Mr. Hutcheson serves as the Executive Chairman and co-CEO of Kymeta Corporation. Kymeta is a privately held, world leading electronically steerable terminal manufacturer and provider of services for global connectivity. The technology operates globally with existing space satellites (GEOs), future low earth (LEOs) and middle earth orbit (MEOs) satellites, and cellular connectivity. Kymeta is a world leader of utilizing metamaterials in conjunction with holographic beam forming to produce a new generation of connectivity products and services. He is responsible for the strategic and financing activities of the company and serves as the Chairman of the Board.
Mr. Hutcheson served as a senior advisor of Technology, Media and Telecom (TMT) for Searchlight Capital beginning in January 2015. Searchlight is a global private investment firm with nearly $4B in capital under management with offices in London, New York and Toronto focused on North America and Europe. Searchlight invests and operates with businesses where its long-term capital and strategic support accelerate value creation for all stakeholders. Most recently, Mr. Hutcheson participated in the sale of Electric Lightwave/ Integra to Zayo for $1.4B which provided a nearly three times return on invested capital.
Mr. Hutcheson served as chief executive officer and a director of Laser, Inc., a corporation created in connection with the acquisition of Leap Wireless International (Leap) by AT&T on March 13, 2014 through May 30, 2017. Laser, Inc. managed the sale of Leap’s 700 MHz license in Chicago, Illinois to T Mobile USA in connection with certain contingent value rights issued to Leap’s stockholders in the AT&T acquisition at nearly 60% premium to the value expected at the time of the original company sale.
Mr. Hutcheson formerly served as the Chief Executive Officer and a member of the Board of Directors of Leap Wireless Incorporated and its operating subsidiary Cricket Communications, where he was responsible for developing and implementing strategy, all operations, and the oversight of all relationships and partnerships for the Company until its sale in March 2014 to AT&T. Mr. Hutcheson joined Leap as a member of its founding management team in September 1998 and was appointed chief executive officer in February 2005. Mr. Hutcheson also held a number of other leadership positions at Leap, including serving as president and chief financial officer between 2002 and 2005 and as acting chief financial officer between 2007 and 2008. In addition to these leadership roles, Mr. Hutcheson held various executive roles at Leap between 1998 and 2002 with responsibility for areas including strategic planning and product and business development.
From 1995 to 1998, Mr. Hutcheson served as vice president, marketing, in the wireless infrastructure division at Qualcomm Incorporated where he led multiple teams. Prior to working at Qualcomm, Mr. Hutcheson held positions in multiple areas including field engineering, manufacturing, sales and customer support. He has spent extensive time working and living abroad on all seven continents as a general manager and business executive.
Mr. Hutcheson serves as a member of the board of directors of the publicly traded companies of Pitney Bowes Inc. since 2012 and is the Chair of the Finance Committee, and InterDigital Corporation, where he serves as Chairman of the Board since June 2015. He serves on the AgilePQ board of directors which is a post quantum cyber security encryption technology provider. He is Immediate Past Chair and current voting member of the Board of Trustees of Rady Children’s Hospital, the largest provider of pediatric hospital services in San Diego County, also serving as Chair of its Compensation Committee, member of the Executive and Strategic Planning, Governance and Investment Committees. Since 2015, he has served as a member of the Board of Directors of Rady Children’s Institute for Genomic Medicine, a non-profit research organization leading a medical revolution to end the diagnostic odyssey for neonatal and pediatric rare disease.
Mr. Hutcheson holds a Bachelor of Science degree in Mechanical Engineering from California State Polytechnic University, San Luis Obispo and a Masters of Business Administration from the University of California, Irvine, where he graduated summa cum laude. His technical efforts and business acumen over the years has resulted in the issuance of fourteen patents. He is married to Gail Steffy Hutcheson for over 30 years and has two children.