Jeffrey Bornstein Biography and Net Worth

Jeff Bornstein has served as a member of our board of directors since September 2022. Mr. Bornstein is the Founder, Principal and Co-Managing Partner of Whipstick Ventures LLC, an investment company focused on early stage companies with novel solutions across energy storage and efficiency, services, bio-tech and fin-tech. He also currently serves as the Managing Partner of Generation Capital Partners and sits on the board of AlloVir, a public biotech leader. Prior to founding Whipstick Ventures in 2018, he served as Vice Chairman and Chief Financial Officer of General Electric from 2013 to 2017. In this role, he focused on portfolio transformation, including the sale of the Appliances division of GE, executing the merger of GE Oil & Gas with Baker Hughes, the sale of businesses and assets of GE Capital worth over $300 billion and GE’s acquisition of Alstom, as well as driving down structural costs. Previously, Bornstein served as Senior Vice President and Chief Financial Officer of GE Capital for 12 years. During his tenure GE Capital grew earnings by four times. He played a pivotal role managing the company through the financial crisis and, subsequently, the on-boarding of the Federal Reserve as Regulator. Bornstein mentored and developed a generation of Finance leaders that continue to lead GE, as well as, many other public and private companies. Bornstein originally joined GE in 1989 with the GE Power Systems’ Financial Management Program. In 1992, he joined the GE Corporate Audit Staff and then became Executive Audit Manager. In 1996, he was named Chief Financial Officer for GE Aircraft Engine Services and Vice President in 1998. In1999, he was promoted to Chief Financial Officer of GE Plastics and served in that role until 2002. He is a trustee of Northeastern University and on the board of Build On. He has also been involved in a number of youth programs. He received his B.S. in Business Administration from Northeastern University.