Jeff Bornstein - Founding Member
Jeffrey "Jeff" S. Bornstein is a former Vice Chair and the former CFO of General Electric (July 2013 - October 2017). In his role he focused on portfolio transformation including the sale of Appliances, executing the merger of GE Oil & Gas with Baker Hughes, the sale of $300B+ of businesses and assets of GE Capital and GE’s acquisition of Alstom, as well as, driving down structural costs. Previously, Bornstein served as SVP and CFO of GE Capital for 12 years. During his role GE Capital grew earnings 4X. He also played a pivotal role managing the company through the financial crisis and, subsequently, the on-boarding of the Federal Reserve as Regulator. Bornstein mentored and developed a generation of Finance leaders that continue to lead GE, as well as, many other public and private companies.
Bornstein joined GE in 1989 with the GE Power Systems’ Financial Management Program. In 1992, he joined the GE Corporate Audit Staff and then became Executive Audit Manager. In 1996, he was named Chief Financial Officer for GE Aircraft Engine Services and Vice President in 1998. In 1999, he was promoted to Chief Financial Officer of GE Plastics and served as their CFO until 2002. Jeff has a wife, Jill, and four sons Mathew, Andrew, Max, and Alex. He is on the board of Northeastern University and BuildOn. He has also been involved in a number of youth programs. He received his B.S. in Business Administration from Northeastern University.
Ron Hynes - Founding Member
Ron Hynes is a proven global FinTech and payments executive. Most recently, as CEO and Board Director, Hynes led the successful turnaround of UniRush LLC, a prepaid financial services company and owner of the renowned RushCard. He initiated a recapitalization process, returned the company to profitability, and grew new customer acquisitions by more than 100% before completing the successful sale of the company to Green Dot in 2017.
Prior to UniRush, he held senior-level positions at MasterCard Worldwide, including serving as Executive Vice President Global Prepaid Solutions for 4 years. Under his leadership, the prepaid team engineered exponential growth in both revenue and market share for MasterCard’s global prepaid business and championed the company’s financial inclusion and government strategies, and was responsible for creating 7 of the top 10 prepaid card programs, globally.
Prior to his tenure at Mastercard, Ron was EVP Business Development and Strategy at FSV Payment Systems and Senior Vice President at J.P. Morgan Chase/Bank One, where he oversaw Prepaid Card Solutions. Hynes was also a founding Board member of the Network Branded Prepaid Card Association and a Board Director at Access Prepaid Worldwide.
Currently Ron sits on the advisory boards of PayFare, LLC, a FinTech provider of real time pay and banking for gig-economy employers and workers and Amino, a new kind of digital health company that combines big data and technology to connect people to the best care possible.
Small company growth stories are a passion for Lane, who has a history of identifying market opportunities and building companies in oil and gas services, construction, beverage and banking. Sandvik, a Swedish global, public company recently acquired one of Lane’s companies, INROCK, the industry recognized global innovator in horizontal directional drilling (HDD). The technologies allow installation of infrastructure below economic and environmental sensitive surface terrain. INROCK pioneered the first rock drilling projects ever attempted in the HDD industry. Lane is a board member of Dynomax and President of Reve.
Peter Foss earned a 36 year reputation at GE for scaling ideas into working solutions. Among his positions, President of Olympic Sponsorship and Corporate Sales and spearheading a team to develop and implement growth strategies with a select group of GE’s global customers, Foss managed the Sales Force Effectiveness, Corporate Sales and Government Selling programs. Foss continues important work with the GE Healthcare team working on the GE/NFL brain research effort, which he helped initiate. Foss is also President of the private foundation, ALS Finding a Cure.
Charles Gassenheimer is a pioneer in commercializing new energy technologies, including as Chairman and CEO of Ener1, where he helped build a team of 700 full time employees and the infrastructure equipped for large scale development. The Company expanded operations to a global platform with revenues growing ten fold and earning a spot on the NASDAQ. Gassenheimer also developed and commercialized the Company’s battery technology into the hybrid and electric vehicles market, grid-scale energy storage and consumer electronics applications. He has served on the Electric Drive Transport Association, Electrification Coalition and the Richard G. Lugar Center for Renewable Energy.