An original member of ICG’s advisory board, Doug joined the company full-time in September 1997 as Managing Director, and was appointed President of ICG in January, 2009. Doug has had many roles at ICG including CEO of WiseWire Technologies, which was successfully sold to Lycos; Chairman of Verticalnet through its IPO; CEO of ICG Europe; and CEO of Traffic.com, which was later successfully sold to Navteq. In addition to these roles, Doug’s primary focus at ICG has been to sponsor and oversee investments in several partner companies that have included Blackboard (Nasdaq: BBBB), Verticalnet (Nasdaq:VERT), eMerge Interactive (Nasdaq: EMRG), Arbinet-thexchange (Nasdaq: ARBX), WiseWire (acquired by Lycos), LinkShare (acquired by Rakuten), CreditTrade (merged with Creditex Group), Creditex (acquired by IntercontinentalExchange (NYSE: ICE)), StarCite (Acquired by Active (Nasdaq: ACTV)), Traffic.com (acquired by Navteq), ClickEquations (acquired by Channel Intelligence), and Investor Force. Doug currently serves on the boards of Channel Intelligence, GovDelivery, Investor Force, SeaPass, Procurian and WhiteFence. Additionally, Doug serves as the co-Chairman of NFTE Philadelphia, is a member of the President’s Advisory Board for Eisenhower Fellows and is Chairman of the Management & Technology Executive Board at the University of Pennsylvania.
Prior to joining ICG, Doug co-founded Reality Online in 1989. Reality Online was an early innovator in the development of award-winning financial planning tools and online services aimed at the individual investor. With the advent of the Internet, Doug transformed the company into a leading provider of Internet solutions to the retail brokerage industry, and then sold the company to Reuters in February 1994. Over the following 3 years, Doug became a key contributor to Reuters’ many Internet initiatives and a frequent speaker on the Internet and its impact on the financial services industry. Prior to co-founding Reality Online, Doug was a partner with Strategic Management Group, a corporate training firm and three-time Inc. 500 company.
Education: University of Pennsylvania, B.S., Electrical Engineering; Wharton School of Business at the University of Pennsylvania, B.S., Economics
Here are some of Doug’s favorite games:
Settlers of Catan – We have had many happy late nights with friends playing this Settlers. I also love the iPad version.
Ticket to Ride – This is another one where I am addicted to the iPad version.
Carcassone – My 16 year old daughter consistently beats me on this one.
Axis and Allies: D-Day – I love this board game as it earned my son an ‘A’ in history class.
Battle of the Bulge – I know this will be one of my favorites on the iPad after seeing the galleys [Galleys – how quaint, he means the paper prototype].