DeForrest has over 20 years of experience building businesses and driving strategic innovation in the consumer products, financial services, healthcare, higher education, media, and software industries. He focuses on strategic innovation, business and operating model improvement, investor management and governance, strategic partnerships to drive scale, ERP, and financial forecasts/modeling.
Growing businesses and improving operational efficiency have been hallmarks throughout DeForrest’s career. First, during 12 years at JPMorgan Chase, he founded Global Markets VentureLab, a $3 billion division incubating disruptive ideas. After VentureLab, DeForrest led the commercialization efforts of LabMorgan, the firm-wide new venture incubation and technology accelerator.
Since then, DeForrest has been a C-level executive at start-ups and turn-around situations. He understands the challenges of creating competitive advantages and driving new value streams within a broader environment of rapidly changing technologies and greater customer sophistication. DeForrest believes that advice and services for clients should not be “off-the-shelf” because value creation is unique to each company – based upon its culture, ecosystem of constituents, and capacity.
DeForrest has also provided his strategic thinking to the non-profit sector. He was a four-year board member of Teach for America New York, an organization widely recognized for its innovation in creating a national teaching corps of recent college graduates. In addition, DeForrest currently serves as Board Chair for Harvard Alumni Entrepreneurs New York.
DeForrest earned his A.B. in Government at Harvard University.
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