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Randy Lerner

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Randy Lerner is the owner of the Cleveland Browns franchise in the National Football League. He became owner of the franchise in October 2002, following the death of his father, Al Lerner, and serves as a member of the league's Business Ventures Committee.

Lerner graduated from Columbia University in 1984, spending 1983 at Clare College in Cambridge, England. He later graduated from Columbia Law School and is currently a member of the New York State and District of Columbia Bar Associations.

Lerner's business career began at the Progressive Corporation as an investment analyst. In 1991, he started an independent investment firm with Progress capital called Securities Advisors, Inc. (SAI), which he owned and managed until 2001. SAI initially specialized in arbitrage before shifting its focus to equity investing.

In 1993, Lerner became a director of MBNA before becoming chairman following the death of his father.