Directors and Advisors
BILL MARVIN – Chairman – Before founding InstaMed, Bill was an executive in Accenture’s Health and Life Sciences practice. Bill worked with senior executives at clients such as UnitedHealth Group, U.S. Dept of Treasury, WellPoint Health Networks and other large blues plans where he developed strategies and led projects in the areas of transaction processing, web-portals, provider adoption and medical management. Bill was also the founder and CEO of CareWide, which developed Microsoft-based software for managing provider offices and was acquired by Amicore, a joint venture of Microsoft and Pfizer, and now is a part of AllScripts. Bill graduated from the University of Pennsylvania with a BA in Economics and was a member of the varsity squash team. Bill has been involved as a member and active board member with several not-for-profit organizations.
HOWELL D. MCCULLOUGH, III – Director – Mr. McCullough (Mac) is Executive Vice President, Chief Strategy Officer and Head of U.S. Enterprise Revenue Office of U.S. Bancorp (NYSE Symbol: USB), the fifth largest commercial bank in the U.S. with $340 billion in assets, operating 3,080 banking offices and 5,061 ATMs. Through its wholly owned subsidiaries, U.S. Bank and Elavon, U.S. Bancorp is the 10th largest payment card issuer in the world and one of the largest merchant acquirers in the United States and in Europe as measured by the number of merchants serviced. In his role as Chief Revenue Officer, Mac works across all divisions of the bank and reports directly to the Chief Executive Officer. Previously, Mac served as Director of Strategy and Acquisitions of the Payment Services business of U.S. Bancorp and also served as Chief Financial Officer of the Payment Services business. From March 2001 until July 2005, Mac served as Senior Vice President and Director of Investor Relations at U.S. Bancorp. Mac received a BS from The Ohio State University and an MBA from The Wharton School of Business, University of Pennsylvania.
TIMOTHY C. COLLINS – Director – Mr. Collins is Principal of T.C. Collins & Associates, a real estate development and asset management firm in southern California which he founded in 1986. Previously, he was Executive Vice President and CFO of Jet America Airlines, a company he co-founded and took public in 1981, which was acquired by Alaska Airlines in 1987. From 1975 – 1980 he was Controller/CFO of Air California, a public company, which was subsequently acquired by American Airlines. From 1970 – 1975 he was an auditor with Arthur Andersen & Co. In addition to his role as a director of InstaMed, Mr. Collins serves as an Advisory Board member for Cornerstone Ventures, the manager of a publicly registered, non-traded real estate fund specializing in industrial multi-tenant business parks. Mr. Collins serves as chairman of its audit/financial oversight committee. Mr. Collins graduated from the University of Santa Clara with a B.A. in Commerce and is a licensed C.P.A. (inactive).
JIM GUNTON – Director – Mr. Gunton is General Partner of NJTC Venture Fund. Mr. Gunton has served the technology industry for nearly 20 years, initially in Silicon Valley as a rapidly promoted manager at Oracle Corporation, then subsequently in an investment capacity. In 1994, he joined Edison Venture Fund and as Vice President and Principal, led its investment activity in New Jersey. Jim represents NJTC Venture Fund at seven portfolio companies, was New Jersey’s 2004 “Financier of the Year”, and is a Board Governor of The National Association of SBICs (NASBIC). Jim received a BS from Stanford University and an MBA with distinction from Duke University’s Fuqua School of Business.
NATE LENTZ – Director – Mr. Lentz is a Managing Partner of Osage Partners. Prior to joining Osage, Mr. Lentz was the CEO of Verticalnet, a leading provider of on-demand supply management software solutions, which was publicly traded. In January of 2008, Verticalnet was acquired by Italy-based BravoSolution. Prior to Verticalnet, Mr. Lentz was a Partner at Mercer Management Consulting and led both the San Francisco and Hong Kong offices. Nate began his career with Chemical Bank (now JPMorgan Chase) providing lending and structured financial services to mid-sized companies. Nate received a BA from Brown University and an MBA with honors from the Stanford Graduate School of Business.
CHRIS SEIB – Director – Before founding InstaMed, Chris was an executive in Accenture’s Health and Life Sciences practice. Chris focused on architecting and delivering portal and connectivity solutions at clients such as UnitedHealth Group, WellPoint Health Networks and many regional health plans. Chris has managed large teams of people in multi-project initiatives such as eCommerce development, software application development and operations. Additionally, Chris has been involved in strategic development efforts regarding government health initiatives, consumer-directed health plans and direct connectivity between providers and payers. Chris has certifications and expertise in Programming, Architecture, Microsoft Technologies, Database Technologies, Networks, Network Architecture, Security and Project Management. Chris graduated Cum Laude from Harvey Mudd College with a BS in Engineering and a minor in Economics. Chris was also a member of the Tau Beta Pi Engineering Honor Society, captain of varsity water polo and an All-American. Chris is an active board member on the Board of Trustees of Harvey Mudd College and the Newport Beach Junior Lifeguard Foundation, and is an avid fan of water sports including boating and surfing.
PAT COLLINS – Observer & Advisor – Mr. Collins established his own practice as a CPA in Southern California after seven years with Arthur Andersen. His practice concentrates on high net worth individuals and involves significant private investment activities. He is a director of a number of start-up companies in which he and clients are equity participants. Mr. Collins sits on several not-for-profit boards and is a director in a number of privately held companies. Mr. Collins is a graduate of the University of Southern California.
DAVID DRAHMS – Observer & Advisor – Mr. Drahms is Vice President of Osage Partners. David joined Osage in 2005 and plays an active role in all of the Osage portfolio companies. David an active member of several venture organizations, including the MAC Alliance, Early Stage East and the 3 Rivers Venture Fair. Prior to Osage, David was a project manager and mechanical engineer at Teradyne, Inc., a Boston-based manufacturer of semiconductor test equipment. David received a BS in Mechanical Engineering from the University of Rochester and an MBA from The Wharton School of Business, University of Pennsylvania.
BILL WESTERVELT – Advisor – Mr. Westervelt is the General Partner of Ashby Point Capital which he co-founded in 2007. Previously, Mr. Westervelt co-founded First Annapolis Consulting in 1991 and led it to become the premier consulting company in the payments industry. Bill has over 30 years of operating and advisory experience in all facets of the payments industry and has advised both domestic and international clients on a range of matters that have impacted the evolution of consumer/commercial payment products and systems. His expertise includes designing and implementing payment system strategies, assessing and structuring alliances, evaluating emerging payment systems alternatives and advising clients on mergers, acquisitions and dispositions. His clients include major international financial institutions, money center and regional banks, transaction processing companies, specialized technology providers, trade and credit associations and non-bank entities such as retailers and specialized finance companies. Prior to First Annapolis, Bill held executive and senior management positions in retail banking, credit card banking, and credit card processing. He has also served on numerous advisory committees for Visa USA, Visa International and vendors serving the financial services industry. Bill received a B.A. in economics from McDaniel College (formerly Western Maryland College) and an MBA from the University of Baltimore.
HYMAN R. KAHN, MD – Advisor – Dr. Kahn was the Chief Medical Officer and Senior Vice President of US Healthcare until its merger with Aetna, after which he spent five years as medical consultant to Aetna US Healthcare and Aetna International before retiring. Previously, he spent 20 years in clinical practice for Internal Medicine and Cardiology after spending 2 years of active duty in the US Air Force. Dr. Kahn serves on many boards including Thomas Jefferson University Hospital, Quaker Bio Ventures, Ben Franklin Technology Partners and several private bio-technology companies. Dr. Kahn is a consultant in healthcare to several companies and a founding partner in Healthcare Executive Partners (HExPa) as well as a member of LORE, an angel investing group.
FRANK P. SLATTERY, JR. – Advisor – Mr. Slattery is the President of Quintus Corporation, which originates new companies utilizing science from several universities. From 1969 to 1994, he was Director and CEO of LFC Financial Corporation, a diversified financial company. Mr. Slattery is the chairman of the board for several companies and serves as a trustee and director to Jefferson Health System and Main Line Health Systems. Mr. Slattery is a graduate of the University of Pennsylvania Law School and Princeton University.
BRIAN EFFRON – Advisor – Mr. Effron is the President and Founder of Healthcare Administrative Partners, which offers revenue cycle services and business consulting support to physician practices and hospitals across the nation. As President, Brian manages the company’s capital requirements, marketing and joint ventures, and strategic plan. Before founding Healthcare Administrative Partners, he accumulated nearly two decades of executive experience with various firms in healthcare and business industries. Brian served as President of Professional Management Services, prior to their merger with Medaphis Corp. He later served as a Divisional President of Medaphis Physician Services Corporation. Brian serves on many healthcare and other nonprofit boards.
MICHAEL B. ARONSON – Advisor – Mr. Aronson is an internationally recognized business educator, venture investor and serial entrepreneur. He was a Senior Lecturer and Faculty member at the Wharton School for 25 years, a founder and investor in five successful software companies, and an active investor in several additional companies that have been acquired or gone public. He is currently Managing Director of MentorTech Venture Partners and serves on both the Board and the Finance and Investment Committees of the Ben Franklin Technology Partnership of the Commonwealth of Pennsylvania. Mr. Aronson is a member of the Limited Partner Advisory Board of Rustic Canyon Ventures. Mr. Aronson is a graduate of The Wharton School of Business, University of Pennsylvania.
BRADFORD S. OBERWAGER – Advisor – Mr. Oberwager is Chairman and CEO of Sundia Corporation, which commands over one third of the US market for watermelons. Brad is a co-founder and director of six companies and has founded and successfully sold two companies. Brad also served as an entrepreneur in residence for Softbank Venture Capital and was an investment banker with Bear Stearns. Brad is a graduate of The Wharton School of Business, University of Pennsylvania and Georgetown University.
WILLIAM H. GIESE – Advisor – Mr. Giese is a partner of Tax Counsellors of Bryn Mawr, a full service tax accounting firm. Mr. Giese was previously a tax partner of Price Waterhouse. Mr. Giese graduated with a BA (cum laude) from Amherst College and an MBA from The Wharton School of Business, University of Pennsylvania.
RICHARD WILLIS – Advisor – Mr. Willis recently retired as the President of Johnson, Kendall & Johnson, Inc. (JKJ). JKJ is a nationwide, full-service insurance brokerage and risk management firm offering claim consulting and innovative program design in Property & Casualty and Risk Management, Group Benefits, and Personal insurance to Fortune 500 public companies, mid-size corporations, privately-held entities, and individuals. Mr. Willis’ dedication to Senior Living Services has propelled JKJ into the leading provider of services to Retirement Communities in the U.S. Mr. Willis currently serves on the Board of two communities. Mr. Willis graduated from Ohio Wesleyan University.