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Andrew Marshall Saul (born November 6, 1946) is an American businessman from Katonah, New York who served as the Chairman of the Federal Retirement Thrift Investment Board (FRTIB) and Vice Chairman of the Metropolitan Transportation Authority (MTA) in New York City, United States.〔Official Biography of (Vice Chairman Andrew M. Saul Vice ) from the Metropolitan Transportation Authority. Retrieved 8/4/2007 from (mta.info ).〕〔(Presidential Nomination of Andrew Saul ). Retrieved on 8/10/2007 from (whitehouse.gov ).〕 Saul has been a General Partner in the investment firm Saul Partners, L.P., since 1986.〔(Company Profile: Saul & Partners ). Retrieved 8/15/07 from (zoominfo.com ).〕 As Chairman of the Thrift Investment Board, he was responsible for overseeing the Thrift Savings Plan (TSP) which is the retirement savings account for employees of the Federal Government and soldiers of the armed services.〔 The TSP is known to reap higher returns for their retirement than comparable private-sector workers, and is immune from many of the problems that plague mutual funds.〔Barr, Stephen. "(Upping the Emphasis On Investment Strategies )". ''Washington Post'', page C02. November 16, 2003.〕 During Saul's tenure, the TSP was grown to over $200 billion in assets by 2007, making it twice as large as when he began in 2003.〔(TSP Reaches New Heights, Sets Next Legislative Agenda ). Retrieved 8/12/2007 from (fedmanager.org ).〕 He also cut operating expenses by over $20 million.〔(About Andrew ). Retrieved 8/15/07 from (andrewsaul.com ).〕〔Gruber, Amelia. "(Cost of running TSP lower than anticipated )". ''(Government Executive )''. September 18, 2006.〕 The TSP is the largest defined contribution plan in the world with over 3.7 million participants and assets worth over $210 billion.〔 The plan is expected to grow to at least $300 billion by 2010.〔Gruber, Amelia. "(TSP board picks insider as new director )". ''(Government Executive )''. March 20, 2007.〕 His largest accomplishment with the Thrift Savings Board was to eliminate open enrollment periods, which allows eligible participants to enroll year-round, and the launch of lifecycle funds, which automatically allocate investments to minimize risk as a federal employee nears retirement.〔Barr, Stephen. "(Soon, Every Day Will Be Open Season for TSP Participants )". ''Washington Post''. February 2, 2005.〕〔Barr, Stephen. "(TSP Aims to End Limits on When Employees Can Alter Retirement Accounts )". ''Washington Post'', page B02. April 12, 2004.〕 During monthly FRTIB board meetings, Saul pushed for improvements in technology and customer service, and was instrumental in having the board hire an outside auditor to review TSP financial statements and bring any concerns directly to the board rather than to TSP staff.〔Barr, Stephen. "(TSP Board to Critique Stock, Bond Indexes for Retirement Investing )". ''Washington Post'', page B02. January 16, 2006.〕 He is required by law to be independent and act in the best interests of plan participants.〔"TSP designers insulated investment decisions from social investing by setting up an independent investment board, narrowing investment choices, and requiring strict fiduciary duties. Its creation involved five years of open forums and debate designed to create strong bipartisan support. Its creators made clear from the beginning that economic, not social or political, goals were to be the sole purpose of the investment board. The TSP has perpetuated this norm by refusing to yield to early pressure to invest in "economically targeted investments" or to avoid companies doing business in South Africa and Northern Ireland."—''Arnold et al.'' 1998, p. 20 ()〕〔Arnold et al. 1998, p. 348〕 As chairman, Saul urged the board to send a signal to Congress that the Thrift Savings Plan cannot be drawn into social or political debates, even for good causes.〔Barr, Stephen. "(Retirement Fund Shouldn't Be Political Tool, Board Says )". ''Washington Post''. June 21, 2007.〕 He also opposed so-called "terror-free" investments which would divest the plan from holdings in any government designated by the State Department as a terrorist-sponsoring state, or in businesses with substantial investments in those nations.〔O'Brien, Michael. "(Not with My Money )". ''National Review''. June 30, 2007.〕〔Ballenstedt, Brittany. "(TSP divestiture proposals stall in committee )". ''(Government Executive )''. July 30, 2007.〕 He was a major advocate for ensuring that its computer systems and offerings keep pace with the program's expanding size.〔Barr, Stephen. "(Retirement Plan Lucked Out the Day After Markets Fell )". ''Washington Post'', page D04. April 19, 2007.〕 Saul has been active in Republican Party politics. In 2007 he began a campaign for the Republican nomination to run against U.S. Representative John Hall in the 2008 election, but withdrew from the race in November 2007. ==Early career and background== Saul was born in New York City. He graduated from the Wharton School of the University of Pennsylvania in 1968 and began his career with Brooks Fashion Stores, rising to become its President, and growing the company into a large corporation listed on the New York Stock Exchange.〔"(OK disclosure statement in Caché Chap. 11 plan. )". ''(Daily News Record )''. December 10, 1986.〕 Along with his father Joseph, he then purchased the bankrupt South Florida women's apparel company Caché Inc. ((NASDAQ:CACH )), and restored it to solvency.〔"U.S. Bankruptcy Judge Thomas Britto approved a plan of reorganization to keep Caché, a financially troubled women's clothing chain, in business. Saul Partners, a New York retailing partnership was to invest up to $11 million in the Miami-based company, obtaining over 50% of Caché's stock. The confirmation, following a brief hearing, was unopposed."—''Miami Herald'', December 20, 1986.〕〔Owens, Dory. "(Caché reorganization plan OK'D with no opposition )". ''Miami Herald'', page 4B. December 20, 1986.〕〔Chrissos, Joan. "(Caché to get Life-Saving Investment )". ''Miami Herald''. December 3, 1986.〕 The company is now an upscale fashion store with 300 outlets around the world, and is publicly traded on the NASDAQ.〔Murray, Brean. "(Caché Inc. - Initiating Coverage )". ''(Foster Securities Inc. )'' June 2, 2003.〕〔Chrissos, Joan. "(Retailer Ready to Shift Headquarters and Strategy )". ''Miami Herald'', page 21BM. February 23, 1987.〕 He has served on the board of directors since 1986, and as Chairman of the Board from February 1993 to October 2000.〔(Executive Profile: Andrew M. Saul, Director: Cache, Incorporated ). Retrieved 8/17/07 from (executivedisclosure.com ).〕 In 1986, he founded an investment firm with his father, Saul Partners, L.P. as a partner.〔 He is a member of the Board of Trustees of the Federation of Jewish Philanthropies, the (United Jewish Appeal Federation ), the (Sarah Neuman Nursing Home ), the Wharton School of Business, the Manhattan Institute, and Mount Sinai Hospital, New York.〔(Mount Sinai Medical Center Board of Trustees ). Retrieved on 8/4/2007 from (mountsinai.org ).〕 He is also a member of the Chairman's Council of the Metropolitan Museum of Art and a patron of the Museum of Modern Art, and is one of the top art collectors in New York, with extensive holdings of modern art and contemporary art, especially post war American and Chinese bronzes.〔(New York's Top Art Collectors ). ''New York Sun''. July 7, 2005.〕〔Brandon 2006, p. 141〕 He and his wife Denise have two daughters, one of whom is active in Republican politics.〔〔"(WEDDINGS; Kimberly Saul and Aaron Tighe )". ''New York Times'', November 22, 1998.〕〔 His father suffered a stroke in 1996, and Saul became the primary caregiver, making a three-hour round trip drive to Long Island several times a week in order to check on his parents and accompany them to physician appointments while still the CEO of a major corporation.〔Ridge M.D., S. Brent. "(CEO Caregivers )". ''Forbes''. October 15, 2006.〕 Joseph Saul died in 2007.〔( Paid Notice: Deaths SAUL, JOSEPH E. ) ''New York Times''. April 13, 2007.〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Andrew Saul」の詳細全文を読む スポンサード リンク
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