Solo Technology Holdings, LLC
Jeffrey I. Hermann, Founder & CEO
As the Founder and CEO of Solo Technology Holdings, LLC Mr. Hermann had developed a passion for innovation and technology in his early years. At the age of 12, he envisioned and hand-built a working electromagnetic combination safe. At the age of 14, he had developed his first computer video game by self-teaching and then programming several thousand lines of code in his high school computer lab. At the age of 17, for his final physics project, he designed and built a complex computer simulation program depicting the properties of elastic and inelastic equations. Mr. Hermann continued to study Computer Science and Marketing at the University of Maryland at College Park.
After his undergraduate studies, Mr. Hermann went on to hold various management roles in Global Telecommunications before starting his first private venture in 1992 as the CEO of MTX Communications Corporation, a NY based nationwide voice and data long distance telephone company. The business was ultimately acquired by a publicly traded cellular telephone company to strengthen the overall shareholder value.
Following the sale of Mr. Hermann’s telecom business, he returned to his roots and entered the computer software industry. Over the next 15 years, Mr. Hermann went on to a successful software career, holding key positions with Computer Associates, Business Objects (an SAP company), Oracle, salesforce.com and Adobe Systems.
Mr. Hermann currently lives in the NY metropolitan area with his wife Lisa, their son and daughter, and is a member of Mensa International.
Mitchell T. Danzig, President & COO
Mr. Danzig serves as President and Chief Operating Officer of Solo Technology Holdings, LLC. In this capacity, Mr. Danzig will oversee all operational aspects of the company, and together with Mr. Hermann, will identify opportunities for organizational growth both organically and through strategic partnerships and potential acquisitions. Mr. Danzig is well suited to assist in driving the company forward as he has had a long and admired history of achieving operational excellence across many facets of the Investment Banking arena, most recently leaving after almost two decades at Deutsche Bank where he held many senior management positions. He first started at Price Waterhouse as a staff auditor in their Financial Services division before moving up to a Product Controller for Lehman Brothers.
In 1998, Mr. Danzig was initially recruited by Deutsche Bank to work in London as a business manager for the Credit Derivatives desk and under his supervision, the desk experienced significant exponential growth in just his first three years. Mr. Danzig was recognized for his pragmatic and disciplined management style and thus promoted to the Global COO role for this business unit. Just two years later, Mr. Danzig was again promoted to be the Global CAO for the Global Markets Debt Division overseeing all budgeting, communication, people initiatives and change management.
Subsequently moving back to New York in 2006, Mr. Danzig was selected to be the Global COO for the Investment Banking Operations Division where he oversaw the operations for over 10,000 onshore and offshore staff at the bank. By 2009, Mr. Danzig was Deputy COO for the Investment Bank focused on over $6.0B of expenses and all related infrastructure service level agreements. Mr. Danzig, by now well known for his operational excellence within the bank, in 2013 was asked to become the Head of the Critical Infrastructure Program which concentrated on delivering regulatory compliance for the bank in North America working closely with the Federal Reserve Bank of New York examiners on all aspects of sustainable and consistent compliance with all of the new and complex regulatory rules governing the bank.
Mr. Danzig currently serves as a Board Member of Bottom Line, a non-profit organization helping low income, first generation students get into college, graduate from college and meet their full potential in life. Mr. Danzig has a long family history with a strong lineage and tradition of helping people. His father has been a prominent social worker for 40 years and his mother has been an influential teacher and fund raiser for both the American Heart Association and American Cancer Society. Mr. Danzig is a graduate of the University of Michigan concentrating on Accounting and Business Management. He currently lives in the New York metropolitan area with his wife Allison and their three sons.