Joel Davidson (Chairman)
Joel is the former CEO of NextAction Corp (nka DataLogix), where he led the development of industry-leading data and analytical Online and Direct Mail targeting services for Catalogers, Retailers, and eCommerce companies. Prior to NextAction, Joel spent nearly 9 years at AOL running Mapquest, Netscape, Compuserve, Wal-mart’s ISP business, AOL Instant Messenger, and ICQ. During his last two years at AOL, Joel led a 600-person software development organization supporting the AOL subscription service’s Billing, CRM, and Client services groups. Joel also spent 12 years in executive management and senior Marketing positions with Rogers Cablesystems, H. J. Heinz, and Campbell Soup Company. He began his career in Strategic Consulting at Bain and Company.
Joe currently serves as President of NewDay Financial and Director and Chairman of the Board for Chrysalis Holdings, LLC. Prior to these appointments, Joe served as the CEO for National Real Estate Information Services (NREIS), a portfolio company owned by funds managed by affiliates of Fortress Investment Group, LLC. He also co-founded The Collingwood Group, a Washington, D.C.-based business advisory firm that helps clients in expanding business. In 2008, the Bush Administration appointed Joe to serve as President of the Government National Mortgage Association (Ginnie Mae). In this role, he operated a multi-billion dollar company and was responsible for a wide range of risk management initiatives, including capital market activity and credit loss, and oversight of more than 200 lender servicing operations. In total, Joe has nearly 40 years in the mortgage business and brings his vast experience and knowledge to the Medallion board.
Mike is a founder and Managing Partner of Originate Ventures, a venture capital investment firm targeting early stage product and services companies located in Pennsylvania and the Mid-Atlantic region. Prior to Originate Ventures, Mike was a co-founder and former CEO of OraSure Technologies (NASDAQ: OSUR), where he helped build the company from a start-up to more than $50 million in annual sales and a market cap of over $500 million over a 17-year period. Over that time, Mike raised more than $100 million from angel investors, venture capitalists, public offerings, and from commercial banks. Mike was recognized as Ernst and Young Central and Eastern Pa Biotech Entrepreneur of the Year in 2005 and the Company was named for seven consecutive years to the Fastest 50 growth companies in the Greater Philadelphia region. Prior to co-founding the predecessor company to OraSure Technologies in 1987, Mike held a variety of financial management positions at Proctor & Gamble.
Eric Arnson is the Managing Partner of Originate Ventures, a venture capital investment firm targeting early stage product and services companies located in Pennsylvania and the Mid-Atlantic region. Prior to Originate Ventures, Eric was a Senior Partner at McKinsey & Company where he was a Leader of the North American Marketing & Global Brand Strategy Practice. Eric is the founder, and former managing partner of ENVISION, a brand strategy consulting firm, which was acquired by McKinsey & Company. Eric began his professional career at Procter & Gamble, where he held a variety of Brand, Sales and Product Development positions on brands including Duncan Hines, Pringles Cisco and Jif. He later joined Beecham Cosmetics as Director of Marketing, responsible for Vitabath, Vita Europa, Yardley of London and new product launches like the fragrance Aspen. Prior to McKinsey’s acquisition of ENVISION, Eric spent most of the 90’s consulting in consumer categories. He was one of the original partners at The Cambridge Group and in 1994 left to found ENVISION.
Nate joined Osage Partners in 2008 having previously been the President and CEO of Verticalnet, Inc., a leading provider of on-demand supply management software solutions, which was sold in January, 2008 to Italy-based BravoSolution. He served as the Malvern, PA- based Verticalnet's CEO for over five years and was attributed with leading the transformation of Verticalnet from an online operator of web portals to a proven software solution provider, while navigating the company through a financial turnaround and ultimately a successful exit. Prior to Verticalnet, Nate was a Partner at Mercer Management Consulting and led both the San Francisco and the Hong Kong offices. During his time at Mercer, he worked closely with multinational companies and high growth emerging businesses both in the U.S. and in over fifteen countries across Asia, Europe, Africa and the Middle East. Nate began his career at Chemical Bank in New York providing lending and structured finance services to mid-size companies. He is a graduate of Brown University and of the Stanford Graduate School of Business where he graduated with honors.
Pritam is an extremely successful, serial entrepreneur, with extensive background in building and growing information technology businesses. He is presently the CEO of the Professional Closing Network, the leading network of real estate closing attorneys in the U. S. Recently, PCN was named to the INC 5,000 and was nominated for the Ernst and Young Entrepreneur Award for Western Pennsylvania. Formerly, Pritam served in executive leadership positions at TechRx, a pharmacy systems developer, E-Transport, an ocean cargo tariff automation company, and Cost Containment, a pharmacy benefits manager. Each of these companies delivered at least a 10x return to investors.
Brad is an attorney and shareholder for a prominent Pittsburgh top 20 law firm. Brad brings over 21 years of counseling clients on legal, business and strategic planning issues. He has represented numerous companies in the real estate title, mortgage and appraisal industry. In fact, for the past 15 years, Brad has been legal counsel to the national Title, Appraisal and Vendor Management Association (“TAVMA”). Prior to practicing law, Brad worked as a CPA for the international firm of Ernst and Young. During the past 16 years, Brad has created two separate and successful companies. First, Brad helped form and operate Legal Network Ltd (LNL). LNL was recognized by INC magazine for achieving, on three separate occasions, the INC 500 Award for the fastest growing companies in the country. LNL was subsequently sold to a Modis, a publicly held company. Thereafter, Brad is a founder of PCN Network Inc. (PCN), the first multi-state attorney closing company in the title and mortgage industry.
Des O’ Connor
Des is an Executive in Residence at Innovation Works, the single largest investor in seed-stage companies in the Pittsburgh area. Des works with the management teams of start-up technology companies to identify and address critical business issues including intellectual property creation and protection, product development, marketing, sales, fundraising, management recruitment and growth planning. Des has over 15 years experience in strategic business planning and corporate operations both in early-stage technology ventures and Fortune 1000 companies. Prior to joining Innovation Works, Des was Business Development Director for Management Science Associates (MSA) where he led client-facing activities in the Alcohol Beverage and Publishing industry groups in addition to broader responsibilities in business development and product commercialization. Before joining MSA, Mr. O’ Connor was VP Business Development for Haley Systems, an early-stage artificial intelligence software company in Pittsburgh. He previously gained experience managing an early-stage technology company as VP Globalization Strategy for Clickthebutton.com, an Internet-based price comparison services provider based in New York City. Previously, Des was a Principal Consultant with the Strategic Change Consulting Practice of PricewaterhouseCoopers L.L.P., where he focused on strategy development, particularly in the areas of sales and marketing information, primarily for major CPG clients. Mr. O'Connor also worked in brand management for the Weight Watchers Food Company and in customer marketing for SmithKline Beecham Consumer Products.