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Timothy Flacke is the Executive Director and Co-Founder of Commonwealth, a mission-driven organization that builds solutions to make people financially secure. Commonwealth collaborates with consumers, the financial services industry, policymakers, and other mission-driven organizations to discover ideas, pilot solutions, and drive innovations to scale, so that wealth – of opportunity, tools, financial assets – is possible for everyone.
Tim co-founded Commonwealth in 2001 and has served on its board of directors since that time, drawing on 25 years’ experience in the social and private sectors helping working people to build savings. Commonwealth’s efforts have thrice impacted the federal tax system and spawned new financial products and public policies responsible for helping over 1 million consumers to save over $3 billion.
Before Commonwealth, Tim worked as an independent consultant, author, grant writer and VISTA volunteer in the field of financial empowerment and asset development. Earlier in his career, Tim held leadership positions in corporate human resources and risk management for Filene's Basement, Inc. He holds a Master’s in Public Policy from the Kennedy School of Government at Harvard University and a Bachelor of Arts in Philosophy from Boston College.
In his role as a Senior Innovation Manager at Commonwealth, Keyarash specializes in understanding the core problems of financially vulnerable households and exploring innovative solutions that help these households become financially secure.
Prior to joining Commonwealth, Keyarash employed design thinking to develop innovative solutions for addressing unconscious bias in K-12 computer science teachers and enhancing support for low-income and first-generation college students. He has a Master of Public Administration from the University of Washington in Seattle and a Bachelor of Science in Business Administration from the University of Kansas.
After growing up with a single mother who worked nonstop to make ends meet, seeing his father work to generate multiple incomes to fund his life in retirement and seeing the massive-and-growing income challenges in the U.S., Adam is happy to be working with a passionate team on building Steady, launched in 2018, empowering millions of American LMI (low- and middle-income) workers with better data to increase their incomes.
Steady is currently helping its two million members to supplement their incomes and receive ongoing digital advice on how to reach their income potential and improve their overall financial health, guiding over $500 million of incremental and attributable earnings for its members in 2019.
Adam is passionate about facilitating income enhancement and spent nine adventurous years focused on economic development in developing markets, including co-founding and exiting a cross-border content and analytics business and co-founding an investment advisory business, which invested in and supported entrepreneurs driving job growth in under-developed regions of the world with a focus on emerging Asia.
Adam started his career with a decade in investment banking, working in mergers and acquisitions and corporate finance transactions, primarily at Lehman Brothers and Barrington Associates (sold to Wells Fargo). Adam has also served on numerous corporate and non-profit boards, including the Los Angeles Tourism & Convention Board and Big Brothers Big Sisters of Los Angeles and Orange County.
Rachel Schneider is founder and CEO of Canary. Canary delivers strategic cash infusions to workers experiencing a financial disruption. This work builds on her learnings as co-author of The Financial Diaries: How American Families Cope in a World of Uncertainty, described as a “must-read for anyone interested in causes of – and potential solutions to – American poverty” by Publisher’s Weekly.
Rachel previously led consumer and industry research at the Financial Health Network (formerly CFSI). She began her career as an investment banker at Merrill Lynch & Co., but credits her commitment to the potential for innovative finance to solve major social problems to her days as a VISTA Volunteer (now AmeriCorps). She holds a J.D./M.B.A. from the University of Chicago, and a B.A. from UC Berkeley.
Molly serves as the Interim Director of the San Francisco Office of Financial Empowerment, which runs programming and advocates for policies to help families build and protect wealth. Prior to joining OFE, Molly led San Francisco's Municipal Bank Feasibility Task Force and coordinated pretrial and bail reform efforts for the New York City Mayor's Office. Molly received a law degree from Harvard Law School and a Bachelor of Arts from Brown University.
Prior to joining the Heller School, David Weil was appointed by President Barack Obama to be the Administrator of the Wage and Hour Division of the U.S. Department of Labor and was the first Senate confirmed head of that agency in a decade. He led the Wage and Hour Division from 2014 to January 2017.
David is an internationally recognized expert in employment and labor market policy along with regulation, transparency policy, and the impacts of industry restructuring on employment and work outcomes and business performance. He has advised government agencies at the state and federal levels and international organizations on employment, labor, and workplace policies. He co-founded and co-directs the Transparency Policy Project at the Harvard Kennedy School of Government. He is the author of more than 125 articles and five books including The Fissured Workplace (Harvard University Press). He has received many awards including in fall 2019 the Frances Perkins Intelligence and Courage Award. David received his BS at Cornell University and Master and Ph.D. degrees in Public Policy at Harvard University.