Jonathan F. Foster
Jonathan F. Foster became a trustee in September 2008 after being nominated by Governor David Paterson and confirmed by the New York State Senate to a five-year term. He served as vice chairman of the board from 2009 to 2012.
Mr. Foster is an experienced investment banker and private equity investor who also has significant board of directors and operating experience. The Founder and Managing Director of Current Capital, he leads the firm’s private equity investing and management services efforts focused primarily on middle market and smaller industrial and services companies. The firm’s management services include sitting on Boards of Directors and providing related consulting services for other investors and financial institutions, providing Chief Restructuring Officer services and offering advice and expert witness services in complex corporate litigation. He is a member of the Boards of Directors of companies traded on the New York Stock Exchange including: Masonite Inc., a designer and manufacturer of interior and exterior doors; Lear Corporation, a supplier of automotive seating and electrical distribution systems; Chemtura Corporation, a specialty chemicals company; and Berry Plastics Group, Inc., a manufacturer and marketer of plastic consumer packaging and engineered materials.
Mr. Foster was executive vice president – Finance & Business Development for Revolution Living, one of three business groups in the Revolution family of companies founded by AOL co-founder Steve Case, and a managing director and member of the Investment and Management Committees at The Cypress Group, a $3.5 billion private equity investment firm where he led the General Industrial & Services effort. He also has management experience having been executive vice president – chief operating officer & chief financial officer of toysrus.com. Mr. Foster has extensive investment banking expertise with a particular focus on mergers and acquisitions advisory work. He was a managing director and co-head of Diversified Industrials & Services at Wachovia Securities, a senior managing director at Bear Stearns & Co. where he ran the Industrial Products & Services Mergers & Acquisitions effort, and spent more than 10 years at Lazard, ultimately as a managing director.
Mr. Foster has a BBA in accounting from Emory University, a Masters of Science in accounting and finance from the London School of Economics and attended the Harvard Business School Executive Education Program “Making Boards More Effective.”