Bob Feduniak was one of the first people on Wall Street to use his expertise with derivatives as the basis for global risk management. After receiving a physics degree from Stanford University and a masters in physics from UC Berkeley, he joined Morgan Stanley in 1982. During the course of his career at that firm, he managed the firm’s commodity activities, chaired the firm’s futures and options committee and established a global risk management committee. He also has served on the boards of the FIA, Chicago Mercantile Exchange, and the Options Clearing Corporation.