David A. Budd earned a BA in English Literature from Hobart College and a Masters Degree in Finance from the Wharton School of Business at the University of Pennsylvania in 1973. He went on to work for Dominick & Dominick, Inc., Sperry Rand Corporation, the Hertz Corporation and Keefe, Bruyette & Woods, Inc, where he was a senior Vice President and co-director of the Corporate Finance Department. He left KBW in 1993 to co-found McConnell, Budd and Romano, Inc. where he directed the corporate finance department until the firm disbanded in 2005. During his tenure at KBW and MB&D, he participated in the successful completion of more than 100 mergers in the banking industry and numerous securities offerings including IPO’s of banks and bank holding companies. He has served in various capacities as an officer and trustee for the non-profit Great Swamp Watershed Association including serving three terms as Chairman.
Mr. Budd is an avid fisherman, both saltwater and fresh, and both fly fishing and artificial lures, hence a life-long interest in water quality and quantity. He and his wife, Susan, have five children and three grandchildren and live in Vero Beach, FL. They also divide their time between residences in Morris Township and a farm in Donegal, Ireland.