E. David Ellington

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E. David Ellington is Co-Founder and President of GridSpeak Corporation. GridSpeak Corporation was conceived to integrate 21st-century financial services, processes, methodologies, technology and innovation to the wholesale electricity trading market. As such, GridSpeak Corporation is an energy services company that leverages market research, analytics, and proprietary technology to provide liquidity into the electricity markets. GridSpeak's proprietary technology, the GridSpeak Platform, is a comprehensive, web-based solution providing real-time and historical market information and analytical tools that convert data and information into market opportunities.

Mr. Ellington is a former Trustee and Commissioner on the San Francisco Employees' Retirement System (SFERS) Board (July 2002-January 2008). SFERS is the fifth largest pension fund in the State of California (No. 74 in the US). At that time, it had US$16.7 billion of assets under management. The SFERS Board also has oversight over a 457 Deferred Compensation Plan with over US$1.6 billion (No. 24 in the US) in assets. Mr. Ellington was Board President, 2003-2004; Chair, Investments Committee, 2003-2004 (Alternatives), 2006-2007; member, Investments Committee, 2002-2008; Chair, Governance Committee, 2003-2006; member, Governance Committee, 2002-2008. and member, Finance Committee, 2005-2008. Mr. Ellington was first appointed to the Board by San Francisco Mayor Willie Brown and then re-appointed to a second term by succeeding Mayor Gavin Newsom.

Before joining the SFERS Board, Mr. Ellington was chairman, president and chief executive officer of NetNoir Inc. (150+ employees; investors included Time Warner [NYSE:TWX]; Radio One [NASD:ROIA]), one of the first 'community portals' (the precursor to today's 'social networks'). Prior to NetNoir, Mr. Ellington was an attorney in Los Angeles. His firm specialized in international, entertainment and multimedia/new technology law. At that time, he served as the chairman of the international law section of the Beverly Hills Bar Association.

Mr. Ellington received his BA in History from Adelphi University and MA in Comparative Politics and Government [subfield:Africa] from Howard University. He received his JD from Georgetown University Law Center, where he concentrated on international, corporate and tax law. He then completed Cornell University's FALCON (Full Year Asian Language Concentration) Program in Japanese.

Mr. Ellington has extensive international experience in Tokyo, Singapore, Bangkok, London, Dubai, Paris and India. He has circumnavigated the globe (gone around the world) ten (10) times with the longest stint being 20 months.

Non-Profit activities: co-founder and chairman, OpNet - disadvantaged youth technology training program (1997-2002); charter member, TiE-Silicon Valley (2004- ); member, Business Executives for National Security (BENS) (2000-2002); board of governors, Commonwealth Club of California (2000-2002) - public affairs forum; board of directors, San Francisco Jazz Organization (SFJAZZ) (1999-2002).

Civic activities: Commissioner, Telecommunications Commission for the City and County of San Francisco (1997- 2002; President: 1997-2000); member, San Francisco Workforce Investment Board (WIB) (2001- 2002); member, United States Federal Trade Commission (FTC) Advisory Committee on Online Access and Security (2000); White House Fellowship regional review panelist (1999).

Academic activities: advisory board, Center for Media Studies, Rutgers University (1999-2002).

Awards: UPSIDE magazine's Technology 'Elite 100' (1999; 2000); BLACK ENTERPRISE magazine's 'Entrepreneurs Award': Business Innovator of the Year (1996).

Interests: travel; yoga; tennis; sailing and general physical exercise.

Mr. Ellington is a widower. He was married to Wendy Marx. He currently lives in San Francisco.

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