where he assumed a job as aerospace engineer. Graduating from MIT with an SB degree in 1962, Arthur J. Samberg went on to obtain an MS degree in aeronautics and astronautics from Stanford University and a M.B.A. from Columbia University. Today, Art Samberg, who is a Member of the MIT Executive Committee, for five years served as Chairman of the MIT Investment Management Company and currently sits on the Board of Advisor of the MIT Energy Initiative, also holds a lifetime membership in the MIT Corporation.

The members of the MIT Corporation are comprised of people who are notable leaders in the fields of engineering, education, science, and public service. Only 25 individuals can serve as life members at a time. Upon their 75th birthday, life members can transfer their membership to that of life member emeritus. While life members who participate as emeriti can attend meetings, they no longer have voting privileges.

Virtually all the trustees that serve on the board are MIT graduates. However, graduation from the schools is not a requirement. Other criteria used in the selection process include geographical representation and professional standing and reputation. The MIT Corporation requires that members show a high level of commitment and continued participation in the activities of the school.
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    Art J. Samberg, owner of Hawkes Financial LLC (his family office vehicle), was the Chairman and Chief Executive Officer of what was, at one point, the largest hedge fund in the world before he decided to venture into the family investment sector. ​

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