Investment
Team
Iridian is, at heart, an investment organization. We are dedicated to independent research, investment rigor and the mitigation of risk in the service of our clients and the assets they have entrusted to our care.
Todd Raker
Chief Executive Officer
Todd joined Iridian in 2011 and became CEO in 2022 when the Firm transitioned to employee owned. He is responsible for the management of Mid-Cap Value Equity portfolios. Todd is a member of Iridian’s Executive Committee. Previously, Todd worked seven years as a director in the equity research department of Deutsche Bank, and prior to that as a director in equity research for Credit Suisse First Boston and ING Baring Furman Selz. In addition, he worked in sales for Semiconductor Packaging Materials, and as a research associate with Strategic Planning Associates. Todd holds a BA in Economics from Brown University (1990) and an MSM from the JL Kellogg Graduate School of Management (1995).
Eric Stone
Managing Director
Eric joined Iridian in 2012 and is responsible for the management of Mid-Cap Value Equity portfolios. Eric is a member of Iridian’s Executive Committee. Previously, Eric worked over three years as a portfolio manager with Plural Investments. In addition, he worked from 2003 to 2008 as research analyst with Arience Capital. From 2000 to 2003, he worked in investment banking at Bear, Stearns, Co. Inc. Mr. Stone holds a BS in Industrial and Labor Relations from Cornell University (2000).
Heidi Andersen, CFA
Managing Director
Heidi joined Iridian in 2022 and serves as a research analyst for our Mid-Cap Value Equity portfolios. Previously, Heidi worked as a senior research analyst with 3DAdvisors, LLC providing independent research services to numerous hedge funds. In addition, Heidi worked 5 years as a portfolio manager and research analyst with Franklin Templeton Investments. Heidi holds a BA in Art History from the University of Texas at Austin (1990) and an MBA from Columbia Business School (1995). She is a CFA® charterholder (1998).
Ray Scanlan
Managing Director, Director of Research
Ray joined Iridian in January 2017 and serves as our Director of Research. He also manages our Global Impact portfolio and provides analytical support for our Mid-Cap Value Equity portfolios. Previously, Ray worked as a partner at John W. Bristol & Co. for twelve years. In addition, he worked from 1998 to 2004 as a director/senior equity analyst at Citigroup Asset Management, from 1995 to 1998 as a manager at Marakon Associates, and from 1992 to 1993 as a consultant at the European Community Commission/Lithuanian Investment Bank. From 1989 to 1992, he worked as a business analyst with McKinsey & Company. Mr. Scanlan holds a BS in Economics and BAS in Computer Science from the University of Pennsylvania (1989) and an MBA from the Kellogg Graduate School of Management (1995).
Joseph Wyatt, CFA
Managing Director
Joseph joined Iridian in 2023 and serves as a research analyst for our Mid-Cap Value Equity portfolios. Previously, Joseph worked as a consultant with the Advanced Planning Wealth Management Group. In addition, he worked from 2011 to 2019 as a research associate at Capital Group and Morgan Stanley. Joseph holds a BS in Economics with concentrations in Finance and Insurance & Risk Management from the Wharton School at the University of Pennsylvania (2011) and an MBA from the MIT Sloan School of Management (2021). He is a CFA® charterholder (2013).