KORR Leadership

Our team possesses a high level of commitment and willingness to buck the status quo. We are successful because of our creativity, specialized knowledge in value investments, and innovative breakthroughs.

Chairman & CIO Kenneth Orr

CIO. Series 65 Uniform Investment Advisor Law Exam

KORR founder, Kenneth Orr, has initiated numerous activist investments, all of which have outperformed the markets, proved profitable, and have provided Ken with specific skills and knowledge that can only be gained through experience.

Mr. Orr’s campaigns in the past have included, Surge Components (resulted in a merger), NuHorizons, Inc. (resulted in a sale to Arrow), Calton Homes (resulted in a special dividend).

Since founding KORR, Mr. Orr has been an activist in Sanderson Farms (buybacks), The Andersons (takeover bid by a partner for $1.5 billion), Rocky Brands (divestiture), Skull Candy (sale) and Medallion Financial (de-consolidating a trust and issuing unsecured notes).

Mr. Orr acquired Herold Securities in 1994 and renamed the firm First Cambridge Securities. FCS established offices in New York City and Los Angeles. As Chief Executive Officer, Kenny built the firm to over 400 employees with more than 15,000 clients. Clearing through Bear Stearns, FCS quickly became one of Bear Stearn’s largest correspondents. FCS was an underwriter, syndicate member and/or placement agent in billions of dollars’ worth of IPOs, secondary offerings and private placements. In addition to brokerage services, FCS maintained a proprietary trading desk, fixed income department and
a research department. Co-underwriters and/or syndicate members of FCS included Starr securities, Fagenson & Co., Merrill Lynch, Bear Stearns, Montgomery, and Rausher Pierce. Notable underwritings and/or investment focuses included Rentway, which later sold to Rent-A-Center in 2003, and Ivax Corporation, which sold to Teva in 2005, creating the largest generic drug manufacturer in the world.

Kenneth Orr is a graduate of Tufts University (‘88 – Bachelor of Science), Columbia Business School (Value Investing) and Harvard Business School (Leading with Finance).