Frank Raines

Frank Raines is Executive Chairman and co-founder of XAPPmedia. In that role he provides strategic guidance, assists in marketing and fundraising, and leads the board in oversight of the management team. Frank is the retired Chairman and CEO of Fannie Mae and previously was a General Partner of the investment bank Lazard Freres & Co. He was also the Director of the Office of Management and Budget in the Clinton Administration. He has served on the board of Directors of six Fortune 100 companies. Frank also served as Co-Chairman of the Business Roundtable and Vice Chairman of the Business Council.

Frank has been an investor and board member of several start-up companies including Revolution Health (merged with Everyday Health), Revolution Money (acquired by American Express), Extend Health (acquired by Towers Watson), and Exclusive Resorts. Frank is a graduate of Harvard College and Harvard Law School. He attended Magdalen College, Oxford University as a Rhodes Scholar.