Richard Burt serves as executive chairman of Diligence, a business intelligence and risk advisory services firm based in Washington, New York, London, Berlin, Brussels, Moscow, and Miami. He also serves as a senior advisor to the Carlyle Group, a private equity investment firm and is on the Board of Directors of IISS-US.
In addition to his position at Diligence, Mr Burt serves on the Board of Deutsche Bank’s closed-end fund group and on the Board of International Games Technology (IGT), the largest gaming machine manufacturer in the world. He is also a trustee of the UBS family of mutual funds (New York board). In addition, he is a member of the Textron Corporation’s International Advisory Council and the Alfa Bank’s Senior Advisory Board in Moscow.
From 1992 to 1995, Mr Burt was a partner with McKinsey & Company, the global management consulting firm. Mr Burt came to McKinsey after successfully concluding a nuclear arms treaty as the U.S. Chief Negotiator in the Strategic Arms Reduction Talks with the Former Soviet Union.
Prior to this assignment, Mr Burt was U.S. Ambassador to the Federal Republic of Germany from 1985 to 1989. Before Mr Burt served in Germany, he worked at the State Department as Assistant Secretary of State for European and Canadian Affairs, 1983 to 1985. From 1981 to 1983, Mr Burt was the Director of Politico-Military Affairs in the Department of State.
From 1977 to 1980, Mr Burt worked in Washington as the national security correspondent for The New York Times. From 1973 to 1977, he worked for the International Institute for Strategic Studies (IISS) in London, first as a research associate and then as Assistant Director.
Mr Burt also serves as a senior adviser to the Center for Strategic and International Studies and is a member of the Council on Foreign Relations.
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