Robert M. Chiste
Chief Executive Officer and Chairman
Bob is a well-respected business leader. He was the founding CEO of Comverge, Inc., which was funded in 2003 by a venture capital consortium. He led Comverge’s IPO in 2007, which reached a market capitalization of over $500 million prior to his retirement to begin Sorfina Capital in 2009. Sorfina Capital is his family investment fund focused on early stage clean energy and traditional energy services, with a portfolio of over a dozen companies. He has also served as an Executive-in-Residence for venture capital firms EnerTech Capital and El Dorado Ventures.
The innovative business model he created at Comverge has been widely recognized as the commencement and catalyst of the demand management industry in the U.S. Bob was President and CEO of Allwaste, Inc., a NYSE company from 1994 to 1998, when he lead the sale of the company to Philip Services in Hamilton, Ontario for over $500 million, a 290% gain for its shareholders. In addition to his leadership of early stage entrepreneurial companies, he has had P&L responsibility at divisions of public companies Transco Energy and Enron Oil and Gas.
He earned his B.A. in Mathematics from the College of New Jersey and his J.D. and M.B.A. from Rutgers University.
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