carnegie development inc.


With more than 100 years of combined experience in our leadership team, we continue to identify the best innovations and technologies.

Sada Cumber

Sada Cumber

chairman, ceo & president

Mr. Sada Cumber oversees governance, management, strategic and financial aspects of the Company’s business. Since 2009, Mr. Cumber has been a self-employed entrepreneur focused on a myriad of small and large industries.

Mr. Cumber served as the first U.S. Special Envoy to the OIC, a 57-nation NGO. As a U.S. ambassador he engaged in hard and soft diplomacy, advancing the interests of America and its allies while building new partnerships and keeping pressure on America’s rivals.

Additionally, drawing on his diplomatic, international, and entrepreneurial experience, he speaks and lectures internationally. He has been written about and quoted in publications including Forbes, The Wall Street Journal, and Business Journal. His editorials have appeared in The Hill and Daily Signal.

Prior to his appointment as Special Envoy, Mr. Cumber was a technology entrepreneur who founded over a dozen companies, some of which were acquired by Fortune 500 companies. Those with the most notable outcomes include: Chairman and CEO of Psionic Technologies, Inc. (a cybersecurity firm acquired by Cisco Systems, NASDAQ: CSCO); Co-founder of Applied Science Fiction (assets acquired by Kodak, NYSE: EK); owner of Triumph Flexo Industries (acquired by American Greetings, NYSE: AM).

Mr. Cumber’s current projects include Eden LLC memory care, Plumbrook Global Consulting Company, and TCMS, which is developing a digital device that applies cosmetics pixel by pixel on human skin.

At the intersection of entrepreneurship with public policy and higher education, Cumber has chaired the Texas 5-Year Strategic Plan for International Business and served on the Texas Economic Development Board, the Texas Emerging Technology Fund, World Congress Information Technology, the Texas Business Council, the Governor’s Task Force on Higher Education, and the Texas Higher Education Coordinating Board.

Cumber holds a Bachelor’s Degree in Commerce and a Master’s Degree in History, both from the University of Karachi.

John Sibley Butler

John Sibley Butler

board member

Professor John Sibley Butler is a globally recognized expert in management, entrepreneurship, sociology, and the interconnectivity between them. His research is in the areas of organizational behavior and new venture development.

At the University of Texas at Austin he holds the J. Marion West Chair for Constructive Capitalism in the Graduate School of Business (Department of Management) and the Darrell K. Royal Regents Professorship in Ethics and American Society (Sociology). From 2002 to 2013 he led the IC2 Institute, an organization dedicated to the creation of new ventures throughout the world, where he continues to serve as Research Fellow. He is a former director of Herb Kelleher Center for Entrepreneurship.

Professor Butler also occupies the Distinguished Visiting Professor position at Aoyama Gakuin University in Tokyo, Japan, where he lectures on new venture start-ups and general entrepreneurship and holds the same status at Peking University in China.

His vision and leadership were essential in the emergence of Austin, Texas as a technology hub. He has served as a consultant for many firms as well as the U.S. Military. At this time Professor Butler is Management Consultant for State Farm Insurance Companies. He was a distinguished member of the Advisory Team of Governor George Bush’s 2000 Presidential Campaign.

Professor Butler has appeared in over 30 radio and television programs, including Eye On America (CBS Nightly News), The Jim Leher News Hour, CBS Radio Talk Show, The Osgood Report, and Public Radio. His research has appeared in The Wall Street Journal, The New York Times, The Chicago Tribune, Time Magazine, U.S. News and World Report, and other newspapers and magazines across America.

His publications include Framework for Research on Leadership, Cohesion, and Values; Entrepreneurship and Self-Help Among Black Americans: A Reconsideration of Race and Economics; All That We Can Be: Black Leadership and Racial Integration the Army Way (with Charles C. Moskos – winner of the Washington Monthly Best Book Award); and Immigrant and Minority Entrepreneurship: The Continuous Rebirth of American Communities (with George Kozmetsky, forthcoming).

He earned his undergraduate from Louisiana State University in Baton Rouge and his Ph.D. from Northwestern University in Evanston, Illinois.

He is a decorated Vietnam Veteran.


Geoffrey S. Connor

board member

Geoffrey S. Connor is an attorney, businessman, former government official, consultant, scholar and advisor in international, regulatory, environmental and governmental affairs.

Connor served as Texas Secretary of State from 2003 to 2005, after having served as Deputy Secretary of State since 2001. He was the first modern Texas Secretary of State to use the office to promote Texas business internationally. As the state’s chief international officer, Connor led trade missions to many diverse countries, including China, Mexico, Brazil, France, Japan, Trinidad and Tobago, Vietnam, and Ethiopia.

He also hosted visiting international dignitaries and investor groups in Texas making it one of the leading destinations for foreign investment. During Connor’s tenure, Texas overtook California as America’s largest exporting state. His previous public service included senior positions in the Governor’s Office, Department of Agriculture and Texas Commission on Environmental Quality.

In the private sector, Connor practiced at top-tier law firms in administrative, regulatory and governmental affairs. He cofounded Texas Global, an international strategic consulting firm that advised clients on government affairs, economic development, and corporate growth. Connor was also a cofounder of a boutique investment advisory firm.

Connor has maintained a strong international focus with ties to a variety of international communities in Texas and the United States. He is frequently sought as a speaker on issues of international politics, regulatory law, the world economy, and cross-cultural cooperation. He also serves as a contact and advisor for foreign businesses and organizations seeking to achieve business or policy goals in the U.S., as well as by U.S. entities looking to enhance their performance or impact abroad.

His continued work with international clients has taken him to the UAE, Malta, New Zealand, Barbados, Pakistan and India. Connor served as an international election monitor for presidential elections in Liberia in 2006, Georgia in 2008, and Ukraine in 2010. He is a National Security Fellow with the Clements Center for National Security at the University of Texas at Austin. He previously worked as Director of Strategy for the Center and helped to organize conferences of leading scholars in the fields of national security, diplomacy, intelligence and defense.

Connor is active in a number of civic, educational, and professional organizations. He is on the Board of Directors for the Asia Society of Texas, the Liberal Arts Advisory Board of Texas State University and the Austin Council on Foreign Affairs. He is member of the Explorers Club of New York, the Venerable Order of St. John, the Sovereign Military Order of the Temple of Jerusalem, and also serves as a JAG officer in the Texas State Guard. He has a BA in International Studies from Texas State University, a JD from the University of Texas Law School, a Graduate Certificate in Intelligence Studies from the Bush School of Texas A&M University, and a PhD in History from the University of Texas.

He is the author of The Rise of Houston as a Global City, to be published by Texas A&M University Press in 2020.

Corporate Officers

Saskya Bedoya


Ms. Saskya Bedoya has a comprehensive background in account management, operational, regulatory and financial reporting areas. She brings nearly two decades of financial management experience, with responsibility for overseeing treasury, human resources and administrative functions, including more than 15 years at Dallas-based JMJ Development. A special focus of Bedoya’s work has been developing policies and procedures which improve performance and productivity. She has been employed exclusively within real estate development, construction, operation and asset management since transferring to the University of Texas Dallas before completing her academic career.

Murugan Venkat


Dr. Murugan Venkat brings his diverse global executive experience to financial and compliance aspects of corporate governance as well as to the integrity of its framework. Venkat has a Ph.D. in corporate finance from the University of Madras, India and began his career as an Associate Professor teaching finance, accounting and auditing at IMFR in Chennai. Before moving to the United States, he spent a decade as FA & CAO in the construction industry, three years as the chief accountant in a sugar manufacturing company and three years as the controller in an airline. In the beginning of this century, he helped an American aviation company for setting up an airline by adding 10 Boeing aircrafts one by one over a period of 3 years. Then he was the controller for ten years in a manufacturing company in South Florida. Besides his involvement in Carnegie Development, he is also teaching online at CTU.

Pursuant to §240.13d-1(a) and amendments therein to §240.13d-2(a) under the Securities Exchange Act of 1934, the Board of Directors are pleased to share the information that Broadview Holdings LLC, a privately registered entity in Texas, is the majority shareholder in Carnegie Development, Inc.