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    Arunas Chesonis

    Managing Partner at Safar Partners

    Arunas Chesonis is a prominent figure in the fields of telecommunications and renewable energy, currently serving as a Managing Partner at Safar Partners, a venture capital firm focused on commercializing innovative technologies. He co-founded Safar Partners in early 2019, where he plays a crucial role in guiding investments in sectors like cleantech, advanced materials, and life sciences.14

    Background and Education

    Chesonis holds a B.S. in Civil Engineering from the Massachusetts Institute of Technology (MIT) and an MBA from the William E. Simon Graduate School of Business at the University of Rochester. He also received an Honorary Doctorate of Laws from the University of Rochester.234 His academic involvement includes serving on the board of the MIT School of Engineering Dean's Advisory Council and being a member of the MIT Corporation.23

    Career Highlights

    Before his role at Safar Partners, Chesonis was the CEO and Chairman of Sweetwater Energy, a renewable energy company specializing in biofuels and biochemical technologies. He has been instrumental in advancing sustainability initiatives through significant investments in environmental research projects.125

    Chesonis is perhaps best known for founding PAETEC Holding Corp. in 1998, where he served as Chairman and CEO until its acquisition by Windstream Communications in 2011 for approximately $2.3 billion. Under his leadership, PAETEC grew significantly, establishing itself as a major player in the telecommunications industry.256

    Philanthropy and Impact

    His philanthropic efforts are notable; through the Chesonis Family Foundation, he has contributed nearly $10 million to support environmental research at MIT, focusing on addressing climate change and promoting sustainability.35

    Chesonis's extensive experience and commitment to innovation and sustainability make him a key figure in shaping future technologies that aim to tackle pressing global challenges.

    Highlights

    Sep 22 · rbj.net
    Profile: Arunas Chesonis - Rochester Business Journal
    Feb 22 · marketscreener.com
    Arunas A. Chesonis: Positions, Relations and Network

    Related Questions

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    Arunas Chesonis
    Arunas Chesonis, photo 1
    Arunas Chesonis, photo 2
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    Location

    Austin, Texas, United States