USM Foundation

Stuart Silberg

Retired CFO, C Mart Inc.

Silberg began his career at Black & Decker while still in college, rising to the position of divisional controller, which he held from 1966 to 1977. In 1971, Silberg’s brother-in-law started C-Mart, a retail outlet for designer clothing, furniture, housewares and more that became a legendary Baltimore institution. Silberg joined this growing family business as vice president and CFO six years after it started. As CFO and executive vice president for the company, Silberg put in about 70 hours a week helping build the business and ensuring his family’s financial future. In his ‘spare time’ he also taught day and evening classes on entrepreneurship at the University of Maryland, Baltimore County for 25 years.

After his father passed away four months after an advanced prostate cancer diagnosis, Silberg began to make changes in his life that included retiring young from an active business to make more time for his family and for giving back to his community. Silberg fully retired in 1994 and shortly thereafter became deeply involved in his alma mater, the University of Baltimore. Silberg also served as Vice Chairman at the University of Maryland St. Joseph Medical Center from 2014 to 2023 and has participated on the University of Maryland Medical School Investment Sub-Committee for the past 6 years.

Silberg earned his BS in Accounting from the University of Baltimore in 1971 and his MSA in Financial Management from George Washington University in 1976. Both degrees were earned in the evening while employed at Black & Decker.

Stu has been married to his wife, Faye, for 56 years and together they have 3 children and 7 grandchildren. Six of their grandchildren are currently attending college, with the oldest grandson graduating in May 2023 from Wisconsin. Their youngest grandchild attends the Carver High School for Arts and Technology as a sophomore. Stu’s family is one of the greatest joys in his life.

Stuart Silberg

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