Twelve Year ICAP Veteran Promoted to Newly Created Position

CHICAGO, May 11, 2009, Large-cap value investment manager, Institutional Capital LLC (ICAP), today announced Paula L. Rogers has been promoted to the position of president, effective May 6^th.

In this newly created position, Rogers will assume oversight responsibility for all business development, client service and operational areas of ICAP. In addition, she will remain a member of the firm’s investment management committee, reporting directly to Jerrold K. Senser, ICAP’s chief executive officer and chief investment officer.

“Paula’s promotion is in recognition of her 12 years of outstanding service to ICAP.  She has played a critical role in our company’s growth over the past decade and we look forward to her continued contributions in this new leadership position,” said Senser.

With over 28 years of experience, Rogers was with Goldman Sachs, Northern Trust and Eastman Kodak prior to joining ICAP. She holds an MBA from the University of Chicago and a BBA from the University of Michigan.

With Rogers’ elevation to president, Scott E. Weisenberger has been promoted to director of Business Development and Client Service.     The senior vice president with ICAP has over 25 years of industry experience, and holds an MBA from the University of Wisconsin Madison and a BA from the University of Wisconsin LaCrosse.   He will report directly to Rogers in his new role.

“These promotions within our organization are emblematic of ICAP’s culture of continuity in terms of its people and its process. I congratulate both Paula and Scott on their new responsibilities,” concluded Senser.   

About Institutional Capital LLC

ICAP is a large-cap value investment manager based in Chicago with nearly 40 years of extensive experience managing multiple institutional client types. ICAP's clients are some of the world's largest and most respected corporations and institutions. It offers both U.S. and non-U.S. investment products. ICAP is an SEC registered investment advisor and a wholly-owned subsidiary of New York Life Investments.

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