Aventiv Technologies Appoints Teresa Hodge Corporate Advisory Board Chair

Aventiv Technologies, the leading technology company empowering rehabilitative justice by pioneering the development and deployment of educational platforms as a rehabilitation tool for the incarcerated, recently announced the launch of its corporate advisory board to help fulfill its multi-year commitments to transformation.

The board is comprised of 11 leaders representing a cross-section of constituencies and communities. Ms. Teresa Hodge, a formerly incarcerated business executive and reentry advocate, will serve as board chair. Ms. Hodge is the founder, President and CEO of Mission: Launch, a nonprofit that works with financial institutions to help the formerly incarcerated secure start-up capital for businesses. Forbes Magazine named Ms. Hodge to its first-ever 2021 50 Over 50 list of women business executives and activists. In addition to Ms. Hodge, members of the advisory board include a former President of the National Bar Association, the CEO of a leading Hispanic American nonprofit organization, former executives from GE and IBM, former U.S. Federal Communications Commission and U.S. Department of Labor senior officials, community activists, and public policy experts.

“I have committed myself to reduce the harm prison causes to individuals and their families, especially children,” said Ms. Hodge. The fact is our prison system makes reentry incredibly difficult. I am pleased to play an impactful role in helping Aventiv use its place inside facilities to improve outcomes for justice-involved families and cement the foundation for systemic change. Once part of the problem, Aventiv is now part of the solution.”

Advisory Board members will work in tandem with C-Level Aventiv executives who share similar expertise and responsibilities to drive actionable business engagements and ensure the company is best serving the needs of its consumers and customers. Board members will also collaborate with individuals in correctional facilities, their loved ones, community leaders, government agencies, reform advocates, and others on ensuring that Aventiv is fully utilizing its connectivity for those who need it most.

The advisory board will report to Aventiv CEO Dave Abel and work cross-functionally with other members of the company’s management team on its sweeping transformation into a modern technology business providing education, reentry and rehabilitation services in addition to communications.

“When I became CEO two years ago, I committed to forever changing this company by transforming how it does business and by putting the incarcerated people we serve at the heart of every product and decision we make. We have undertaken an ambitious transformation to make investments work for all the people whose lives are affected by the criminal justice system,” Mr. Abel said. “These changes were long overdue. Now we’re investing hundreds of millions of dollars in a broader suite of technology products and services that support communications and education, reentry, and rehabilitation. We are very fortunate to have a stellar group of advisors in our boardroom.”

“This is a powerful group that is vital to our transformation efforts at Aventiv,” said Mr. Tom Gores, Chairman and CEO of Platinum Equity. “They represent not only a new layer of accountability, but also a critical source of intellectual capital that will help drive the next generation of pricing, product development, customer and consumer engagement, and regulatory and legislative reform.”

Mr. Yusef D. Jackson, a senior advisor to Aventiv, was instrumental in developing the board structure and roster.
“The formation and launch of the Advisory Board is a crucial step in Aventiv’s ongoing transformation,” said Jackson. “We’ve made notable progress, but to be most effective, we must be better connected as a Company to the communities we serve and have unfettered access to bold, independent perspectives from people who will help guide us in new ways and hold us accountable to our commitment for change. I am confident this group of thought leaders and advocates will hold a mirror to our actions and role as industry leaders and, most importantly, speak the hard truths necessary to fix a broken system for good. We’re well positioned and ready for the work ahead.”

For corporate development and board curation advisory services, Aventiv retained Jarvis Stewart, Chairman and CEO of HP Global Advisors.

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