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Bideawee Announces New Board Members Kevin Davis and Todd Richter

~ Davis and Richter bring strong finance, legal, and for-profit board experience ~

NEW YORK, Dec. 01, 2016 (GLOBE NEWSWIRE) -- Bideawee, a leading pet welfare organization serving metropolitan New York and Long Island for the past 113 years, announced today that two new directors, Kevin Davis and Todd Richter, have joined the board.

“We are delighted that Kevin and Todd have joined the Bideawee board,” said Joseph L. Sorbera, Jr., Acting Chair of the Board. “Their backgrounds are complementary and are well-suited to our board.  Kevin brings top-tier business, legal, and both profit and non-profit board experience as well as the first-hand knowledge of a Bideawee pet adopter.  In addition to both profit and non-profit board experience, Todd’s extensive background in global investment banking focused on animal health as well as being a Bideawee adopter is a perfect fit for us.  We welcome both Kevin and Todd to the board.”

Kevin Davis
Kevin Davis is President of Molecular Defenses Corporation, a pharmaceutical and biotech holding company specializing in innovative, molecular level cures for diseases, with operations and subsidiaries in the US and abroad. Prior to Molecular Defenses Corporation, Mr. Davis was Chief Investment Officer of MineInvest Resources and Managing Director of Avira Energy, Inc. He has also led the purchasing and buy-outs of numerous companies including Triton Coal Company, Duke Energy’s Hydrocarbon business, AIG’s Power Plant subsidiary and Enron’s power plant manufacturing business. He began his professional life as a corporate lawyer with Debevoise & Plimpton.

Mr. Davis has served on the boards of Princeton Technology Partners, ThyoGen, MineInvest Resources, Avira Energy, Triton Coal Company, Princeton Technology Partners, EzSize, and Archive Global.

Mr. Davis has also served on non-profit boards including Sheltering Arms Children’s Services, the Executive Committee of Princeton University's Alumni Council, and as Co-Chair of the United States Chamber of Commerce Northern Iraq Task Force. He has co-founded a number of charities including Harlem Day Charter School and Growthsource Academy.

Mr. Davis is a graduate of Princeton University and Harvard Law School.

Todd Richter
Todd Richter is Vice Chairman of Global Banking at Barclays, focusing on the healthcare services field including global animal health. Prior to Barclays, Mr. Richter was Senior Managing Director in the Global Healthcare Corporate & Investment Banking Group at Bank of America Merrill Lynch. Mr. Richter also served as head of the healthcare services analytical team for Morgan Stanley for 18 years.

Highlights of Mr. Richter’s extensive banking career in animal health include advising: Zoetis on its IPO, its spin-off and various debt deals; VCA on its IPO and its $1.4 billion credit facility; MWI Veterinary Supply on its IPO, and subsequent follow-on equity offerings; Eli Lilly on its acquisition of Novartis Animal Health; Ares Management on its acquisition of National Veterinary Associates; and AmerisourceBergen on its acquisition of MWI Veterinary Supply.

Mr. Richter is currently a member of the Board of Directors at the Stratton Mountain School in Stratton, Vermont and a member of the Board for the Kelley School of Business at Indiana University.

Mr. Richter earned a B.B.A. in Finance from the College of William & Mary in 1979 and an M.B.A. in Finance with Honors from Indiana University in 1981.

About Bideawee
Bideawee, which means “stay awhile,” in Scottish, is one of the country’s oldest and most respected animal welfare and pet adoption organizations.  Founded in 1903, Bideawee’s mission is to be Greater New York’s leader in rescuing, caring for, and placing homeless cats and dogs with people who love them.  Bideawee provides an array of high touch services including adoption centers, animal hospitals, pet therapy programs, and pet memorial parks that serve pets and pet lovers on their lifelong journey together. 

Bideawee’s Loving Legacy program allows pet owners who pre-decease their pets to provide for cherished companion animals.  Bideawee is a not-for-profit 501(c) 3 humane animal organization and 100% of Bideawee’s funding comes from private sources.  Bideawee operates in New York City, Wantagh, and Westhampton. For more information, visit: www.Bideawee.org.

Contact:
                    
                    Karen Parziale
                    Split Second Communications
                    Karen.Parziale@Split-Second-Comms.com
                    (201) 927-8536

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