Board of Advisors
- Daniel M. Boone
- Brian M. Cashin
- William A. Heitin
- Megan Kelleher
- Mark J. Pasculano
- Max Risman
- Scott Rossborough
The Bank's Advisory Board is comprised of members of the Bank with expertise in areas in which the Bank welcomes assistance.
Daniel M. Boone was an organizer of the Bank. He is an experienced Information Technology executive with thirty-two years of experience in the financial services industry. His experience spans banking, securities trading and processing, asset management, retail lending and insurance. He has held senior positions with The First Marblehead Corporation, Fidelity Investments, Booz Allen Hamilton and Credit Suisse. His expertise is in IT Strategy and Transformation, Enterprise Architecture, Applications Development, data warehousing and business intelligence. His current focus is on regulatory compliance and policy management for the banking industry and he is working with leading global banking groups to implement new solutions. Mr. Boone leads the Advisory Services consulting practice for Avanade, a subsidiary of Accenture and a joint venture with Microsoft. He holds a BA and MBA degrees from Rutgers University and has taken executive education at the Wharton School, University of Pennsylvania.
Brian M. Cashin, was an organizer of the Bank, and became Chief Information Officer in April 2009 while the Bank was in formation until his retirement at the end of June 2013. Prior to First Commons Bank, Mr. Cashin had twenty years of experience as a Senior Technology Executive both domestically and internationally. While serving as Chief Information Officer at First Marblehead Corporation and Fidelity Investments, and Chief Technology Officer at Chase Manhattan Bank, he managed staffs of 50 to 500 with over $200 million in budget responsibility. Mr. Cashin has successfully architected and managed technology infrastructures to support major changes in organization and market focus. He has developed and implemented IT strategy for global venture capital endeavors. He has negotiated large, complex outsourcing contracts and partnership agreements. Mr. Cashin has a BA from St. Francis College and an MBA from Fordham University.
William A. Heitin is a Partner and the Chief Investment Officer at Windrose Advisors, a boutique private wealth management firm. Mr. Heitin oversees a team of professionals who have overall responsibility for asset allocation and investment selection across such asset classes as fixed income, US and international equities, hedge funds, private equity, venture capital and real estate. Prior to founding Windrose Advisors, Mr. Heitin was the Chief Investment Officer for Garnet Street Partners LLC, a private family investment office. Mr. Heitin previously worked at the MIT Investment Management Company (MITIMCo) in the position of Managing Director. His primary responsibilities included the management of all operational and administrative aspects of MITIMCo’s investments. When he left MITIMCo, total assets under management were more than $14.0 billion. Mr. Heitin began his career at PricewaterhouseCoopers LLP (formally Coopers & Lybrand) in their Boston office. He left PricewaterhouseCoopers as a Senior Manager in the firm’s Audit and Business Assurance practice. He holds a BS in Accounting from Fitchburg State College, an MBA in Finance from Suffolk University and a certificate from the MIT Leader to Leader program. He is a Certified Public Accountant in the Commonwealth of Massachusetts. Mr. Heitin is an elected official to the Town of Sharon Board of Selectmen.
Megan Kelleher is a Managing Partner of Vaksam LLC, a private investment manager. Prior to Vaksam, Ms. Kelleher was a Managing Director at UBS Securities LLC. From 1996 to 2004, Ms. Kelleher was employed by Harvard Management Company (HMC), the endowment manager for Harvard University. Ms. Kelleher left HMC in 2004 to become a co-founder of Sowood Capital Management LP. At Sowood, she was ultimately responsible for all non-investment aspects of the business while maintaining her involvement in some aspects of the investment portfolio requiring legal and/or negotiation expertise. Ms. Kelleher received a BA from Stonehill College in 1991; a JD from New England School of Law in 1994; and an MBA from Boston College in 2001.
Mark J. Pasculano is the Chief Supply Officer at Tickets for Charity, working directly with the corporate market to better utilize their excess ticket inventory for social good, benefitting both their corporate aligned charity of choice and the buyer's charity as well. Mr. Pasculano previously served as the Chief Credit Officer of First Commons Bank from June 2010 through August 2012. Prior to First Commons Bank, Mr. Pasculano spent 14 years at Silicon Valley Bank (SVB), most recently as the Senior Credit Officer for the Northeast Division. At SVB, he was also a loan officer, managed a lending team and was a SVP, focusing on the early stage, venture backed, technology market. Prior to completing his MBA at Boston University, he spent 2 years at Bank of Boston in their Retail Banking Group. He also worked at Banc of America Securities in their Private Client Group, and worked as a Subcontractor to the Risk Strategy & Regulatory Consulting practice at Deloitte & Touche LLP. Mr. Pasculano previously served on the board of the New England Children's Foundation. He received his BA from Tufts University.
Max Risman is a portfolio manager at BlueCrest Capital Management, responsible for relative value focused portfolio of stocks, bonds, commodities and currencies. Mr. Risman began his career in 1992, working for the Ministry of Privatization (GKI) as a financial analyst, where he evaluated proposed privatization projects in natural resource industries. He moved to the United States in 1995 to work for New Alliance Corp., analyzing both equity and fixed income investments in emerging Europe. Between 1998 and 2001 he was an analyst and trader at IIG/Phoenix with a focus on distressed assets in commodity industries of emerging markets. He joined Harvard Management Company in late 2001 as a member of the International Equity and Commodities group, where he concentrated on capital structure arbitrage, distressed assets and valuation oriented investments. Mr. Risman joined Sowood Capital in July 2004, where he co-headed the six-person valuation team. Mr. Risman received a BA in Economics and an MS in Chemical Engineering from the Moscow Institute of Advanced Chemical Technology in 1994. He received two prestigious scholarships, the Presidential scholarship (50 a year in all of Russia) and the Moscow Mayor’s scholarship (100 a year in Moscow).
Scott Rossborough was an organizer of the Bank, and is a leading marketing and sales professional. He previously served as a senior executive and board member at Saatchi & Saatchi, a multinational communications company. Mr. Rossborough was president of Nathan/Tyler, a joint venture with Harvard Business School and FORTUNE Magazine that published and distributed distance learning products for senior executives. Mr. Rossborough was also a partner at Trinity Marketing, a marketing consultancy that provides market research, marketing planning and creative services to companies throughout the U.S. Currently, he is a Senior Consultant with Ipsos Vantis, a leading market research and strategy consultancy specializing in innovation services for FORTUNE 500 companies. Mr. Rossborough received his BA/BS from Union College.