Our Chairman and Chief Executive Officer, F. Peter Cuneo, is a recognized leader in corporate value creation and has reshaped the operations of seven companies in the global media and consumer products sectors in the past 35 years. Business Insider called Mr. Cuneo one of the 10 greatest turnaround CEOs.
Arrival Group will add Mr. Cuneo as Non-Executive Chairman to its post-closing Board of Directors. Mr. Cuneo currently serves as Chairman of the Board at Iconix Brand Group, a premier brand management company, Chairman of BeyondView LLC, a digital twin technology company and sits on the Board of electroCore, Inc. He is the Managing Principal of Cuneo & Company, LLC, a private investment and management company.
Mr. Cuneo played a lead role in the turnaround of Marvel Entertainment Inc., where as President and Chief Executive Officer, he led Marvel, post-bankruptcy, to a prominent position in the entertainment industry. He then served as Vice Chairman of the Board, providing active strategic leadership as Marvel continued to grow into one of the world’s leading entertainment brands. After a ten year tenure, this culminated in its more than $4 billion sale to Disney at the end of 2009 when shares were trading at $54 per share, representing share price appreciation of approximately 57 times from the stock low.
Previously, Mr. Cuneo was President and Chief Executive Officer of Remington Products Company. He joined the company as it was near bankruptcy and, in less than four years, tackled the complex financial challenges of the business and facilitated its sale to private equity investors. Mr. Cuneo has also served as President of the Security Hardware Group of the Black & Decker Corporation, President of Bristol-Myers Squibb Pharmaceutical Group in Canada and President of the Clairol Personal Care Division.
Mr. Cuneo's involvement in non profit organizations includes currently serving on the board of the National Archives, the board of the National Police Foundation and the board of trustees of Alfred University, where he was previously its Chairman. Mr. Cuneo served two tours as a Lieutenant in the U.S. Navy in the Vietnam War.
Mr. Cuneo received his M.B.A. from Harvard Business School and a B.S. from Alfred University.
Our Chief Operating Officer, Gavin Cuneo, is a partner of Cuneo & Company, a private venture investment company focused on early stage media, entertainment and consumer growth businesses. Mr. Cuneo has a diverse professional background as both a business operator and a financial professional.
Mr. Cuneo was the Chief Operating Officer and Chief Financial Officer of Valiant Entertainment LLC. Cuneo & Company initially capitalized the dormant comic book publisher to relaunch the business as an IP-centric multimedia company. Under this new management, Valiant grew into one of the leading print and digital publishers in comics, established a marquee licensing businesses and built a film and television division including a multi-picture partnership with Sony Pictures. Valiant was sold to DMG Entertainment in 2018.
Previously, Mr. Cuneo was an investment banker in the consumer industry coverage group at Bank of America Merrill Lynch and its predecessor Merrill Lynch & Co. where he executed debt and equity financings and advised on mergers and acquisitions for leading companies in the consumer and retail industries. Prior to this, Mr. Cuneo held a number of positions at U.S. Trust Company (now a division of Bank of America), including as an Assistant Vice President in Equity Research, functioning as an equity analyst and associate portfolio manager, and as an Assistant Vice President of corporate strategy.
Mr. Cuneo holds an M.B.A. from Tuck School of Business at Dartmouth, graduated with a B.A. in Economics and Business from Lafayette College and is a Chartered Financial Analyst.
Our Chief Investment Officer, Michael Minnick, is co-founder and currently a Managing Partner at IIG Holdings. Mr. Minnick has experience in more than $185 billion in transaction volume including advisory and debt and equity capital executions at JPMorgan and The Royal Bank of Scotland Group plc, or RBS. With more than 25 years of industry experience, Mr. Minnick’s expertise spans Technology Media and Telecom sub-sectors ranging from wireless, wireline, media content, content distribution, infrastructure, and digital technology.
Mr. Minnick was the Former Head of Corporate Finance for the Telecom, Media and Technology Group at RBS where he led the TMT cross-border initiatives encompassing North America, Europe, and Asia. He acted as one of the lead investment bankers for RBS on transactions including the $12.3 billion acquisition of Univision; the $27.0 billion buyout of Clear Channel Communications; and the $28.1 billion acquisition of Alltel Communications.
Mr. Minnick also has a broad network of contacts and relationships providing him with leads and referrals that can serve as a useful source for identifying potential future investment opportunities across the TMT sectors.
Mr. Minnick received a M.B.A. from Cornell University and a B.A. from The University of St. Thomas.
Our Director, Kristen O’Hara, brings extensive marketing and strategy experience within the technology, media and telecom industry including a high level of expertise in data, social and digital media. Ms. O’Hara is a strategic marketing professional who has worked for several leading global enterprises in the media industry. Ms. O’Hara is currently Senior Vice President and Chief Business Officer of Hearst Magazines. She was previously VP Business Solutions for Snap Inc.
Arrival Group will add Ms. O'Hara to its Board of Directors upon the consummation of the pending business combination between Arrival and CIIG.
Prior, Ms. Ohara served as Chief Marketing Officer, Global Media for Time Warner Inc. (now Warner Media, LLC). Earlier executive roles with Time Warner Inc.’s Global Media Group include Senior Vice President and Managing Director, Senior Vice President of Marketing and Client Partnerships. Ms. O’Hara was the Vice President of Corporate Marketing and Sales Strategy for the Time Inc. division of Time Warner Inc.
Previously she served in several positions at global marketing communications firm Young & Rubicam Inc., driving business development and brand strategy for blue chip advertisers.
Ms. O’Hara received a B.A. from the College of the Holy Cross.
Our Director, Ken West, has over 40 years of experience in corporate finance in entertainment and consumer brands and a track record of significant value creation in the public markets. Until his retirement in 2019, Mr. West served as Chief Financial Officer of Fareportal Inc., one of the largest online travel technology companies powering a next generation travel concierge service whose brands include CheapOair, OneTravel and Travelong.
Previously, Mr. West served as Executive Vice President, Chief Financial Officer and Treasurer of Martha Stewart Living Omnimedia. The company’s stock price doubled during his tenure culminating with the company’s sale to Sequential Brands Group.
Mr. West previously served as Executive Vice President and Chief Financial Officer of Marvel Entertainment Inc., a brand-driven licensing and media company. During his tenure at Marvel, the company’s stock price increased over 13x, culminating with the company’s sale to Disney.
Prior to this, Mr. West served as an independent consultant to media and entertainment companies. Previously Mr. West, a certified public accountant, was Chief Financial Officer of two middle-market, privately held companies, and spent over 15 years with Ernst & Young LLP, principally in the assurance division.
Mr. West received a B.S. from Carnegie Mellon University.
Our Director, Chris Rogers, has an over 30-year track record of building businesses in TMT—operating and investing in technology and telecom. Mr. Rogers is currently a Partner at Lumia Capital LLC. He is responsible for leading Lumia’s investment and value-add activities for companies with significant exposure to mobile platforms.
Chris was the co-founder of Nextel Communications which he grew to $13B in sales and 19k employees before being acquired by Sprint for $35 billion. Chris brings 30 years of mobile industry experience as a founder, advisor, and operator. Most recently, Chris served as a Senior Vice President at Sprint (Fortune 100, 36K employees), where he oversaw mergers, acquisitions, divestitures, equity investments and joint ventures. He also was responsible for management and oversight of wireless spectrum licenses and Sprint’s portfolio of emerging technology investments.
Throughout his time at Nextel and Sprint, Chris sat on the boards of numerous venture-backed companies across five countries. Additionally, Chris has served as a director on multiple public company boards and as well as several Washington, D.C.-based philanthropic organizations. He currently sits on the board of Digital Turbine (NASDAQ:APPS), NII Holdings (NASDAQ:NIHD).
Mr. Rogers received his B.A. from Tufts University and his J.D. from the Catholic University of America.
Our Director, David Flowers, has over 40 years of experience in the media industry and in corporate finance. Mr. Flowers is
currently the Founder and Chairman of Clean Water Innovations LLC, a wastewater technology company.
Before his retirement in 2014, Mr. Flowers served as Senior Vice President and Managing Director of Alternative Investments at Liberty Media Corporation (“Liberty Media”). Previously at Liberty Media, he served in many roles including Principal Financial Officer and Treasurer at Liberty Capital Group and Senior Vice President, Treasurer and Principal Financial Officer at Liberty Interactive. During his tenure as an executive officer at Liberty Media, Mr. Flowers was responsible for the financing of all the Liberty entities.
Mr. Flowers played a key leadership role in Liberty Media’s takeover of Sirius XM, starting from the investment in Sirius XM’s Senior Secured Loans when the company was faced with difficult debt markets. The initial investment of $530 million in February of 2009 achieved approximately 22 times appreciation in value based on trading levels as of October 2019.
Mr. Flowers has served as a Board
Member for several companies including Sirius XM Holdings Inc. (Nasdaq: SIRI), ILG Inc. (Nasdaq: ILG), Digital Globe Services Ltd., and Blinker Inc.
Prior to Liberty, Mr. Flowers worked in the Media and Telecommunications Group in the Investment Banking Division of Toronto Dominion Bank.
Mr. Flowers received a B.S.A. from Carleton University in Canada. Mr. Flowers is also a Chartered Financial Analyst.