Mental Health Tech Non-Profit Project Healthy Minds® Brings Fintech Pioneer Jeff Yabuki to Board as It Expands World’s First Free Digital Marketplace for Mental Health
NEW YORK, March 23, 2023–(BUSINESS WIRE)–Project Healthy Minds, a next-generation technology healthcare nonprofit, today announced that it has elected Jeff Yabuki, a longtime leader in the fintech industry, to its Board of Directors. Mr. Yabuki is Chairman of Motive Partners, a specialist private equity firm focused on technology companies that enable the financial economy. Prior to that, he served as CEO of Fiserv (NASDAQ: FISV) from 2005 to 2020, a global payments and financial services technology company, enabling banking, commerce and the movement of money among financial institutions, businesses and consumers.
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Jeff Yabuki. (Photo: Business Wire)
“I am so grateful that Jeff Yabuki, who has built and led some of the most successful financial technology companies in the world, has joined the Project Healthy Minds Board of Directors,” said Phillip Schermer, founder and CEO of Project Healthy Minds. “Jeff has been a pioneer in every venture he has been involved in – from redefining fintech to now helping to revolutionize the world of mental health. As we scale the world’s first digital marketplace for mental health and expand our efforts to bring businesses to to make innovative workplace investments in employee mental health, I couldn’t think of a better leader—with the right mix of intellect, entrepreneurial spirit, and heart—to join the Project Healthy Minds Board of Directors than Jeff Yabuki.”
Mr. Yabuki brings decades of category-defining expertise in business and technology to help support Project Healthy Minds’ development of its free digital mental health marketplace – making it easier for people to discover and choose the right mental health support for them.
Mr. Yabuki also made a transformative gift of $20 million to Children’s Wisconsin to address the growing mental and behavioral health crisis for children. The gift spurred the creation of the first large-scale delivery model where mental health is integrated at every touchpoint—from homes to schools to routine checkups—and the creation of a mental health walk-in clinic to serve children in crisis. The work was spotlighted on CBS’ “60 Minutes” as a pioneering new model for the delivery of mental health care in the United States.
“Project Healthy Minds has an unprecedented opportunity to redefine and democratize access to high-quality mental health services through digital-centric technology,” said Jeff Yabuki. “Meeting people where they are, in moments of need, can be transformative in reducing the growing mental health crisis. It is an honor to be a part of this innovative and mission-driven organization.”
The growing mental health crisis, which was already at an epidemic level before the pandemic, is now a central issue. Mental health has replaced COVID as the number one health concern among Americans, according to a recent IPSOS survey. Teenage girls are experiencing record levels of sadness and suicide risk, according to the CDC. Mental health also costs businesses. Mental health costs the US economy $47.6 billion annually in lost productivity, according to new research from Gallup.
Jeff Yabuki’s bio is below:
Jeff Yabuki is Chairman of Motive Partners, a specialist private equity firm at the forefront of global fintech transformation, where he brings renowned leadership experience and a track record of unlocking the best in companies – and people – to drive exceptional investor returns.
Jeff was CEO of Fiserv, Inc. (NASDAQ: FISV) from 2005-2020, nearly tripling revenue and delivering an unprecedented 969% shareholder return, growing the organization from a traditional holding company to a unified, global leader in financial services and innovative payment technology. Under his leadership, Fiserv was routinely named among the World’s Most Admired Companies by FORTUNE®, and the brand became a household name with the naming rights to the Fiserv Forum, home of the NBA champion Milwaukee Bucks. Jeff was also appointed Chairman in 2019 and served in that additional role until his retirement in late 2020.
Jeff’s ability to align strategic vision and operational excellence is sought after worldwide, serving as a board member for Royal Bank of Canada (NYSE: RY ) and Sentinel One (NYSE: S ), and as Chairman of Sportradar (NASDAQ: SRAD ) . He also chairs the Milwaukee Art Museum Board of Trustees and sits on the board of LACMA.
About Project Healthy Minds
Project Healthy Minds is a next generation mental health tech startup. Project Healthy Minds democratizes access to mental health services by building the world’s first digital mental health marketplace, destigmatizes mental health by partnering with culture makers, and improves access and affordability by advocating for innovative workplace investments in employee mental health. The nonprofit is focused on closing the treatment gap in America by attacking these primary barriers to care: stigma, discovery and affordability. Project Healthy Minds’ programmatic initiatives serve more than 200,000 people annually.
To learn more, please visit: www.projecthealthyminds.com
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