Franklin is chairman and former CEO of Acadian Asset Management, a $100 billion institutional asset management firm that he co-founded in 1986. Before joining Acadian, Franklin was assistant treasurer of Thermo Electron Corporation (now Thermo Fisher Scientific, a Fortune 500 company), where he managed all aspects of the treasury function. A graduate of Middlebury College—from which he received an Honorary Doctor of Humane Letters degree in 2008—Franklin chaired the College’s board from 2000 to 2004 and is now a member of the investment committee for its $1 billion endowment. He is also a Boston board member of The Posse Foundation—which recruits students from diverse backgrounds with extraordinary leadership potential, trains them to pursue consensus solutions to complex social problems and sends them to some of the country’s most competitive colleges—and is a past president of the Concord (MA) Museum. Prior to joining the Institute’s board in 2019, Franklin served on its Investment Committee. He continues to serve on that committee today, as well as the Ad Hoc Committee, and is chair of the Development Committee.