TOM DARDEN

Tom Darden is the Chief Executive Officer of Cherokee, an environmentally focused investment firm. Cherokee utilizes both private equity and internal venture capital to generate social, environmental and economic returns. Cherokee Ventures began investing in startup and venture-stage companies in 1984 and has since completed more than 70 investments, using internal capital. Cherokee Funds made its first brownfield investment in 1990 and has since raised five private equity funds focused on brownfield remediation: $50 million in 1996, $250 million in 1999, $620 million in 2003, $200 million in 2005 and $1.24 billion in 2006. From 1981 to 1983, he was a consultant with Bain & Company in Boston. Mr. Darden serves on the Board of Governors of the Research Triangle Institute as well as the boards of Crown Financial Ministries, Shaw University and the Environmental Defense Fund. Mr. Darden earned a Masters in Regional Planning from the University of North Carolina, a Juris Doctor from Yale Law School and a Bachelor of Arts from the University of North Carolina, where he was a Morehead Scholar. He and his wife, Jody, have three grown children.