Vernon Chester Plack

Former Analyst at Johnston Lemon Asset Management, Inc.

Vernon Chester Plack

Vernon Chester Plack

Former Analyst at Johnston Lemon Asset Management, Inc.

Overview
Career Highlights

Richmond Society of Financial Analysts

RelSci Relationships

656

Relationships
RelSci Relationships are individuals Vernon Chester Plack likely has professional access to. A relationship does not necessarily indicate a personal connection.

Founder at Akre Capital Management LLC

Relationship likelihood: Average

Managing Director & Portfolio Manager at Investment Management of Virginia LLC

Relationship likelihood: Average

Partner at New Potomac Partners LLC

Relationship likelihood: Average

Former Treasurer at Johnston Lemon Asset Management, Inc.

Relationship likelihood: Average

Former President & Chief Executive Officer at Johnston, Lemon and Company Inc.

Relationship likelihood: Average

Partner at New Potomac Partners LLC

Relationship likelihood: Average

Division Executive, Chief Investment Officer at Sandy Spring Trust

Relationship likelihood: Average

Former Chief Financial Officer & Chief Compliance Officer at Johnston, Lemon and Company Inc.

Relationship likelihood: Average

Managing Director & Senior Analyst at Seaport Global Securities LLC

Relationship likelihood: Average

Former Investment Advisor Manager at Johnston, Lemon and Company Inc.

Relationship likelihood: Average

In The News
Paths to Vernon Chester Plack
Potential Connections via
Relationship Science
You
Vernon Chester Plack
Former Analyst at Johnston Lemon Asset Management, Inc.
Education
MBA

Campbell University was founded as a community school on January 5, 1887 called Buies Creek Academy. It was founded by North Carolina minister James Archibald Campbell, under the conviction that no student should be denied admission because of lack of funds. In 1926, the school attained junior college status and changed its name from Buies Creek Academy to Campbell Junior College. In 1961, Campbell became a senior college. The name was changed to Campbell University on June 6, 1979 with the addition of the Norman Adrian Wiggins School of Law. The Norman Adrian Wiggins School of Law was founded in 1976, and the Lundy-Fetterman School of Business was begun in 1983. The Pharmacy School and School of Education were established in 1985. The Divinity School was established in 1995. The School of Law moved from Buies Creek to its new Raleigh campus in 2009. The School of Osteopathic Medicine, North Carolina's first new medical school in more than 35 years, will open in August 2013.

BS in Mechanical Engineering & Management

West Point's role in our nation's history dates back to the Revolutionary War, when both sides realized the strategic importance of the commanding plateau on the west bank of the Hudson River. General George Washington considered West Point to be the most important strategic position in America. Washington personally selected Thaddeus Kosciuszko, one of the heroes of Saratoga, to design the fortifications for West Point in 1778, and Washington transferred his headquarters to West Point in 1779. Continental soldiers built forts, batteries and redoubts and extended a 150-ton iron chain across the Hudson to control river traffic. Fortress West Point was never captured by the British, despite Benedict Arnold's treason. West Point is the oldest continuously occupied military post in America. Several soldiers and legislators, including Washington, Knox, Hamilton and John Adams, desiring to eliminate America's wartime reliance on foreign engineers and artillerists, urged the creation of an institution devoted to the arts and sciences of warfare. President Thomas Jefferson signed legislation establishing the United States Military Academy in 1802. He took this action after ensuring that those attending the Academy would be representative of a democratic society. Colonel Sylvanus Thayer, the "father of the Military Academy," served as Superintendent from 18l7-1833. He upgraded academic standards, instilled military discipline and emphasized honorable conduct. Aware of our young nation's need for engineers, Thayer made civil engineering the foundation of the curriculum. For the first half century, USMA graduates were largely responsible for the construction of the bulk of the nation's initial railway lines, bridges, harbors and roads. After gaining experience and national recognition during the Mexican and Indian wars, West Point graduates dominated the highest ranks on both sides during the Civil War. Academy graduates, headed by generals such as Grant, Lee, Sherman and Jackson, set high standards of military leadership for both the North and South. The development of other technical schools in the post-Civil War period allowed West Point to broaden its curriculum beyond a strict civil engineering focus. Following the creation of Army post-graduate command and staff schools, the Military Academy came to be viewed as the first step in a continuing Army education. In World War I, Academy graduates again distinguished themselves on the battlefield. After the war, Superintendent Douglas MacArthur sought to diversify the academic curriculum. In recognition of the intense physical demands of modern warfare, MacArthur pushed for major changes in the physical fitness and intramural athletic programs. "Every cadet an athlete" became an important goal. Additionally, the cadet management of the Honor System, long an unofficial tradition, was formalized with the creation of the Cadet Honor Committee. Eisenhower, MacArthur, Bradley, Arnold, Clark, Patton, Stilwell and Wainwright were among an impressive array of Academy graduates who met the challenge of leadership in the Second World War. The postwar period again saw sweeping revisions to the West Point curriculum resulting from the dramatic developments in science and technology, the increasing need to understand other cultures and the rising level of general education in the Army. In 1964, President Johnson signed legislation increasing the strength of the Corps of Cadets from 2,529 to 4,417 (more recently reduced to 4,000). To keep up with the growth of the Corps, a major expansion of facilities began shortly thereafter. Another significant development at West Point came when enrollment was opened to women in 1976. Sixty-two women graduated in the class of 1980, to include Andrea Hollen, Rhodes Scholar. Just as women are a vital and integral part of the U.S. Army, so they are at West Point. In recent decades, the Academy's curricular structure was markedly changed to permit cadets to major in any one of more than a dozen fields, including a wide range of subjects from the sciences to the humanities.

Memberships
Member
Current

The Mission of the CFA Institute is to lead the investment profession globally by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.

Career History
Analyst
Tenure Unconfirmed

Johnston Lemon' Asset Management's (JL) portfolios consist of large and mid-cap companies with risk characteristics similar to the S&P 500 index. Rather than stress a style that may spend many periods of time out of favor, they build portfolios that have market-like characteristics. Within that framework, they stress those companies that they believe are doing the best job at creating value for their shareholders. The firm begins with in-depth research on companies using a variety of cash flow screening tools. They focus on cash flow returns rather than the traditional measures of profitability. For fixed-income, JL purchases only publicly traded investment grade bonds. Fixed-income portfolios are targeted to have an intermediate-term average maturity. Their goal is to preserve their clients' capital as much as possible without giving up the advantages of stable income, higher current yield and appreciation potential that long-term bonds afford. Within this context, average maturities change based on the client's individual needs and their analysis of the economy. The firm stresses sectors that they believe are most attractive based on historical norms and typically hold shorter-term securities to maturity.

Senior Managing Director & Director of Research
1994 - Prior

BB&T Securities LLC, doing business as BB&T Capital Markets, is the broker/dealer subsidiary of BB&T Corp. (NYSE: BBT). The firm is headquartered in Richmond, Virginia. They offer a full array of investment, trading and execution services to middle-market companies.BB&T Capital Markets' sales and trading arm is comprised of 2 groups: Debt Securities Sales & Trading and Equity Sales & Trading. The Debt Securities Sales & Trading group focuses on: (1) Government and agency securities (2) corporate bonds (3) municipal bonds (4) asset-backed securities (5) mortgage-backed securities (6) preferred securities and (7) money market desk (short-term securities including BB&T funding). The Equity Sales & Trading group focuses on: (1) institutional block execution services (2) institutional distribution of proprietary research (3) providing proprietary access to industry leading conferences and management teams (4) serving as a NASDAQ market maker for over 250 securities (5) stock buybacks including 10b-18 and 10b5-1 trading plans and (6) 144 stock sales, individual 10b5-1 trading plans (buy and sell) and employee cashless stock option programs.BB&T Capital Markets provides research coverage of the communications, defense and government services, energy, financial services, furnishings and consumer durables, healthcare, industrial services, retail/consumer durables and transportation services sectors.

Analyst
Prior - 1993

Founded in 1920, Johnston Lemon & Co., Inc. is a full-service brokerage firm headquartered in Washington, DC. The firm provides a full array of trading and execution services for their clients. They do not provide any internal research. Johnston Lemon & Co. is a member of the NASD and the SIPC.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Vernon Chester Plack. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Vernon Chester Plack's profile does not indicate a business or promotional relationship of any kind between RelSci and Vernon Chester Plack.