Board of Directors
The IP Commerce Board of Directors is comprised of highly respected business executives with combined experience leading emerging software, payments, and telecommunications companies.
David Solomon, Chairman
Meritage Funds
David Solomon is a Founder and Managing Director of Meritage Funds, a Denver-based manager of private investment funds. Previously, he served as CEO and Executive Chairman of NuVox. He grew the company from annual revenue of less than $200,000 to over $530 million. Windstream Corporation acquired NuVox in February 2010 in a transaction that valued the Company at approximately $643 million. A Certified Public Accountant with a strong operational and financial background, Mr. Solomon served as Executive Vice President and CFO at Brooks Fiber Properties immediately following the Company’s formation in 1993 until its sale to WorldCom in 1998 for $3.4 billion. Mr. Solomon was a Partner in the audit practice of KPMG where he served from 1981 until he joined Brooks Fiber Properties. He is a member of the American Institute and Tennessee Society of CPAs, and serves on the Board of Trustees for Lipscomb University.
Alfred ‘Chip’ Kahn IV
IP Commerce
IP Commerce founder and CEO Chip Kahn exemplifies entrepreneurialism, with an impressive track record of identifying business opportunities and developing innovative strategies to address market needs. Mr. Kahn also serves on the advisory board for BroadHop, Inc., a broadband services software company. Full Bio
Derek Pilling
Meritage Funds
Derek Pilling is a Managing Director of Meritage Funds. He currently serves as a Director of Meritage portfolio companies Crisp Media and IP Commerce. Prior to joining Meritage, Mr. Pilling was Director of Strategic Development at netLibrary, a venture-backed internet media company, where he was responsible for setting strategic direction, managing internal strategic initiatives, fundraising and partnering, and merger and acquisition activity. Previously, Mr. Pilling was a senior analyst at The Wallach Company, a boutique investment banking firm, where he supported the firm’s sell-side merger and acquisition and capital formation work, principally with technology-based clients. Mr. Pilling began his career as an analyst in the Investment Banking division of A.G. Edwards and Sons, Inc. He earned a B.A. in Business from Indiana University and his M.B.A. from the Kellogg Graduate School of Business at Northwestern University, graduating with high honors.
Mike Brooks
Venrock
Mike has been a General Partner with Venrock since 2000 and has been an active venture capital investor for over 25 years. During his career, he spent 11 years with Morgan Stanley & Co, where he was the Managing Director responsible for the firm’s investment banking activities with emerging growth and technology companies, and 15 years with J.H. Whitney & Co. where he served as Managing Partner of the firm. His extensive background in finance and investments provides entrepreneurs in enterprise software, financial services and digital media with unique insights into managing and financing rapidly growing businesses. He has been recognized on the Forbes Midas list and has served as a director of the National Venture Capital Association. Mike has his B.A. from Yale and MBA from Harvard Business School. Mike currently serves on the Boards of Pipeline Trading, Semtek and Virgin Money.
Bill Weingart
Fifth Third Processing Solutions
As a recognized payments technology leader, known for crafting the requisite strategic vision to achieve business goals, Bill Weingart offers a unique blend of executive acumen, global team-building, and product solutions, credited with strong ROI and operational improvement. Bill currently holds the position of Chief Product Officer at Fifth Third Processing Solutions and his career includes leadership roles at Citibank, Card Establishment Services, and First Data Corporation, where he rose through positions including application development, DBA, and process design to take the role of Senior Manager, where he led complex systems implementations, Applications Development, and Product Management. Bill Holds a Masters Degree in Corporate Finance from Dowling College in Oakdale, New York, and maintains an active membership in the CIO Technology Executive Network and the Working Council of CIO’s.