Wade Randlett, Founding Board Member
Mr. Randlett is a co-founder and Executive Vice President of NextFuels, a privately held bio-diesel producer and distributor with offices in San Francisco, New Hampshire, and Singapore. In addition to his work at NextFuels, Mr. Randlett is a co-founder and equity partner of Enagra, Inc., a privately held bio-diesel trading house and holding company founded in 2003 to develop innovative bio-diesel projects.
Prior to Enagra, Mr. Randlett co-founded Technology Network, Silicon Valley’s bi-partisan political action committee. At TechNet, he was responsible for the strategy and execution of TechNet’s federal and state agenda. Mr. Randlett negotiated with the White House and Congress over issues including securities litigation reform, H1-B Visa expansion, FASB stock option treatment, and extension of the R&D Tax Credit.
Upon leaving TechNet, Mr. Randlett founded Bay Area Democrats, through which he has hosted events for dozens of national Democratic leaders, including President Barack Obama, former President Bill Clinton, all of the current Senate leadership and over 35 sitting Senators. He is a founding National Finance Committee Member of Obama for President, is a Democratic National Committee Trustee, a DSCC Majority Trust member, and was a founding National Finance Co-Chair of the Presidential campaigns of John Kerry in 2004, and Al Gore in 2000.
Mr. Randlett was the first outside Board of Directors member of E-Loan (Nasdaq: EELN), serving through its IPO, on its audit committee under Sarbanes-Oxley, and through its $425 million all-cash acquisition by Banco Popular. Among his numerous non-profit activities, Mr. Randlett is the President of the governing council for his children’s public school, Alice Fong Yu elementary in San Francisco. He also recently rotated off of the Board of KQED, the largest public radio and television station in the U.S., where he served for nine years on the Nominations & Governance committee, responsible for oversight of KQED’s $44 million annual budget and recruitment of new Directors.
Mr. Randlett holds a Bachelor of Science degree in Political Science from Princeton University and a juris doctorate from the University of San Francisco. He lives in San Francisco with his wife, Lorna Randlett, an executive at McKinsey & Co., and their son and two daughters.
