We know we can’t do it alone, that’s why Nor1 welcomes and searches for the influence and guidance from business and technology’s greatest minds. Our Board of Directors and Chairman’s Circle are a balanced blend of skill and experience, allowing each member to offer guidance in critical areas of the Nor1 business. It’s been that influence that has led to some of the biggest names in capital investment to sit up and take notice of this burgeoning upstart.
Art Norins is a proven entrepreneur, who has successfully built multiple businesses from concept to reality. Currently he serves as the Founder, Chairman and CEO of Nor1, a hyper growth internet company headquartered in Silicon Valley, California. He founded Nor1 to meet the needs of travel suppliers searching for innovative ways to increase revenue while simultaneously enhancing the consumers travel experience at a phenomenal value. Nor1 has over 75 team members with revenues being generated in 70+ countries and 30+ currencies. Nor1’s lead investors include Goldman Sachs, Otter Capital, PAR Capital and #1 globally rated VC firm, Accel Partners (Facebook investor). Some of the customers that leverage Nor1’s eStandby product suite include Hilton Worldwide, Hyatt, InterContinental, Radisson, Fairmont, Sol Melia, Kimpton, and Four Seasons to name a few. Through the building of Nor1, Art has developed an impressive network of high level relationships in the travel industry, investment community (Blackstone, Colony Capital, TPG, major VC firms) and Silicon Valley.
Prior to creating Nor1, he founded Sandium, a B2B commercial heating ventilation and air conditioning system equipment supplier which provides engineered solutions for mission critical applications such as bio-tech facilities. Sandium also has initiatives in the high-end residential market along with partner manufacturing facilities in Germany and China. Art continues his role as Chairman of Sandium. Art is passionate about supporting fellow entrepreneurs; whether that be via angel investment, mentoring / board / advisory board roles or speaking engagements [Cornell University, Erasmus (Rotterdam), Harvard, Purdue, Stanford, etc…]. He has philanthropic initiatives in Sub-Saharan Africa and serves on the Board of the Indiana Institute of Global Health along with Purdue University's Strategic Alliance Council. Art has traveled extensively (visited over 100 countries spanning six continents) and has lived internationally. He is a patent holder and earned an Engineering degree from Purdue University.
Mr. Pasquesi serves as Vice Chairman of the Board and Chairman of the Finance and Investment Committee of Arch Capital Group Limited (Nasdaq: ACGL), a Bermuda based insurance and reinsurance company with $4+ billion of shareholders equity and $9+ billion of investment assets. Mr. Pasquesi also serves as Chairman of the Board of AgraQuest, a leading producer of biopesticides and as a director of several other private companies.
Mr. Pasquesi graduated from Dartmouth College (AB degree in Religion 1981) and Stanford Graduate School of Business Administration (MBA degree 1985).
Otter Capital was founded by John Pasquesi to make a variety of private equity investments. Prior to founding Otter Capital, Mr. Pasquesi was a Managing Director and member of the Executive Committee of Hellman & Friedman LLC, a private equity investment firm that has raised and managed over $4.8 billion of committed capital. Prior to joining Hellman & Friedman in 1987, Mr. Pasquesi was associated with Golder, Thoma & Cressey, a Chicago based private equity firm.
Mr. Padgett became Executive Vice President, Concur Platform Services in 2011. Since joining Concur in 1997, he has served in various roles including Executive Vice President and General Manager, EMEA, Vice President International Sales and Marketing, Director of Concur's Asia Pacific region, Director of Consulting Services, and Director of Business Development.