Dr. Cotsakos is an entrepreneur, business and technology executive, military combat veteran, visiting professor and lecturer, venture capitalist and angel investor, executive management and board advisor, national best-selling author and philanthropist.
Dr. Cotsakos is one of the visionaries, architects, and entrepreneurs of e-commerce and e-finance and is a pioneer in the development and mainstream-adoption of personalized digital financial media.
Dr. Cotsakos serves as founder, chairman and CEO of Pennington Ventures, LLC, a privately held new media, technology, strategic management and advisory company (1999-present). He is also co-founder and chairman of Mutasian Media, LLC and Mutasian Entertainment, LLC, creative educational entertainment companies for children (2009-present) and a founding board member of JOBRIVET, Inc., a youth employment community that connects young adults with employers looking for qualified youth job applicants (2013-present).
Dr. Cotsakos serves on the board of directors of JDA Software, Inc., a leading software and consultancy company, providing supply chain management, manufacturing planning, retail planning, store operations and collaborative category management solutions in the cloud. Dr. Cotsakos chairs the Technology, Product and Pricing Committee (2013-present).
Dr. Cotsakos serves on the board of Medical Specialties Distributors, LLC, a leading distributor of infusion related products, rentals and service for the alternate care market. Dr. Cotsakos chairs the Digital Innovation Group, Technology and Information Committee (2014-present).
Dr. Cotsakos serves on the board of Western Dental Services, Inc., one of the largest dental services organizations in the U.S., with approximately 175 dental offices in California, Arizona, Nevada and Texas. Dr. Cotsakos also serves as the senior information and technology advisor to the board of directors (2014-present).
COTSAKOS COLLEGE OF BUSINESS
WILLIAM PATERSON UNIVERSITY
In May 2001, William Paterson University named its business school the Cotsakos College of Business in honor of Dr. Cotsakos. William Paterson is one of the nine state colleges and universities in New Jersey with an enrollment of nearly 12,000 students.
Dr. Cotsakos is among a team of inventors for Mainstream Holdings and is listed in multiple patent applications covering methods and data structure for obtaining, distributing, managing and utilizing information, including online content and user biographical content in an online networking system. (US Patent No. 8,107,452 was assigned to Sprint Communications L.P. in September 2008; US Patent No. 7,010,599 was assigned to Vizio, Inc in July 2012.)
NEW MOUNTAIN CAPITAL, LLC
Dr. Cotsakos serves as a senior advisor to New Mountain Capital, a leading private equity firm in New York. New Mountain, together with its affiliates, manages private equity, public equity and credit capital with aggregate assets under management totaling $12.0 billion (2013-present).
Dr. Cotsakos served as founder, chairman, CEO and president of EndPlay, Inc., a leading provider of SaaS content management, engagement and monetization solutions for local broadcasters, media, entertainment and consumer packaged goods companies delivered in the cloud (2010-2014). EndPlay was acquired by the Enterprise Technology Group, Inc. in January 2014.
Dr. Cotsakos served as the senior new media and technology advisor to the executive leadership of News Corporation, a multinational mass media corporation, and to the executive leadership of FOX Entertainment Group, an entertainment industry leader that specializes in filmed entertainment, television stations, television broadcast networks, and cable network programming (2006-2010).
MAINSTREAM HOLDINGS, INC.
Dr. Cotsakos has served as founder, chairman of the board, chief executive officer, and president of Mainstream Holdings, a holding company providing customizable internet technology and digital and social media, engagement and monetization solutions (2003-2008). Mainstream Holdings was acquired by Babbalu, LLC in November 2008.
ARROWPATH VENTURE CAPITAL, LLC
Dr. Cotsakos co-founded and served as co-managing general partner of ArrowPath Ventures Inc. (1999-2003), where he and his co-managing general partner raised over $325 million in venture capital. ArrowPath is an early-stage venture capital firm that focuses on early and expansion stage companies developing highly differentiated enterprise and infrastructure technologies.
E*TRADE GROUP, INC.
Dr. Cotsakos served as chairman of the board and chief executive officer (1998-2003) and president and chief executive officer (1996-1998) of E*TRADE Group, Inc.
Under Dr. Cotsakos’ leadership, Fortune magazine named E*TRADE as one of the 10 most admired companies in financial services in 2002 and the company received numerous industry awards and recognitions for innovation, marketing, and technology. It was also included in both the S&P 500 and the Forbes Super 500 in 2003.
Dr. Cotsakos raised $13 million in private equity to help finance E*TRADE's start-up operations, led the company’s initial public offering and listed E*TRADE on the National Association of Securities Dealers Automated Quotations (NASDAQ) under the symbol EGRP in August 1996, raising an additional $53 million. In February 2001, after the company earned $1 billion in revenue, he listed E*TRADE on the New York Stock Exchange (NYSE) under the symbol ET.
Dr. Cotsakos raised an additional $1.5 billion to finance E*TRADE’s growth, infrastructure, technology innovations, and leading brand-building strategy. He initiated the company’s global diversification program by acquiring 18 companies for over $3 billion and broadening the company's international products and services portfolio.
Dr. Cotsakos resigned from E*TRADE in January 2003, after reporting the most profitable year in the company’s history from ongoing operations, to pursue new business and venture capital opportunities through his portfolio management company, Pennington Ventures, LLC, as well as to provide advisory services to executive management teams and boards of directors.
Dr. Cotsakos previously served as global co-chief executive officer, president, and chief operating officer of ACNielsen, the global leader in market research, information, and analysis (1992-1996).
Dr. Cotsakos expanded the company’s reach in Asia, Europe, and Latin America and reinvigorated its brand and market position, re-architected its technology and restored its global profitability.
Dr. Cotsakos was the recipient of Dun & Bradstreet’s Chairman’s Award for Global Leadership in 1993 and the President’s Award in 1995 for his innovative leadership in developing the company’s solution-based technology and expanding the company’s profitable international strategy.
FEDERAL EXPRESS CORPORATION
Dr. Cotsakos served 19 years with the Federal Express Corporation (NYSE-FDX), a market leader in transportation, information, and logistics solutions, where he held a number of senior executive positions in the U.S. and in Europe, Middle East and Africa (1973-1992).
Dr. Cotsakos was instrumental in developing several of the people, service, profit, and technology initiatives that Federal Express is known and respected for today.
Dr. Cotsakos received the Chief Operating Officer’s Five Star Award for Leadership and Innovation in 1984 and was instrumental in Federal Express receiving the Malcolm Baldridge National Quality Award in 1990.
PRIOR DIRECTORSHIPS AND COMMITTEE CHAIRS/MEMBERSHIPSBOARD OF DIRECTORS - PUBLIC COMPANIES
FOX Entertainment Group, Inc. (NASDAQ-FOX), a leader in the development, production, and worldwide distribution of feature films and television programs, television broadcasting, and cable network programing. Dr. Cotsakos chaired both the audit committee and the special committee of independent directors when News Corporation acquired the minority interest in the FOX Entertainment Group.
E*TRADE Group, Inc. USA (NASDAQ-ETFC and NYSE-ET), an on line financial and new media company. Dr. Cotsakos chaired the Executive Committee and the Nominating and Governance Committee.
E*TRADE Financial Japan (Nikkei), a diversified financial services company. Dr. Cotsakos served as a member of the company’s Audit Committee.
Forte Software (NASDAQ-FRTE), a leader in the integration and development of scalable enterprise-class distributed applications. Dr. Cotsakos served as a member of the company’s Audit Committee and Compensation Committee. The company was acquired by Sun Microsystems.
Digital Island (NASDAQ-ISLD), a leading global e-business delivery network. Dr. Cotsakos served as a member of the company’s Compensation Committee. The company was acquired by Cable and Wireless.
Official Payments Corp. (NASDAQ-OPAY), a leading provider in electronic government payments including personal income taxes, business taxes, property and real estate taxes, and utility and education payments acquired by Tier Technologies Inc. Dr. Cotsakos served as a member of the company’s Audit Committee.
National Processing Company (NYSE-NAP), a provider of business transaction processing from point-of-sale credit card processing to e-commerce solutions. Dr. Cotsakos chaired the company’s Compensation Committee.
Critical Path (NASDAQ-CPTH), a consumer messaging software and services company for mobile operators.
TradeStation Group, Inc. (NASDAQ-TRAD), a leader in rule-based trading. Dr. Cotsakos served as a member of the company’s Audit Committee and Compensation Committee.
PlanetRX (NASDAQ-PLRX), an online healthcare destination and pharmacy for commerce, content, and community. Dr. Cotsakos served as a member of the company’s Compensation Committee.
Tickets.com (NASDAQ-TIXX), a leading business-to-business ticketing service for live events.
Stamps.com (NASDAQ-STMP), a leading internet postage company.
Webvan Group, Inc. (NASDAQ-WBVN), a leading online grocery delivery business. Dr. Cotsakos served as a member of the company’s Compensation Committee. Dr. Cotsakos was also elected chairman of the board to assist Webvan's executive team and board with its strategic exit alternatives.
PRIOR DIRECTORSHIPS AND COMMITTEE CHAIRS/MEMBERSHIPS
BOARD OF DIRECTORS – PRIVATE COMPANIES
ACNielsen, a leader in global media and research company acquired by VNU. Dr. Cotsakos was co-chair of the company Executive Committee.
Inmar Inc., a technology company that operates intelligent commerce networks. Dr. Cotsakos chaired the company’s Technology and Innovation Committee. The company was acquired by ABRY Partners, LLC.
DataCard, a leader in secure ID and personalized smart card services.
MySpace Japan, a social networking site. Dr. Cotsakos chaired the Executive Committee of the company.
E*Offering, a diversified on-line financial institution. Dr. Cotsakos served as a member of the company’s Audit Committee. The company was acquired by WIT Capital.
Fourth Communication Network, an internet service provider that delivered high speed access for consumers in the lodging industry.
ePlay Inc., a learning, educational, and software company that provided tutorial products to children, teachers, and parents.
OPEN Sports, a leading fantasy sports gaming company. Dr. Cotsakos served as a member of the company’s Compensation Committee.
PRIOR DIRECTORSHIPS AND COMMITTEE CHAIRS/MEMBERSHIPS
BOARD OF DIRECTORS – NON-PROFITS
New York Stock Exchange’s Listed Advisory Committee, an advisory council of select NYSE listed company chief executives who provided issues-based counsel for the Chairman and CEO as well as the senior management team of the NYSE.
Vietnam Veterans Memorial Fund’s Corporate Council, a network of business executives who assist in directing both the fundraising and distribution of funds through targeted educational programs associated with Vietnam Veterans.
Corporate Council for the John F. Kennedy Center, America’s national center for cultural and performing arts.
Pepperdine University’s board of visitors, a network of prominent business leaders and alumni who counsel Pepperdine University’s Graziadio School of Business and Management.
Through his extensive experiences in start-ups, venture capital, Fortune 1000 companies, board chairs and directorships, and advisory services, Dr. Cotsakos has helped companies raise several billion dollars in public and private equity and debt financing.
Dr. Cotsakos has also provided senior advisory services and counsel on technology, globalization, organization and development, sales and marketing, mergers and acquisitions, financing, product development and innovation, transaction processing, e-commerce, marketing and media research, new media, logistics, corporate governance, and exit strategies at critical junctures in companies' growth cycles.
Dr. Cotsakos served as a technical advisor at President Clinton’s first Cyber Security Summit at the White House.
Dr. Cotsakos served as an advisor to the Military in the Information Age, a project on national defense and security systems technology sponsored by the Pentagon.
Dr. Cotsakos served as chairman of the Council of Economic Advisors for the National Democratic Party’s candidate for the President of Liberia. Dr. Cotsakos also served as a Senior Economic and Campaign Advisor for the National Democratic Party's candidate for the President of Liberia.
GOOD CAUSES AND NON-PROFITS
Dr. Cotsakos is personally engaged in various civic and community activities with the Cotsakos trust. The Cotsakos trust focuses on education, veterans’ affairs, community outreach, and wildlife and environmental preservation.
The Cotsakos trust has provided seed and operating capital for the Vietnam Veterans Memorial Fund and its outreach programs including Project RENEW, the Vietnam Veterans Memorial Fund's unexploded ordinance removal and awareness program in Quang Tri Province, Vietnam; the establishment of the computer learning center at Hanoi University of Foreign Studies; and Echoes from The Wall, a Vietnam War educational curriculum distributed to 40,000 schools throughout the United States, among other projects.
Dr. Cotsakos enlisted in the military in 1967. He is a decorated Vietnam combat veteran. Dr. Cotsakos (then Sergeant Cotsakos) served in Vietnam as a fire team leader and squad leader with Bravo Company, 2nd Battalion, 501st Infantry, 101st Airborne Division (known as the Screaming Eagles). Dr. Cotsakos was honorably discharged from active military service.
Bronze Star Medal with V Device for Valor
Army Commendation Medal with V Device for Valor
Purple Heart for wounds received in combat
Air Medal for meritorious achievement in flight
Vietnam Service Medal
Vietnam Campaign Medal
Combat Infantryman Badge
Parachutist Badge, as well as other ribbons and citations
B.A. in Communications (cum laude) with a minor in Theatre and a concentration in Political Science from William Paterson University (1973)
M.B.A. (summa cum laude) from Pepperdine University (Malibu, California, 1983)
Ph.D. (with distinction) in Economics from the University of London, Imperial College of Science, Technology and Medicine (London, United Kingdom, 2002)
Dr. Cotsakos also earned a lifetime teaching credential in Industrial Management for the California community school system (1984)
INTERNATIONAL SPEAKER AND LECTURER
Dr. Cotsakos has been an international speaker on a variety of topics including the global economy, e-commerce, leadership, chaos and uncertainty in the digital environment, landmine awareness, education and removal and veterans’ affairs. He has spoken at venues such as the Davos World Economic Forum, MSNBC’s Summit I and II hosted by Tom Brokaw, and on cable and network television including Bloomberg, CNBC, CNN, CNNfn, FOX, MSNBC and NBC. He has also provided commentary on nationally syndicated radio and lectures at leading colleges and universities.
Dr. Cotsakos was invited to become a Visiting Professor of Economics at the University of London, Imperial College of Science, Technology and Medicine.
NATIONAL BEST SELLING AUTHOR
Dr. Cotsakos is the national best-selling author of It’s Your Money, which has over 275,000 copies in print in several languages worldwide. Dr. Cotsakos donated all proceeds from the book to Vietnam veterans’ projects.
He is currently authoring several additional books on entrepreneurship, marketing, and strategy.
Dr. Cotsakos served on the board of directors of the Enterprise Development Corp. of South Florida (EDC), a nonprofit organization that assists emerging science and technology companies.
Dr. Cotsakos served as a Senior Fellow in Entrepreneurship at Pepperdine University’s Graziadio School of Business and Management.
Dr. Cotsakos served as co-chair of the Vietnam Veterans Memorial Fund with Senator Charles Hagel (R-Nebraska) and James V. Kimsey (Founder and Chairman Emeritus of AOL). Established in 1979, the Vietnam Veterans Memorial Fund built the Vietnam Veterans Memorial in Washington D.C. (also known as the Wall). Today, through a series of outreach programs, the organization works to preserve the legacy of the Vietnam Veterans Memorial, promote healing, and educate about the impact of the Vietnam War.
Dr. Cotsakos served as the founding chairman with honorary chairman, Former Secretary of State General Colin Powell (retired), of the Education Center At the Wall. America’s Legacy of Service is a visitor and education facility being built underground near the Vietnam Veterans and Lincoln Memorials. It will help the millions of annual visitors to The Wall learn about the Vietnam Veterans Memorial, as well as the Vietnam War, and will pay tribute to all the men and women who served in all of America’s wars. In 2003, President George W. Bush signed into law H.R. 1442, which authorized the construction of this visitor center.
Dr. Cotsakos served as co-chair of the Capital Campaign at William Paterson University. The Campaign successfully raised over $40 million for the University.
Dr. Cotsakos is the fourth of five children of Greek parents.
Dr. Cotsakos and his wife, Tami Cotsakos, both grew up in Paterson, New Jersey. They attended Paterson’s public schools (Dr. Cotsakos: PS 15 and Mrs. Cotsakos: PS 21 and PS 26) and are graduates of Eastside High School (1965 and 1967, respectively). Mrs. Cotsakos has a B.S. in Music from William Paterson University (1971) and Dr. Cotsakos’ daughter, Suzanne, has a B.A. in Theatre Arts from Pepperdine University (2002), a B.F.A. in Motion Pictures and Television from the Academy of Art University (2004), and an M.B.A. from the Cotsakos College of Business, William Paterson University (2009). Suzanne is also an active member of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA).
Tami and Suzanne Cotsakos are successful serial entrepreneurs.
Dr. Cotsakos enjoys spending time with his family and friends, mentoring entrepreneurs, reading, writing, teaching, participating in Chanoyu (the Japanese tea ceremony of the Urasenke School of Tea), creating new business opportunities, building new media engagement and monetization platforms, developing innovative technology solutions, analyzing big data, advising executive management and boards, and developing educational, civic, and community projects.
MEDIA AND INDUSTRY RECOGNITION
100 People Who Have Changed the Way Americans Think About Money (Worth September 2001)
25 Most Influential Personalities in Financial Services (Future Banker May 2001 and May 1999)
The Online Finance 40 (Institutional Investor April 2001)
Executive of the Year (Hellenic American Bankers Association March 2001)
The CIO 100 (CIO August 2000)
The E-Establishment: The Top 50 Technology Leaders (Vanity Fair April 2000)
The Financial Online Elite (Institutional Investor April 2000 and September 1997)
Powerful Wall Street Pioneers (Wall Street Journal December 1999)
The 50 Most Important People Shaping Technology Today (Time Digital October 1999)
The e.biz 25 Most Influential People in Electronic Business (Business Week September 1999)
Power 50 – The Most Influential People in Financial Services (American Banker May 1999)
The 25 Most Powerful People in Networking (Networld January 1999)
Entrepreneur of the Year USA (Entrepreneur of the Year Institute November 1998)
Entrepreneur of the Year California (Entrepreneur of the Year Institute June 1998)
The Top 50 Cyber Elite (Time Digital October 1998)
The New Entrepreneurial Elite (Inc. December 1997)
Top 10 Visionary CEOs (Communications Week February 1997)
Thirty Who Matter in Technology (Forbes ASAP October 1996) President’s Award for Excellence and Leadership (Dun & Bradstreet 1995)
Chairman’s Award for Global Leadership (Dun & Bradstreet 1993)
Chief Operating Officer’s Five Star Award for Leadership and Innovation (Federal Express 1984)
HONORARY DOCTORAL DEGREES
Doctor of Humane Letters (American College of Thessalonica; Thessalonica, Greece July 2003)
Doctor of Humanities (Hellenic College; Brookline, Massachusetts May 2002)
Doctor of Laws (Pepperdine University; Malibu, California April 2002)
Doctor of Business Administration (Drexel University; Philadelphia, Pennsylvania, April 2002)
1st Honoree for Lifetime Achievement (US Army Medical Command Japan Association, 2008)
Unexploded Ordinance Humanitarian Award (Quang Tri Province, Vietnam April 2005)
Hellenic Heritage Achievement Award (American Hellenic Institute, Inc. March 2002)
Hellene of the Year Award (Hellenic Medical Society December 2001)
Man of the Year Award (Hellenic-American Chamber of Commerce October 2001)
Sons of Pericles Supreme President Award (Order of the Sons of Pericles July 2001)
Ellis Island Medal of Honor (National Ethnic Coalition of Organizations Foundation May 2001)
Greek Orthodox Youth Scholarship Patron Award (New Jersey Greek Orthodox Foundation November 2006)
Forever Worthy in Community Service Award (Saint Athanasios Greek Orthodox Church November 2000)
Eastside High School Hall of Fame (Eastside High School; Paterson, New Jersey May 2012)
Psion Award (Dissertation of the Year; Management School, University of London, Imperial College of Science, Technology and Medicine; London, United Kingdom April 2003)
Legacy Award (William Paterson University; Wayne, New Jersey November 1999)
Distinguished Alumnus Award (Pepperdine University; Malibu, California August 1999)
For further information, please contact:
Pennington Ventures, LLC