– USA, VA – Zephyr AI, Inc., a high-growth healthcare technology company today announced the addition of Dr. Roger Ferguson (Ph.D.) to its Board of Directors, alongside CEO David Morgan also joining the Board, following the recent successful completion of an $18.5m seed funding round led by Lerner Group Investments LLC and M-Cor Holdings.
Board Member Dr. Sol Barer said, “I am thrilled to welcome the new members to the Zephyr AI Board. Grant and David have strategically assembled a world-class group of leaders to guide Zephyr through their next phase of evolution and growth. I believe the team today is uniquely positioned to transform the way the biopharmaceutical industry approaches drug discovery, development, and precision analytics.”
CEO David Morgan said, “The leadership team at Zephyr is fortunate to have this exceptional group as partners, mentors, and advocates. Their deep and unparalleled expertise will be invaluable to us as we grow our business and pursue our mission to build tools and products to support improved delivery for providers and better outcomes for patients while lowering the total cost of care.”
About Dr. Roger W. Ferguson Jr,
Roger W. Ferguson, Jr. is CIO of Red Cell Partners, former President and CEO of TIAA, and former Vice-Chairman of the Board of Governors of the US Federal Reserve System.
Dr. Roger Ferguson is CIO at Red Cell Partners and the Steven A Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations. He is the former President and CEO of TIAA and the former Vice Chairman of the Board of Governors of the U.S. Federal Reserve System. Previously, Dr. Ferguson was head of financial services for Swiss Re, Chairman of Swiss Re America Holding Corporation, and a member of the company’s executive committee. From 1984 to 1997, he was an Associate and Partner at McKinsey & Company. He began his career as an attorney at the New York City office of Davis Polk & Wardwell. Mr. Ferguson currently serves on the boards of Alphabet Inc., Blend Labs, Inc., Corning, International Flavors and Fragrances, as well as several private companies including Klarna, Europe’s most valuable privately-owned FinTech company, Red Cell Partners, and several non-profits including Memorial Sloan-Kettering Cancer Center and the Smithsonian Institution. Mr. Ferguson served on President Obama’s Council on Jobs and Competitiveness as well as its predecessor, the Economic Recovery Advisory Board, and he co-chaired the National Academy of Sciences’ Committee on the Long-Run Macro-Economic Effects of the Aging U.S. Population. Mr. Ferguson holds a B.A., J.D., and a Ph.D. in economics, all from Harvard University.
About David L. Morgan II
David Morgan is the President and CEO of Zephyr AI and an operating partner at Red Cell. Prior to joining Zephyr he served as SVP for Eurofins Scientific Group running a portfolio of diagnostic, biopharma, and biotechnology companies. He remains a board member of Eurofins Transplant Genomics, Viacor BioPharma Services, and Viacor Eurofins Clinical Diagnostics. Prior to Viracor, Mr. Morgan was President and CEO of VantagePoint Holdings, Inc., a private equity-backed group of diagnostic companies that were sold to Sonic Healthcare. Mr. Morgan has held senior executive positions at Cogent Healthcare, Beacon Bay Holdings, and Laboratory Corporation of America. Mr. Morgan began his career with US LABS, Inc., where he held several management positions culminating as VP of Operations when the company was sold to LabCorp in 2006. Following the acquisition by LabCorp, Mr. Morgan remained with the company as both VP and SVP. Mr. Morgan was responsible for integrating LabCorp’s many Oncology and Anatomic Pathology companies into its Oncology Division, which later became known as Integrated Oncology. Prior to his career in healthcare, Mr. Morgan was a 10-year veteran of the United States Marine Corps and remained in the Marine Corps Reserve until retiring as Colonel in 2020.
He holds a bachelor’s degree from University of Pittsburgh and a master’s degree from Central Michigan University.
About Michael L. Cohen
Michael Cohen is VP of Investments at Lerner Enterprises. Prior to Lerner, Michael worked at the New York City Economic Development Corporation and Blue Atlantic Capital. Michael holds a BA from the University of Pennsylvania and an MBA from the NYU Stern School of Business.
Josh Lobel is CEO and CIO of M-Cor Holdings and a co-founder of Red Cell Partners. Mr. Lobel serves on the Board of Red Cell Partners and was an early investor in and Board member of Red 6 and SkyHarbour Group. He is the Founder and former Co-Managing Partner of Archer Capital Management, an alternative investment manager that compounded top quartile returns over a 15-year period. Prior to that, Mr. Lobel was an early investment professional at Redwood Capital Management and began his career in the M&A and private equity groups of Morgan Stanley & Co. Mr. Lobel serves on the Board of Directors at Cedars-Sinai where he is the Chairman of the Investment Committee and a member of the Executive Committee. He also sits on the Board of Directors of the CIA Officers Memorial Foundation and the Advisory Board for the Center for Global Risk and Security at RAND. Mr. Lobel holds a bachelor’s degree in Economics from the University of California, Los Angeles, and a Master of Business Administration from the Wharton School at The University of Pennsylvania.
About Zephyr AI
Zephyr AI is a high-growth healthcare technology company committed to radically reshaping traditional approaches to drug discovery and precision medicine. Through partnerships and proprietary data, Zephyr AI is curating the world’s most comprehensive healthcare dataset and marrying it with cutting-edge artificial intelligence algorithms to generate novel, translatable insights to build tools and products that support both patients and providers and fuel ongoing research. At Zephyr AI, our mission-focused team of world-class software engineers and biologists leverage big data and cutting-edge technology to derive transformational insights and build enduring partnerships that will revolutionize the treatment of cancer, diabetes, and other diseases.
For more information : https://www.zephyrai.bio/
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