Cathy is a retired attorney with more than 40 years of experience in the investment management, tax and retirement regulatory fields. At the Capital Group Companies, one of the ten largest investment management firms in the world, she served as General Counsel to Capital Bank and Trust, a trust bank for retirement assets and high net worth individuals, and as a Senior Vice-President of the Fund Business Management Group of Capital Research and Management Company, the investment adviser to the American Funds. She was a founding member of the groups that established the largest 529 college savings plan in the nation and the American Funds industry leading target date retirement funds. She also served as chair of Capital Group’s Retirement Plan Committee, responsible for administering plans covering more than 7000 employees.
Prior to working at the Capital Group, Cathy was Senior Vice-President for Tax, Pension and International issues at the Investment Company Institute, the trade association for the US mutual fund industry. While living in Washington, she also worked in the Washington office of a major New York law firm, the national tax office of one of the largest international accounting firms and at the US Department of Labor, where she served as Special Assistant to the Solicitor of Labor.
Cathy earned her BA degree from Wellesley College, her JD from Boston University School of Law and an LLM in taxation from Georgetown University Law School. Cathy and her husband, Al Schneider, divide their time between homes in Manhattan Beach, California and Arlington, Virginia.