Advisory Board

E. Philip Saunders

Founded Truck Stops of America; Travel Ports and Sugar Creek Corporation.  Formerly Mr. Saunders was the Executive Vice President and Director of Ryder; Owner/CEO Econo-car International; Chairman of Griffith Energy and Owner/CEO of Richardson Foods Corporation.

Former member, Boards of Directors of American Red Cross; Boy Scouts of America; Fleet Bank, Genesee Valley Trust Company; Hahn Automotive; Excellus of New York; Ryder Systems; National Association of Truck Stop Operators (NATSO); PCORE Electric; Rochester General Hospital; Roswell Park; Ryder Systems and Travel Centers of America.  Mr. Saunders is currently the Chairman of Genesee Regional Bank.  Additionally he serves on the Board of Directors at American Rock Salt; Lewis Tree; Paul Smith's College; Rochester Institute of Technology; NYS Trooper Foundation; Torvec and Western New York Energy.

He also has ownership interest in Bristol Harbour Resort, Swain Ski Resort, Essex Properties and Youngblood Disposal.

Awards:  Boy Scouts of America God & Country Award, Eagle Scout; Doctorate of Commercial Science - Paul Smith's College; MDA Humanitarian Award; Livingston County Citizen of the Year; Saints & Sinners 1999 Fall Guy, Iroquois Council 2005 Distinguished Citizen; Livonia High School Athletic Hall of Fame; Rochester Business Hall of Fame; R.I.T. 2005 Herbert VanderBrul Entrepreneurial Award.  Winner of Adirondack 30 & 90 Miler Guide Boat Race 2007 & 2009; Second in 90 Miler 2005, 2006 and 2008 and won the 2010 Young Entrepreneurs Academy Empowerment Award.

Erland E. Kailbourne

Currently Chairman of Albany International Inc. (NYSE - AIN).  Mr. Kailbourne retired as Chairman and Chief Executive Officer of Fleet National Bank (NY Region).  He served with the Fleet organization or its predecessors for 37 years prior to his retirement on December 31, 1998.  He also served as Chairman of Financial Institutions, Inc and Five Star Bank from 2006 - 2010.

Mr. Kailbourne is a native of Wellsville, New York.  He graduated in 1961 from the State University College at Alfred with a degree in business administration, and in 1985 was awarded an honorary Doctor of Science by the State University of New York.

In 1962 he joined the office of the Comptroller of the Currency as a bank examiner in the Second Federal Reserve region, and served with the Comptroller's Office through 1966, including a tour in Europe and the Middle East.

Mr. Kailbourne joined First Trust Union Bank in Wellsville in 1966 after leaving the Comptroller's Office and held a variety of positions until being elected President in 1977.  First Trust Union Bank joined Security New York State Corp. in 1973, and Mr. Kailbourne was named a Director of Security New York State and subsequently was named President of Security Trust Company of Rochester in 1981.  Norstar Bancorp acquired Security Norstar and Mr. Kailbourne was named Chairman & CEO of Norstar Bank, N.A. when Norstar merged it's Buffalo and Rochester banks in 1987.  In 1993, Fleet merged its banking units statewide, and Mr. Kailbourne was named Chairman and CEO of the New York State $11.1 billion banking subsidiary headquartered in Albany, New York.

Mr. Kailbourne has been active in banking and professional associations, serving as a National Director of Robert Morris Associates and as Chairman of its Empire Chapter.  He served 5 years as Vice Chairman of the State University of New York Board of Trustees.  He is a past Director of the New York Business Development Corporation, New York State Banking Board and the Business Council of New York State, Inc.  He is also a past Director of both the Buffalo and Rochester Chambers of Commerce, as well as past Chairman of the New York State Bankers Association.

He is currently a Director of the New York ISO; Financial Institutions Inc. (NASDAQ - FISI) and its wholly owned subsidiary Five Star Bank; Rand Capital Corporation (NASDAQ - RAND); Allegany Co-op Insurance Company; and The Farash Corporation.  Mr. Kailbourne also serves as Chairman Emeritus of Business Backs the Bills.

Mr. Kailbourne is married and the father of three children.  He is an avid golfer and a multiengine instrument-rated pilot.

Mark Zupan

Dr. Mark Zupan's distinguished career spans over three decades beginning with a B.A. in Economics from Harvard University followed by a Ph.D. in Economics from the Massachusetts Institute of Technology.

In 1986, Dr. Zupan began teaching at the University of Southern California's Marshall School of Business where he became Associate Dean of the Masters Program and served in that position until 1994.  He was visiting professor at Dartmouth College's renowned Tuck School of Business during the 1995 academic year and became Dean of the University of Arizona's Eller College of Business and Public Administration in January 1997.  In January 2004 Dr. Zupan became Dean and Professor of Economics at the University of Rochester's William E. Simon Graduate School of Business Administration, a position he presently holds.

To list Dr. Zupan's many achievements, awards and honors would require a venue far greater than this one.  A cursory overview includes twice earning Harvard University's Allyn Young Teaching Prize in Economics as well as the Joseph R. Levenson Memorial Teaching Prize in 1985, Harvard's top award for excellence in undergraduate instruction and conferred each year to one graduate student teacher.  In recognition of his outstanding scholarship, Dr. Zupan was awarded USC's Burlington Resources Foundation Faculty Achievement Award in 1992.

Dr. Zupan is a sitting board member of the American Assembly of Collegiate Schools of Business, and has been a past member of Monroe County's Economic Development Strategy Team, the Graduate Management Admissions Council, and several editorial boards for such academic journals as Economic Inquiry and the Journal of Business Economics. He serves on the corporate boards of Constellation Brands, PAETEC Holdings, and the Farash Corporation. He has also volunteered his time as Treasurer and Board member for the Harley School and chairing the 2001-2002 United Way campaign for Southern Arizona.

A prolific writer and noted expert in his field, Mark Zupan has authored two books and over forty scholarly articles. His opinion pieces on topics ranging from energy, the macroeconomy, water policy, political economy, and higher education have appeared in outlets such as the New York Times, Wall Street  Journal, Los Angeles Times, Arizona Republic, Businessweek.com, Kiplingers, Tucson Daily Star, Rochester Democrat and Chronicle, and Huffington Post.

Dr. Zupan resides in Brighton, New York, and we are proud to have him on our Board of Directors.

Frank Chiaino

Founder and President of Fibertech Networks. As an original founder, Chiaino helped guide Fibertech through two successful rounds of financing.

Prior to joining Fibertech, Chiaino served as President and CEO of FiberNet Telecom Group, an integrated provider of intra-building networks and competitive local telecommunications services.

Preceding his tenure with FiberNet, Chiaino enjoyed a 30-year career with Time Warner Cable. After building and managing the nation's first urban cable system as Vice President, COO of Time Inc.'s Manhattan Cable subsidiary, he became President and CEO of Time Warner's cable and telephone operations in Rochester, NY. He also served concurrently as a Time Warner Cable Vice President.

In 1992, Chiaino directed a $100 million upgrade of the Time Warner cable system, involving more than 3,500 route miles and using hybrid fiber coax transport technology.

In Rochester, Chiaino led the development of one of America's first facilities-based Competitive Local Exchange Carrier (CLEC) operations. As a result, Time Warner was able to offer special access, dedicated, switched and enhanced data services to residential and business customers. This effort led to Chiaino's citation as 1995 Cablevision Magazine "Innovator of the Year." Chiaino attended Queens College and earned an MBA from the Columbia Business School.

Robert J. Hobaica

Bob is an entrepreneur with over 33 years of experience and a track record of success in the business world. He brings a wealth of experience to HNP Capital in strategic planning, marketing and business development. He thrives on optimizing sales efficiencies and real time market knowledge. He provides ideas, guidance and discipline to strategic analyses yielding actionable, quantifiable business improvements. He is positive, supportive, clear and empowering.

Bob has a passion for his work and prides himself on building strong relationships. He has a long history of relationship building and recognizes that personal relationships are the key to success. He is customer focused and intuitive.

Currently President and Founder of RJH Group Inc., a leading company in managed care strategy development, he has extensive experience in a variety of sales, marketing and development positions. He began his career in the Pharmaceutical Industry at Lederle Laboratories in 1979. He then worked for PreBac Medical Supplies from 1985-1989. From there, he had a successful career at 3M Pharmaceuticals for 9 years and was a managed care executive at Dura/Elan Pharmaceuticals. His unique experience makes Bob invaluable to the advisory team.

During his career 3M, Bob received numerous awards including 3M Sales Award for National Outstanding Sales Achievement. Bronze Level 1994, Outstanding Regional Sales Four Consecutive Quarters 1992, Gold Level Top Producers Award (ranked second Nationwide) 1991, Silver Level Top Producers Award (ranked 21st Nationwide) 1990.

He actively serves on several boards including SUNY IT, National House Calls, Ascio Pharmaceuticals and Concentric Pharma Advertising.

Bob enjoys spending time with family, travelling, and has a passion for collecting pop artwork. 

Andrew W. Dorn Jr.

President and Chief Investment Officer of Huntview LLC, a private investement company specializing in fixed income management. He was the founder and Chief Executive Officer of two financial institutions. In 1994, he led the organization of the Jamestown Savings Bank where he was president and CEO until the bank was sold in 1997 at which time he organized Great Lakes Bancorp (GLK,NYSE) the parent of the Greater Buffalo Savings Bank where he was also President and CEO. Mr. Dorn led the growth of the bank from a startup to a full service financial institution with more that $900 million in assets and 19 offices located throughout Western New York State. The bank was sold in 2008 to First Niagara Financial Group. Mr. Dorn sits on a number of both for profit and not for profit boards and is very active in the Western New York business and cultural community. He is a graduate of the State University of New York at Buffalo and earned a Master of Business Administration from Canisius College. 

Michael Cerminaro 

Mr. Cerminaro has over 28 years of experience in private equity, private credit, capital markets and leveraged finance. He currently serves as President & CEO of Cerminaro Group LLC ("CG"), a private equity advisory and investment firm. He is the CIO and head of the investment committee.

Prior to founding Cerminaro Group LLC, Mr. Cerminaro co-founded Sound Harbor Partners, a middle market private credit and CLO manager with $2.2 billion of AUM. While at Sound Harbor, he was a member of the board of directors, the management committee, the investment committee and chairman of the external relations committee. He was one of the original senior partners that helped launch BlackRock Private Equity Partners ("PEP"), a global private equity fund-of-funds platform with over $5 billion of AUM. 

Mr. Cerminaro has committed capital to over 100 private equity firms around the world, including venture capital, buyout and private credit managers. He has co-invested $2 billion of capital in 40 direct investments alongside leading private equity firms in the U.S. and Europe. 

Mr. Cerminaro currently serves on the board of directors for ACG NY Chapter, Diligent Consulting Group, ClickMail Marketing and DoughMain.com. He received his MBA in Finance from Texas A&M University and his B.S. from the State University of New York at Brockport.

Nicholas F. Laino

Nicholas F. Laino is currently serving as the Interim President and Senior Vice President for Administration and Finance at Herkimer County Community College in Herkimer.  He is Vice Chairman of the Board of Directors for the Central NY Regional Transportation Authority in Syracuse, NY and Chairman of the Audit and Finance Committee.  He also serves as a Community Director for the Bank of Cooperstown in Cooperstown, NY and as an Adjunct Lecturer at Utica College of Syracuse University, SUNY Institute of Technology at Utica/Rome, Cazenovia College and an Adjunct Associate Professor at Herkimer County Community College.  Mr. Laino also served as a Former Treasurer for the Utica City School District and Former Councilman for the City of Utica - elected at age 23. 

Mr. Laino received a Master of Science in Business Management and a Bachelor of Business Administration in Business and Public Management from SUNY Institute of Technology at Utica/Rome and an Associate in Applied Science in Business Administration from SUNY College of Technology at Delhi.

Mr. Laino’s Professional Affiliations include Vice President for the New York State Community College Business Officers Association where he formerly served as the Chairman of the Education Committee, Evaluator for Middle States Commission on Higher Education, Member of the SUNY Shared Services Steering Committee, and Former Member of the SUNY Strategic Planning “Group of 200”