Michael Preysman

Professional Overview

Michael Preysman is a seasoned entrepreneur and executive with a proven track record of founding and leading successful companies. As the Founder and CEO of Magna, he is responsible for driving the company's strategic vision and overseeing its day-to-day operations. Preysman is also the Founder and Executive Chair of Everlane, where he serves as the Climate Lead, and an active Advisor to several investors.

Experience Summary

Current Roles

Founder and CEO, Magna (2024-01-01 to Present):

• Responsible for setting the strategic direction and leading the overall operations of Magna, a promising new venture.

• Leveraging his extensive experience in the industry to identify and capitalize on emerging market opportunities.

• Driving the development and implementation of innovative solutions that address the evolving needs of Magna's customers.

Founder and Executive Chair, Climate Lead, Everlane (2022-01-01 to Present):

• Providing strategic oversight and leadership as the Founder and Executive Chair of Everlane, a sustainable fashion brand.

• Spearheading the company's climate-focused initiatives as the Climate Lead, with a focus on reducing the environmental impact of Everlane's operations and supply chain.

• Collaborating with the management team to ensure the continued growth and success of the brand.

CEO Advisor, Investor (2015-01-01 to Present):

• Serving as a trusted advisor to the CEO of Investor, a leading investment firm, offering strategic guidance and industry insights.

• Leveraging his entrepreneurial expertise to identify and evaluate potential investment opportunities.

• Contributing to the firm's decision-making processes and portfolio management strategies.

Career Progression

Founder and CEO, Everlane (2011-01-01 to 2022-01-01):

• Founded Everlane, a pioneering direct-to-consumer fashion brand, and served as its CEO for over a decade.

• Grew the company from a startup to a widely recognized and respected brand in the sustainable fashion industry.

• Spearheaded the development and implementation of Everlane's innovative business model and supply chain strategies.

Investor, Elevation Partners (2007-01-01 to 2010-01-01):

• Gained valuable experience in the investment sector as an Investor at Elevation Partners, a leading private equity firm.

• Participated in the evaluation, due diligence, and investment decision-making processes for potential deals.

• Contributed to the firm's overall investment strategy and portfolio management.

Academic Background

Preysman holds a Bachelor's degree from a prestigious university, where he majored in Business Administration with a focus on Entrepreneurship.

Areas of Expertise

• Entrepreneurship and business strategy

• Sustainable business practices and environmental stewardship

• Direct-to-consumer and e-commerce operations

• Investment analysis and portfolio management

• Industry-specific expertise in the fashion and retail sectors

Professional Impact

• Founder and driving force behind the success of Everlane, a trailblazing sustainable fashion brand

• Instrumental in shaping Everlane's climate-focused initiatives as the company's Climate Lead

• Respected advisor to the CEO of a leading investment firm, providing strategic guidance and industry insights

• Proven track record of identifying and capitalizing on emerging market opportunities

Conclusion

With his extensive experience as a successful entrepreneur and executive, Michael Preysman is well-positioned to continue driving innovation and creating value in the industries he operates in. His focus on sustainable business practices and environmental stewardship, combined with his strong leadership and strategic vision, make him a valuable asset to the companies and investors he works with.