Financial Professionals
Financial Advisors
Institutional Investors
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Business Administration
Cheryl Cargie

Cheryl Cargie

Senior Vice President
Head Trader
With over 27 years of trading experience, Cheryl is Ariel’s head trader and is responsible for the firm’s domestic trading operations. Prior to joining the firm in 1994, she was vice president and head trader at Fiduciary Management Associates. In this capacity, she was the firm’s principal trader of both equities and fixed income securities. Prior to her tenure at Fiduciary Management, Cheryl was an equity trader at Aon Corporation. She is an active member of NASDAQ’s Institutional Traders Advisory Council and a member of the National Organization of Investment Professionals. In 2013, Cheryl was honored with The Lifetime Achievement Award from the Securities Traders’ Association of Chicago (STAC), where she also served as a past president. Cheryl graduated from Illinois State University with a BS in finance. 

Mareilé Bayard Cusack

Senior Vice President
General Counsel
Mareilé advises Ariel’s senior leadership, external Mutual Fund Board of Trustees and our external Company Board of Directors on a wide range of legal and regulatory matters regarding the investment adviser, investment company, broker-dealers, securities compliance, corporate and fund governance as well as SEC and FINRA examinations. Furthermore, she acts as board secretary for the investment adviser, broker-dealer and Ariel Investment Trusts in addition to overseeing fund administration. Mareilé joined Ariel in 2007, bringing over two decades of legal experience to the firm. Most recently, she worked at the Chicago Stock Exchange where she held the positions of associate general counsel and chief enforcement counsel. Moreover, she was the chief legal counsel for the Illinois Gaming Board and served as an attorney for the Securities and Exchange Commission and two Chicago-based law firms. Outside of Ariel, Mareilé serves on the boards for The Great Books Foundation and The Smart Museum. Mareilé holds a BA in European history and economics from the University of Pennsylvania where she graduated magna cum laude. She earned her JD degree from the University of Virginia School of Law.

Wendy D. Fox

Vice President
Chief Compliance Officer, Ariel Investments, LLC
Wendy joined Ariel in 2004 as chief compliance officer of Ariel Investments, LLC and its affiliated broker-dealer, Ariel Distributors, LLC. In 2014 she was appointed chief compliance officer for Ariel Investment Trust. As such she is responsible for regulatory risk oversight and administration of compliance programs covering the investment adviser, broker-dealer and mutual funds. Wendy works closely with senior management, the firm’s external corporate directors and Ariel Investment Trust’s independent trustees, advising on compliance matters and managing regulatory examinations. Prior to Ariel, Wendy spent 16 years working for the U.S. Securities and Exchange Commission’s Chicago Regional Office. During her tenure with the SEC, she served in a number of leadership positions, including attorney-adviser for the Branch of Investment Management Examinations, ethics liaison officer and senior attorney for the Division of Enforcement. Beyond Ariel, Wendy serves on the board of trustees for Temple Beth Israel and is co-president of The ARK, a non-profit organization that provides free social and medical services to members of Chicago’s Jewish community. Wendy began her career as an attorney with a private practice in Chicago. She earned a BA in English literature from the University of Michigan and a JD from Washington University in St. Louis.

Maureen Keane

Senior Vice President
Director of Operations
Maureen oversees a variety of administrative and operational functions such as account administration, reconciliation, account performance and composite reporting, proxy voting, corporate actions and auditing. Her additional responsibilities include strategic planning, process improvement and systems conversions. Prior to joining Ariel, Maureen worked at EnvestNetPMC, Inc. as operations manager, where her responsibilities included managing the account administration staff as well as developing additional custodial relationships. Additionally, she served as administration supervisor at EVEREN/First Union. Maureen is a graduate of Northern Illinois University where she earned a BS in business.
Roger Schmitt

Roger Schmitt

Senior Vice President
Chief Information Officer
Roger joined Ariel in 1992 after a 13-year career at IBM Corporation where, as marketing manager of advanced technology solutions, he counseled small and medium-sized companies on computer systems that enhance productivity, customer service, and ultimately, bottom line business results. Roger’s strong computer systems and management background is well-suited for his responsibilities at Ariel, which include computer systems, phone systems and e-business initiatives. Outside of Ariel, Roger serves as a trustee and the treasurer for Winnetka Covenant Church. Roger received a BSE in chemical engineering from Princeton University, where he was a member of the varsity basketball team, and an MBA with a specialization in finance from the University of Chicago.
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