C.S. (Stan) Sorrell
CEO
Mr. Sorrell has responsibility for all Bassi Investments operations. Previously,
he served as President, Chief Executive Officer, and Vice Chairman
of the Board of Calvert Group from 1987 to 1997. In this position,
he was responsible for the overall management operations of Calvert
Group, Ltd., a $5.4 billion investment management firm based in
Bethesda, Maryland.
Currently, in addition to his responsibilities at Bassi Investments, he is also the co-founder, chairman, and CEO of Paragon
Financial Holdings, an investment consortium that owns and operates
an investment advisory firm, an investment consulting firm, and
an institutional money management company. In 1997, Mr. Sorrell
joined Potomac Asset Management Company, Inc. (PAMCO) as President
and CEO. PAMCO is a registered investment advisor for individuals
and institutions, with assets under management of $850 million.
PAMCO is located in Bethesda, Maryland.
After a career of over 20 years with The Riggs National Bank of
Washington, DC, in 1980 Mr. Sorrell joined Calvert Group as Vice
President and Marketing Director, where he was responsible for developing
marketing strategies and assisted in the design of new products.
He was promoted to Senior Vice President and Chief Operating Officer
of Calvert in 1981, where he was responsible for managing Marketing,
Information Systems, Shareholder Operations, Portfolio Accounting,
and Human Resources. He became Calvert’s President, Chief Executive
Officer, and Vice Chairman of the Board in 1987. During 1985, Mr.
Sorrell developed a business plan and won a bank charter from the
Federal Home Loan Bank Board to organize and open Acacia Federal
Savings Bank. He served as the bank’s first President and CEO.
Mr. Sorrell received his Bachelor of Science in Business Administration
(with concentration in Accounting) from Southeastern University
in Washington, DC. He also completed a three-year Executive Management
Course at the University of Wisconsin, as well as a series of courses
at Harvard University Business School.
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