• The Columbia River

    Near Vancouver, Washington USA

  • Hibernia Networks

  • Magnet Networks

    Dublin, Ireland

  • Park Place

    Rockwall, Texas

  • Pivotel Group

    Australia

A Brief CVC History

Columbia Ventures Corporation (CVC) is a private investment company currently focused principally on the international telecommunications industry.  While practicing law in 1987, Ken Peterson, CEO of CVC, created Columbia Aluminum Corporation and led the purchase and rehabilitation of a closed aluminum smelter adjacent to the Columbia River in Washington State.  In 1988, CVC was formed as a subsidiary to hold non-smelting investments, including what became the largest aluminum extrusion business west of the Mississippi River.  In 1996, CVC became an independent company wholly-owned by the Peterson family.  In 1997 CVC commenced construction of a state-of-the-art aluminum smelter in Iceland.  In the early years of the 21st century CVC divested its aluminum assets.  Beginning with the success of its innovative business model in the aluminum industry, CVC has continued to invest in a wide range of strategic, innovative or contrarian opportunities.

Management Team

Kenneth D. Peterson, Jr., Founder and Chief Executive Officer

Mr. Peterson graduated from Willamette University’s College of Law in 1980.  He had earlier earned an AB in Government, with High Honors, and been inducted into Phi Beta Kappa at The College of William and Mary. In 1987, while actively practicing law, he purchased and re-opened an aluminum smelter in Washington State. Subsequently he founded Columbia Ventures Corporation and led in the creation or acquisition of several subsidiary businesses.

Mr. Peterson is a Director of American Capital Ltd., a NASDAQ-listed company.  Mr. Peterson is also a Director of the Washington Policy Center, a non-profit research center.

David M. Brewer, Vice Chairman

Mr. Brewer has over 35 years of experience in the aluminum industry.  Prior to joining Columbia in 1988 he held various executive positions with Anaconda Aluminum Company, Arco Aluminum (a division of Atlantic Richfield Corporation) and Hydro Aluminium (a division of Norway ‘s Norsk Hydro). His positions included Vice President of Marketing and Sales as well as General Manager. Mr. Brewer is a graduate of Ball State University .

Mr. Brewer serves on the Board of Mid Park Inc., a metal fabrication company and the board of The Home of the Innocents, a non-profit in Louisville, Kentucky.

Susan D. Cruz, Chief Financial Officer

Ms. Cruz was appointed as CFO in 2013 having served as VP of Finance and Accounting since 2004. Since joining the Company in 1989 she has served in various roles in the Finance area including Vice President of Administration and Control and Corporate Controller. Prior to joining CVC, she was with Coopers & Lybrand for five years.

She is a CPA and holds an MBA from Portland State University and a Bachelors degree from University of Portland.

Bjarni K. Thorvardarson, Vice President Corporate Development and CEO of Hibernia Networks

Mr. Thorvardarson joined CVC in 2002 from ISB bank where he launched and managed the listed Talenta-Technology fund which focused on emerging communication and IT opportunities. Previously his work experience included investment banking at FBA bank, management of an MIS department and European Sales Director of an IT company. Mr. Thorvardarson holds an M.Sc. degree in Engineering from UW-Madison, an MBA from ISG in Paris and an M.Sc. in Finance from London Business School.

Kipling J. Peterson, Chief Investment Strategist

Mr. Peterson joined CVC in 1996. He has been involved in the financial markets for over 20 years, ranging from the pits at the Chicago Mercantile Exchange to the trading desks of an off the floor derivatives firm. He currently manages CVC’s publicly traded investment portfolio.

Stanley P. Hanks, Chief Telecom Strategist

Prior to joining CVC in 2003, Mr. Hanks had been a consultant to top tier venture capital organizations and their portfolio companies. A serial entrepreneur, Mr. Hanks has 25 years of experience as an executive in Internet and telecom startup efforts, including Enron Broadband, Genuity, and MFS Datanet. Mr. Hanks has multiple degrees in computer science from Rice University and is currently managing SlideStorm LLC.

Charles W. Bricker, President of Columbia Development Company

Mr. Bricker joined Columbia in 1989 with over 10 years of experience in technical and management positions in the aluminum industry. He managed numerous CVC portfolio companies including Columbia Commercial Building Products, Columbia Aluminum Products and Technol, an aluminum extruding company in Mexico. Today Mr. Bricker manages CVC’s various real estate developments and land holdings in Texas as well as providing advisory services to other CVC companies and investments.

Mr. Bricker has served on the board of the Rockwall Chamber of Commerce and as a member and chairman of the Rockwall Planning and Zoning Commission. He is a past president of the Rockwall Breakfast Rotary Club.

James E. Trunzo, Vice President, Specialty Chemicals

Mr. Trunzo has over 29 years of operating and management experience in the production of alloys and industrial chemicals from ores and post-industrial materials. An Air Force veteran, he has a B.Sc. in Metallurgical Engineering from Western Michigan University . Prior to joining CVC in 2000, Mr. Trunzo held various management and operating positions with Union Carbide and Dow Corning. In 1989 he joined Silicon Metaltech and was instrumental in reorganizing the company from bankruptcy and was elected Chairman, CEO, and President in 1992. In 1993 the assets were sold to American Silicon Technologies and subsequently to CVC. His current assignment involves the commercialization of unique technologies for the production or beneficiation of silica fume,  precipitated silica and specialty fluoride chemicals.