Paul Deninger Explained

Paul Deninger
Birth Date:3 August 1958
Birth Place:Stoughton, Massachusetts, United States
Occupation:Entrepreneur and venture capitalist
Known For:Chairman and director

Paul Deninger (born August 3, 1958, in Stoughton, MA) is an American technology industry entrepreneur, board member, investment banker, and venture capitalist.[1]

Early life and education

Paul Deninger was born in 1958 in Stoughton, MA. He earned a Bachelor of Science from Boston College and later an MBA from Harvard Business School.[2] [3]

Career

Deninger joined the technology M&A firm Broadview International in 1987, where he was first an associate. He became CEO in 1996 and served for eight years before selling the firm to Jefferies.[4] [5] Following the acquisition of Broadview by Jefferies, Deninger remained at Jefferies, where he served as Vice Chairman.[6] [7] [8] [9] While at Jefferies, he did his first deals in sustainability and CleanTech, the area in tech he is currently focusing on.[10] [11]

After Jefferies, he joined Evercore as a Senior Managing Director and retired from that firm in 2020 as a Senior Advisor. A leading independent investment bank, the firm became a major player serving the technology industry during his tenure.[12]

He advised on more than 100 M&A transactions and many equity financings and IPOs.

As of 2024, Deninger is an Operating Partner at Material Impact, a venture firm that invests in deep tech companies. He advises a broad range of the fund's portfolio companies in such areas as material science, sustainable manufacturing, robotics and space technology.[13] [14] [15] Material Impact was founded by Adam Sharkawy and Carmichael Roberts, who is also chairman of the investment committee of Bill Gates’s Breakthrough Energy Ventures.[16]

Deninger also serves as Chairman of Generation Phoenix Ltd, a UK-based material science company that reclaims leather offcuts to produce leather material used in manufacturing footwear, luxury goods, and transportation seating. Gen Phoenix was recently named one of Fast Company’s Most Innovative Companies.[17] [18] [19]

He was named among the "100 Most Influential People in Technology" by Red Herring Magazine several times and recognized as one of the "25 Most Powerful People in Networking" by Network World. He also attended the World Economic Forum in Davos for 14 years.[20]

Board memberships

Paul Deninger serves on two public boards, Resideo and EverQuote.[21] He previously served on two other public boards, Iron Mountain and Netegrity. He has also served on the boards of several private, venture-backed companies.[22] [23] [24] [25] [26]

Notes and References

  1. News: Garland . Russ . 2009-05-01 . Jefferies’ Deninger Takes Aim At Energy Project Finance . 2024-04-24 . WSJ . en-US.
  2. Web site: Ex Libris Winter 2008 . 2024-04-24 . bc.edu.
  3. Web site: Our Team – Davis Partners Group . 2024-04-24 . en.
  4. Web site: Loizos . Connie . 2010-11-23 . Outspoken Paul Deninger Leaves Jefferies & Co for Evercore . 2024-04-24 . Venture Capital Journal . en-US.
  5. Web site: Bankrolling the Future . 2024-04-24 . MIT Technology Review . en.
  6. Web site: Rothnie . David . 2003-12-22 . Jefferies launches European M&A platform with Broadview buy . 2024-04-24 . www.fnlondon.com . en-GB.
  7. Web site: 2005-11-14 . Can Europe still compete in technology? . 2024-04-24 . NBC News . en.
  8. Web site: 2010-11-17 . Silicon Valley’s IPO anxiety . 2024-04-24 . Fortune . en.
  9. News: Ricadela . Aaron . 2009-10-22 . Who Will Be the Green VC Giant? . 2024-04-24 . Bloomberg.com . en.
  10. News: Gelsi . Steve . 2007-05-04 . Wall Street interest in clean tech grows . 2024-04-24 . MarketWatch . en-US.
  11. News: Aston . Adam . 2008-12-18 . Investing in Cleantech Companies . 2024-04-24 . Bloomberg.com . en.
  12. Web site: 2012-05-15 . Facebook shifts investor focus to mobile strategy as IPO nears . 2024-04-24 . gulfnews.com . en.
  13. Web site: Safaya . Shemona . 2023-04-04 . Gen Phoenix bags US$18m funding for eco-conscious materials . 2024-04-24 . Just Style . en-US.
  14. Web site: Wightman-Stone . Danielle . 2023-03-30 . ELeather rebrands as Gen Phoenix and announces new funding . 2024-04-24 . FashionUnited . en.
  15. Web site: Mallon . Jackie . 2023-08-15 . The airline-tested technology behind Coachtopia's sold-out sustainable accessories . 2024-04-24 . FashionUnited . en.
  16. Web site: 2023-11-20 . Material Impact Closes Third Fund, At $352M . 2024-04-24 . en-US.
  17. Web site: Neuhauser . Alan . 2023-03-30 . Sustainable leather maker sews up $18M . 2024-04-24 . axios.com.
  18. Web site: Wightman-Stone . Danielle . 2023-03-30 . ELeather rebrands as Gen Phoenix and announces new funding . 2024-04-24 . FashionUnited . en.
  19. Web site: Hernandez . Andrea . 2024-03-19 . This British startup upcycles unused leather into premium airline seats . 2024-04-24 . fastcompany.com.
  20. Web site: Red Herring Europe: Submission . 2024-04-24 . Red Herring . en-US.
  21. Web site: Paul F Deninger, Material Impact Inc: Profile and Biography . 2024-04-25 . Bloomberg.com . en.
  22. Web site: Paul Deninger, Member, Board of Directors . 2024-04-24 . Resideo . en-US.
  23. Web site: Shieber . Jonathan . 2019-01-29 . Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI . 2024-04-24 . TechCrunch . en-US.
  24. Web site: Paul Deninger. Board Member . 2024-04-24 . investors.everquote.com.
  25. Web site: RI Business Portal . 2024-04-24 . business.sos.ri.gov.
  26. Web site: 2004-12-13 . Stayin' Alive in ' 05 . 2024-04-24 . Forbes . en.

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