2009 – Present: Chairman of Gemini Capital LLC - venture fund investing in early stage development companies involving new technologies.
Portfolio Companies: Materials Lifecycle Management Corporation (MLMC); Chairman, NanoVapor Inc.; Vice Chairman, Powersite Capital LLC; Board Member.
2000 - 2009: During this time, he held the position of Chairman of Iridium Holdings LLC. He was the leader of the investor group that restructured Iridium Satellite LLC out of Bankruptcy on 12/12/00. He served as CEO during the initial post-bankruptcy period and as Chairman of the parent company, Iridium Holdings LLC from 12/00 to 12/09. Iridium Communication operates the world’s largest satellite constellation and is a rapidly growing and profitable entity providing global voice and data communications services to numerous U.S. and foreign government agencies and commercial customers serving over 700,000 subscribers.
Other Business Affiliations: 1) 2005 - 2009: Dan Colussy was a member of the Board of Directors of Horizon Lines Inc., a container ship company listed on the NYSE. 2) 1989 - 1999: He was the Chairman of the Board of Care First Inc., a health care company with revenues of $4.4 Billion whose affiliates included the Blue Cross Blue Shield™ Plans of Maryland, the District of Columbia, and Delaware. 3) 1992 - 2001: He was a member of the Board of Constellation Energy Group Inc., formerly Baltimore Gas & Electric Company™. 4) 1998 - Present: He is the Chairman of Gemini Capital, a private investment firm.
1985 - 1997: For this amount of time, he was Chairman, President, and CEO of UNC Inc., formerly known as the United Nuclear Corporation. United Nuclear was a fully integrated nuclear company whose activities included the production of submarine reactors for the U.S. Navy, participation in the U.S. Government nuclear weapons program, and the production of nuclear fuels. Beginning in the late 1980’s, the company was restructured out of the nuclear field into the aerospace and aviation fields, which included the manufacture of aircraft components, the overhaul of aircraft and jet engines, and the provision of various aviation services to commercial and military customers. UNC was listed on the New York Stock Exchange, was headquartered in Annapolis, Maryland, and had revenues of $1.1 Billion. The Company was sold to the General Electric Co.™ in November 1997.
1981-1984: He held the positions of Chairman, President, and CEO of Canadian Pacific Airlines, which was headquartered in Vancouver, British Columbia, Canada. CP Air, now merged with Air Canada™, operated a major domestic and global airline network spanning five continents that included the ownership of the Canadian Pacific Hotel chain. He also served as Chairman of Columbia Air™, a U.S. regional startup airline during this period.
1970-1980: For this 10-year period, Mr. Colussy was President and COO of Pan American World Airways™ headquartered in New York City. He also held several other senior executive operating and marketing positions prior to being named President. In the 1970’s Pan Am™ was the world’s largest international airline serving 120 countries with 41,000 employees.
1956-1969: During this period, he held various positions with several companies including Wells, Rich, & Green™ advertising agency, Northeast Airlines™, American Airlines™, and as an engineer in General Electric’s Flight Propulsion Division.
1953-1956: Before working in business, he served in U.S. Coast Guard as a deck and engineering officer on the USCGC Winnebago (WPG) operating in the Western Pacific.
Dan Colussy holds a Master's Degree in Business Administration from Harvard University, a Bachelor's of Science Degree in engineering from the U.S. Coast Guard Academy, and a Commercial Pilot's License. Avocations include sailing, skiing, and golf. He was married to Helene Graham, who has since then passed. He has two daughters and four grandchildren and he currently resides in Jupiter, Florida.
He has served on the Board of Visitors for Johns Hopkins Medicine and the College of Business. The Advisory Council of St. Johns College and the Historic Annapolis Foundation have also enlisted his services. The Chesapeake Bay Foundation and the Hospice of Chesapeake have also received his aid and in 1997, Mr. Colussy became a Beacon of Hope Honoree.
Currently, he is a member, and former president, of the Wings Club in New York City. The Harvard Club of New York City, Metropolitan Club of Washington, DC, The Bear's Club of Florida, and the Trump National Golf Club also have his membership.
Mr. Colussy has been a member of several clubs over the years. Other former clubs include:
• Royal Corinthian Yacht Club, Cowes, UK
• Royal Vancouver Yacht Club, BC
• Corinthian Yacht Club, Marblehead, MA
• Larchmont Yacht Club, NY
• Old South Country Club, MD
• Annapolis Yacht Club, MD
• Chartwell Country Club, MD
• BallenIsles Country Club. FL
• Economic Club of Washington, D.C.
He was a distinguished graduate of the United States Coast Guard Academy, and has received the Order of St. Johns in Canada. Overseas, he has earned the Order of Cavaliere, which was presented to him by the Government of Italy.