Raul J. Fernandez (born c. 1966 in
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...
) is an
entrepreneur
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
An entreprene ...
, investor, philanthropist and strategic partner. He is the founder of the website and internet services developer
Proxicom
Proxicom, Inc. was an interactive agency that developed custom-tailored interactive and web-enabled solutions. Founded in 1991 by American entrepreneur Raul Fernandez (entrepreneur), Raul Fernandez. Proxicom provided services for a number of ind ...
and vice chairman of
Monumental Sports & Entertainment
Monumental Sports & Entertainment (MSE) is an American sports management, sports and venue management company founded by Ted Leonsis in June 2010. Monumental owns and operates the NHL team Washington Capitals, the NBA team Washington Wizards, t ...
.
Career
Fernandez was born circa 1966. He founded
Proxicom
Proxicom, Inc. was an interactive agency that developed custom-tailored interactive and web-enabled solutions. Founded in 1991 by American entrepreneur Raul Fernandez (entrepreneur), Raul Fernandez. Proxicom provided services for a number of ind ...
, an internet development and consulting company, in 1991. Fernandez is the vice chairman of
Monumental Sports & Entertainment
Monumental Sports & Entertainment (MSE) is an American sports management, sports and venue management company founded by Ted Leonsis in June 2010. Monumental owns and operates the NHL team Washington Capitals, the NBA team Washington Wizards, t ...
, as well as a Special Advisor to General Atlantic Partners. Fernandez also serves on the board for
Broadcom
Broadcom Inc. is an American multinational corporation, multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data cen ...
, of DXC Technology,
GameStop
GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer, headquartered in Grapevine, Texas (a suburb of Dallas). The brand is the largest video game retailer worldwide. , the company operated 3,203 stor ...
, and was previously a Director from 2001-2017 and Chairman of the Compensation Committee for Kate Spade & Company before they were sold to
Tapestry
Tapestry is a form of Textile arts, textile art which was traditionally Weaving, woven by hand on a loom. Normally it is used to create images rather than patterns. Tapestry is relatively fragile, and difficult to make, so most historical piece ...
in July 2017. He is a current Chairman of the Board for RemoteRetail, and ObjectVideo, a technology company sold to Alarm.com in 2017, and named a 2005 Technology Pioneer by the
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
.
Fernandez, a native Washingtonian, is an active philanthropist in D.C. regional nonprofits, focusing his energy primarily on educational reform. In 2000 he co-founded Venture Philanthropy Partners (VPP), a philanthropic investment organization based in Washington, DC. Mr. Fernandez is a board member of DC College Access Program (DC-CAP), the DC Public Education Fund, and the Fernandez Foundation, and was previously the Chairman of Fight for Children.
Early life and education
Fernandez grew up in Silver Spring,
Maryland
Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east ...
with his family. He is the son of a
Cuba
Cuba, officially the Republic of Cuba, is an island country, comprising the island of Cuba (largest island), Isla de la Juventud, and List of islands of Cuba, 4,195 islands, islets and cays surrounding the main island. It is located where the ...
n father and an
Ecuadorian mother. While a student at
St. John's College High School
St. John's College High School (SJC, SJCHS, or St. John's) is a Catholic high school in Washington, D.C. Established in 1851, it is the third oldest Christian Brothers school in the United States, and was one of the oldest Army JROTC schools u ...
, he attended a Capitol Hill fundraiser for Hispanic Republicans with his father. One of his father's friends introduced him to Congressman
Jack Kemp
Jack French Kemp (July 13, 1935 – May 2, 2009) was an American politician, professional Gridiron football, football player, and U.S. Army veteran. A member of the Republican Party (United States), Republican Party from New York, he served a ...
's chief of staff leading Fernandez to a part-time
intern
An internship is a period of work experience offered by an organization for a limited period of time. Once confined to medical graduates, internship is used to practice for a wide range of placements in businesses, non-profit organizations and g ...
position translating
Spanish
Spanish might refer to:
* Items from or related to Spain:
**Spaniards are a nation and ethnic group indigenous to Spain
**Spanish language, spoken in Spain and many countries in the Americas
**Spanish cuisine
**Spanish history
**Spanish culture
...
documents. During this time, he was given his first
laptop computer
A laptop computer or notebook computer, also known as a laptop or notebook, is a small, portable personal computer (PC). Laptops typically have a Clamshell design, clamshell form factor (design), form factor with a flat-panel computer scree ...
and was his high school yearbook caption read, "Most remembered for being the first to have a computer."
Proxicom
In 1991, Fernandez left his job at Digicon and founded
Proxicom
Proxicom, Inc. was an interactive agency that developed custom-tailored interactive and web-enabled solutions. Founded in 1991 by American entrepreneur Raul Fernandez (entrepreneur), Raul Fernandez. Proxicom provided services for a number of ind ...
with $40,000. In late 2000, Proxicom gathered interest from two buyers:
Compaq
Compaq Computer Corporation was an American information technology, information technology company founded in 1982 that developed, sold, and supported computers and related products and services. Compaq produced some of the first IBM PC compati ...
and
Dimension Data
Dimension Data was a company specialising in information technology services. Based in Johannesburg, South Africa, the company maintained operations on every inhabited continent. Dimension Data focused on services including IT consulting, tec ...
. A bidding war ensued and Proxicom was bought by Dimension Data.
From 2000 to 2002, he served as Chief Executive Officer for Dimension Data North America, and as a Director of its parent company, Dimension Data Holdings Plc, in 2001.
Monumental Sports & Entertainment
Fernandez is the vice chairman and a limited partner of
Monumental Sports & Entertainment
Monumental Sports & Entertainment (MSE) is an American sports management, sports and venue management company founded by Ted Leonsis in June 2010. Monumental owns and operates the NHL team Washington Capitals, the NBA team Washington Wizards, t ...
, a sports and venue management company that owns the
Washington Capitals
The Washington Capitals (colloquially known as the Caps) are a professional ice hockey team based in Washington, D.C. The Capitals compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NH ...
of the
NHL
The National Hockey League (NHL; , ''LNH'') is a professional ice hockey league in North America composed of 32 teams25 in the United States and 7 in Canada. The NHL is one of the major professional sports leagues in the United States and Cana ...
, the
Washington Wizards
The Washington Wizards are an American professional basketball team based in Washington, D.C. The Wizards compete in the National Basketball Association (NBA) as a member of the Southeast Division of the Eastern Conference. The team plays i ...
of the
NBA
The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...
, and the
Washington Mystics
The Washington Mystics are an American professional basketball team based in Washington, D.C. The Mystics compete in the Women's National Basketball Association (WNBA) as a member of the Eastern Conference (WNBA), Eastern Conference. The team was ...
of the
WNBA.
Other ventures
Fernandez is an active technology investor in disruptive companies across multiple verticals across all growth stages. He is the Chairman of a leading SaaS fashion company, RemoteRetail
that is partnered with top brands such as Cosabella
and ELOQUII. Fernandez is also an investor in Radius Networks, a leading provider of proximity technology solutions for major retailers, restaurant chains, sports and entertainment complexes. He is an investor in the Professional Fighters League, the world's only major mixed martial arts league. In addition to traditional professional sports teams, Fernandez has invested in the top team in eSports, Cloud9,
a North American eSports team out of Los Angeles.
References
External links
Monumental Sports profileObject Video profile
{{DEFAULTSORT:Fernandez, Raul
1960s births
American chief executives
American people of Cuban descent
American people of Ecuadorian descent
Businesspeople in software
Living people
Monumental Sports & Entertainment
St. John's College High School alumni
University System of Maryland alumni
Year of birth missing (living people)