Board of Directors

Richard S. Bodman (Chairman)

Richard (Dick) Bodman is an entrepreneurial businessman and investor. Dick is also Managing General Partner of VMS Group, which performs administrative & advisory services for venture capital funds, and General Manager of Bodman Oil & Gas, LLC.

Dick served as the Assistant Secretary of the U.S. Department of the Interior, and subsequently as Assistant Director of the Office of Management and Budget in The White House. After government service, he joined DuPont and served in several management positions in Textile Fibers and Corporate Finance. He then joined the Communications Satellite Corporation as CFO and subsequently served as President & CEO of Comsat General Corporation and President of Satellite Television Corporation. He later joined AT&T as Senior VP for Strategy & Development where he co-founded AT&T Ventures, and in 1996 he simultaneously acquired AT&T Ventures and became its Co-Managing Partner, retiring from AT&T.

Dick is also currently Chairman of the Board of Telecom Development Fund. Earlier board service included Reed Elsevier, Young & Rubicam, Internet Security Systems, Lin Broadcasting, Tyco International, National Housing Partnerships, Sandia National Laboratories, Boys & Girls Clubs of America, Morristown Hospital System and Naples Community Healthcare System. He received a B.S. in Engineering from Princeton University, and an M.S. in Industrial Management from M.I.T. He was a CPA and Partner at Touche Ross & Co.

Neal M. Douglas

Neal is an experienced businessman and investor. He has been a Venture Partner at the Telecom Development Fund since 2005. From December 1999 to October 2003, Neal served as the Managing General Partner of Spectrum Equity Investors, L.P., a venture capital firm investing exclusively in the communications industry. Neal was a co-founder of AT&T Ventures, the venture capital affiliate of AT&T Corporation, and has served as a General Partner since January 1993. From May 1989 to January 1993, Neal was a partner of New Enterprise Associates. Prior to this, he was an investment professional with Crosspoint Venture Partners and was a member of the technical staff at Bell Laboratories.

Neal has been involved in financing many communications companies, including Juniper Networks, VeriSign, Covad Communications, Ascend Communications, Software.com, TUT Systems, and Netro. Neal holds a B.S. in Electrical Engineering from Cornell University, an M.S. from Stanford University, and an M.B.A. from the University of California at Los Angeles.

Tom Inglesby, MD

Dr. Thomas V. Inglesby is Director and Chief Executive Officer of the University of Pittsburgh Medical Center (UPMC) Center for Health Security. He is Chair of the Board of Scientific Counselors, Office of Public Health Preparedness and Response, of the US Centers for Disease Control and Prevention. He is Co-chair of the National Health Security Preparedness Index initiative. He has been chair or a member of a number of National Academy of Sciences committees, and he has served in an advisory capacity to the Defense Science Board, the Departments of Health and Human Services and Homeland Security, and the National Institutes of Health

Dr. Inglesby is Associate Professor of Medicine and Public Health at the University of Pittsburgh Schools of Medicine and Public Health. He completed his internal medicine and infectious diseases training at Johns Hopkins University School of Medicine, where he also served as Assistant Chief of Service in 1996-97. Dr. Inglesby received his M.D. from Columbia University College of Physicians and Surgeons and his B.A. from Georgetown University.