Board of Directors


Howard Aiken

Mr. Aiken is Chief Executive Officer and Chairman of Vermont Information Processing (VIP). Mr. Aiken began his distinguished career as an engineer at IBM 40 years ago and then followed his entrepreneurial calling to create VIP over three decades ago. VIP is headquartered in Burlington, Vermont and initially started as a shared computer services provider. Mr. Aiken has since grown VIP to become the largest software-as-a-service provider to the beverage industry serving over half the supplier’s in the industry with high quality accounting and technology solutions.

Larry A. Bettino

Larry Bettino has 19 years of private equity and venture capital investment experience. He is currently a Partner at StarVest Partners, a New York – based venture capital firm focused on technology-enabled business services that take advantage of next-generation internet and information technologies. He was a Partner and Managing Director of Warburg Pincus, joining the firm in September 2001 to lead the firm’s investment activities in telecommunications and information technology, and a member of the firm’s executive management group. Prior to joining Warburg Pincus, he was a founding partner at Baker Capital. From 1989 to 1996 he was a partner with Dillon Read Venture Capital where he focused on technologyand data communications investments. An experienced engineer, he held a series of technical and management positions at IBM. He received his B.S. (1982) in electrical engineering from Rensselaer Polytechnic Institute and an M.B.A. from Harvard Business School (1989). Mr. Bettino has been a member of the Board of Directors of several public and private companies: Accept Software (on-demand product innovation and management software), IRON Solutions (Data-as-a-Service provider: The largest farm equipment transaction information database), Passenger (the technology leader in on-demand customer collaboration), LSSiCorp. (the leading provider of international directory database services); MACH SA (based in Luxemburg – the global leader of mobile telephony data services); and Telcordia Technologies (the world’s largest provider of Operational Support Software to tier-one communications carriers and one of the largest technology leveraged buyouts of the last several years).Mr. Bettino is a member of the Board of Trustees of the Citizen’s Budget Commission, a non-profit civic organization committed to influencing constructive change in the finances and services of New York State and New York City governments. He is a member of the Board of Advisors of the Adventis, the global management consulting firm. He lives in Bronxville, NY with his wife and three children.

James Chin

James J. Chin is the Senior Vice President, Chief Capital Markets Officer of MacAndrews & Forbes Holdings Inc., a holding company with interests in a diversified portfolio of public and private investments. Mr. Chin is actively involved in the investment and portfolio management activities of MacAndrews & Forbes and is responsible for the structuring and execution of all capital markets transactions for the company. Prior to joining MacAndrews & Forbes, Mr. Chin was an investment professional at Warburg Pincus, a global private equity firm.  As Vice President of Capital Markets at Warburg, he supervised financing transactions raising over $32 billion in both the equity and debt capital markets for the firm’s portfolio companies, including the financings for all leveraged buyout investments and all portfolio company initial public offerings. Prior to Warburg Pincus, Mr. Chin was an investment banker in the leveraged finance, project finance and corporate finance groups of Goldman Sachs while based in both New York and Hong Kong. Mr. Chin currently serves on the Board of Trustees of the China Institute as chairman of the Development Committee. Mr. Chin also serves on the Yale Law School Fund Board. Mr. Chin is a graduate of the Yale Law School and Amherst College.

John H. Elyer

John Eyler retired from Toys “R” Us, Inc. as President and Chief Executive Officer in July, 2005. Mr. Eyler joined Toys “R” Us in January, 2000. Prior to joining Toys “R” Us, Inc., Mr. Eyler was Chairman and Chief Executive Officer of FAO Schwarz in New York. He joined FAO Schwarz in 1992 from Hartmarx in Chicago, where he served as Chief Executive Officer of its retail subsidiary. Earlier in his career, Mr. Eyler was the Chairman and Chief Executive Officer of MainStreet, a division of Federated Department Stores, Inc. He began his retail career at The May Department Stores Company, and was named President and Chief Executive Officer of May Company’s May D&F in Denver at age 32. Mr. Eyler was Chairman of the Board of Directors of Toys “R” Us, Inc., and a Board member of The Toys “R” Us Children’s Fund, Inc. while at Toys “R” Us. He also served on the Board of The Andre Agassi Charitable Foundation for eight years, and was a member of the NYC 2012 Board, an effort to bring the 2012 Olympic Games to New York City. Mr. Eyler also served as a Board Member for the Donna Karan Corporation, April 9, 1999 to November 27, 2001 and served on the Special Committee of the Board that successfully sold the company. For the past five years Mr. Eyler has served as President of Titan Sculpture Inc. which represents Roberto Santo’s sculptures and paintings globally. In addition he manages a charitable foundation that he created upon his retirement with a primary focus on improving the lives of children. A graduate of the University of Washington in 1969 with a degree in Finance, Mr. Eyler received an MBA from the Harvard University Graduate School of Business in 1971.

Marc H. Michel

Marc has over 20 years of private equity and venture investment experience and was a founding Director of Metamorphic Ventures before joining as a Managing Partner. Marc was formerly Group Head at TD Capital (USA) in New York, TD Bank’s $500 million private equity fund focused on the media and communications sectors. Prior to joining TD Capital, Marc was the Managing Partner of EOS Partners SBIC, a $60 million venture capital fund focused on business services and communications. Marc began his career at Merrill Lynch Interfunding, a $1.3 billion middle market buyout fund. Marc has spent his entire career helping entrepreneurs build their businesses across the entire lifecycle of over 45 businesses. He has helped management teams build their executive teams, develop their operational and corporate finance strategy and assisted them with executing financings of every type both public and private. Marc has served on numerous boards of directors in partnership with management and co-investors. Marc has been involved in many successful companies including Coinstar, Accrue Software, CADIS Software, Open Development Software, DTS Systems, Precyse Solutions, Telemundo, Robb Report, Reiman Publishing, Alaska Native Wireless, Tritel PCS, Triton PCS, Wireless One, Mountain Union Telecom, Brooks Fiber, Bresnan Cable, and FrontierVision Cablesystems. Marc graduated with a BA degree from Emory University in 1983 and a MBA from Wharton School of Business of the University of Pennsylvania in 1987.

Edward Taibi

Edward Taibi is a Senior Vice President of MacAndrews & Forbes Holdings Inc. He joined MacAndrews & Forbes in 2004. Prior to joining MacAndrews & Forbes, Mr. Taibi was a mergers & acquisitions and finance attorney with the law firm Skadden, Arps, Slate, Meagher & Flom LLP, including a tenure at affiliated firm Chiomenti Studio Legale in Milan, Italy. Mr. Taibi holds a J.D. from New York University School of Law and a B.A. from Rutgers College.

Joe Proto, Chairman and Chief Executive Officer

Joe Proto became Chairman and Chief Executive Officer of Transactis Inc. in 2007 as part of his three decades in the billing and payments industry as a senior executive and successful entrepreneur. Prior to Transactis, he launched REMITCO, a remittance processing company which was acquired in 2000 by First Data, as well as Financial Telesis (CashFlex) which was acquired in 1992 by CoreStates, now part of Wells Fargo. Mr. Proto also co-founded Windham Ventures (an innovation leader in life sciences technology), and is an LP with Metamorphic Ventures (focused on transactional media). Joe is a member of various financial services associations and has been a frequent speaker at conferences in the payments industry.

James Fornari, ESQ., Chief Legal Officer

Jim Fornari has more than thirty-five years experience as a trial lawyer in New York and numerous federal trial courts throughout the United States. He specializes in Intellectual Property, product liability defense and commercial litigation, emphasizing pharmaceutical and medical appliance defense in federal and state cases. Representative of Mr. Fornari’s broad litigation experience, he has served as Lead counsel to the largest U. S. manufacturer of industrial materials handling equipment, lead trial attorney for Baxter International in the silicone breast implant cases and trial counsel on Commercial and patent litigation in the ATM litigations and Teller card encryption litigation (Lemeison) In addition to his extensive litigation experience, Mr. Fornari has counseled corporate and real estate clients and has been actively involved as a principal and counsel to a number of businesses in structuring financing transactions, negotiation acquisitions, real estate and asset transfers and representing entities in public and private securities offerings.