Two New Members Elected to Board of Directors for Ben Franklin Technology Partners of Southeastern PA
Ben Franklin Technology Partners of Southeastern PA announced that Walter Buckley, III, and Kenneth Lawrence were elected to its Board of Directors.
Walter Buckley, III
Walter Buckley, III, is co-founder, CEO and chairman of the board of Internet Capital Group (ICG). Prior to ICG, Buckley was vice president of acquisitions for Safeguard Scientifics, Inc., where he led many of Safeguard’s investments through the mid-1990s, including Diamond Technology, ChromoVision and Video Server. He also was responsible for developing and executing Safeguard’s multimedia and Internet investment strategies.
“We are always appreciative when very experienced and knowledgeable people of this caliber are willing to become engaged with Ben Franklin Technology Partners. They help us continue to serve the entrepreneurs with whom we invest, and help drive economic development in the region,” says Robert Keith, Jr., chairman of BFTP/SEP.
Before Safeguard, Buckley was president and co-founder of Centralized Management Systems, Inc., a medical supply company, which he sold in 1987. Previously, he spent three years at CoreStates in the commercial lending group.
Buckley was included in Business Week’s 2000 “eBiz 25″ listing of the 25 most influential people in the electronic business. Price Waterhouse honored him with its “Entrepreneur of the Year Award” in 2000, and the Greater Philadelphia Venture Group honored him with its “Entrepreneurial Excellence Award” in June 2000. In 2008, Buckley was also honored with the “Mid-Atlantic Venture Impact Award.”
In addition to serving as chairman of the board for ICG, Buckley sits on the board of ICG Commerce. He is chairman of the Starfinder Foundation, a nonprofit organization; on the board of advisors of the Carolina Entrepreneurial Initiative; and on the board of visitors of the Kenan-Flagler Business School at University of North Carolina at Chapel Hill.
Buckley earned his B.A. in political science from the University of North Carolina at Chapel Hill.
Kenneth Lawrence
Kenneth Lawrence joined PECO Energy in 1969 and held increasingly responsible positions in the areas of corporate planning, rates and regulation, corporate finance, customer operations and the firm’s natural gas business.
From 2002 to 2003, he served as chairman of PECO Energy Company, senior vice president of Exelon and president and COO of Exelon Energy Delivery. In those positions, he was responsible for operations affecting 3.5 million customers and accounting for $10 billion in revenues. Previously at PECO Energy, he had served as president (1998-2001) and CFO (1994-1997).
Lawrence is an active real estate investor and a board member of the Rosemont School of the Holy Child. He was also a board member of the Philadelphia Orchestra until late 2008 and of Indus International, Inc. until its merger with Fortezza Iridium Holdings in early 2007. He has received numerous awards from a wide variety of civic, social service and community organizations.
Lawrence earned his B.S. in engineering from Cornell University and MBA from Widener University.
Tags: 