Stephen Chen
Stephen Chen is a business architect known for his unique ability to bring innovation to traditional industries, revitalizing them in ways that preserve their legacy while propelling them into the future. As Chairman of the Board for PHUNware (Nasdaq: PHUN), Chen has positioned the company as a cornerstone of digital infrastructure. PHUNware previously ran the digital infrastructure for 21st Century Fox across both its TV and movie sectors. PHUNware’s influence extends to political engagement as well, where it has managed the mobile technology infrastructure for successful presidential bids, showcasing its unparalleled expertise in digital mobilization.Chen’s career is distinguished by a remarkable track record of turning underperforming companies into market leaders. Whether it was his pivotal role at Anchor Funding which Xperity Ventures purchased in 2021, or his strategic leadership at BioIntegrate, a regenerative medicine firm he guided to a successful exit, Chen has consistently unlocked hidden value and driven significant growth, making him a sought-after figure in the world of corporate turnarounds.Currently, Chen is a partner at Forza NRG, an oil and gas company serving the New York commercial marketplace. At Forza NRG, he leads initiatives to deliver sustainable energy solutions to the tristate area. His approach combines competitive pricing with logistical efficiency, leveraging an in-house fleet of trucks to ensure reliable and timely deliveries—a distinct advantage over competitors reliant on third-party logistics.Chen is also a formidable force in the digital asset space. As the owner of X-Meta Global, the leading crypto exchange in Mongolia, he has positioned himself at the forefront of the crypto revolution. His strategic partnership with Binance has been particularly impactful, with the platform transacting $1 billion in trade volume in 2023 alone. This partnership underscores Chen’s ability to identify and capitalize on emerging trends, solidifying his status as a visionary in the financial technology sector.Chen’s leadership approach is deeply rooted in his Quaker faith and Masonic values, which emphasize integrity, stewardship, and a commitment to the greater good. These principles guide his decision-making and are reflected in his dedication to value-based leadership across all his ventures.Beyond his direct business interests, Chen’s financial acumen and strategic foresight have been critical in his role as a fractional CFO for Burkland Associates. He continues to provide these services to firms like Founders First, a White House implementation partner for its $10 billion SIBC grant program. This work highlights Chen’s commitment to leveraging finance for social impact in partnership with government.Stephen Chen is also a respected thought leader and speaker. His work has garnered front-page coverage in The Wall Street Journal, along with features in The New York Times, Washington Post, and major broadcast networks like Fox News, ABC, and NBC. His insights have been sought by top universities including Yale, Brown, NYU, and Columbia University, where he has lectured on innovation, leadership, and the future of business.A member of elite organizations such as the US Chamber of Commerce in New York City, the Urban Land Institute, and the New York Investment Network, Chen’s influence is felt across multiple sectors. He is equally committed to social entrepreneurship, having received prestigious awards like the Orphans International Global Citizenship Award and fellowships from Dragon 100 and C.V. Starr. His journey has been chronicled in books like "Luck Does Not Exist" by Mario Calabresi and "Inspired!" by Vik Venkatraman.Educated at Brown University and New York University, Stephen Chen is a catalyst for change, continuously pushing the boundaries of what’s possible. His ability to seamlessly blend traditional business practices with innovative technologies is redefining how industries operate in a rapidly evolving world. Whether through transforming legacy businesses or leading the charge in the digital economy, Chen’s work exemplifies the power of innovation in driving sustainable, long-term success.