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==Business==
==Business==
Morris founded [[Rubicon Technologies]], formerly known as Rubicon Global, in 2008 after collaborating with a high school friend, Marc Spiegel.<ref name="vanity fair '16" /><ref name="NYT '14" /><ref name="Forbes Disrupt Trash" /> The company is focused on business-to-business and municipal [[waste]] and [[recycling]] services. Key investors that Morris engaged for Rubicon early on included [[John Ashcroft]], the former [[United States Attorney General|U.S. Attorney General]] in the George W. Bush administration, and others.<ref name="NYT '14" /> Rubicon works to improve inefficiencies in the waste management industry by analyzing data and pairing multinational clients with local waste companies.<ref name="NYT '14">{{cite news |title=Dividing and Conquering the Trash |last1=Zax |first1=David |url=https://www.nytimes.com/2014/10/26/business/dividing-and-conquering-the-trash.html |work=The New York Times |date=October 25, 2014 |accessdate=July 22, 2020}}</ref><ref name="Fortune 40under40 '14">{{cite news |title=40 Under 40 2014 |last1= |first1= |url=https://fortune.com/40-under-40/2014/nate-morris/ |work=Fortune |date=2014 |accessdate=July 22, 2020}}</ref> Rubicon became a public company in August of 2022, listing on the [[New York Stock Exchange]] under the ticker symbol RBT. <ref name="Fox Business">{{cite news |title=Taking out the trash: Rubicon brings waste digital marketplace to NYSE as the company goes public | last1=Altus| first1=Kristen | url=https://www.foxbusiness.com/markets/taking-out-trash-rubicon-brings-waste-digital-marketplace-nyse-company-goes-public | work=Fox Business | date=August 16, 2022 | accessdate=August 29, 2022}}</ref>
Morris founded [[Rubicon Technologies]], formerly known as Rubicon Global, in 2008 after collaborating with a high school friend, Marc Spiegel.<ref name="vanity fair '16" /><ref name="NYT '14" /><ref name="Forbes Disrupt Trash" /> The company is focused on business-to-business and municipal [[waste]] and [[recycling]] services. Key investors that Morris engaged for Rubicon early on included [[John Ashcroft]], the former [[United States Attorney General|U.S. Attorney General]] in the George W. Bush administration, and others.<ref name="NYT '14" /> Rubicon works to improve inefficiencies in the waste management industry by analyzing data and pairing multinational clients with local waste companies.<ref name="NYT '14">{{cite news |title=Dividing and Conquering the Trash |last1=Zax |first1=David |url=https://www.nytimes.com/2014/10/26/business/dividing-and-conquering-the-trash.html |work=The New York Times |date=October 25, 2014 |accessdate=July 22, 2020}}</ref><ref name="Fortune 40under40 '14">{{cite news |title=40 Under 40 2014 |last1= |first1= |url=https://fortune.com/40-under-40/2014/nate-morris/ |work=Fortune |date=2014 |accessdate=July 22, 2020}}</ref> Rubicon became a public company in August of 2022, listing on the [[New York Stock Exchange]] under the ticker symbol RBT. <ref name="Fox Business">{{cite news |title=Taking out the trash: Rubicon brings waste digital marketplace to NYSE as the company goes public | last1=Altus| first1=Kristen | url=https://www.foxbusiness.com/markets/taking-out-trash-rubicon-brings-waste-digital-marketplace-nyse-company-goes-public | work=Fox Business | date=August 16, 2022 | accessdate=August 29, 2022}}</ref>
<ref>{{Cite web |title=Rubicon Technologies, Inc. (RBT) Stock Price, News, Quote & History - Yahoo Finance |url=https://finance.yahoo.com/quote/RBT/ |access-date=2022-10-17 |website=finance.yahoo.com |language=en-US}}</ref><ref> {{Cite web url=https://www.wastedive.com/news/rubicon-stock-spac-morris-jefferies-waste/634144/ |access-date=2022-11-01 |language=en-us}}</ref>. The Board appointed then-CTO Phil Rodoni as CEO of Rubicon Technologies, LLC, succeeding Mr. Morris in the position as of October 13, 2022. The company entered into a transition and consulting agreement with Mr. Morris the same day.<ref>{{Cite web |last=SEC |title=Current Report 8-K |url=https://sec.report/Document/0001829126-22-017960/ |access-date=2022-10-17 |website=SEC.report |language=en}}</ref> During the transitional period, Morris will serve as Chairman of the Board, Director, and strategic advisor.<ref>{{Cite web |last=Cawthon |first=Haley |date=October 17, 2022 |title=Rubicon Technologies names new CEO |url=https://www.bizjournals.com/louisville/inno/stories/news/2022/10/17/rubicon-technologies-names-new-ceo.html |access-date=2022-10-24 |website=www.bizjournals.com}}</ref><ref>{{Cite web |date=October 14, 2022 |title=Rubicon Technologies Promotes CTO Phil Rodoni To Succeed Nate Morris As CEO |url=https://www.nasdaq.com/articles/rubicon-technologies-promotes-cto-phil-rodoni-to-succeed-nate-morris-as-ceo}}</ref> 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. He also received some $1,800,000 and over 8,000,000 Restricted Stock Units in compensation and was contractually given the opportunity to secure book rights on the story of Rubicon for future use, and the company is authorized to use the name, image, and likeness of Morris.


Morris is also the founder and CEO of recycling [[Conglomerate (company)|conglomerate]] Morris Industries, based in [[Lexington, KY|Lexington, Kentucky]].<ref name="YGL">{{cite news |title=Lexington man named one of 2014 Young Global Leaders |last1=Watson |first1=Julie |url=https://outline.com/F43FrY |work=The Lexington Herald-Leader |date=March 11, 2014 |accessdate=July 22, 2020}}</ref>
During Mr. Morris' time as CEO, Rubicon's stock fell from $7.94 to $1.37 between on August 17 and October 13th, 2022.<ref>{{Cite web |title=Rubicon Technologies, Inc. (RBT) Stock Price, News, Quote & History - Yahoo Finance |url=https://finance.yahoo.com/quote/RBT/ |access-date=2022-10-17 |website=finance.yahoo.com |language=en-US}}</ref><ref> {{Cite web url=https://www.wastedive.com/news/rubicon-stock-spac-morris-jefferies-waste/634144/ |access-date=2022-11-01 |language=en-us}}</ref>. The Board appointed then-CTO Phil Rodoni as CEO of Rubicon Technologies, LLC, succeeding Mr. Morris in the position as of October 13, 2022. The company entered into a transition and consulting agreement with Mr. Morris the same day.<ref>{{Cite web |last=SEC |title=Current Report 8-K |url=https://sec.report/Document/0001829126-22-017960/ |access-date=2022-10-17 |website=SEC.report |language=en}}</ref> During the transitional period, Morris will serve as Chairman of the Board, Director, and strategic advisor.<ref>{{Cite web |last=Cawthon |first=Haley |date=October 17, 2022 |title=Rubicon Technologies names new CEO |url=https://www.bizjournals.com/louisville/inno/stories/news/2022/10/17/rubicon-technologies-names-new-ceo.html |access-date=2022-10-24 |website=www.bizjournals.com}}</ref><ref>{{Cite web |date=October 14, 2022 |title=Rubicon Technologies Promotes CTO Phil Rodoni To Succeed Nate Morris As CEO |url=https://www.nasdaq.com/articles/rubicon-technologies-promotes-cto-phil-rodoni-to-succeed-nate-morris-as-ceo}}</ref> 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. He also received some $1,800,000 in compensation and was contractually given the opportunity to secure book rights on the story of Rubicon for future use, and the company is authorized to use the name, image, and likeness of Morris.

In addition to Rubicon, Morris is also the founder and CEO of recycling [[Conglomerate (company)|conglomerate]] Morris Industries, based in [[Lexington, KY|Lexington, Kentucky]].<ref name="YGL">{{cite news |title=Lexington man named one of 2014 Young Global Leaders |last1=Watson |first1=Julie |url=https://outline.com/F43FrY |work=The Lexington Herald-Leader |date=March 11, 2014 |accessdate=July 22, 2020}}</ref>


===Memberships and awards===
===Memberships and awards===

Revision as of 03:21, 2 November 2022

Nate Morris
Morris at the 2015 Breeders' Cup World Championships in Lexington, Kentucky
Born (1980-10-16) October 16, 1980 (age 43)
Alma materGeorge Washington University (BA)
Princeton University University of Oxford
Occupation(s)Founder and Chairman of of Rubicon
Morris Industries Entrepreneur
Spouse
(m. 2011)
AwardsFortune 40 Under 40, Kentucky Entrepreneur Hall of Fame (2019)
Websitenatemorris.com
Signature

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

Early life

A ninth generation Kentuckian, 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]

At 17, Morris was high school senior class president, a member of the National Honor Society, captain of the debate team, and one of 96 high school students nationwide selected to represent their states for Boys Nation that year, where he met President Bill Clinton.[4][7] 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 and was elected Phi Beta Kappa.[8][9] After graduating in 2003,[7] he spent time in China teaching business management and working for Kentucky's Cabinet for Economic Development before pursuing graduate studies at the Princeton School of Public and International Affairs.[6][5][10]

At Princeton, he studied under former Senate Majority Leader Bill Frist, former member of the U.S. House of Representatives Jim Leach, and was named a fellow at the Center for the Study of Presidency.[3][11]

Morris also attended University of Oxford’s Said Business School and is a member of the Oxford Union.

Early career and politics

Morris was raised in a family of Reagan Democrats[3] and worked in several government offices including the U.S. House of Representatives, the U.S. Senate, the U.S. Department of Labor, and the White House.[10]

Morris is a Republican and has been described as a "wunderkind" political fundraiser by The New York Times.[12] Aged 23, Morris raised money for President George W. Bush's 2004 reelection campaign and was recognized as one of its "Mavericks", having raised over $50,000.[7] He has worked in internships and fundraising 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 worked for Northup, McConnell and at the White House while at George Washington University.[5]

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] Paul wrote about Morris and Rubicon in his book, Taking a Stand: Moving Beyond Partisan Politics to Unite America.[13]

In 2014, Morris received the Leadership Institute's Conservative Leader Award[14] and Maverick PAC Future 40 Award.[15]

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. Key investors that Morris engaged for Rubicon early on included John Ashcroft, the former U.S. Attorney General in the George W. Bush administration, and others.[5] Rubicon works to improve inefficiencies in the waste management industry by analyzing data and pairing multinational clients with local waste companies.[5][2] Rubicon became a public company in August of 2022, listing on the New York Stock Exchange under the ticker symbol RBT. [16] [17][18]. The Board appointed then-CTO Phil Rodoni as CEO of Rubicon Technologies, LLC, succeeding Mr. Morris in the position as of October 13, 2022. The company entered into a transition and consulting agreement with Mr. Morris the same day.[19] During the transitional period, Morris will serve as Chairman of the Board, Director, and strategic advisor.[20][21] 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. He also received some $1,800,000 and over 8,000,000 Restricted Stock Units in compensation and was contractually given the opportunity to secure book rights on the story of Rubicon for future use, and the company is authorized to use the name, image, and likeness of Morris.

Morris is also the founder and CEO of recycling conglomerate Morris Industries, based in Lexington, Kentucky.[22]

Memberships and awards

Morris was named Outstanding Young Kentuckian by the Kentucky Junior Chamber of Commerce in 2007, later being named an "Outstanding Young American" honored by the United States Junior Chamber in 2013 for his founding of Rubicon Technologies. He was inducted into the Kentucky Entrepreneur Hall of Fame in November 2019.[23] [24] He is a member of the Council on Foreign Relations, the Trilateral Commission, and the Board of Directors of Business Executives for National Security.[25][24]

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. Retrieved 2022-10-17.
  2. ^ a b "40 Under 40 2014". Fortune. 2014. Retrieved July 22, 2020.
  3. ^ a b c d e f Goldmacher, Shane (18 June 2014). "Rand Paul's New Confidant". National Journal. Retrieved 25 December 2015.
  4. ^ a b c Fields, Greg (1998). "Youth dreams of presidency". The Courier Journal from Louisville, Kentucky: 21. Retrieved July 22, 2020.
  5. ^ a b c d e f g h Zax, David (October 25, 2014). "Dividing and Conquering the Trash". The New York Times. 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. Retrieved July 22, 2020.
  7. ^ a b c d e f Cheves, John (29 August 2004). "Kentucky 'Maverick' reels in serious cash for GOP campaign". Lexington Herald-Leader. Retrieved 25 December 2015.
  8. ^ Gaines, Patrice (August 21, 1999). "A Look at History From Room 723". The Washington Post. 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. Retrieved July 22, 2020.
  10. ^ a b c Kosoff, Maya (June 2, 2016). "Why Did Leo Dicaprio Join a Garbage Start-up—Literally?". Vanity Fair. Retrieved July 22, 2020.
  11. ^ "A Dialogue on Presidential Challenges and Leadership" (PDF). Center for the Study of the Presidency. Retrieved 30 December 2015.[permanent dead link]
  12. ^ Peters, Jeremy; Martin, Jonathan (22 March 2014). "Paul Has Ideas, but His Backers Want 2016 Plan". New York Times. Retrieved 25 December 2015.
  13. ^ Paul, Rand (26 May 2015). Taking a Stand: Moving Beyond Partisan Politics to Unite America. Center Street. pp. 320. ISBN 978-1455549566.
  14. ^ Kudlick, Ali. "Kentucky Entrepreneur Leads toward Conservative Environmentalism". Retrieved 28 December 2015.
  15. ^ "MavPAC Announces Future 40 Award Recipients". Retrieved 28 December 2015.
  16. ^ Altus, Kristen (August 16, 2022). "Taking out the trash: Rubicon brings waste digital marketplace to NYSE as the company goes public". Fox Business. Retrieved August 29, 2022.
  17. ^ "Rubicon Technologies, Inc. (RBT) Stock Price, News, Quote & History - Yahoo Finance". finance.yahoo.com. Retrieved 2022-10-17.
  18. ^ Template:Cite web url=https://www.wastedive.com/news/rubicon-stock-spac-morris-jefferies-waste/634144/
  19. ^ SEC. "Current Report 8-K". SEC.report. Retrieved 2022-10-17.
  20. ^ Cawthon, Haley (October 17, 2022). "Rubicon Technologies names new CEO". www.bizjournals.com. Retrieved 2022-10-24.
  21. ^ "Rubicon Technologies Promotes CTO Phil Rodoni To Succeed Nate Morris As CEO". October 14, 2022.
  22. ^ Watson, Julie (March 11, 2014). "Lexington man named one of 2014 Young Global Leaders". The Lexington Herald-Leader. Retrieved July 22, 2020.
  23. ^ "Kentucky native is co-founder, CEO of Rubicon Global". The Lane Report. November 17, 2014. Retrieved July 22, 2020.
  24. ^ a b "Nate Morris". Bloomberg.com. Retrieved June 23, 2021.
  25. ^ "Nate Morris". Atlantic Council. Retrieved August 19, 2021.