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| The RRE Senior Advisors
are an extraordinary group of senior executives,
entrepreneurs, investors, academics, and government
leaders. They have each chosen to become affiliated
with RRE and our portfolio companies because of
their interest in entrepreneurship, technology,
and venture capital. |
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| Retired Chairman & CEO, Honeywell; Former Chairman & CEO, AlliedSignal |
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| Chairman & CEO, Cisneros Group |
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| Retired Vice Chairman, JP Morgan Chase; Former Chairman & CEO, Bank of America; Managing Director & Senior Advisor, Warburg Pincus |
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| Vice Chairman, Lazard International ; Former Vice Chairman, MacAndrews & Forbes; Former Chairman, WeddingChannel.com |
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| Retired Chairman & Chief Executive Officer, First Data Corporation |
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| Senior Partner, Skadden Arps Slate Meagher & Flom |
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| Managing Member, EXOP Capital LLC; Former Vice Chairman, CIBC World Markets; Former President and Co-Chief Executive Officer, Oppenheimer & Co. |
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| Chairman, EDS; Former Chairman & CEO, CBS Corporation |
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| Chairman & CEO, Ogilvy & Mather Worldwide |
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| Former Chairman & CEO, Novell |
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| Co-Chairman & CEO, Nuclear Threat Initiative (NTI); Former US Senator from Georgia |
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| Chairman Finance Department, Harvard Business School |
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| Co-Founder & CEO, Reservoir Capital Group; Former President of Ziff Brothers Investments |
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| Founder, ZelnickMedia; former President & CEO, BMG Entertainment |
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Mr. Bossidy is the retired Chairman and CEO of Honeywell, which merged with AlliedSignal in 1999. He became CEO of AlliedSignal in July 1991 and Chairman of the Board in January 1992. He previously served in a number of executive and financial positions with GE, including COO of GE Credit Corporation (now GE Capital Corporation) from 1979 to 1981, Executive Vice President and Sector Executive of GE's Services and Materials Sector from 1981 to 1984, Vice Chairman and Executive Officer from 1984 until he left the Company and a member of the Board of Directors for the seven years ended July 1991. Mr. Bossidy graduated from Colgate University in 1957 with a BA degree in economics. He is a member of the Board of Directors of JP MorganChase, Merck & Company and Berkshire Hills Bancorp Inc, as well as an advisor to Aurora Capital Group, a leverage buyout firm.
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Gustavo A. Cisneros is the Chairman and Chief Executive Officer of the Cisneros Group of Companies, one of the largest privately held media, entertainment, technology, and consumer products organizations in the world. As Chairman and Chief Executive Officer since 1968, Gustavo Cisneros has dedicated himself to both the strategic development of the Cisneros Group and the overall advancement of the region. His leadership—which includes co-founding the Fundación Cisneros with his wife, Patricia Phelps de Cisneros, and his brother Ricardo—has helped to enhance Latin America’s profile on the global stage, cultivate new industries, promote the principles of democracy and individual liberty, increase access to information, improve education and advance technological growth. Gustavo Cisneros is a member of the Board of Directors of Univision Communications, Inc., Barrick Gold Corporation, and Pueblo International, LLC. He is also a member of the International Advisory Board of Barrick Gold Corporation. He is on the Board of Advisors for the International Advisory Board of the Council on Foreign Relations, the Chairman’s International Advisory Council of The Americas Society, the Board of Overseers of the International Center for Economic Growth, the Chairman’s Council of The Museum of Modern Art, the Board of Trustees and International Museum Council of The Museum of Television & Radio, and the Board of Directors for the International Council of the International Academy of Television Arts and Sciences. He also serves on advisory boards at some of the most prestigious universities in the United States, including Columbia University, Harvard University, and the University of Pennsylvania. Gustavo Cisneros received a Bachelor of Science degree in Business Administration from Babson College, in Wellesley, Massachusetts.
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Mr. Coulter, 58, serves as Managing Director and Senior Advisor at Warburg Pincus, focusing on the firm’s financial services practice. Mr. Coulter retired in September 2005 as vice chairman of J.P. Morgan Chase & Co. He previously served as Executive Chairman of its investment bank, asset and wealth management, and private equity businesses. Mr. Coulter was a member of the firm’s three person Office of the Chairman and also its Executive Committee. Prior this assignment, from July 2000 to May 2002, Mr. Coulter ran Chase’s consumer finance, middle market and internet divisions. This was during a time of significant change in the U.S retail business and led to a revitalization of these activities in Chase. Mr. Coulter came to Chase via its July 2000 acquisition of The Beacon Group, a small merchant banking operation. Before joining The Beacon Group, Mr. Coulter was the Chairman and Chief Executive Officer of the BankAmerica Corporation and Bank of America NT & SA. His career at Bank of America was from 1976 to 1998 and covered a wide range of banking activities. He is a Director of PG&E Corporation, the Strayer Corporation, First Data Corporation and The Irvine Company. He also serves on the boards of the following non-profits: The San Francisco Art Institute, the Asia Society and the National Mentoring Partnership. At various times in his career, he has been a member of: the Bankers Roundtable, the California Business Roundtable, the Business Council, the Singapore-U.S. Business Council, the Bretton Woods Committee, the Federal Reserve International Capital Markets Advisory Committee, and the International Monetary Conference. He has also been a Trustee of Carnegie Mellon University and a member of the board of the Public Policy Institute of California. He received both his B.S. and his M.S. from Carnegie Mellon University.
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Mr. Drapkin is Vice Chairman, Lazard International and Chairman of Lazard’s Investment Committee. Previously, Mr. Drapkin served as Vice Chairman and a Director of MacAndrews & Forbes Holdings Inc. and various affiliates and was Chairman of WeddingChannel.com, an RRE portfolio company. He began his career as an attorney with Cravath, Swaine and Moore before moving to Skadden Arps Slate Meagher & Flom where he became a partner. In addition to his business interests, Mr. Drapkin is involved in a wide range of public causes, serving as the Chairman of the Executive Committee of the Columbia Law School Capital Campaign and on the Board of Trustees of Brandeis University and Englewood Hospital and Medical Center and on the Board of Directors of the Federal Enforcement Homeland Security Foundation, Federal Law Enforcement Foundation, the Jewish Community Center on the Palisades, Lincoln Center Theater and Phoenix House Foundation.
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Henry C. (Ric) Duques is the retired Chairman & Chief Executive Officer of First Data, returning to the helm of the company in November 2005. Duques joined the First Data board of directors in 1989. Duques served as First Data Chairman and Chief Executive Officer from 1992, when the company became independent from American Express, until January 2002 and remained chairman of the Board until January 2003. Duques formerly served as President and Chief Executive Officer of the Data Based Services Group at American Express Travel Related Services Co. Inc., which he joined in 1987. Prior to joining American Express, Duques was group president of financial services for Automatic Data Processing. He is a Director of Unisys Corporation and Northern Trust of Florida, and is on the board of trustees for The George Washington University
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Mr. Flom is the Senior Partner at Skadden Arps Slate Meagher & Flom, LLP. He currently sits on the board of the Warnaco Group and is a trustee of the Mt. Sinai-NYU Medical Center Health System. Among his other affiliations are: The Archdiocesan Task Force on Crime Prevention and Youth, the NYC Holocaust Memorial Commission, the Mayor's Council of Economic Affairs, the NYC Commission on the Bicentennial of the U.S. Constitution, the NYC Board of Education's Capital Task Force on Financing and Construction, and the NYC Commission on the Status of Women. He has served as a Director of the United Way of NYC and the America-Israel Friendship League.
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Nathan Gantcher recently joined EXOP Capital LLC as a Managing Member. He is the former Vice Chairman of CIBC World Markets Corporation, the U.S. Section broker/dealer of Canadian Imperial Bank of Commerce (CIBC). CIBC acquired Oppenheimer & Company in November 1997. Mr. Gantcher had been with Oppenheimer since 1968 and served as its President and Co-Chief Executive Officer from 1983 until the firm was acquired in 1997. In 2003, Mr. Gantcher retired as Chairman of the Board of Trustees of Tufts University where he had been a member since 1983 and Chairman for the last eight years. He is also a member of the Board of Overseers at Columbia Business School. He is a member of the Council on Foreign Relations, a director of Mack-Cali Realty Corporation, Refco, CharterMac, and NDS. Mr. Gantcher is a member of the steering committee of the Wall Street division of the U.J.A., a past Director of the Jewish Communal Fund, and a Trustee of the Anti-Defamation League Foundation. Mr. Gantcher received a B.A. from Tufts University and an MBA from Columbia University.
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Chairman of the Board Michael H. Jordan joined EDS in March 2003. He served as EDS chairman and chief executive officer until August 31, 2007. In his role as chairman, Jordan leads the EDS Board of Directors, serves as an executive officer of the company and provides counsel on a wide variety of issues, both strategic and operational. Jordan is the retired chairman and chief executive officer of CBS Corporation (formerly Westinghouse Electric Corporation). Before joining Westinghouse, Jordan was a partner with Clayton, Dubilier and Rice, one of the oldest and most respected private investment firms in the world. Before that, he spent 18 years with PepsiCo, Inc. During this time, he served in numerous senior executive positions, including CFO of PepsiCo, Inc. and president and CEO of PepsiCo WorldWide Foods, which includes Frito-Lay. From 1964 to 1974, he was a consultant and principal with McKinsey & Company. In addition to his professional and investment roles, Jordan is former chairman of the National Foreign Trade Council; a member of the Council on Foreign Relations; a trustee of The Brookings Institution; a member and former chairman of the U.S.-Japan Business Council; a member and former chairman of the United Negro College Fund; a member of The Business Council; a member of the board of trustees of the United States Council for International Business; a member of the Business Roundtable; and a member of the International Advisory Board of BritishAmerican Business Inc. He also serves on the boards of several smaller, privately held companies. Jordan received his bachelor of science degree in chemical engineering from Yale University and a master of science degree in chemical engineering from Princeton University. He subsequently served a four-year tour of duty with the U.S. Navy on the staff of Admiral Hyman Rickover.
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Ms. Lazarus has spent almost her entire career at Ogilvy & Mather Worldwide, her early years coinciding with the last active years of David Ogilvy at the agency he founded. A graduate of Smith College and an MBA graduate of Columbia Business School, Ms. Lazarus climbed the ranks at Ogilvy, from account service for such advertising clients as American Express and Unilever, into management positions with Ogilvy Direct, and then back to the advertising company ultimately serving as Head of North America. She became CEO of the worldwide company in 1996, and became Chairman in 1997. Ms. Lazarus serves on the boards of a number of business, philanthropic and academic institutions, including General Electric, Merck & Co., New York Presbyterian Hospital, and the American Museum of Natural History. She has been listed in Fortune magazine’s annual ranking of the 50 Most Powerful Women in American Business since its inception in 1998, and has been frequently honored by her peers, most recently with Columbia Business School’s Distinguished Leader in Business Award, the first woman to be so honored.
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Mr. Messman is the retired Chairman & Chief Executive Officer of Novell Corporation. He was previously Chairman and CEO of Union Pacific Resources Group. Prior to joining UPRG, Mr. Messman was Chairman & Chief Executive Officer of U.S. Pollution Control, Managing Director of Mason Best Company of Houston, an investment banking firm and simultaneously served as Chairman and CEO of Somerset House Corporation, a publishing company owned by Mason Best. Additionally, Mr. Messman was Executive Vice President, Chief Financial Officer and a Director of Warner Amex Cable Communications Inc. He was also Executive Vice President and a Director of Safeguard Scientifics and served as President and Chief Executive Officer of Novell. Mr. Messman serves on the Boards of Safeguard Scientifics, USData and RadioShack Corporation.
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Sam Nunn is co-chairman and Chief Executive Officer of the Nuclear Threat Initiative (NTI), a charitable organization working to reduce the global threats from nuclear, biological and chemical weapons. He served as a United States Senator from Georgia for 24 years (1972-1996) and is retired from the law firm of King & Spalding. Raised in the small town of Perry in middle Georgia, he attended Georgia Tech, Emory University and Emory Law School, where he graduated with honors in 1962. After active duty service in the U.S. Coast Guard, he served six years in the U.S. Coast Guard Reserve. He first entered politics as a member of the Georgia House of Representatives in 1968. During his tenure in the U.S. Senate, Senator Nunn served as chairman of the Senate Armed Services Committee and the Permanent Subcommittee on Investigations. He also served on the Intelligence and Small Business Committees. His legislative achievements include the landmark Department of Defense Reorganization Act, drafted with the late Senator Barry Goldwater, and the “Nunn-Lugar” Cooperative Threat Reduction Program, which provides assistance to Russia and the former Soviet republics for securing and destroying their excess nuclear, biological and chemical weapons. In addition to his work with NTI, Senator Nunn has continued his service in the public policy arena as a distinguished professor in the Sam Nunn School of International Affairs at Georgia Tech and as chairman of the board of the Center for Strategic and International Studies in Washington, D.C. He is a board member of the following publicly-held corporations: ChevronTexaco Corporation, The Coca-Cola Company, Dell Inc., General Electric Company, Internet Security Systems, Inc., and Scientific-Atlanta, Inc.
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Professor Perold is the George Gund Professor of Finance and Banking at the Harvard Business School. A member of the faculty since 1979, he has served as the Senior Associate Dean: Director of Faculty Recruiting, Chair of the Finance Faculty, and Director of Research. He received his Bachelor's degree from the University of the Witwatersrand, Johannesburg; and his Masters and Ph.D. degrees from Stanford University. Professor Perold’s research is focused on asset allocation policies of endowments and pension funds, the structure and evolution of the investment management industry, risk management and capital allocation within financial firms and hedge funds, short selling constraints and market efficiency, and implementation costs within investment organizations. He has authored numerous articles and case studies, and he is co-author of two books, The Global Financial System: A Functional Perspective and Cases in Financial Engineering: Studies of Applied Financial Innovation. Professor Perold is a founder and Chair of the Investment Committee of HighVista Strategies, a firm that specializes in the management of broadly diversified portfolios of marketable and alternative asset classes. He has been a consultant to a number of financial institutions and investment firms, and he has served as a director, trustee and advisory board member of a variety of investment and other organizations. He is presently a director of The Vanguard Group and Board Chairman of Unx. He serves on the advisory boards of FIA Timber Partners, First Quadrant and The Rock Creek Group. Professor Perold is also on the editorial board of the Financial Analysts Journal.
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Terry S. Semel is the chairman of Yahoo!'s board of directors and has served in this role since 2001. Previously, Semel served as the CEO of Yahoo! Inc. from 2001-2007 and was responsible for increasing the company's revenue nearly nine-fold as well as creating $30 billion in shareholder value during his tenure. He also helped to build its industry-leading audience from 170 million users in 2001 to more than 500 million users in 2007, and significantly expanded its strong and talented employee base. Prior to Yahoo! Inc., Semel spent 24 years at Warner Bros., most noted for his role as chairman and co-chief executive officer where he and his partner, Robert Daly, helped build Warner Bros. into one of the world's largest and most creative media and entertainment enterprises. Semel is credited with building Warner Bros. from a single revenue source generating less than $1 billion to nearly $11 billion total revenues from multiple, diverse businesses in 50 countries. Prior to Warner Bros., Semel was in charge of Walt Disney's Theatrical Distribution division and previously in charge of CBS' Theatrical Distribution division. Semel is currently on the Board of Directors of Polo Ralph Lauren Corporation, the Guggenheim Museum, The Paley Center for Media, Emerson College, and the Los Angeles County Museum of Art.
In 2005, Semel was granted the UCLA Medal, which is the highest honor bestowed by the university, and the Yale Legends in Leadership Award.
Semel holds a Bachelor of Science degree from Long Island University and an honorary doctor of humane letters degree from Emerson.
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Mr. Stern is co-founder and CEO of Reservoir Capital Group, a New York based investment management firm that specializes in the management of opportunistic funds on behalf of its family office, endowment, and pension fund Limited Partners. From 1992 to 1997 he was President of Ziff Brothers Investments, a private investment advisory firm. He previously served as Managing Director of William A. M. Burden & Co. and an Associate at Bass Brothers Enterprises. Mr. Stern has participated in the formation of numerous asset management firms including HBK Investments, Och Ziff Capital Management, K Capital, SAB Capital Management, Starwood Capital Group, Glenhill Capital, Ellington Capital Management and Anchorage Capital Management, among others. Mr. Stern is President of the Lincoln Center Film Society. He is a trustee of the Mt. Sinai Medical Center, Educational Broadcasting Corporation (PBS Channel 13), The City Parks Foundation, and several other non-profit organizations. He is a graduate of Harvard College and Harvard Business School.
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Mr. Zelnick is a recognized leader in the media and entertainment business, having held top executive positions in the recorded music, television, video, motion picture and entertainment software industries. In 2001 Mr. Zelnick founded ZelnickMedia, which invests in traditional and new media and entertainment companies and provides general management and financial advisory services to its portfolio companies. Among ZelnickMedia’s companies is the recorded music company Nippon Columbia Co, Ltd., of which ZelnickMedia recently took control in association with Ripplewood Holdings Japan and Mr. Zelnick was elected Chairman. Previously, Mr. Zelnick served as President and Chief Executive Officer of BMG Entertainment, where he managed one of the world’s largest music and entertainment companies with more than 200 record labels and operations in 54 countries, as well as one of the leading music publishing companies and the world’s largest music club. As the $4.7 billion music division of Bertelsmann AG, BMG’s record labels include Arista Records, RCA Records and J Records and is home to such worldwide superstars as Whitney Houston, Annie Lennox, Christina Aguilera, Eros Ramazzotti, Sean “PDiddy” Combs, Santana, Sarah McLachlan, Kenny G, TLC, Dave Matthews Band and Toni Braxton, among many others. While at the helm of BMG, Mr. Zelnick guided the company to record revenues and profits and became a leading voice for the music industry. As an early and outspoken champion of the need to embrace the new media revolution, he pushed BMG to the entertainment industry’s cutting edge in terms of its own online activities and adoption of new technologies. Mr. Zelnick’s leadership also extended to issues of cultural and political importance to the industry, specifically on youth and violence. In September 2000 he testified on the subject before the United States Senate Committee on Commerce. Prior to being appointed President and CEO of BMG Entertainment, Mr. Zelnick held the same title at the company’s North American business unit from 1994 to 1998. Under his leadership, that division achieved an all-time high U.S. album share of 19.6% as well as record revenues of $2 billion for 1999. Previously, Mr. Zelnick was President and Chief Executive Officer of Crystal Dynamics, a leading producer and distributor of interactive entertainment software. Prior to that, he worked for four years as President and Chief Operating Officer of 20th Century Fox and spent the three previous years at Vestron Inc., the leading independent motion picture producer and distributor at the time, as a senior executive before rising to the position of President and Chief Operating Officer. He began his career in the entertainment industry as an executive in the International Television Division at Columbia Pictures. Currently Mr. Zelnick serves on the boards of Insignia Financial Group, Inc., Carver Bancorp, Inc., UGO Networks Inc., and On2.com. In addition, Mr. Zelnick serves on the Boards of Trustees of Wesleyan University and WNYC. He holds an MBA and a J.D. from Harvard University and a B.A. from Wesleyan University.
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