Fred is a Co-Founder and Managing Director of NextEquity Partners. Fred also serves as a Managing Director and was a Co-Founder of Elevation Partners. Fred has extensive operating and financial experience as a senior executive in the technology industry. From 1996 – 2004, Fred was Executive Vice President and Chief Financial Officer of Apple Computer, and made major contributions to Apple’s turnaround and re-emergence as an industry leader. These contributions included resolving a major liquidity crisis, executing a massive restructuring that returned the company to sustainable profitability, and working with the company’s executive team to reenergize Apple’s revenue and profit growth. As a senior financial executive of several public companies, Fred has been involved in numerous acquisitions and a wide range of other corporate finance transactions, including complex equity and debt financings, and recapitalizations. Fred joined Apple from ADP, where he was Chief Financial Officer and served on the company’s Executive Committee from 1992 to 1996. Prior to joining ADP, Fred held several executive positions at MAI Systems Corporation from 1978 to 1991 including President and Chief Operating Officer and Senior Vice President and Chief Financial Officer. Before starting his career in private industry, Fred served as a Captain in the U.S. Air Force and was a CPA and a consulting manager with Coopers & Lybrand from 1972 to 1977. Fred holds a BA from Whittier College and an MBA from UCLA. Fred previously served on the boards of directors of Apple, Palm, Move, Sonos, Crystal Decisions and 3COM, and on the Financial Accounting Standards Advisory Council. Fred currently serves on the boards of directors of eBay and Yelp.