Welcoming new member Richard Baum

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Umbrex is pleased to welcome Richard Baum with Consumer Growth Partners. Richard co-founded Consumer Growth Partners (“CGP”) in 2005 and is the Managing Partner. CGP is a hybrid investment and advisory firm with an exclusive focus on companies in the retail (channel agnostic) and non-perishable branded consumer products sectors. Prior to CGP, Richard spent 16 years on Wall Street as a top-rated Equity Research Analyst at Credit Suisse, Goldman Sachs and Sanford Bernstein & Co. where he followed specialty retail companies. Previously Richard spent six years in merchandising at Bloomingdale’s and began his career at the Boston Consulting Group.

He is currently President of the Retail Marketing Society (www.retailmarketingsociety.org) and serves on the board of 2 private companies. He recently stepped down from the board of Vera Bradley (NYSE: VRA). Richard lives outside New York City in Westchester County with his wife. He has two adult sons, one a corporate attorney in DC and the other a musical theatre composer, arranger and vocal coach in New York City. Richard is happy to work on projects involving retail and consumer products companies