Richard S. Bodman

Richard (Dick) Bodman is the Chairman of TDF Ventures. He received a B.S. in Engineering from Princeton University, 1959, and an M.S. in Industrial Management from MIT, 1961. From 1961-1970 he became a CPA and Partner of Touche Ross & Co, now Deloitte & Touche. From 1971-1973, he served as Assistant Secretary of the U.S. Department of the Interior, and subsequently as Assistant Director of the Office of Management and Budget. From 1973-1978 he held several management positions in Textile Fibers and Corporate Finance at DuPont. From 1978-1984 he served at Communications Satellite Corporation as CFO and later was President & CEO of Comsat General Corp. and President of Satellite Television Corp. From 1985-1990 he was President of Washington National Investment Corp., a private equity firm. From 1990-1996 he was Senior VP for Strategy & Development at AT&T, Lead Director at Sandia National Laboratories, and founder and chairman of AT&T Ventures. In 1996 he retired from AT&T, purchased AT&T Ventures and became its co-managing partner. The firm was renamed VMS Group in 2001. He is currently chairman of the board of Telecom Development Fund, a Washington, DC based venture capital firm. Earlier corporate board memberships include Reed Elsevier, Young & Rubicam, Internet Security Systems, Lin Broadcasting, Tyco International, and National Housing Partnerships. He is a trustee of the Buck Institute for Research on Aging. Other non-profit board memberships included Boys & Girls Clubs of America, Morristown Hospital System, and Naples Community Healthcare System. Mr. Bodman is married to the Honorable Karna Small Bodman. They have four sons and live part time in Washington, DC.