Jere Thompson, Jr. cofounded Ambit Energy in 2006 in response to new opportunities created by energy deregulation. Under his leadership, Ambit has grown from a start-up to a leading national retail energy provider operating in 16 states and the District of Columbia, with $1.4 billion in sales in 2015. The company has been recognized for its growth and success by Inc. magazine, J.D. Power, Direct Selling News, the SMU Cox School of Business and other organizations. In addition, Mr. Thompson has been personally honored with Bravo Award by Direct Selling News and was finalist for Ernst & Young’s Entrepreneur of the Year Award.
Prior to starting Ambit, Mr. Thompson was the founder of Caprock Fiber Networks, which built fiber and broadband networks across Texas. As CEO, he guided Caprock into new markets, took the company public and managed its growth from infancy to 1,300 employees and $300 million in annual revenues.
Mr. Thompson received his Bachelor of Science in Economics from Stanford University and an MBA from the University of Texas at Austin. He serves on the boards of several civic organizations and was also Chairman and a member of the North Texas Tollway Authority for more than a decade.