Board of Directors
Chairman of the Board
Charles Hutchinson, PhD, Chairman of the Board, was Dean of the Thayer School of Engineering, Dartmouth College from 1984 until 1994 and again from 1997 to 1998. While Dean of Thayer he established the Master of Engineering Management program and in 2007 helped establish the PhD Innovation Program. The latter modifies and supplements the doctoral engineering curriculum with entrepreneurial studies, the goal being to equip engineering students to start companies. Dr. Hutchinson’s interest in entrepreneurship is longstanding: In 1997, he founded M2S, a company specializing in medical data and image management services for clinical trials. In 2000, he co-founded the technology start-up GlycoFi Inc., which creates bio-therapeutics based on glycan optimization technology and was acquired by Merck in 2006 for $400 million. Finally, in 2007 he was among the co-founders of SustainX.
Thomas M. Zarrella
Thomas Zarrella was appointed CEO and President of Sustain X in July 2010. Prior to joining SustainX he was President and Chief Executive Officer of GT Solar International. Before joining GT Solar, Zarrella headed Schott Solar AG's manufacturing operations in Billerica, Mass., where he was instrumental in transforming the research and development oriented company into a full-scale manufacturer of photovoltaic products. Zarrella previously directed manufacturing and North American Operations for Instron Corporation. He also held corporate positions at several companies, including Revere Corporation, Sprague Meter (Textron, Inc.), and Sikorsky Aircraft (United Technologies). Zarrella holds a bachelor of science degree in mechanical engineering from the University of Connecticut and master’s degree in business administration from the University of Bridgeport.
As SustainX’s Vice President and General Manager, Dax Kepshire, Ph.D. is responsible for managing the company’s day-to-day operations and is an active participant in developing the company's strategic direction. In 2007, while pursuing a doctorate at Dartmouth’s Thayer School of Engineering, he co-founded SustainX and served as its President until 2010. During that time Dr. Kepshire secured a total of $11M in Series A and non-dilutive funding, assembled the core engineering team, forged relationships with strategic partners, and positioned the company as a world leader in compressed air energy storage. Prior to founding SustainX, his primary focus at Thayer was on medical device engineering; most notably the development of technologies for image guided neurosurgery and small-animal molecular imaging. Dr. Kepshire holds an M.S. and Ph.D from the Thayer School of Engineering, he is the lead author of six peer-reviewed scientific publications, and is named as an inventor on two published US patent applications.
Terry McGuire, MBA, MS is a co-founder and general partner of Polaris Venture Partners. Prior to starting Polaris, Terry spent seven years at Burr, Egan, Deleage & Co. investing in early stage medical and information technology companies. Terry began his career in venture capital at Golder, Thoma and Cressey in Chicago. Terry has co-founded three companies: Inspire Pharmaceuticals, AIR (Advanced Inhalation Research, Inc.), and MicroCHIPS. Mr. McGuire is Chairman Emeritus of the National Venture Capital Association, which represents ninety percent of the venture capitalists in the United States. He served as Chairman from 2009-2010. He chairs the Board of Overseers of the Thayer School of Engineering, Dartmouth College and serves on the boards of MIT’s David Koch Institute for Integrative Cancer Research and the Arthur Rock Center for Entrepreneurship, Harvard Business School. Terry is a recipient of the 2009 Massachusetts Society for Medical Research Award, and the 2005 Albert Einstein Award for Outstanding Achievement in the Life Sciences, awarded by Forbes/Gottlieb Medical Technology Investor, Harvard MIT Biomedical Engineering Center, the New Jerusalem Foundation, the Jerusalem Development Authority, and Rodman and Renshaw.
David Prend, MBA, BS, Managing General Partner at RockPort Capital, began his career in alternative energy almost three decades ago as an engineer at Bechtel specializing in advanced energy technologies. He worked at Amoco in the chemical and upstream oil and gas subsidiaries and in finance. He later joined Shearson Lehman in their Natural Resources Investment Banking Group, where he advised companies in the energy, mining, and forest products industries. He spent the bulk of his Wall Street career at Salomon Brothers, where he was promoted to Managing Director and headed the Global Energy Investment Banking Group until co-founding RockPort in 1998. Mr. Prend has served as director of the Advisory Council of the Department of Energy’s National Renewable Energy Laboratory and as chairman of NREL’s Solar Technology Review Panel, and member of the Board of Directors of the National Venture Capital Association (2007—2011).
Paul McDermott, MBA is a Managing Partner at Cadent Energy Partners, where he is responsible for strategic analyses, managing deal origination and investor relations as well as overall Cadent management. He has been involved in the energy business since 1979, primarily as an investor of private equity capital on behalf of institutional investors. His experience extends through many sectors of the energy industry including oil and gas exploration and production, oilfield services, natural gas transmission, petroleum products distribution and electric power generation and related service companies. From 2001 to 2003, he was a Managing Partner of RBC Capital Partners. In that capacity, he was responsible for the formation and management of the RBC Energy Fund. From 1996 to 2001, Mr. McDermott formed Energy Investment Corporation, a consulting firm providing advisory services to major corporations and financial sponsors. From its founding in 1980 to 1995, he was a principal with First Reserve, a private equity fund manager specializing in energy industry investments. As a Managing Director from 1986 through 1995, Mr. McDermott’s responsibilities at First Reserve included sourcing, investing capital in and managing the activities of portfolio companies.