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Barry Bannister joined the Stifel Nicolaus Research Team in connection with Stifel's acquisition of Legg Mason's Capital Markets Group in December of 2005. Mr. Bannister provides investment research to financial institutions globally in the areas of engineering, machinery, and associated strategy related to commodity markets served by companies in those industries. Prior to joining Legg Mason in 1998, he was a senior analyst providing North American machinery industry coverage and later co-head of U.S. equity research in the New York office of the UK investment bank S.G. Warburg & Company (now part of UBS) from 1992 to 1998. Prior to that, he served as a senior equity analyst for the buy-side firm FTIM/Highland Capital Management from 1990 to 1992, and before that as an equity analyst for the mutual funds and trusts of AmSouth Investment Management (now Regions Financial) from 1987 to 1990. He is a five-time winner of the Wall Street Journal All-Star Analyst award, three-time winner of the Forbes Magazine/Financial Times/StarMine top analyst award, Top-10 U.S. Stock Pick analyst for CNBC/Zacks, and three-time Institutional Investor magazine All Star Analyst (2007, 2008 and 2009). Mr. Bannister holds a B.A. from Emory College and an M.B.A. from Emory University School of Business Administration. He has held a CFA designation since 1991.