About Peter J. Boni
Peter J. Boni has a pedigree he’s earned over a +30 year accomplished career as an organizational captain. He has advanced by taking on the tough assignments of repositioning organizations that had run aground. During his career, he added nearly $5 billion of value as a science and technology CEO, consultant, director, and private equity/venture capital investor. Over a decade apart, in different regions and in separate categories, he was twice cited in Ernst & Young’s Entrepreneur of the Year competition, most recently in 2011 as Master Entrepreneur in Philadelphia. He has occasionally commentated for varying programs featured on CNBC, Fox Business, and The Street.com.
In May 2013, Peter retired from Safeguard Scientifics (NYSE: SFE) after more than seven years as CEO. During his tenure, he repositioned the near-death holding company (which fell in spectacular fashion with the burst of the internet bubble) to focus on segments of science and technology. His team completed three IPOs and sales to strategic buyers such as Oracle, Eli Lilly, Shire, McKesson, Beckton Dickenson, Parametric Technology Corporation, Teva Pharmaceuticals and GE, resulting in ~ $1 billion of exits thus far. In that period, Safeguard’s returns performed in venture capital’s top tier; its debt to equity ratio improved from 1:1 to 1:8. With net cash achieving record levels, its stock hit a post-bubble high, far outperforming The Russell 2000 and S & P 500, on a 6X increase in trading volume, while covering analysts leaped from 1 to 7 and institutional ownership grew from 25% to 75%.
Just before joining Safeguard, he served as an operating partner at Advent International, a leading global private equity firm and a top-quartile performer managing over $20 billion. Over the previous 22-year period as CEO of several technology companies (public, private, IPO), his firms were listed among the Inc. 500 five times, the Software 100 three times, and the Fast 50 and the Fortune 1000 twice. Earlier, he held Fortune 500 executive assignments in sales, marketing, and general management.
Peter has experienced dozens of mergers and acquisitions as both a buyer and a seller. He has presided over $1B of IPO, secondary or private financing; he has served on the boards of directors of two dozen public and private financial, healthcare and technology firms (ranging from $10 million to $1 billion) as chairman, independent director, committee head and/or CEO coach. He was chairman of TechAmerica, the technology industry’s flagship trade association, providing state, federal, and international lobbying services to its 1000+ company membership, to include several of the world’s largest technology firms.
Today, he is Chairman and on the national board of The Network for Teaching Entrepreneurship (NFTE), which has brought entrepreneurship training to over 700,000 poor, inner city youth in 21 U.S. states and nine countries. He is founding co-chairman of its Philadelphia branch.
In addition to a BA from University of Massachusetts at Amherst, he earned a Rice Paddy MBA in leadership on a “full scholarship,” courtesy of Uncle Sam. A decorated military veteran, Peter spent 15 months in combat as a special operations infantry officer. Throughout his business career, he has applied “lessons of leadership through adversity” from that life-altering experience. For example, he’s learned to never underestimate the importance of attracting, retaining, and rewarding well-trained, capable people who can think out of the box, navigate complexity, and work as a team—themes throughout his book, All Hands on Deck: Navigating Your Team Through Crises, Getting Your Organization Unstuck, and Emerging Victorious.