Today, we welcome Douglas (Doug) Haynes to the Just Capital Board of Directors. Doug joins the board with decades of experience in asset management, consulting, and technology services. His full bio can be found below.
“Doug has been a longstanding partner and advisor to Just Capital and his deep understanding of what C-suite leaders need and value makes this the perfect moment to formalize his role,” says Just Capital CEO Martin Whittaker. “As we continue to grow as an organization, Doug’s perspective at the board level will be invaluable. Welcome Doug!”
Douglas D. Haynes
Douglas (Doug) Haynes is an experienced executive leader and entrepreneur in the asset management, consulting, and technology services industries.
Doug began his career as a software developer for the Central Intelligence Agency then became a design engineer and marketing professional for GE Plastics before earning his MBA.
In 1992, Doug joined McKinsey & Company where he helped build the firm’s practices in Operations and High Tech and served the leaders of several Fortune 100 corporations. He was a member of the Atlanta, London, Connecticut, and New York offices. Doug became a Senior Partner and led the Northeast Region of the US and Global Operations practices before retiring from the firm after 22 years.
Doug joined Steve Cohen’s hedge fund (SAC) in 2014 as an advisor, guided the founder through the transformation to Point72 Asset Management, then became the new firm’s first President. His four-year tenure featured outperformance of peer competitors, restoration of Cohen’s SEC license, launch of the firm’s venture capital arm and raising nearly $4.5bn in assets for the fund’s launch.
Doug is an active board member and philanthropist for the causes of poverty-fighting and veterans’ support. He is a founding board member of the Cohen Veteran’s Network; a board member, Audit and Finance Committee chair, and Executive Committee member of the Robin Hood Foundation in New York; and board member and Finance Committee member of Camp Southern Ground in Georgia. He is also a founding board member of the Center for Global Enterprise. Doug has served as a board member and/or advisor to Singtel Corporation, the Darden Graduate School of Business, Cohen Veteran’s Bioscience, Villanova University, and the Canterbury School.
Doug graduated summa cum laude in mechanical engineering from West Virginia University and was a Shermet Scholar at the Darden Graduate School of Business. He is the author of a book on effective CEO leadership and six works of historical fiction. He and his wife, Laurice, live in Ridgefield, Connecticut.
NEW YORK, NY November 10, 2025 – Just Capital, the leading independent nonprofit on corporate stakeholder performance, today announced the appointment of six new members to its board of directors: Mehdi Ansari (Partner, Sullivan & Cromwell LLP), Jonathan Auerbach (Former EVP and Chief Strategy, Growth & Data Officer, PayPal Holdings Inc.), Laxman Narasimhan (Former CEO, Starbucks Corporation; Reckitt; PepsiCo LatAm, Europe, and SS Africa); Franz Paasche (EVP, Corporate Affairs, Verizon Communications Inc.), Stephanie Stahl (Senior Advisor & Executive Coach, Boston Consulting Group), and Charles C.Y. Wang (Professor of Business Administration, Harvard Business School).
The additions bring deep leadership experience and expertise across technology, research, communications, and corporate strategy and governance, positioning the organization to accelerate its transformation into an AI-powered corporate intelligence platform that helps business leaders optimize both business and stakeholder performance.
The new board members join under the leadership of Board Chair Dan Schulman (CEO of Verizon Communications Inc.), alongside Co-Founder Paul Tudor Jones II, whose vision launched JUST Capital in 2014.
“At a time when executives are transforming their businesses to win in an AI-powered economy and deliver long-term sustainable growth, Just Capital’s work has never been more critical,” said Dan Schulman. “These six exceptional leaders bring precisely the expertise we need to help America’s companies navigate complexity, deploy AI responsibly, and generate value for business, stakeholders, and society. I’m thrilled to welcome them to the board.”
The appointments come as Just Capital prepares to fully launch its Just Intelligence platform in 2026, following a successful beta period. The platform provides C-suites and boards with interactive insights on stakeholder performance, competitive benchmarking and scenario planning capabilities, and strategic guidance on critical issues including worker engagement, customer treatment, responsible AI deployment, and environmental and community impacts.
“These board additions accelerate our ability to deliver against our mission and drive impact at scale,” said Martin Whittaker, Chief Executive Officer of Just Capital. “Each brings a unique lens that will help us deliver even greater value to the companies and communities we serve. Together with Dan’s leadership and Paul’s founding vision, this board is equipped to guide Just Capital through its most ambitious chapter yet.”
Full bios for new board members can be found below.
For media inquiries, please contact:
Tyler Spalding: tspalding@justcapital.com
Mehdi Ansari is a partner and Co-Head of Sullivan & Cromwell’s Intellectual Property and Technology Group and the Firm’s Artificial Intelligence Practice. Mehdi’s practice focuses on advising clients on a wide range of transactions involving intellectual property and technology, including mergers and acquisitions, joint ventures, licenses, collaborations, research and development agreements, settlements and strategic advice.
Mehdi is widely recognized as a leader in his field, known for “deftly handling major transactions” for industry icons (IAM Patent 1000). He is ranked Band 1 by Chambers USA, was named an “MVP in Technology” by Law360, an “IP Trailblazer” by The National Law Journal, one of the world’s leading patent professionals by IAM Patent 1000 seven years in a row, and a “Rising Star in Sports & Betting” by Law360.
Jonathan Auerbach is a globally respected executive and strategic advisor with over 30 years of leadership experience spanning technology, telecommunications, and financial services. Throughout his career, he has counseled CEOs, Executive teams, and Boards and led growth and transformative initiatives at some of the world’s most prominent companies.
Most recently, Jonathan spent nearly a decade at PayPal, serving as Chief Strategy and Growth Officer and a member of PayPal’s Executive Leadership Team. In this role, he was instrumental in defining and driving the company’s global strategy, platform expansion, and customer engagement, as well as leading PayPal’s M&A and Ventures Teams. He also served as Chairman of PayPal’s Operating Group for four years, where he led cross-functional coordination and enterprise execution. Among his most notable accomplishments, Jonathan incubated PayPal’s blockchain and digital currency business and launched the PayPal USD, the company’s stablecoin — placing PayPal at the forefront of the emerging digital asset ecosystem.
Prior to PayPal, Jonathan was Chief Executive Offer of Digital Life at SingTel, Asia’s leading communications group. As CEO of Digital Life, he was responsible for shaping and scaling a portfolio of digital businesses across video, data analytics/machine learning and mobile commerce. He also served as a member of SingTel’s top executive leadership team, playing a central role in the company’s strategic transformation from a traditional telecom provider to a forward-looking digital technology enterprise.
Jonathan spent 27 years at McKinsey & Company, advising global clients on strategy, innovation, and large-scale transformation. As a Senior Partner of McKinsey, he held multiple leadership roles. He led the Firm’s technology Practice in the United States, working with top-tier technology companies through periods of major disruption and growth. He later relocated to Singapore to lead the Southeast Asian Region for 5 years, and he later led the Firm’s Telecommunications, Media & Technology (TMT) Practice in Asia.
Jonathan serves on the Board of Directors of the Principal Financial group and has served on the Board of the National Committee on US-China Relations. He is a life member of the Council on Foreign Relations. He is an active venture investor and strategic Advisor
Jonathan graduated Phi Beta Kappa, Magna Cum Laude from Dartmouth College, where he was a National Harry S. Truman Scholar, and received a BA and an MA from Oxford University in England, where he was a Keasbey Memorial Foundation Scholar.
Laxman is a transformational, people-driven operator with over 30 years of experience leading and advising global brands. He brings demonstrated strategic skills, operational grit, and commercial acumen to deliver world-class outcomes and exceptional results. Laxman is focused on leading, advising and investing in an era of deglobalization, shifting consumer dynamics, and the rise of AI.
At PepsiCo, Laxman rallied talent to fundamentally transform the Latin American Sector through consumer-centric and digital innovation, operational excellence and execution, while positioning the European and Sub-Saharan business for long-term growth. At Reckitt, he reinvigorated the company’s ownership culture to better deliver on its purpose to protect, heal and nurture in the relentless pursuit of a cleaner and healthier world. Laxman led the team through an immediate strategy reset, courageous portfolio reshaping, and digital transformation; invested in science and innovation as well as commercial excellence; and stepped up productivity and talent focus to deliver very strong performance amid a global pandemic. At Starbucks, after working in stores for six months to deeply learn the business, he led a reinvention program to fundamentally improve the partner experience while implementing the strategic roadmap for customer experience and connection over coffee-navigating headwinds and positioning the company for its next phase of growth.
Prior to PepsiCo, his global career at McKinsey over 19 years straddled consumer, retail, consumer health, consumer tech, industrial, and private capital. He is a trustee of Brookings Institution, a member of the Council on Foreign Relations, and a member of Verizon’s Board of Directors. He was previously a member of the UK Prime Minister’s Build Back Better Council.
Laxman speaks six languages. He and his family have lived around the world, as he has worked across the private, public, and social sectors throughout the U.S., Canada, Latin America, Europe, Asia and Africa. He holds a degree in Mechanical Engineering from the College of Engineering, University of Pune, India. He also has an MA in German and International Studies from The Lauder Institute at The University of Pennsylvania, and an MBA in Finance from The Wharton School of the University of Pennsylvania.
Franz brings more than 30 years of experience leading public affairs, communications, government relations, and social impact across both private and public sectors. In his newly-created leadership role at Verizon, Franz is establishing a Corporate Affairs function that includes the company’s Global Communications, Responsible Business, and Public Policy and Government Affairs teams.
Before joining Verizon, Franz served as EVP of Public Affairs and Communications at Columbia University and Chief Corporate Affairs Officer at PayPal. Under his leadership, he played a pivotal role in defining PayPal’s mission and values and building its reputation, which contributed to the company’s consistent recognition by Fortune as one of the World’s Most Admired Companies every year from 2017 to 2023.
Prior to his time at PayPal, Franz held key leadership roles in communications, reputation risk management and law, including serving as the Head of External Relations for North America at McKinsey & Company, Senior Partner at Fleishman Hillard, Managing Director of Clark & Weinstock, General Counsel of Market Data Corporation and litigator at Paul, Weiss, Rifkind and Garrison.
Franz earned his JD from the Columbia University School of Law, where he was a Harlan Fiske Stone Scholar, and graduated with high honors from Swarthmore College.
Stephanie Stahl is a consumer driven and value-creation focused business leader, brand builder, board member, executive coach, and advisor with extensive marketing and strategy experience in high growth, turnaround, and early-stage operating environments. She has significant business transformation, post-merger integration and public board leadership experience – including M&A, sustainability, and activist expertise.
Stephanie is an active public and private company board director and was formerly Chief Marketing & Strategy Officer at both Coach, Inc. and Revlon, Inc., and a Managing Director & Partner at Boston Consulting Group. She is the Co-Founder and former CEO of Ace of Air – a B Corp Certified circular beauty and wellness brand.
Stephanie serves on four public company boards: Carter’s, Inc., where she chairs the Business Transformation Committee; Dollar Tree, Inc., where she chairs the Sustainability and Corporate Social Responsibility Committee; Edgewell Personal Care Company; and Newell Brands Inc. She previously served on the boards of Knoll, Inc., where she chaired the Nominating, Governance & ESG Committee, and Founders Table, an L Catterton portfolio company. Stephanie also serves on the board of Kibo, a Vista Equity portfolio company. She is an early-stage venture advisor and angel investor through her company Studio Pegasus LLC and serves as an Executive Coach and Senior Advisor to BCG.
Stephanie previously served as a board member for the Susan G. Komen Breast Cancer Foundation. Stephanie holds a bachelor’s degree in quantitative economics from Stanford University, and an MBA, with distinction, and a master’s degree in sustainability, Dean’s List, from Harvard University.
Charles C.Y. Wang is the Tandon Family Professor of Business Administration at Harvard Business School and a Research Member of the European Corporate Governance Institute (ECGI). His research focuses on corporate governance and valuation, examining how information, incentives, and institutional design shape corporate behavior and value creation. His research on these topics has been published in leading academic journals such as the Journal of Financial Economics, Review of Financial Studies, Journal of Accounting and Economics, and The Accounting Review, as well as practitioner outlets including Harvard Business Review, The Wall Street Journal, and The Boston Globe.
Professor Wang’s academic leadership includes editorial positions in two leading management journals: Associate Editor of Management Science and Journal of Accounting Research. Within Harvard Business School, he serves as the Course Head of Financial Reporting and Control and a Faculty Coordinator of the school’s doctoral program. Beyond academia, Professor Wang serves on the board of Wanin International, a leading Taiwanese online video gaming and digital-entertainment group.
Professor Wang’s work has been cited by major media outlets such as The Economist, Financial Times, New York Times, Washington Post, Bloomberg, and Forbes as well as in legal proceedings and policy discussions, including the Council of Economic Advisers’ economic report to the President and congressional testimonies. His research has won several awards, including the Jensen Prize for the Best Paper in Corporate Finance (Journal of Financial Economics) and the Investor Responsibility Research Center Institute’s Annual Investor Research Award. He has taught MBA, doctoral, and executive education courses in corporate governance, valuation, and financial reporting. His teaching excellence has been recognized with several awards, including the Charles M. Williams Award for Excellence in Teaching and the Wyss Award for Excellence in Doctoral Mentoring.
NEW YORK, NY September 29, 2025 – Just Capital today announced three strategic appointments to its C-suite leadership team. These hires, with 50+ years of combined expertise across private and nonprofit sectors, equip the organization to complete a significant transformation into an AI-powered data and insights platform focused on measuring, improving, and showcasing corporate stakeholder performance. This new approach will allow Just Capital to provide valuable intelligence – including critical guidance on responsible AI deployment – that helps corporate executives and boards optimize performance on key worker, customer, community, environmental, and shareholder priorities, driving superior outcomes for business and society. It will also increase the impact and scope of the organization’s rankings, indexes, and investment work.
“Just Capital’s transformation couldn’t come at a more important time,” said Martin Whittaker, Chief Executive Officer of Just Capital. “Corporate leaders today are faced with unprecedented change and complex, often competing stakeholder demands. With these hires, the leadership team at Just Capital is supremely well positioned to help companies navigate this new landscape, while unlocking value for stakeholders, shareholders, and society at large. That’s the win-win-win we’ve always believed in, and we couldn’t be more excited for the future.”
Michael Yoo, PhD, joins Just Capital with nearly 20 years of experience leading double-digit growth at information services businesses including Gartner, Skillsoft, and IndigoAg. As Senior Vice President and Group Vice President of Gartner, Yoo grew the combined revenue of three different business units from $200M to $550M over seven years. Yoo will be responsible for the growth of all earned revenue streams and commercial partnerships.
“I’ve seen firsthand how the right intelligence at the right moment can transform business outcomes,” said Yoo. “I’m excited to build upon Just Capital’s tools and insights to deliver C-suites the information they need to make decisions that benefit all stakeholders while driving superior financial returns.”
Thomas Herbig, PhD, joins Just Capital as Chief Research Officer, bringing decades of experience in management consulting, strategy, sales and marketing, mergers and acquisitions, and product management. Before his appointment, he held a range of corporate, nonprofit, and scientific roles, including serving as Director of the McKinsey Center for the Advancement of Problem Solving. At Just Capital, Herbig will lead the expansion of the organization’s research and data initiatives, equipping business leaders with actionable metrics and advancing the definition and measurement of responsible AI deployment.
“As AI reshapes entire industries and ways of working, we have a critical window to influence how businesses use these transformative technologies,” said Herbig. “Our research, insights, and intelligence will provide the roadmap for responsible AI adoption that creates value for all stakeholders.”
Tyler Spalding joins Just Capital from Golin, where he helped develop and grow the agency’s Corporate Affairs advisory practice. His prior experience extends across strategic communications, strategic partnerships, and social impact and sustainability, at industry leaders such as PayPal, eBay Inc., and Edelman. During his decade leading corporate affairs at PayPal, Spalding partnered with JUST Capital to launch the Worker Financial Wellness Initiative, comprised of 15 companies representing 1.2 million U.S. workers. Spalding will be responsible for shaping Just Capital’s brand and engaging key stakeholders across JUST Capital’s ecosystem, including philanthropic funders.
“As we undertake this exciting organizational evolution, Just Capital has a unique opportunity to inspire the next chapter of responsible business,” said Spalding. “My mission is to ensure every boardroom in America understands that our data doesn’t just measure stakeholder value – it predicts business performance.”
The mission of Just Capital, an independent nonprofit, is to demonstrate how just business – defined by the priorities of the public – is better business. Our goal is to help companies create value for all their stakeholders – their workers, customers, communities, the environment, and shareholders – by focusing on the issues that matter most to Americans.
Over the last 10 years, we have helped to transform how business success is defined. We’ve supported catalytic changes at companies that have improved the lives of workers, enhanced customer protections, strengthened communities, reduced environmental impacts, and established a higher standard of integrity and accountability in leadership.
Independent, objective, and data-driven, our focus is to harness the power of the private sector to build an economy that works for all Americans.
We are committed to providing innovative tools and insights that help companies navigate the evolving landscape of stakeholder expectations. Building upon our trusted offerings like the Ranking Report, we are excited to introduce expanded offerings — Just Intelligence and the Corporate Impact Lab.
Access cutting-edge analytics to navigate complex stakeholder issues and fuel your competitive advantage. Explore Your Company’s Data
Drive your strategic priorities with top executives, curated closed-door convenings, responsive expert insights, guidance, and rich resources. Join the Impact Lab to quickly spot trends, test interventions, weather social shifts, and lead the market. Learn more. Join the Lab
Our rankings, investable indexes, and in-depth financial analysis demonstrate the business and investor case for just business behavior. Our goal is to drive investment capital toward more just companies, thereby incentivizing a more just and equitable marketplace.
As of December 31, 2024 our flagship index – the Just U.S. Large Cap Diversified Index (JULCD) – has beaten the Russell 1000 Cap-Weighted Benchmark by 10.1% since inception.
The JULCD –began live trading in November 2016 and tracks the top 50% of Russell 1000 companies ranked by Just Capital by industry, and is constructed to match its industry weights.
The Just 100 Index (JUONETR) is up 45.8% on the Russell 1000 Equal-Weighted Benchmark since inception.
The Just 100 Index (JUONETR) was constructed to track Just Capital’s top performing companies. It is an equal weighted Index that launched in March 2019, and includes the top 100 Russell 1000 companies ranked by Just Capital in its most recent annual Ranking.
Learn more about our indexes and index concepts here.
Over the past decade, Just Capital has been shifting the public dialogue about business success in America. We’ve proven that companies are successful when they put stakeholders first — creating better jobs, stronger communities, a healthier environment, and superior shareholder returns. Our data is clear: when companies prioritize what the American public wants, they create a win-win-win for shareholders, stakeholders, and society at large.
Interested in supporting our mission? Make a gift to Just Capital today.
