Clean Yield Staff

Eric Becker, Portfolio Manager

Eric is Clean Yield’s chief investment officer, overseeing our firm’s portfolio-management discipline.

Almost from the time he graduated from college in 1991, Eric has been engaged in social and environmental investing. He joined Clean Yield in 2009 after sixteen years as an equity analyst and portfolio manager for Trillium Asset Management in Boston. Rising to vice president, Eric was the lead portfolio manager of the $45 million Green Century Balanced Fund and the leader of Trillium’s small-mid cap and sustainable opportunities equity strategies as well as Trillium Sustainable Ventures, its private equity initiative.

Eric holds a B.A. in Comparative Religion from Haverford College and a Chartered Financial Analyst designation from the CFA Institute.

A proponent of sustainable agriculture, Eric is a founding member of the Slow Money Alliance–a network of investors, farmers and activists–and a founding board member of The Carrot Project, a sustainable agriculture finance organization. He is also senior fellow of the Environmental Leadership Program.

Eric and his two children live in Strafford, Vermont, where Eric enjoys beekeeping, birding, live music, and Patrick O’Brian novels.

Elizabeth Glenshaw, Portfolio Manager

Elizabeth is Clean Yield’s President and Managing Director. She came to us with 25 years of experience in SRI. Elizabeth started her career crafting a community banking program for a Vermont bank that focused on ensuring access to credit for low-wealth communities. Subsequently, she worked for two SRI asset management companies, managing portfolios for clients who wished to integrate their social values with their financial objectives. Elizabeth’s last position was with the Calvert Foundation, which assists non-profits in low-wealth and impoverished communities. She was instrumental in growing the organization from six to 38 employees, with a loan portfolio of $200 million.

In 1993, Elizabeth was first elected to the board of the Social Investment Forum, our industry’s trade association. She served for 14 years, several as VP. Currently, she is president of the board of the Vermont Community Loan Fund, serves as an advisor to the Chittenden Bank (Vermont’s largest bank), and is vice president of the board of the Upper Valley Rowing Foundation. She also has an advisory seat with the Upper Valley Region of New Hampshire Charitable Trust.

Elizabeth received a B.A. from Marlboro College and is a graduate of the National Graduate Trust School at Northwestern University. She also has a degree in financial planning from Boston University. Elizabeth loves most sports and competes nationally in rowing. She and her husband Peter are raising three children in Lyme, New Hampshire.

Dorigen Hofmann, Portfolio Manager

Dorigen is a portfolio manager operating out of the Clean Yield office in Washington, D.C.

Immediately prior to joining Clean Yield in 2006, Dorigen was an assistant attorney general for the state of Washington. At the attorney general’s office, she worked on litigation and client advice regarding natural resource management, land use, real estate, public records, and administrative procedures. She has also spent time in Beijing working on land development issues, and she worked for a variety of U.S.-based environmental nonprofits and government agencies.

Dorigen has over 20 years of experience with Clean Yield, although most have been as a volunteer. The daughter of co-founder Rian Fried, her first job, at age seven, was licking stamps and sealing envelopes for the Clean Yield newsletter. Her investment interests vary widely, but she is particularly interested in community investing and the powerful impact it can have on communities around the world.

Dorigen holds a JD from the University of Washington and a bachelor of arts from Washington University in St. Louis. She lives in Washington, D.C., with her husband, Jon. She can frequently be found cross-country or downhill skiing, hiking, tap dancing, gardening, and playing ultimate frisbee.

Steve Lehman, Equity Analyst

Steve has more than 25 years of investment experience, first in managing portfolios for individuals at a major Chicago bank, and later managing a global mutual fund in Pittsburgh that at its peak had $3 billion in assets. A graduate of Ripon College in Wisconsin, Steve majored in economics and earned magna cum laude and Phi Beta Kappa distinction. He later received a master’s in public policy studies from the University of Chicago. Before entering the investment field, he worked on Capitol Hill for Tom Harkin of Iowa. Steve holds a Chartered Financial Analyst designation from the CFA Institute.

Steve and his family moved to the Upper Valley in 2012. In his free time, Steve enjoys gardening, biking, cross-country skiing, tennis, and hiking. Most of all, he and his wife, Nancy, love their old house and life in Vermont.

Karin Chamberlain, Impact and Community Investment Analyst

Karin oversees the research and implementation of Clean Yield’s private placement and community investment initiatives focusing on food and agriculture.

Karin started her career in sustainable investing in 1997 as a social research intern at Trillium Asset Management while pursuing her masters in economics and environmental policy at The Fletcher School at Tufts University. After graduation she spent 10 years with KLD Research & Analytics, where during her tenure as index manager the number of sustainability indices grew from 2 to more than 30, and the assets under management licensed to those indices increased ten-fold to over $11 billion. Prior to joining Clean Yield in 2013, Karin worked as an independent consultant.

From 1994 to 1997 Karin served as an agriculture volunteer with the U.S. Peace Corps in Ecuador. She holds a B.A. in international relations from Kenyon College and is trilingual in English, Spanish and German and speaks just enough Quichua to get herself into trouble at a fiesta.

Having grown up on an organic sheep farm in Etna, New Hampshire, Karin is thrilled to be back in the Upper Valley. A high-energy person, Karin spends her free time training for ultra-distance inline skating and bicycle races to make sure she can sit still long enough to get her office work done.

Walter Fullerton, Operations and Client Services Manager

Walter joined Clean Yield in January of 2017 as Operations and Client Services Manager. Previously he was a vice president and account administration supervisor at Eaton Vance Management in Boston for more than 10 years.

At Eaton Vance, Walter oversaw a team of seven who were responsible for all administration functions in the investment operations group.

Walter is a recent transplant to the Northeast Kingdom of Vermont, where he loves the escape from the hustle and bustle of his previous city life. He and his partner Shawn, a middle grade and young adult author, live in Danville with their four children. He holds a B.A. in broadcast journalism from Emerson College.

Molly Betournay, Director of Social Research and Shareholder Advocacy

Molly leads Clean Yield’s sustainability research and shareholder engagement efforts.

She joined the team in 2017, building on her 13 years of experience in the SRI industry. Molly started her career in sustainability research at Pax World Management Corp where she evaluated companies on ESG criteria for inclusion in the firm’s funds and engaged with companies around the issues of gender equity and sustainability reporting. Molly then joined EIRIS, an ESG research provider, where she oversaw a team of analysts covering the ESG profiles of US companies. Most recently, Molly served as the Director of ESG and Impact Investing at Pathstone Federal Street where she led due diligence on ESG and impact strategies across asset classes.

Molly holds a BA in Linguistics from the University of New Hampshire and an MBA from the Paul College of Business and Economics at the University of New Hampshire.

When not deep in sustainability research, Molly likes to spend her time outside. She can often be found out on a run or with her husband and two young children splashing in rivers, looking for frogs, or telemark skiing. While she has enjoyed living by the ocean in New Hampshire’s Seacoast for many years, she is looking forward to trading her surf board for hiking boots as a newcomer to the Upper Valley.