Heyward B. Davenport
Chief Financial Officer
Role: As chief financial officer Heyward is responsible for the financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
Heyward B. Davenport has spent half a century developing policies, designing strategies, and managing program initiatives to create and expand opportunities for people in underserved communities of America.
Most recently, Heyward served as the Northeast Regional Director of the U.S. Department of Commerce’s Minority Business Development Agency, (MBDA), in the Administrations of Presidents William J. Clinton, George W. Bush and Barack Obama, (18 years) overseeing and managing program operations in the 14 northeastern states, from Maine to West Virginia, Puerto Rico and the U.S. Virgin Islands, focused on establishing small businesses as a way to reduce poverty in minority communities. Mr. Davenport introduced the concept of a Strategic Growth Initiative (SGI) to MBDA, shifting the focus of the agency’s resources to growing minority owned businesses to size and scale. Mr. Davenport led several trade missions to China, visiting over 15 cities and meeting with over 200 top government and industry officials, to promote business ties between US minority business owners and the business community in China.
Mr. Davenport served as Chairman of the Board, of New York City’s Minority and Women’s Business Advisory Board, in the Administration of NYC Mayor Michael Bloomberg and received the New York City Leadership Award in a ceremony at Gracie Mansion.
Mr. Davenport served as Deputy Commissioner of the New York State Department of Commerce (12 years), in the administration of Governor Mario Cuomo. During this assignment he convened over 100 institutional financiers and bankers from across the United States in a day long discussion with recommendations shared with the financial community.
He served as Commissioner of the New York City Model Cities Administration, in the Administration of NYC Mayor Abraham Beam, and Executive Manager in the NYC Health Department in the Administration of NYC Mayor Edward Koch, overseeing and directing a wide range of programs aimed at building model neighborhoods in economically distressed communities of New York City, and coordinating the functions of key programs in the Department of Health.
Heyward served as Deputy Commissioner of the NYC Department of Social Services, and also served as Deputy Executive Director of the NYC Department of City Planning.
Mr. Davenport received the Presidents Lifetime Achievement Award from President Barack Obama in 2013. Heyward was inducted into the Minority Business Hall of Fame in 2009. He was the recipient of the Congressional Black Caucus Foundation Living Legacy Award, Lifetime Achievement Award from Miracle Corners of the World, Worldwide Lifetime Award (2012), VIP of the Year, Cambridge Who’s Who (2011), Who’s Who in Government, Public Sector Leadership Award (2006), Community Impact Award (2004), Crown Jewel Award (1999), Outstanding Altruistic Award (1977), and the Outstanding Community Service Award (1974).