Nate Davis, Executive Chairman of K¹², is a seasoned leader of transformational telecommunications, media and software development companies, with a record of improving operations, launching innovative new products and strengthening relationships with legislative and regulatory authorities. Mr. Davis, who joined the K¹² board of directors in 2009, was named chairman of the board in June 2012 and in January 2013 assumed his current responsibilities, overseeing all operational and corporate functions of the company with a focus on excellence in academic, operational and financial performance.
Mr. Davis joined the company from the position of managing director of RANND Advisory Group, a consulting group advising venture capital, media, and technology-based firms. He previously served as chief executive officer and president of XM Satellite Radio and a member of the company’s board of directors, where he strengthened operations and financial performance and led the company through its merger with Sirius Satellite Radio.
From 2000 to 2003, Mr. Davis was president and chief operating officer, and board member of XO Communications Inc. Mr. Davis has also held senior executive positions at Nextel Communications (EVP, network and technical services), MCI Telecommunications (chief financial officer and various other management positions) and MCI Metro (president and chief operating officer).
Mr. Davis currently serves on the board of directors for Unisys and the board of trustees for RLJ lodging trust.
Mr. Davis received an MBA from the Wharton School of the University of Pennsylvania, an MS in engineering computer science at the Moore School of the University of Pennsylvania, and a BS in engineering from Stevens Institute of Technology.
Ron Packard is the CEO and Founder of K¹². Mr. Packard was previously a vice president of Knowledge Universe, and CEO of Knowledge Schools, which provides high-quality childhood education in community and employer-sponsored centers, and invests in, incubates, and operates several charter school companies. Previously, Mr. Packard worked for McKinsey & Company, as well as for Goldman Sachs in mergers and acquisitions. Mr. Packard holds a BA in economics and mechanical engineering with honors from the University of California, Berkeley. As a Hughes Scholar, he spent his undergraduate summers writing an image-processing language. He holds an MBA with honors from The University of Chicago, and he is a chartered financial analyst.
Mr. Packard was the 2007 recipient of the Education Industry Association’s James P. Boyle Entrepreneurial Leadership Award, bestowed to individuals whose achievements in the for-profit education industry serve as a guidepost for others starting and building entrepreneurial education endeavors. In 2008, he won the Ernst & Young Entrepreneur of the Year Award in the IT Services & Solutions category in Greater Washington for his outstanding leadership in building and leading a dynamic and growing business. He was also the recipient of the Distinguished Entrepreneurial Award from Chicago Booth in 2009 for his achievements in public service, entrepreneurship, finance, and corporate leadership. In 2010, he won the USDLA Award for demonstrating Outstanding Leadership in the field of Distance Learning.
He previously served on the Department of Defense Educational Advisory Committee, and is currently Chairman of the Board of Middlebury Interactive Languages, LLC, and is a member of the Digital Learning Council.
Mr. Packard has been profiled in many media outlets including The Wall Street Journal, The Washington Post, FOX News Business Channel, Forbes Magazine, Investors Business Daily, Washington Business Journal, and SmartCEO Magazine.
Craig R. Barrett, Retired Chairman and CEO, Intel Corporation, joined us as a director in September 2010. He served as Chairman and Chief Executive Officer of Intel Corporation, which he joined in 1974, until his retirement in 2009. Prior to Intel Corporation, Dr. Barrett was a member of the Department of Materials Science and Engineering faculty of Stanford University. Dr. Barrett currently serves as Co-chairman of Achieve, Inc., an independent, bipartisan, non-profit education reform organization, Chairman of Change the Equation, an organization promoting widespread literacy in science, technology, engineering and math (STEM), President and Chairman of BASIS Schools, Inc., Vice Chair of the Science Foundation Arizona, and Co-chairman of the Business Coalition for Student Achievement. Dr. Barrett holds B.S., M.S. and Ph.D. degrees in Materials Science from Stanford University. Dr. Barrett was selected as a director because of his robust knowledge and experience in information technology innovation, as well as his global, operational, and leadership experience as a Chairman and Chief Executive Officer of Intel Corporation. He also brings a unique perspective to the Board of Directors from his tenure in the academic world and his volunteer work and support of educational organizations.
Guillermo Bron has served as Chairman of the Board and a director of United Pan Am Financial Corp. (UPFC) since April 1994, and as a director of Pan American Bank, FSB, a federally chartered savings association and former wholly owned subsidiary of UPFC, from 1994 until its dissolution in February 2005. Mr. Bron is a Managing Director of Acon Funds Management LLC, a private equity firm, and the Managing Member of PAFGP, LLC, the sole general partner of Pan American Financial, L.P. From 2000 to 2002, Mr. Bron was a director of Telemundo Group, Inc. Mr. Bron founded UPFC and organized a Hispanic investor group that acquired certain assets and assumed certain liabilities of the Bank’s predecessor from the Resolution Trust Corporation in April 1994. From 1994 to 2003, Mr. Bron was an officer, director and principal stockholder of a general partner of Bastion Capital Fund, L.P., a private equity investment fund primarily focused on the Hispanic Market. Previously, Mr. Bron was a Managing Director of Corporate Finance and Mergers and Acquisitions at Drexel Burnham Lambert. Mr. Bron holds a BS in Electrical Engineering and Management from Massachusetts Institute of Technology and an MBA from Harvard University.
Adam L. Cohn is a partner at Knowledge Universe (KU), where he is head of mergers and acquisitions and business development for KU and its portfolio companies. Mr. Cohn has worked at KU since March of 2000. Prior to joining Knowledge Universe, he was a senior associate with Whitney & Co., a leading private equity firm. At Whitney & Co., he was responsible for sourcing and executing transactions for the Whitney Mezzanine Fund. Prior to Whitney & Co., Mr. Cohn was an investment banker in the Financial Sponsors Group at Bankers Trust Company and Deutsche Bank. He has a BS in business from Skidmore College and a MBA from Columbia University. Mr. Cohn serves on board of directors of Knowledge Schools LLC, Knowledge Universe Global Inc., Busy Bees Holdings Limited, and Milagro Oil and Gas, Inc. From 2007 to 2012 he served as a director of Embanet Corp.
Steven B. Fink, in addition to serving as a director of K¹², currently serves as the board chairman of Leapfrog, Inc. Mr. Fink has been the chief executive officer of Lawrence Investments, LLC, a technology and biotechnology private equity investment firm that is controlled by Lawrence J. Ellison, since May 2000. Mr. Fink also serves as a vice chairman of Knowledge Universe (now renamed Krest LLC), a private company focused on building leading companies in areas relating to education, technology and career management and the improvement of individual and corporate performance, a position he has held since 1996. From 1981 to 1986, Mr. Fink served as chief executive officer and chairman of the board of directors of Anthony Manufacturing Company, a specialty glass and conductive coatings manufacturer. He currently serves as vice chairman of Heron International, a European real estate development company, and as non-executive chairman of the board of Spring Group PLC, an information technology services company in the United Kingdom. Mr. Fink is a director of Nextera Enterprises, a former provider of economic consulting services that has sold its operating businesses, Nobel Learning Communities, Inc. (a non-sectarian, for-profit provider of education and educational services for the pre-elementary through twelfth grade market) and C-COR Incorporated (a provider of operations support software and technical services). He also serves on the boards of directors of privately held companies. Mr. Fink has a B.S. from the University of California, Los Angeles and a J.D. and an L.L.M. from New York University.
Dr. Mary Futrell is an accomplished leader in the field of education and has committed herself throughout her career to children, public education, and the profession of teaching. She is best known for serving six years as president of the National Education Association from 1983-1989. Ms. Futrell received a Bachelor of Arts degree in business education from Virginia State University and obtained a Master of Arts from the George Washington University. After teaching and holding various administrative positions in different secondary schools, Ms. Futrell joined the faculty at the George Washington University, while earning her Ph.D. in education policy studies. In 1995 she was promoted to dean of the Graduate School of Education and Human Development. She is currently the director of the George Washington Institute for Curriculum Standards and Technology and the founding president of the World Confederation of the Teaching Profession. Formerly, she served as president of the Virginia Education Association, Education International, and ERAmerica. She has also served on the boards of the Kettering Foundation and the Carnegie Foundation for the Advancement of Teaching Leadership, and on the editorial board of Phi Delta Kappa. She has published articles in a number of scholarly journals, such as Education Record, Foreign Language Annals, and Education Administration Quarterly. She is also the recipient of numerous honors and awards, including more than twenty honorary degrees.
Mr. Reynolds joined us as a director in April 2011. Mr. Reynolds is a General Partner at Technology Crossover Ventures (TCV), a leading provider of growth capital to technology companies, providing funds to later-stage private and public companies. Mr. Reynolds joined TCV in 1997 and has been a venture capital and technology investor for over 15 years. While Mr. Reynolds has investment experience in multiple technology sectors, his primary focus has been in the software and technology enabled services industries. Prior to joining TCV, Mr. Reynolds was an Associate with General Atlantic Partners, a private equity firm focused on late stage software and service businesses. Prior to joining General Atlantic, Mr. Reynolds was a member of the mergers and acquisitions group at Lazard Freres & Co, where he focused on the technology and telecom industries. Mr. Reynolds is currently on the Board of Directors of Embanet, Global 360, OSIsoft, Seismic Micro-Technology, Solarc, and Webroot. Mr. Reynolds also serves as a Trustee of Holderness School in Plymouth, NH. Mr. Reynolds received an A.B. in Geography from Dartmouth College and an M.B.A. from Columbia Business School where he earned Beta Gamma Sigma honors.
Andrew H. Tisch joined us as a director in August 2001 and served as Chairman of the Board of Directors from May 2007 to June 2012. Since 1985, Mr. Tisch has been a director of Loews Corporation, and is Co-chairman of its board, Chairman of its executive committee and, since 1999, has been a member of its Office of the President. Mr. Tisch engages in numerous public service activities including, serving as Vice Chairman of Cornell University and as a trustee of the Brookings Institution. Mr. Tisch has also served as a director of CNA Financial Corporation since 2006, and as a director of Texas Gas Transmission, LLC and Boardwalk Pipelines, LLC since 2005. Mr. Tisch previously served as a director of Bulova Corporation from 1979 to 2008 and as a director of Lord & Taylor from 2006 to 2008. Mr. Tisch holds a B.S. in Hotel Administration from Cornell University and an M.B.A. from Harvard University. Mr. Tisch was selected as a director because of his experience having served as president or chairman of various multinational companies over his career in addition to his membership on various boards of directors of public companies which allows him to provide the Board of Directors with leadership and a variety of perspectives on important strategic issues. The Board of Directors also benefits from his involvement in higher education and non-profit sectors.