Managing Director, MentorTech Ventures
Over 30 year career as entrepreneur and investor with significant expertise in company formation around business school concepts, software development, capital raising, strategic alliances and joint ventures, financial reporting and tax issues, executive compensation, employment matters and copyright law.
Founding shareholder and/or co-founder of 5 successful software companies, 2 were acquired by public entities, 2 by private investors, 1 has NYSE-listed corporate investor. Investor in 2 additional software companies, 1 was acquired by public company, 1 had successful IPO.
Co-founder, CFO, EVP & Board Member of SMG, Inc., a $28M simulation software company, named three times to “Inc. 500” fastest growing companies list. Board Member of Neat Company, Ticketleap, NeuroDX, EyeIC, DietTV, AllSeniorHomes, Soft Tissue Regeneration. Management Advisor/Mentor at Bioconnect, Merchant Circle, Yodle, Diapers.com
Board, Executive and Investment Committee Member for 20+ years, Ben Franklin Technology Partners of Southeastern Pennsylvania. Broad business school alumni network amassed over 25-year teaching career at Wharton.
Thomas M. Balderston
President, Balderston Capital, LLC
Tom Balderston has been building and managing venture capital portfolios for 25 years, as a general partner, limited partner and angel investor in companies and funds.
Tom formed Balderston Capital, Radnor, PA, in 2001, and has developed a growing focus on angel investments in emerging companies in the environmental and social impact space. He is on the Board of Investors Circle, a national angel network of socially responsible investors, www.investorscircle.net, and recently became a partner in its affiliated angel funds, the Patient Capital Collaborative. In addition to investing in and advising companies, he has invested in, and advised venture and private equity funds.
Tom also served from July, 2006 to June 2009 as President and CEO of the Mid-Atlantic Capital Alliance, (now called Greater Philadelphia Alliance for Capital and Technologies), www.philadelphiapact.com , the regional venture community association in the Greater Philadelphia area.
Prior to founding Balderston Capital, Tom was President of SGI Capital, the private equity investment unit of Superior Group, a family-owned holding company. Balderston also worked with TDH Group from 1985-1998 where he was a General Partner of its TDH III, L.P. venture fund and Co-founder of its management company. After graduating from Williams in 1978, Tom worked for Bank of Boston, in middle-market lending first in Boston and then in Los Angeles.
Balderston holds an M.B.A. from the UCLA Graduate School of Management with a concentration in Finance and a B.A. from Williams College.
He serves on numerous private company Boards and fund advisory committees and is active on a number of community Boards as well. Currently, in addition to Investors Circle, he serves on the Board of Ben Franklin Technology Partners of Southeastern PA, and is a member of the Executive & Finance Committee. Balderston is also a member of the Board of the Shipley School and a member of its Finance Committee. Tom has been an active volunteer at Williams College, joining its Board of Trustees in October, 2010. Previously, he served on the Executive Committee of the Society of Alumni from 1996-1999 and as Chair of the Alumni Fund from 2003-2005.
Tom and his wife Betsy and their three sons live in Ardmore, PA.
Joseph Bordogna, Ph.D.
Professor and Dean Emeritus School of Engineering and Applied Science, University of Pennsylvania & (Former) Deputy Director & Chief Operating Officer, NSF
Joseph Bordogna is Alfred Fitler Moore Professor of Engineering at the University of Pennsylvania where he served also as Director of The Moore School of Electrical Engineering, and Dean of the School of Engineering and Applied Science. His career includes experience as an officer in the U.S. Navy, an engineer in industry, a member of the team that developed the Commonwealth of Pennsylvania’s Ben Franklin Technology Partners (BFTP) instrument for stimulating entrepreneurial potential, a Presidential Appointee in the federal government, and worldwide President of the Institute of Electrical and Electronics Engineers (IEEE).
From 1991 to 2005, he served at the U.S. National Science Foundation (NSF), first as head of the Directorate for Engineering, then appointed by the President as Deputy Director and Chief Operating Officer of NSF. Complementary to these tasks he was a member of the President’s Management Council and chaired committees on Manufacturing, Environmental Technologies, and Automotive Technologies in the President’s National Science and Technology Council (NSTC).
He has made contributions to the engineering profession in a variety of areas including optical and radio communications, electro-optic recording materials, holographic video playback systems, educational innovation, and management of technological innovation. He led at Penn the creation of a liberal arts degree in an engineering school and an undergraduate management and technology dual-degree program between the Engineering School and Wharton Business School focused on graduating private sector entrepreneurs.
Among his recognitions, he was awarded a commendation as Operations Officer of the Flagship of the naval unit which achieved the world’s first space capsule recovery, was a member of the team that built the first semiconductor laser voice communication system that operated at room temperature, and a plateau in Antarctica is named Bordogna Plateau in recognition of his NSF Antarctic activities.
He graduated from John Bartram Public High School in Philadelphia and holds B.S.E.E. and Ph.D. degrees from the University of Pennsylvania, the S.M. degree from the Massachusetts Institute of Technology, and honorary doctorate degrees in engineering, science, humanities, and humane letters.
NSF speeches archived at http://www.nsf.gov/bordogna.
Alan J. Cohn
BFTP/SEP Treasurer & Finance Committee Chair
Co-Founder & Co-President, Sage Financial Group
Alan is a Founder and President of Sage Financial Group, Sage Real Estate Group, Cohn Management Group, Sage Online, and is co-author of “The Sage Guide to Mutual Funds”.
Sage Financial Group is an Investment Management and Wealth Management firm, founded in 1989. Sage Real Estate Group is a Real Estate investment firm, founded in 2001. Cohn Management Group is a Private Equity investment firm, founded in 2002. Sage Online was a web based Investment Research company, founded in 1995. The Sage Guide to Mutual Funds was published by Harper Collins in 2000.
Alan has been named one of the most influential people in the investment world by The Wall Street Journal and SmartMoney Magazine. He has been quoted in Money Magazine, Kiplinger’s Personal Finance, The New York Times. Additionally, Alan was named one of the top 40 business leaders under the age of 40 in the Philadelphia Area by the Philadelphia Business Journal, and was recognized by Philadelphia Magazine as one of “100 People to Watch.”
Alan is a Certified Financial Planner. He graduated magna cum laude from the University of Delaware with a BS in Finance. He attended Temple University Law School and Wharton Graduate Business School at the University of Pennsylvania.
Alan is active in many civic associations and serves on the board of Ben Franklin Technology Partners. He resides in Penn Valley with his wife, Darlene, and four children.
Michael F. Cola
Michael Cola has more than 25 years of international pharmaceutical industry experience. He has served in leadership roles in product development and commercialization, mergers and consolidations, and general management.
In September 2013, Mr. Cola was appointed to President and Chief Executive Officer of Medgenics, a developer of a novel technology for the sustained production and delivery of therapeutic proteins in patients using their own tissue.
Prior to joining Medgenics, Mr. Cola served as President of Specialty Pharmaceuticals at Shire plc, a global specialty pharmaceutical company, from 2007 until April 2012. He joined Shire in 2005 as EVP of Global Therapeutic Business Units and Portfolio Management. Prior to joining Shire, he was with Safeguard Scientifics, Inc., a growth capital provider to life sciences and technology companies, where he served as President of the Life Sciences Group. While at Safeguard, Mr. Cola served as Chairman and CEO of Clarient, Inc., a cancer diagnostics company subsequently acquired by GE Healthcare, and as Chairman of Laureate Pharma, Inc., a full-service contract manufacturing organization serving research-based biologics companies. Prior to Safeguard Scientifics, Mr. Cola held senior positions in product development and commercialization at AstraMerck, a top 20 U.S. pharmaceutical company, and at AstraZeneca, a global biopharmaceutical company.
Mr. Cola received a B.A. in biology and physics from Ursinus College and an M.S. in biomedical science from Drexel University. He serves on the Board of Directors of Vanda Pharmaceuticals Inc., NuPathe Inc. and Pennsylvania BIO, the statewide association representing the bioscience community. He also currently serves as Chairman of the Board of Governors of the Boys & Girls Clubs of Philadelphia.
Vice Chairman, NorthMarq Advisors, Inc.
Mr. D’Alessio joined NorthMarq Capital in September 2003 when NorthMarq acquired the mortgage banking division of Legg Mason Real Estate Services (LMRES) where he was employed since 1982. Mr. D’Alessio is currently Vice Chairman of NorthMarq Capital and a member of NorthMarq’s Board of Directors. He is also President of NorthMarq’s real estate consulting group, NorthMarq Corporate Solutions. At LMRES, Mr. D’Alessio was Chairman and CEO. Mr. D’Alessio chaired the LMRES Executive Management and Executive Staff Committees, and was a member of the LMRES Debt and Equity Investment Committees.
Mr. D’Alessio has over forty five years experience in planning, developing, financing, and managing major real estate projects in Philadelphia, including 12 years as Executive Director of the Philadelphia Redevelopment Authority, and 10 years as the Executive Vice President of the Philadelphia Industrial Development Corporation.
Mr. D’Alessio is a member and an officer of several national professional associations including the National Association of Housing & Redevelopment Officials, the Counselors of Real Estate and the National Council for Urban Economic Development. He is an active board member and officer of several corporations and a member of several Philadelphia institutions and civic groups, and he has taught courses at the University of Pennsylvania for over 20 years. He has served in an advisory capacity to the Business School of Temple University and the Department of City and Regional Planning of the University of Illinois. He also received an Honorary Doctor of Science Degree from Drexel University in 2007.
Mr. D’Alessio has been recognized both locally and nationally for his various achievements. He received the Edward deLuca Memorial Award from the National Council for Urban Economic Development, the Citizen of the Year Award from the American Red Cross, the Thomas E. Cahill Leadership Award from Roman Catholic High School, the Business Leader of the Year from the Society of Industrial and Office Realtors and the William Penn Award of the Greater Philadelphia Chamber of Commerce and Penjerdel.
Mr. D’Alessio holds a B.S. degree in Landscape Architecture from Pennsylvania State University and an M.S. in City Planning from the University of Illinois.
Richard S. Egosi
Group Executive Vice President, Chief Legal Officer & Company Secretary,
Richard S. Egosi is the Executive Vice President, Chief Legal Officer and Company Secretary for Teva Pharmaceuticals, a multinational pharmaceutical company. Mr. Egosi is a member of the Teva Executive Committee and oversees the legal, compliance, intellectual property and public policy functions for Teva. He has worked both domestically and abroad for Teva Pharmaceuticals since 1995 holding his current position since 2010, and as Sr. Vice President and General Counsel of the Americas from 2000 to 2010. Prior to joining Teva Pharmaceuticals, Mr. Egosi was in private practice in Atlanta, Georgia, specializing in both corporate law and general litigation from 1988 to 1994.
Mr. Egosi is a member of numerous trade associations and local non-profit organizations in both Pennsylvania and New York and is a general partner in several real estate and commercial business ventures.
Mr. Egosi is a 1984 cum laude graduate of Clemson University, South Carolina, with a BS in Economics and a 1988 graduate of Emory University, Atlanta, Georgia, with an MBA and JD degree, earning the distinction of The Order of the Coif and served as a member of the Emory Law Review.
Executive Partner, Paradigm Associates
Janice Giannini is a executive partner for Paradigm Associates, LLC, a premier management consulting firm. With mastery at the intersection of IT and business strategy, consultant, board adviser and former C-suite executive, Giannini has been harnessing the power of IT for more than 30 years. The development of Giannini’s IT intelligence is rooted in extensive experience that includes creating a strategic plan for the office CIO, a holistic risk-and-reward framework for turnaround business strategy, a technology strategy for investment allocation and briefing a technology committee. Her career with NYSE listed companies includes General Electric, Lockheed Martin and Arbitron.
Michael J. Heller
BFTP/SEP Corporate Secretary & Governance Committee Chair
President & CEO, Cozen O’Connor
Michael J. Heller is CEO of Cozen O’Connor. Michael joined Cozen O’Connor in 1994, having previously practiced at Wolf, Block, Schorr and Solis-Cohen.
Michael’s practice is devoted to representing and counseling entrepreneurs and emerging growth companies in all industries from the formation and business planning stage to forming, structuring and negotiating joint ventures and strategic alliances, technology licensing, transfer and development, negotiating and structuring all types of angel, venture and other capital-raising transactions, mergers and acquisitions, initial public offerings and beyond. An important element of Michael’s practice is making the necessary introductions to assist his clients in raising capital and finding joint venture partners. Michael also focuses his practice on representing venture capital funds and angel investor groups in all forms of equity and debt capital-raising transactions. He was named a Pennsylvania “Super Lawyer” by Law & Politics.
Michael is a frequent speaker on venture capital and entrepreneurism in the Mid-Atlantic Region and is frequently quoted in local, regional, and national publications on the subject. He is a member of the board of directors of the Greater Philadelphia Venture Group, Ben Franklin Technology Partners of Southeastern Pennsylvania and the Entrepreneur’s Forum of Philadelphia, Inc. He is also on the advisory committee for the University City Science Center’s Port of Technology.
Michael received his undergraduate degree in 1986, summa cum laude, from The Pennsylvania State University, and his law degree in 1989, magna cum laude, from Villanova University, where he was a law review editor and a member of the Order of the Coif.
Osagie O. Imasogie, Esq.
Senior Managing Partner, Phoenix IP Ventures & Chair, Iroko Pharmaceuticals
Osagie has over 28 years of experience in the fields of law, finance and business management, healthcare and the pharmaceutical industry. Prior to co-founding Phoenix IP Ventures, an IP based Merchant Bank, Osagie conceptualized and established GlaxoSmithKline Ventures and was its founding Vice President. Osagie led GSK Ventures in concluding thirty (30) worldwide transactions, within a 3 year period, in which he invested various GSK R&D non-progressed assets into various companies and/or as the basis of starting new companies.
Prior to this role within GSK, Osagie was a Vice President for Product Development Strategy at SmithKline Beecham. Prior to this role at SmithKline, Osagie was the Founding Senior Vice President for Business Development and General Counsel at Endo Pharmaceuticals Inc., a multi-billion dollar publicly traded specialist pharmaceutical company (NASDEQ: ENDP). Osagie previously served as a DuPont Merck Vice President for International Sales and Marketing and General Counsel to DuPont Merck’s International, Manufacturing and Generic Drug Divisions. Osagie has also been a Price Waterhouse Corporate Finance Partner as well as a practicing attorney with a leading US Law Firm in the fields of corporate, corporate finance, taxation and intellectual property law.
Most recently, Osagie was the co-Founder of Trigenesis Therapeutics Inc., a biopharmaceutical company focused on developing pharmaceutical products for the dermatological market which he sold to a publicly traded pharmaceutical company. Osagie is Chairman of the Board of Directors of iCeutica Pharmaceuticals, Inc. as well as Chairman of the Board of Directors of Iroko Pharmaceuticals LLC. In addition, Osagie was a co-Founder and former Chairman of Ception Therapetutics. Inc., a biopharmaceutical company focused on the discovery and development of novel products to address unmet medical needs which was recently sold to Cephalon (NASDEQ: CEPH).
In addition, Osagie is a member of the Board of Overseers of the University of Pennsylvania Law School. Osagie is also a member of the Board of the Philadelphia Orchestra and, for six years (2000-2005), was Chairman of the Board of Trustees of the International House of Philadelphia. Osagie is also a member of the Wilson Council of the Woodrow Wilson International Center for Scholars, in addition to a number of other non-for-profit companies and institutions. Osagie also served as a Senior Consultant to the President’s Emergency Plan For Aids Relief (PEPFAR), a unique initiative by the United States Government to have a direct, positive impact in the fight against the global Aids epidemic by committing over $48 Billion and a multifaceted approach to combating HIV/AIDS.
Osagie holds post-graduate degrees from the London School of Economics and the University of Pennsylvania Law School, is a member of the New York State Bar and has been the I Grant Irey Adjunct Professor at the University of Pennsylvania Law School where he teaches a seminar on “Intellectual Property and National Economic Value Creation”.
General Partner, Battelle Ventures & Innovation Valley Partners
Kef Kasdin is a General Partner and Cofounder of New Jersey-based Battelle Ventures and its Tennessee-based affiliate fund, Innovation Valley Partners, for which she focuses primarily on investments in emerging energy and communications technologies.
Kasdin has been involved in developing and executing strategy for high-technology companies for more than 20 years. She previously worked at Sarnoff Corporation, and at 3Com Corporation, where she held various positions, including Vice President of Marketing – Desktop Products Division and Vice President & General Manager – Ethernet Products Division. She was 3Com’s first Executive in Residence – Office of the Chairman.
She is the CEO of Proterro Inc. and sits on the Boards of Directors of Aldis, Inc.; Ampulse Corp.; Planar Energy; Rajant Corp., and the National Association of Seed and Venture Funds.
Kasdin holds an MBA from Stanford University and a BSE degree in operations research from Princeton University.
Robert E. Keith, Jr
CEO, Managing Director & President, TL Ventures
Bob Keith, managing general partner of TL Ventures, is one of the co-founders of the firm and has been the chief executive officer of the management companies from the outset. His 22-year career at Fidelity Bank in Philadelphia, a leading regional commercial financial institution, saw an ever increasing level of responsibilities. He left the bank in 1989 to become a venture-capitalist, at which time he was Vice Chairman responsible for most of the bank’s commercial lending and non-banking subsidiaries. He oversaw significant growth and market expansion during his tenure as well as entry into new service markets such as investment banking, where he recruited Mark DeNino who had been an operating executive at several venture backed companies. He is a graduate of Amherst College and Temple University School of Law. He was later recognized as a distinguished alumnus by Temple University School of Law in 2004.
Bob served on the board of the National Venture Capital Association (NVCA) from 2000 to 2004. Until recently, he served as chairman of the board of Safeguard Scientifics, Inc. (NYSE: SFE) for 10 years, and helped guide the company through the challenging transition from the excesses of the late 1990s. In addition to his venture capital related work, he has remained on the board of Internet Capital Group, Inc. (NASDAQ: ICGE), a highly successful business co-founded by TL where Bob served as its Chairman from inception, that provided 92x return to TL II/TL IV.
Bob is also chairman of the board of The Reinvestment Fund, a $400 million not-for-profit community investment institution in the mid-Atlantic region, which focuses on rehabilitating neighborhoods, real estate, charter school lending, and renewable energy.
Bob is the former chairman of Ben Franklin Technology Partners of Southeastern Pennsylvania, a seed-stage financing source, funded by the Commonwealth of Pennsylvania. In addition, he was the 2008 Early Stage East Honorary Co-Chair.
Bob was awarded the Blair Thompson award for lifetime achievement in venture capital by the Greater Philadelphia Venture Capital Group in 1999.
Anil (Bob) Kothari
BFTP/SEP Corporate Development Committee Chair
Senior Vice President, Procurian
Anil Kothari is the Senior Vice President of Sales and Business Development for ICG Commerce, where over the last five years he has transformed the fledgling e-commerce/consulting firm to a market-leading business process outsourcing firm with market leadership.
Kothari began his career at ICG as the Vice President and General Manager – East Region. Previously he worked at A.T. Kearney as a Principal, leading the new business development team for the Fortune 200 data management corporation. He has also worked at WMX Technologies, Incorporated as the Manager of Government Programs.
He currently serves as a Board Member for Arthur Ashe Youth Tennis & Education, and is a Deacon at Overbrook Presbyterian Church.
Kothari received his MBA from the University of Pennsylvania’s Wharton School, his Master of Environmental Management degree from Duke University, and his BA from Franklin and Marshall College.
Kenneth G. Lawrence
(Former) Chairman, PECO Energy Company
Kenneth G. Lawrence retired on November 1, 2003 as Chairman of PECO Energy Company, which is the regulated electric and gas transmission and distribution company in Philadelphia and southeastern Pennsylvania with 1.5 million electric customers and 450,000 gas customers. The merger of PECO Energy Company and Unicom Corporation created Exelon Corporation, one of the nation’s largest electric utilities.
Lawrence previously served as Senior Vice President of Exelon and President and Chief Operating Officer of Exelon Energy Delivery. Mr. Lawrence had been with PECO for 34 years beginning in 1969 and held various leadership positions including Chief Financial Officer before taking over as President of PECO Energy in 1998. During that time PECO continued to grow profits and earnings in a market place with capped rates.
At Exelon, he was a leader in bringing together the energy delivery businesses within Exelon with $10 billion in revenue and 10,000 employees. He is a recognized leader in responding to the challenges of utility competition including the development of a comprehensive Customer Choice Program to address the challenges of deregulation in Pennsylvania. He was also responsible for the nation’s largest commitment to Automatic Meter Reading (AMR) technology as well as developing a comprehensive safety initiative that placed the company in the top tier in the country.
Mr. Lawrence is an active real estate investor and a board member of the Rosemont School of the Holy Child. He also served as a board member of the Philadelphia Orchestra until late 2008 and of Indus International, Inc. until its merger with Fortezza Iridium Holdings in early 2007. He has received numerous awards from a wide variety of civic, social service and community organizations.
Mr. Lawrence received a BS degree in Engineering from Cornell University and an MBA from Widener University. He also completed executive development programs at the Darden School of the University of Virginia and at the Massachusetts Institute of Technology. He lives in the Philadelphia area with his wife, Molly, and their family.
John A. Loftus
Managing Director, Actua Corporation
John is a Managing Director at Actua Corporation. In this capacity, he leads acquisitions of partner companies and works with entrepreneurs to build great companies.
John has over 20 years of experience as a serial entrepreneur, private equity investor and operational executive. Prior to joining Actua, John was the founder of the Swinford Group LLC a management consulting firm focused on growth strategies and turnaround situations in private equity backed and F1000 companies.
Prior to forming the Swinford Group, John was the Manager Director and Executive Vice President for all technology investments at Safeguard Scientifics, Inc (NYSE: SFE). For Safeguard, he was an active director on partner company boards, led new and follow-on investments, and multiple successful exits. As Chairman of Mantas, John led the turnaround and successful exit of Mantas to Oracle (NASDAQ: ORCL) for a hundred million dollar plus gain for Safeguard.
Prior to joining Safeguard, John co-founded Gestalt LLC which focused on software solutions for government and energy customers and successfully was sold to Accenture (NYSE:ACN). John also served as Senior Vice President of Breakaway Solutions, where he managed all strategy and consulting engagements, and was part of the senior management team that took Breakaway Solutions public. Prior to Breakaway Solutions, John was the Senior Vice President and CTO of WPL Laboratories, which earned recognition as an Inc. 500 company. Early in his career, Joh held executive positions at PECO Energy and GE.
Education: B.E.E., M.S.E.E, and M.S.C.S from Villanova University and a M.S.O.D. from the University of Pennsylvania.
President, A.M. Partners
Mr. Miron has 35 years of experience in leadership, entrepreneurships, technology, and business in the consumer electronics, multimedia, cable television, broadcast television, telecommunication and Internet industries. In 1981, Miron joined Philips Electronics in The Netherlands, and later Philips in the US. Miron developed and patented the first Picture-In-Picture (PIP) for Philips under the Magnavox brand name. In 1989 Miron was appointed development manager for TV and Video Systems. Miron developed a system to solve the problem of ghost images on TV. Subsequently, the FCC selected this Ghost Canceling System as the US standard and it won an Emmy Award. Miron led the development of the first digital High Definition TV (HDTV) system in the US. Subsequently, the FCC selected it as the US standard and it won an Emmy award.
In 1993, Miron joined General Instrument Corporation (now Motorola) as Vice President to lead advanced technology and new products for the cable TV market. In 1997, Miron left Motorola and founded MoreCom Inc. and serves as its Chairman, President and CEO. MoreCom was a software networking company, providing an integrated solution for the delivery of entertainment digital video with Internet content to the television set. Liberate Technologies acquired the privately held MoreCom, Inc. in 2000 and it was later acquired by Comcast. Mr. Miron served as its President till 2001.
Miron is the founder and President of AM Partners. Miron works with companies, entrepreneurs and Venture Capital funds to develop successful ventures. He serves on the board of The Ben Franklin Technology Partners, and is a member of the Upper Dublin School District strategic planning committee.
Mr. Miron attended the Israel Defense Forces Officers Academy and graduated first in his class. He served as Captain, and received a distinguished recognition during his service. He earned a B.Sc. in Electrical Engineering from the Technion, Israel Institute of Technology, Haifa, Israel, and an M.S.E.E. from the Polytechnic Institute of New York University, New York. He received his Professional Degree in Electrical Engineering from Columbia University, New York and he completed an executive MBA program at Babson College, Massachusetts. He received five US patents, and two Technology Emmy Awards.
Miron reside in Dresher PA and enjoy his four children: Ben (NYU ‘07) at NYU Medschool, Jon (Cornell ‘10) Environmental Engineer, Michelle (Colgate ‘13) and David (middle school).
CEO, Artisan Mobile
Bob Moul is a Philadelphia tech CEO / entrepreneur with 30 years’ experience in the hi-tech industry ranging from start-ups to Fortune 50 companies. In his latest venture, Bob is chairman and CEO of Artisan™, a developer of innovative mobile application tools and infrastructure. He is also the President of Philly Startup Leaders.
He was previously the president and CEO of Boomi, pioneers of middleware for cloud computing, which was acquired by Dell in November 2010. Previously, Bob was president of SCT’s $300mm global education solutions business which was acquired by SunGard in 2003 and he also enjoyed a 19-year career at EDS where he held senior management positions including director of EDS’ operations in Hong Kong and China, and executive director of its federal government business in Australia. Bob is an active advocate for driving tech innovation and entrepreneurship in Philadelphia. He serves on the board of directors of the Philadelphia Industrial Development Corporation (PIDC), the Philadelphia Alliance of Capital and Technology (PACT) and Ben Franklin Technology Partners of Southeastern PA. Bob graduated from the University of Maryland, University College, with a master’s degree in technology management. He is a 2007 alumnus of DC-based Mindshare and was named a 2011 Ernst & Young Entrepreneur of the Year finalist in Philadelphia.
Sashi P. Reddi
Managing Partner, SRI Capital
Sashi Reddi is a successful technology entrepreneur, business leader, and an active angel investor. Until October 2013, Sashi was VP & GM, Big Data and Analytics at CSC, responsible for building the Big Data business for CSC, reporting directly to the CEO. CSC (NYSE: CSC) is a $15 Billion IT services and consulting company.
Previously, Sashi was the founder and CEO of AppLabs, the world’s largest independent software testing company with over 2,500 QA professionals in India, the US, and the UK. AppLabs was funded by Sequoia Capital India. CSC acquired AppLabs in September 2011. Series A investors in AppLabs received a 10X return on their investment in 6 years.
A serial entrepreneur, Sashi has started three other companies prior to AppLabs. These were EZPower Systems (web content management pioneer acquired by DocuCorp, and eventually a part of Oracle), iCoop (group purchasing dotcom), and FXLabs (leading Indian game developer acquired by Foundation 9 Entertainment).
Sashi runs a $20 M seed stage venture fund, SRI Capital, that is typically the first institutional investor in various technology and media start-ups. Some of the companies in his portfolio are Glassbeam (machine log analytics for technology support), ThinCI (graphics chip design company in stealth mode), Identropy (identity as SaaS), Edutor (leading tablet based e-learning player in India), and iMomentous (mobile based talent engagement). He is also a member of the investment team at Gabriel Investments.
Sashi received his BTech in Computer Science from the IIT Delhi, an MS in Computer Science from NYU, and later a PhD from The Wharton School, University of Pennsylvania.
Sashi serves on the advisory board of Wharton Entrepreneurial Programs as well as on the board of the Pennsylvania Academy of Fine Arts (PAFA). He also runs a charitable organization, SRI Trust, that supports the educational and overall development needs of 600 children in 3 schools in India.
Charles M. Robins
BFTP/SEP Vice Chair
Managing Director, Fairmount Partners, Inc.
Mr. Robins focuses on serving emerging growth companies with strategic and financial advisory, mergers and acquisitions and private financing services in technology-related sectors including software and telecommunications. As Fairmount’s senior technology expert, Mr. Robins has over 30 years of experience as an entrepreneur, executive, strategic consultant and investment banker. Previously, he was Managing Director, co-head of Corporate Finance and led the technology practice in the U.S. for Investec Inc., an international public diversified financial services company. Mr. Robins was also a member of Investec’s commitment committee and management committee. Prior to Investec, Mr. Robins was a principal with PMG Capital where he was head of Technology Research and the Technology Investment Banking practice.
Prior to becoming an investment banker, Mr. Robins was an executive at Safeguard Scientifics, a high-technology investment firm, and was co-founder of Rabbit Software Corporation, a publicly traded pioneer that developed and marketed communications products for enterprise networks. In addition, he was president of Atlantix Corporation, a Perot Investment Group company, and managed advanced technology development for Shared Medical Systems and SEI Corporation. Mr. Robins was also co-founder of Multiple Funding Pension Inc., a developer of financial analysis software.
Mr. Robins has served on a number of public and private Boards of Directors, currently including the Greater Philadelphia Alliance for Capital and Technologies (PACT), where he also serves as lead judge of that organization’s annual Enterprise Awards, the Ben Franklin Partnership, and the Jewish Publication Society.
Mr. Robins was a Ph.D. research fellow at New York University where he also earned master’s degrees in computer science and mathematics. He graduated summa cum laude and Phi Beta Kappa from Brooklyn College and is an honorary member of Sigma Xi in sciences and Pi Mu Epsilon in mathematics. Mr. Robins has lectured in computer science and mathematics at the college level and authored a number of articles as well as published a book on computer software.
Anthony M. Santomero, Ph.D.
(Former) President, Federal Reserve Bank of Philadelphia
Anthony M. Santomero is the former President of the Federal Reserve Bank of Philadelphia. He holds the title of Richard K. Mellon Professor Emeritus of Finance at the Wharton School of the University of Pennsylvania.
Dr. Santomero serves on the Boards of Citicorp, Citibank NA, Renaissance Reinsurance Company Ltd, the Penn Mutual Life Insurance Company, and the Columbia Funds mutual fund family. At Citi, he is chair of the Risk Management and Finance Committee and the Regulatory Compliance Committees and member of the Audit and Executive Committees. At Penn Mutual, he serves on the Executive and Nominating Committees. At RenRe, he is chair of the Investments and Risk Management Committee. At Columbia, he serves on the Investment and Compliance Committees.
From 2006, he has served as a Senior Advisor in McKinsey & Company, full time from 2006 to 2008 and now on a more limited basis. In this role, he works closely with McKinsey clients and partners globally in the Financial Institutions and Risk Management Practices.
Prior to joining McKinsey, Dr. Santomero was the ninth President of the Federal Reserve Bank of Philadelphia from 2000 to 2006. As a Federal Reserve Bank president, Dr. Santomero has been a voting member of the Federal Open Market Committee (FOMC), which conducts U.S. national monetary policy by influencing the level of interest rates. While at the Fed, he also served as chair of the System’s Committee on Credit and Risk Management, and as a member of the Financial Services Policy Committee, and the Payments System Policy Advisory Committee. In addition, he was the Vice Chair of the Conference of Reserve Bank Presidents.
Before joining the Federal Reserve System, Dr. Santomero was the Richard K. Mellon Professor of Finance at the University of Pennsylvania’s Wharton School. During his 30-year tenure at Wharton, he held a number of academic and managerial positions, including Deputy Dean of the School. While at Wharton, Dr. Santomero established a reputation as a recognized consultant to major financial institutions and regulatory agencies throughout the world.
Dr. Santomero serves on the Boards of the Wharton Financial Institutions Center, the Penn Institute for Economic Research, and Ben Franklin Technology Partners of Southeastern Pennsylvania. He is also a member of the Clearing House Academic Advisory Board and the Financial Economists Roundtable. Internationally, he is Chairman of the Economic Advisory Board of the Swedish Institute for Financial Research and serves on the advisory board of the Italian Bankers Association’s European Banking Report.
Dr. Santomero received an A.B. in economics from Fordham University in 1968 and a Ph.D. in economics from Brown University in 1971. He holds an honorary doctorate from the Stockholm School of Economics in Sweden, received in 1992, and an honorary degree from the University of Rome, awarded in 2003. He also holds the title of Cavaliere della Repubblica Italiana, an honorary knighthood from the Republic of Italy conveyed in 2005. He received the Dean’s Medal from the University of Pennsylvania’s Wharton School in 1988 and was honored as recipient of the Global Interdependence Center’s 2005 Global Citizen Award.
He has written approximately 150 articles, books, and monographs on financial sector regulation and economic performance. His last two volumes are Financial Markets, Instruments, and Institutions and Challenges for Modern Central Banking.
Timothy C. Scheve
President & CEO, Janney Montgomery Scott, LLC
Timothy C. Scheve is President and Chief Executive Officer of Janney Montgomery Scott LLC.
Janney is a full-service financial services firm, providing comprehensive financial advice to individual, corporate and institutional clients.
Mr. Scheve became the President and CEO in August 2007 and has over 25 years of experience in the securities industry. Since his arrival at Janney, Mr. Scheve has assembled a leadership team that has a tremendous ability to adapt to rapidly evolving client needs and economic changes. These top professionals lead two core businesses—the Private Client Group and Capital Markets—and ensure efficient operations and administration. The Firm’s financial expertise includes Private Client Financial Advisors, experts in wealth management, and professionals in equity capital markets, research, fixed income and corporate finance.
Mr. Scheve has steered Janney’s tremendous growth and leadership by ensuring that the Firm’s professionals provide clients with an exceptional level of service and knowledgeable advice so that they may achieve their personal and business goals. Under his tenure, Janney has grown its client base, successfully expanded existing relationships, opened several new regional offices and become more actively engaged in its communities. All of these accomplishments have helped to solidify Janney as one of the strongest, leading and growing financial services firms in the industry today.
Before becoming the President and CEO of Janney, Mr. Scheve served in a variety of leadership roles at Legg Mason where he helped to define the firm’s client focus as well as their overall professional direction. He was appointed Executive Vice President of Legg Mason in 1998 and Senior Executive Vice President in 2000. In 2003, he was named President and CEO of Legg Mason’s broker-dealer, the former Legg Mason Wood Walker, Inc. (LMWW). In this role he managed a division comprised of 1,200 Financial Consultants and 120 offices with approximately $1 billion in revenue. He also managed the Firm’s Capital Markets business, consisting of institutional equity, institutional fixed income and investment banking.
After Legg Mason sold LMWW, Mr. Scheve was responsible for the integration of Citigroup’s Asset Management division into Legg Mason’s Asset Management business. During this time, he served as Chief Administrative Officer, culminating a long and distinguished career with the firm in a crucial management position responsible for a diverse spectrum of functional areas, including Finance, Corporate Technology, Operations, Mutual Fund Administration and Accounting, Legal and Compliance, Facilities and Human Resources. He was also responsible for Legg Mason’s International Asset Management business.
Prior to joining Legg Mason, Mr. Scheve served as a Senior Consultant for the Management Information Consulting Group of Price Waterhouse & Company. In this position, he conducted comprehensive financial, operational and management reviews for a variety of businesses, both in the United States and abroad.
Mr. Scheve earned a B.A., summa cum laude, from Catholic University and an A.M. in economics from Brown University. He was elected to Phi Beta Kappa in 1980.
Mr. Scheve has always used his expertise to support both the financial services industry and his community. His professional affiliations include roles on the Board of Directors of the Kimmel Center and the Board of Directors of the Securities Industry and Financial Markets Association, where he serves on the Private Client Group Steering Committee. He is also a trustee for The Catholic University of America. His past affiliations include serving as a member of the Board of Trustees of the American Red Cross of Southeastern Pennsylvania, a member of the Board of Directors of The Pennsylvania Trust Company, Chair of the National Aquarium in Baltimore, President of the Maryland Committee for Children, Vice Chair of the ICI Mutual Insurance Company, Member of the Franciscan Health System’s Investment Committee and Trustee for the House of Ruth, St. Joseph Hospital and the Baltimore Community Foundation.
Stan W. Silverman
BFTP/SEP Audit Committee Chair
Vice Chair, Drexel University Board of Trustees
Stanley W. Silverman is the former president and chief executive officer of PQ Corporation, a privately held global company operating in 19 countries (North America, South America, Europe and Asia Pacific) in two core businesses – chemicals and engineered glass materials.
Mr. Silverman is president of Horizon Venture Group LLC, a firm that invests as a limited partner in companies which have potential for growth and value creation. He has served as a guest lecturer on Executive Leadership at the Wharton School and at the LeBow College of Business of Drexel University, where he holds the position of executive in residence. Mr. Silverman has experience as a director on public company, private company, private equity company, trade association and not-for-profit boards.
He began his business career as a process engineer at Atlantic Richfield, subsequently acquired by BP, a global energy company. He joined PQ Corporation in 1971. During his career at PQ, Mr. Silverman has held positions in engineering, operations planning, marketing, sales and business unit executive management. He became PQ Corporation president and chief executive officer and a member of the board of directors in January 2000.
Mr. Silverman is a director on the boards of three publicly traded companies – A. Schulman, Inc., C&D Technologies, Inc. and Met-Pro Corporation, as well as three private equity owned companies – Femco Machine Company, innRoad, Inc. and Exocor Ltd.
He is a member of the board of trustees of Drexel University, and serves as chairman of the board’s finance committee. He is also a member of the board of trustees of Philadelphia Health and Education Corporation. He is the former chairman of the board of the Soap and Detergent Association, and a former board member of the American Chemistry Council.
Mr. Silverman earned a Bachelor of Science degree in chemical engineering and a MBA degree from Drexel University. He also completed the Advanced Management Program at the Harvard Business School.
Stephen T. Zarrilli
President & CEO, Safeguard Scientifics, Inc.
Steve Zarrilli is the Chief Executive Officer of Safeguard Scientifics, Inc. (NYSE:SFE), a growth capital provider headquartered in Wayne, PA. Steve has built a career spanning 30 years in a combination of CFO and CEO roles in both public and private companies, including serving as the CFO of Safeguard from 2008 to 2012. Steve spent the first 11 years of his career at Deloitte in Philadelphia.
In addition to his current duties, Steve is a director for several public and private enterprises including Nutrisystem, Inc. (NASDAQ:NTRI), Cadient, Inc. and the Penn Valley Group. He is also the recent past Chairman of the Advisory Board for the Arts & Business Council of Greater Philadelphia, Vice Chairman of Ben Franklin Technology Partners of Southeastern PA, and a board member of the Greater Philadelphia Chamber of Commerce. Steve previously served on three other public company boards – US Interactive, Inc. (digital marketing) from 1999 to 2000, Progress Financial Corporation (banking/ financial services) from 2000 until its sale to Fleet Bank in 2004 and Clarient, Inc. (cancer diagnostics) from 2008 until its sale in 2010 to General Electric.
Steve is a frequent speaker on a variety of business topics including strategic management, capital markets, corporate governance and entrepreneurship. He is also a member of the Board of Trustees of La Salle University, as well as the Chairman of the Advisory Board for La Salle’s Center for Entrepreneurship. In addition, Steve serves as a member of the Advisory Board of the Center for Corporate Governance of Drexel University’s LeBow School of Business, and a member of the Advisory Board on Executive Education for the Wharton School of the University of Pennsylvania.
Steve graduated from La Salle University in Philadelphia in 1983, and completed the Advanced Management Program at the Wharton School of the University of Pennsylvania in 2010.