Richard M. Hurwitz
Richard M. Hurwitz’s track-record of building high growth technology-based service companies spans 30 years and includes extensive experience in business building, general management, and capital raising with financial service and technology companies in the U.S. and abroad. Currently Rick serves as the Chief Executive Officer of Tungsten Corporation plc where he is driving the monetization of its leading global e-Invoicing network – with $200 billion in invoice volume – by offering automated supply chain financing and line item spend analytics to its Fortune 1000 and G20 client base and their worldwide supply chain.
As Chief Executive of Pictometry International from 2010 to 2013, Mr. Hurwitz successfully led the strategic repositioning of this category-defining company in the changing geospatial industry. He drove its transition from an image content company to a provider of geospatial solutions. Mr. Hurwitz had served as Chairman of the Board at Pictometry, a role he held for eight years. Prior to taking the helm at Pictometry, Mr. Hurwitz was a partner at Aegis Investment Partners, a private investment firm which -20- focuses on buying and turning distressed operating assets. Previously, he was a managing partner with Bancorp Services, a firm that advised financial institutions on risk and asset-liability management. There, he served as CEO of the firm’s subsidiary broker-dealer which constructed and distributed structured products through Wall Street investment banks. As part of a collaborative effort among nationally recognized consultants, his team placed and administered $12 billion of deal flow. Earlier in his career, Mr. Hurwitz served as Managing Director of Bridge Information Systems (UK) Ltd., a $225 million vendor of real-time financial information. There, he reorganized the company’s European operations to effectively transition from start-up to high-growth and developed and led non-US equity and derivative trading.
Because of his broad investing and operating experience, Mr. Hurwitz serves as a Director at the investment management complex of Manning & Napier, Inc. (NYSE: MN.) He is also a National Association of Corporate Directors (NACD) Board Leadership Fellow, demonstrating his commitment to boardroom excellence. He earned this accreditation by completing NACD’s comprehensive program of study for corporate directors and supplements his skill set through ongoing engagement with the director community and access to leading practices. Mr. Hurwitz graduated Magna Cum Laude from the University of Rochester and holds Bachelor of Arts degrees in Economics and Philosophy.