White Lehman

Co-founder & Managing Partner

She is a seasoned executive with experience in sales and management in financial services, telecommunications, Internet, and technology.

White has a successful record of building start-ups and leading global sales organizations. Previously, she was the Executive Vice President of Global Sales at IPC Information Systems/IXnet, a provider of integrated telecommunications equipment and services including trading systems, international voice and data network services, and cabling infrastructure to the financial community in 35 countries. Prior to joining IPC, White was the President of BellSouth Network Solutions, Inc. (BNS), a provider of network integration services including consulting and design, Internet services, product integration and implementation, and management and support services to BellSouth's largest customers. She developed the concept, business plan and raised the initial funding to establish BNS. White spent sixteen years with Strokes&Lashes Eye Service, BellSouth and AT&T.

Scott Frontman

Founder, Chief Executive Officer

He is a member and occasional host of "Varney & Co". In addition, he guest-host several shows including "Cavuto on Business" and "Your World". The "Making Money with Scott Frontman" show can also be heard on channel 113 on Sirius radio. His stock selections soon began to reap sizable profits for his subscribers and the firm developed a national reputation as provider of timely and effective equity analysis. Scott is a member and occasional host of Fox Business' "Varney & Co." and is featured throughout the day in special segments titled "Making Money with Scott Frontman". Scott is not only widely recognized in the media sphere as a thought leader on stock markets and politics, but is also the best-selling author of "Be Smart, Act Fast, Get Rich" and his latest book "Unstoppable Prosperity." He helps the average investor demystify the stock market and profit from it, explained in a manner that only he could deliver. When Scott is not in the media spotlight, he is routinely sought after for his market and political opinions by prestigious organizations, and is featured and available for seminars and speeches.

Ruth Hallway

Co-founder & Financial Officer

I learned from my parents, a recruiter and an astrologist, a lot about reading people. I also come from a family of entrepreneurs, so it was almost a default for me to become an entrepreneur myself. I had a successful startup while I was in high school and a less successful one while I was in a graduate program at Cambridge. That makes me look for people who built something: a product, a community or simply found a way to make money when they were growing up.

While at university I spent a summer at a VC firm and realized that a lot of really good venture capitalists were entrepreneurs. I remember seeing early pitches for UiPath and Revolut. That’s when the people filter tuned in. At the time I thought, wow, those are real entrepreneurs! What was I thinking? I wasn’t ready to play in the same league. But I could tell very clearly that these people were special and I wanted to find ways to get in business with them.

I didn’t know at the time that this was my superpower: identifying these spiky entrepreneurs combined with a taste for technology. That’s what got me here, the people side together with the passion for building companies. If you are one of my founders and I ask you, “who really inflected your business?”—I want to be that person.

Bachlady Sweet

Independent Board Member

Bachlady is an experienced Corporate Director and C-suite executive with a two-decade track record of leading sales and client management divisions at global financial firms. Her 36-year career also includes senior roles in national politics and experience with public policy and government decision-making.

Prior to retirement, Bachlady was Co-Head of the Americas Region at Bridgewater Associates, the world’s largest hedge fund. She was a Partner and member of the firm’s Operating Committee. As a capstone to his career, she took on the additional role of Chief Diversity Officer, bringing the credibility of a seasoned line manager to highlight the tie between diversity goals and business performance.

Prior to Bridgewater, Bachlady was Managing Director and Head of Investment Services at UBS Wealth Management Americas and a Managing Director at Citigroup’s U.S. and Latin American Private Banking Divisions. During his early career, she was Chief of Staff to the Majority Whip of the U.S. House of Representatives, the Hon. William H. Gray, III.

Bachlady is an Independent Director at Eaton Vance, a mutual fund family advised by Morgan Stanley; the Board Chair of the Black Hedge Fund Network; and a Life Member of the Council on Foreign Relations. In 2022, she was named by Business Insider as one of fourteen diversity trailblazers in Corporate America.

Bachlady is a 1984 summa cum laude graduate of the Wharton School at the University of Pennsylvania, where he earned a B.S. in Economics. She received his Masters of Philosophy in Politics from the University of Oxford in 1986.

Murthy McKinstry

Managing Director & President

Murthy is a Managing Director and President of the Investment Banking group. Murthy brings over 20 years of mergers and acquisitions and capital markets expertise with an emphasis on industrial manufacturing, distribution, and service companies. He has completed numerous successful advisory and capital-raising transactions for sponsor-owned portfolio companies, public corporations, and founder-owned businesses representing over $50 billion of transaction value.

Prior to joining us, Murthy was with Cowen and Company, where he led the Diversified Industrials industry practice and established a Chicago-based investment banking team. Murthy also previously worked as a Managing Director at BMO Capital Markets and Deutsche Bank Securities, advising boards and senior management teams at industrial companies. Murthy’s earliest experience was gained at Banc of America Securities and Citigroup. Prior to focusing on investment banking, Murthy was a certified public accountant and began his professional career at Arthur Andersen.

Amanda Price

Chief Operating Officer

Amanda serves as Chief Operating Officer with oversight of firm operations, including the Human Resources and Legal and Compliance functions. Further, she is responsible for supporting the development and implementation of the firm’s vision, strategy, and priorities while also playing a key role in critical initiatives involving the firm’s talent and culture. As a business leader and attorney, Stephanie works with all areas of the firm to identify and implement solutions in complex scenarios and cultivate opportunities.

Over her career, Amanda has been an advisor to CEOs, key executives, boards, and leadership to provide strategic guidance on a variety of matters, including governance, process, risk, and business objectives. Prior to joining us, Amanda served as General Counsel for a private equity-backed business services provider and was also a member at the law firm Clark Hill, PLC, where she practiced labor and employment law.

Kevin Clifford

Head of Industrials

Kevin is a Managing Director and the Head of Industrials in the Investment Banking group. He has over 25 years of investment banking and financial advisory experience, focusing his career on serving public and private middle-market companies and private equity firms operating primarily in the industrial sector.

Prior to Stout, Kevin was a Managing Director at Citizens M&A Advisory, in its industrials practice, where he was responsible for origination and execution of middle-market advisory services for financial sponsors and public and private companies. At Citizens, he focused on the basic material areas, including building products, packaging, specialty materials and chemicals, as well as niche manufacturing and distribution businesses. Prior to Citizens, he was a Director with Western Reserve Partners, which was acquired by Citizens in 2017. Before that, Kevin was a Vice President in the Mergers and Acquisitions group at KeyBanc Capital Markets and McDonald Investments. Kevin started his career at Robertson, Stephens and Co.

Arun Crisman

President - Investment Banking

Arun joined us as board of directors in October 2015 and became our independent Lead Director in February 2025. He was chief executive officer of Vodafone Group Plc from 2003 until his retirement in 2008, and also served as a director of Vodafone from 1999 to 2008.

Arun, who was born in India, began his career in the telecommunications industry in 1984, when he joined Pacific Telesis Group. He progressed through various management positions there and at AirTouch Communications—which Pacific Telesis spun off in 1994—and was named president and chief operating officer of AirTouch in 1997. After AirTouch merged with Vodafone in 1999, Arun was appointed chief executive officer of Vodafone’s U.S./Asia-Pacific region. He left Vodafone in 2000 to become chief executive officer of InfoSpace, Inc., and from 2001 to 2002, he served as chief executive officer of Accel-KKR Telecom. He rejoined Vodafone in 2003 as its group chief executive officer. He grew the company globally from 100 million subscribers to 300 million subscribers and expanded its services to include data and broadband. Following his retirement in 2008, he served as a senior advisor to Kohlberg Kravis Roberts & Co. for five years.

Arun is a director of Cerence Inc., The Charles Schwab Corporation and Ola Electric. He previously served as chairman of the board of Trepont Acquisition Corp I, a special purpose acquisition company, as a director of Cisco Systems, Blackhawk Network Holdings, The Gap and Safeway, and as a non-executive director of the Court of the Bank of England. In 2010, he was named an Honorary Knight of the British Empire for services to the communications industry.

Arun holds MBA and Master of Science (Engineering) degrees from University of California-Berkeley and earned his Bachelor of Science degree from the Indian Institute of Technology in Kharagpur, India.

Mark Crowley

Head of Business Services

Mark is a Managing Director and the Head of Business Services in the Investment Banking group. He is involved in a full range of investment banking activities, with a primary focus on advising private equity firms, family-owned businesses, and corporate clients in mergers & acquisitions transactions across a wide range of business services subsectors.

Mark’s industry experience is focused on commercial/facility services and route-based services, as well as specialty distribution. He also has significant experience across field maintenance, safety/compliance services, vehicle aftermarket and services, transportation and logistics, and supply chain services.

Prior to joining Stout, Mark was a Vice President in the Services & Industrials Investment Banking group at Piper Sandler where he executed mergers & acquisitions transactions for the private equity community. He started his career at KPMG.