Arctaris Annual Impact Report: Building to Endure

Secretary Ray Mabus

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Raymond Edwin Mabus, Jr. served as the U.S. Secretary of the Navy from 2009 to 2017. In this role, he opened all jobs to women, aggressively moved to alternative energy as a warfighting measure, built more than twice as many ships during his term than in the preceding eight years and developed the Gulf Coast Restoration Plan after the Deepwater Horizon oil spill. During Mabus’ tenure as Governor of Mississippi from 1988 to 1992, Mississippi experienced record growth in jobs, education, tourism and exports. From 1994 to 1996, Mabus was the U.S. Ambassador to the Kingdom of Saudi Arabia and was CEO of a Foamex from 2006 to 2007. Today, Mabus is a chairman of InStride and a director of two public companies. He is a member of the Council on Foreign Relations and the Explorers Club. Mabus received a bachelor’s degree, summa cum laude, from the University of Mississippi, a master’s degree from Johns Hopkins University, and a law degree, magna cum laude, from Harvard Law School.

Wallace Mathai-Davis

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Wallace Mathai-Davis has more than 25 years of experience as an international asset manager and merchant banker. He was responsible for investment in China, South America , Eastern Europe and Europe and held C-suite senior management positions with leading U.S. financial institutions including 16 years as a Partner, Managing Director and COO with OFFITBANK . He is currently on the Board of Directors of private companies in China, Germany and the United States. Mathai-Davis has extensive experience investing in Greater China and the merchant bank he co-founded there has represented various Global 500 companies on a wide range of direct investments in China. Mathai-Davis is an economic sociologist and holds a doctorate and master’s degree from Princeton University. He graduated summa cum laude, receiving a bachelor’s degree in philosophy from Notre Dame, where he also held a National Defense Fellowship for Soviet Studies. Mathai-Davis was a member of the Graduate Research Faculty of Stony Brook University where he won multiple awards as a professor. He is published in academic journals and regularly speaks on investment markets.

William McEnroe

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William (“Will”) McEnroe is currently CEO and Managing Director of 4Pines Advisors. Prior to founding 4Pines Advisors, Will was a founding partner of both FTS and Andersen Tax (a national tax advisory firm / RIA and formerly part of HSBC) and was head of the alternative investment tax group. He was also a member of the IAS (Investment Allocation Services) investment committee at Andersen Tax and was a firm wide resource on alternative investments and family office structures.
Will has over 30 years of experience in advising clients on business and diverse tax matters, including extensive knowledge of alternative investments, partnership taxation, cross-border taxation, and multistate taxation.

Kevin Prokop

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Kevin co-founded Rockbridge Growth Equity, LLC in 2007. Kevin sits on the Board of Directors of several Rockbridge portfolio companies including Northcentral University, Protect America, Connect America, ABUV Media, Kings III Emergency Communications and GSTV.

Kevin was Managing Director at Questor Partners Fund, a $1.1 billion private equity firm. Prior to Questor, Kevin was an engagement manager with McKinsey & Co.

Kevin is Vice Chairman of New Detroit and is actively involved in Detroit Renaissance’s “Road to Renaissance” effort. He currently sits on the Board of Directors of the Citizens Research Council, a non-partisan public policy research organization. In 2007, Kevin was appointed by Michigan’s State Legislature to be Co-Chairman of the State of Michigan’s Commission on Governmental Efficiency, a private sector commission established to make recommendations to address the state’s fiscal health.

Kevin received Buyouts magazine’s “Turnaround of the Year” award in 2006, which is presented annually to the private equity sponsor who engineered the year’s most dramatic turnaround. Kevin was also named to the “40 under 40” list in Crain’s Detroit Business in 2006. Kevin is a frequent speaker and panelist at conferences on private equity and has spoken at the Massachusetts Institute of Technology (MIT) and the University of Pennsylvania’s Wharton School. He has also written numerous articles on business strategy, private equity and public policy issues and was recently published in The Journal of Private Equity and in a book edited by Harvard Business School’s Robert Kaplan.

Kevin previously served on the Board of Directors of One Reverse Mortgage, Account Now, One on One Marketing, Purchasing Power and Triad Retail Media.

Kevin earned his Master of Business Administration from the University of Chicago, where he graduated summa cum laude and first in his class with a perfect grade point average. He also earned a Bachelor of Business Administration from Georgetown University, where he graduated with distinction.

Michael Raftis

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Michael Raftis is the Senior Vice President and Corporate Treasurer at Erie Insurance, where he oversees all aspects of the corporate tax life cycle, including tax accounting, compliance, policies, and tax credit investments. Mike joined Erie Insurance Group in 2020 after spending a decade in the Pittsburgh office of Ernst and Young LLP as a senior manager in the tax advisory group.

Mike is an active member of the Erie Insurance Derivative Risk Committee and the Tax Credit Investment Committee, a participating member of the Investment Committee and Audit Committee of the Board, and Board Director for several subsidiaries in the Erie Insurance Group structure. Mike is a Certified Public Accountant and holds a B.S. and M.S. in Accounting, both from Pennsylvania State University.

Mike is an active community member, serving as Board treasurer for several organizations, including the Erie Downtown Equity Fund, the investment arm of the Erie Downtown Development Corporation and Erie DAWN.

Beverly Norman-Cooper

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Beverly Norman-Cooper is the former Executive Director of National Supplier Diversity at Kaiser Permanente, where she oversaw increased spend with certified women- and minority-owned companies from approximately $1.3 billion when she took the role in 2015 to more than $2.3 billion when she retired from the health care company in 2018.

In 2014, Kaiser Permanente became the first health care provider in the nation to sit at the prestigious Billion Dollar Roundtable, a small group of industry-leading companies that spend $1 billion with diverse suppliers annually.

Norman-Cooper’s tenure at Kaiser Permanente spanned more than 18 years in various consulting and staff roles. She has led successful projects as Communications and Change Management Director for Kaiser Permanente’s Chief Financial Officer and as Executive Consultant to the Senior Vice President for Finance Operations.

In 2017, the supplier diversity program she led landed the organization on the list of 101 Most Admired Corporations in America by MBNUSA; earned the California Department of Insurance “Supplier Diversity Champion” Award; the National Minority Supplier Development Council (NMSDC) – Corporation of the Year – Corporate Development Award; Top Supplier Diversity Program by Professional Women’s Magazine; the Western Region Minority Supplier Development Council (WRMSDC) – Supplier Diversity Leader of the Year Award;  WRMSDC – Corporation of the Year Award; Black Enterprise “Top Companies for Supplier Diversity”;  one of the Top 9 corporations for supplier diversity by Diversity, Inc.; and “America’s Top Corporation” by the Women’s Business Enterprise National Council (WBENC). Norman-Cooper was also named one of the “Top 25 Women in Power Impacting Diversity” by Diversity Plus. In September 2020, she was a panelist on an Aspen Institute webinar, “Creating a Higher Form of Capitalism: How Business Can Be the Catalyst for the Revitalization of Urban Communities.”

She and her husband earned their MBAs from Columbia University in New York City, where they designed a customized curriculum centered around urban entrepreneurship.  She holds a Bachelor of Arts in Journalism (ABJ) from the University of Georgia.  She now lives in Baltimore, where she serves as a supply chain diversity consultant.

Mayor Michael Nutter

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After serving almost 15 years in the Philadelphia City Council, Michael Nutter was elected the 98th Mayor of his hometown in November, 2007 and took office in January 2008.

At his inaugural address, Mayor Nutter pledged to lower crime, improve educational attainment rates, make Philadelphia the greenest city in America and attract new businesses and residents to the city. He also promised to lead an ethical and transparent government focused on providing high quality, efficient and effective customer service. With the support of an experienced, professional staff, Mayor Nutter made significant progress on every pledge: homicides were at an almost 50 year low at the end of his tenure; high school graduation and college degree attainment rates increased significantly; Philadelphia added hundreds of miles in bike lanes and trails and launched the first low-income friendly bike share system in America, called Indego; and Philadelphia’s population grew every year since 2008, including the largest percentage of millennial population growth in the nation. Despite the damaging impact of the Great Recession, Philadelphia’s economy demonstrated significant growth—since January 2014, more than $11.5 billion of economic development projects have been completed, are under construction or announced.

Since leaving public service on January 4, 2016, Mayor Nutter has remained active in public policy, government, and civic life. In January 2019, the Department of Homeland Security announced that Mayor Nutter accepted an appointment to the Homeland Security Advisory Council. Columbia University’s School of International and Public Affairs (SIPA) announced his appointment as Professor of Professional Practice. In February 2019, CNN news media organization announced that Mayor Nutter became a political commentator for the network and in March 2019, Bloomberg Philanthropies announced his appointment as a Senior Fellow and national spokesperson for the What Works Cities program, working with mayors all across the United States.

Mayor Nutter is a life-long Philadelphian, born and raised in West Philadelphia and educated at the Wharton School at the University of Pennsylvania. He has been dedicated to public service since his youth. Mayor Nutter is happily married to his wife Lisa, and a proud parent to Christian and Olivia.

David Evans Shaw

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David Evans Shaw is prominent social and business entrepreneur, and currently serves as CEO of Black Point Group, with interests in public service and building sciencebased companies.

As a CEO and board member, Shaw has helped build more than a dozen successful technology companies in healthcare and other industries. Additionally, he is an experienced investor in science-based ventures via a career that has included partner and advisory roles with leading firms such as Venrock Associates, SVB Leerink, and Polaris Venture Partners. Shaw’s career began in government, in the State of Maine Executive Department, followed by several years building a leading food and agribusiness consulting firm with professor Ray A Goldberg at Harvard Business School. The opportunity to harness transformational technology in healthcare caused Shaw to found IDEXX Laboratories in 1983 and to serve as CEO and board chair for nearly 20 years. IDEXX is a world leader in veterinary medicine with a staff of more than 6000 people worldwide. Shaw has since played leadership roles in building Ikaria, Covetrus, Ironwood, Modern Meadow, Ovation, Cyteir and other firms.

Shaw’s career has included extensive public service in science, arts, conservation and public policy. He has served on the faculty of Harvard’s John F. Kennedy School of Government, and the advisory board of the Center for Public Leadership with interests in leadership, corporate governance and business social responsibility. He is Chairemeritus of The Jackson Laboratory, and led a period of transformational growth for this leading global genetics research institute. Shaw is Treasurer emeritus, trustee and a Fellow of the American Association for the Advancement of Science (AAAS) publisher of Science. He has been a global leader in science-based conservation of nature, both marine and terrestrial, as a trustee of the National Park Foundation during the US national park centennial, as founding chair of the Sargasso Sea Alliance and Aspen High Seas Initiative, as a Patron of Nature to the International Union for the Conservation of Nature, as a member of Ocean Elders, and as founder of Second Century Stewardship for America’s national parks. Shaw was appointed by President Clinton to the executive committee of the US-Israel Science and Technology Commission. He has served on the board of the US Olympic and Paralympic Museum, Maine Medical Center, Hurricane Island Outward Bound, the scientific advisory board of Discovery Communications, the advisory board of Just Capital, and a Fellow of The Explorers Club, a member of the Council on Foreign Relations and the Leadership Council of the Service Year Alliance.

Shaw has been awarded honorary degrees by Colby College, Bates College, Maine College of Art, and the University of Southern Maine. He is a recipient of the Leslie Cheek Medal from the College of William & Mary. Other honors have included induction into the Teddy Roosevelt Society, International SeaKeeper of Year, Blue Ocean Festival Wavemaker, Life Science Foundation Biotech Hall of Fame, honoree New York Restoration Project, UNH Entrepreneurship Hall of Fame, Maine Hall of Fame.

Beyond his leadership roles in business and public service, Shaw is active in supporting the arts including music, sculpture and film. He is founder of the Shaw public sculpture park at the Portland (Maine) Museum of Art, and a founding Advisory Board member of Curiosity Stream, a leading documentary film streaming service. Shaw has produced more than 100 documentary films videos, often for advocacy purposes, including these:

He has published articles in several journals including this piece in the AAAS journal Science Diplomacy: https://www.sciencediplomacy.org/letter-field/2014/protectingsargasso-sea. Additionally he has lectured widely around the world on social and business entrepreneurship.

Shaw is a survivor of viral encephalitis, an often-lethal brain injury, and this provided inspiration for a new institute for integrated brain health as Harvard Medical School and Mass General Hospital. He has since been a frequent speaker on neuroplasticity and contemplative science, at the Sages and Scientists Symposium, and other forums.

David Shaw is a father of 3 and grandfather of 11. He resides in Prouts neck, Maine and New York City.