Nate Morris

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Nate Morris
Morris at the 2015 Breeders' Cup World Championships in Lexington, Kentucky
Born (1980-10-16) October 16, 1980 (age 43)
Lexington, Kentucky, U.S.
Alma materGeorge Washington University (BA)
Princeton University University of Oxford
OccupationBusinessman
Spouse
​
​
(m. 2011)​
Websitenatemorris.com
Signature

Nathaniel Ryan Morris (born October 16, 1980) is an American businessman. He is the founder of Lexington, Kentucky-based recycling company Morris Industries. He also founded and chairs the software company Rubicon, where he formerly served[1] as CEO.

Early life

Originally from Lexington,[2][3] Morris grew up in Louisville, Kentucky with his single mother, Miranda Morris,[4] and maternal grandparents.[5] He was close to his grandfather, Lewis Sexton, who was a former president of the Ford plant United Auto Workers union in Louisville.[3][6] While attending Eastern High School,[4] Morris reportedly developed political aspirations after multiple spinal fractures derailed his hopes of a football career in the fall of 1996.[5][7]

Beginning in 1999, Morris attended George Washington University on a academic scholarship from the Ancient and Accepted Scottish Rite of Freemasonry in Washington, D.C.,[6][7] where he studied international affairs.[8][9] Morris attended graduate school at the Princeton School of Public and International Affairs.[6][5][10] Morris also attended University of Oxford’s Said Business School and is a member of the Oxford Union.[citation needed]

Early career and politics

Morris is a Republican and is noted as a political fundraiser.[11] Morris raised over $50,000 for President George W. Bush's 2004 reelection campaign.[7] He has worked in a variety of roles for several Kentucky Republicans, including Congresswoman Anne Northup, Gov. Ernie Fletcher, Senate Majority Leader Mitch McConnell and Labor Secretary Elaine Chao (McConnell's wife).[7]

Morris is a friend and supporter of U.S Senator Rand Paul. He traveled with Paul to Israel in 2013 and raised money for his Senate and presidential campaigns,[3] becoming one of his top fund-raisers.[5]

Business

Morris founded Rubicon Technologies, formerly known as Rubicon Global, in 2008 after collaborating with a high school friend, Marc Spiegel.[10][5][6] The company is focused on business-to-business and municipal waste and recycling services. Rubicon became a public company in August of 2022, listing on the New York Stock Exchange under the ticker symbol RBT.[12]

During Mr. Morris' time as CEO, Rubicon's stock fell from $7.94 to $1.37 between on August 17 and October 13th, 2022.[13][14] The Board appointed then-CTO Phil Rodoni as CEO of Rubicon Technologies, LLC, succeeding Morris in the position as of October 13, 2022. Morris retained a consulting role as part of the transition.[15][16] As part of the agreement, Morris will retain the position of Chairman of the Board through February 2023, and the right to the title of Founder of the company.[16][17]

Morris is also the founder and CEO of recycling company Morris Industries, based in Lexington, Kentucky.[18]

Personal life

Morris married Jane Mosbacher on New Year's Eve 2011. She is the daughter of Robert Mosbacher Jr., the head of the Overseas Private Investment Corporation under George W. Bush, and granddaughter of George H. W. Bush's commerce secretary Robert Mosbacher Sr.[3]

References

  1. ^ "Rubicon Technologies Announces Leadership Transition". investors.rubicon.com. Archived from the original on 2022-10-17. Retrieved 2022-10-17.
  2. ^ "40 Under 40 2014". Fortune. 2014. Archived from the original on July 29, 2020. Retrieved July 22, 2020.
  3. ^ a b c d Goldmacher, Shane (18 June 2014). "Rand Paul's New Confidant". National Journal. Archived from the original on 18 November 2022. Retrieved 25 December 2015.
  4. ^ a b Fields, Greg (1998). "Youth dreams of presidency". The Courier Journal from Louisville, Kentucky: 21. Archived from the original on November 18, 2022. Retrieved July 22, 2020.
  5. ^ a b c d e Zax, David (October 25, 2014). "Dividing and Conquering the Trash". The New York Times. Archived from the original on November 25, 2020. Retrieved July 22, 2020.
  6. ^ a b c d Konrad, Alex (January 10, 2017). "Meet Rubicon Global, The Startup Using Uber's Playbook To Disrupt Your Trash". Forbes. Archived from the original on July 17, 2020. Retrieved July 22, 2020.
  7. ^ a b c d Cheves, John (29 August 2004). "Kentucky 'Maverick' reels in serious cash for GOP campaign". Lexington Herald-Leader. Archived from the original on 9 December 2018. Retrieved 25 December 2015.
  8. ^ Gaines, Patrice (August 21, 1999). "A Look at History From Room 723". The Washington Post. Archived from the original on December 16, 2018. Retrieved July 22, 2020.
  9. ^ Bykowicz, Julie (May 29, 2014). "Rand Paul's money man Nate Morris leverages trash contacts for political cash". Lexington Herald Leader. Archived from the original on July 6, 2018. Retrieved July 22, 2020.
  10. ^ a b Kosoff, Maya (June 2, 2016). "Why Did Leo Dicaprio Join a Garbage Start-up—Literally?". Vanity Fair. Archived from the original on October 21, 2020. Retrieved July 22, 2020.
  11. ^ Peters, Jeremy; Martin, Jonathan (22 March 2014). "Paul Has Ideas, but His Backers Want 2016 Plan". New York Times. Archived from the original on 21 November 2018. Retrieved 25 December 2015.
  12. ^ Altus, Kristen (August 16, 2022). "Taking out the trash: Rubicon brings waste digital marketplace to NYSE as the company goes public". Fox Business. Archived from the original on August 29, 2022. Retrieved August 29, 2022.
  13. ^ "Rubicon Technologies, Inc. (RBT) Stock Price, News, Quote & History - Yahoo Finance". finance.yahoo.com. Archived from the original on 2022-10-17. Retrieved 2022-10-17.
  14. ^ "Rubicon's stock has struggled since going public. Is the SPAC trend to blame?". Archived from the original on 2022-11-02. Retrieved 2022-11-01.
  15. ^ SEC. "Current Report 8-K". SEC.report. Archived from the original on 2022-10-14. Retrieved 2022-10-17.
  16. ^ a b Cawthon, Haley (October 17, 2022). "Rubicon Technologies names new CEO". www.bizjournals.com. Archived from the original on 2022-10-17. Retrieved 2022-10-24.
  17. ^ "Rubicon Technologies Promotes CTO Phil Rodoni To Succeed Nate Morris As CEO". October 14, 2022. Archived from the original on October 31, 2022. Retrieved October 31, 2022.
  18. ^ Watson, Julie (March 11, 2014). "Lexington man named one of 2014 Young Global Leaders". The Lexington Herald-Leader. Archived from the original on June 2, 2021. Retrieved July 22, 2020.
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