Board of Directors
Peter L. Corsell, Chairman
Peter L. Corsell is an entrepreneur and investor known for successfully bringing emerging technologies to market. MIT’s Technology Review recognized him as one of the world’s top innovators under age 35, the World Economic Forum named him a Young Global Leader, and the National Association of Corporate Directors included him on its inaugural list of leading directors under 40. He is a member of the Council on Foreign Relations.
Corsell is Chairman of GridPoint, which he founded in 2003 and led as CEO until 2010. An established cleantech leader and pioneer in the Internet of Things, GridPoint enables businesses, utilities and government agencies to maximize energy savings and environmental sustainability. The company has deployed more than 450,000 connected devices and has saved its customers more than 2.4 billion kilowatts of energy. GridPoint has received honors from The World Economic Forum, Bloomberg Businessweek and The Guardian, and has been featured in books by Thomas Friedman, Fred Krupp, Robert Galvin and Kurt Yeager.
Corsell is also the founder and CEO of Hubub, a digital platform for exploring and discussing interests. Users create multimedia channels, or “hububs,” that provide a stream of related content including videos, articles, blogs, polls and debates. Hubub has raised $15 million to date, including a $5 million strategic investment from Bell Media, Canada’s premier multimedia company.
Corsell is also a driving force behind other venture-backed technology companies. He is a founding investor and board member at inStream, the leading cloud-based wealth management platform for independent financial advisors; Trenchware, a provider of advanced cybersecurity solutions to U.S. corporations and government agencies; Clearpath, a cloud-based service that streamlines the U.S. immigration application process; and Kichink!, the leading e-commerce platform in Mexico, home to more than 30,000 online stores.
Corsell serves on the board of the Wolfsonian Museum in Miami Beach, a collection focused on social, historical and technological change. Earlier in his career, Corsell served with the U.S. Department of State in Havana, Cuba, and as a political analyst at the Central Intelligence Agency. He holds a BSFS degree from the Edmund A. Walsh School of Foreign Service at Georgetown University.
Todd M. Raba is President and Chief Executive Officer of GridPoint. Mr. Raba has more than 30 years of experience in leading large, highly competitive organizations to success. Most recently, Mr. Raba held the position of Chairman, President, and Chief Executive Officer of the Johns Manville Company (A Berkshire Hathaway Company), a leading manufacturer and marketer of premium-quality building products. Mr. Raba also served as President of the MidAmerican Energy Company (A Berkshire Hathaway Company), Iowa’s largest electric and gas utility, with revenues in excess of $3.2 billion and over 3,500 employees. Prior to the MidAmerican Energy Company, Mr. Raba served as Regional Vice President of Rollins Environmental Services, Inc. acquired by Laidlaw, Inc. in 1997. Mr. Raba earned a Bachelor of Science in Forestry from the University of Vermont.
Fred Stephan is senior vice president and general manager for Johns Manville’s (A Berkshire Hathaway Company) Insulation Systems business. He is a Board Director for the Alliance to Save Energy (ASE) and currently serves as Chairman of the Board of the North American Insulation Manufacturers Association (NAIMA). Mr. Stephan’s previous leadership roles within JM include vice president and general manager of the Roofing Systems Business, vice president of Information Technology and Business Process Simplification and vice president and general manager of JM’s Engineered Products Group’s High Performance Nonwovens business. Prior to joining Johns Manville in 2004, Mr. Stephan spent 18 years in a variety of roles in a number of General Electric’s business units including Consumer and Industrial, Plastics, Power Systems and GE Lighting Systems, Inc., where he served as president and CEO. He received his B.S. in electrical engineering from Purdue University.