She is also the first female network president in television history. Koplovitz ran USA Networks as CEO for 21 years before stepping down in 1998.
Since 2000, Kay has served as Chairman of Springboard Enterprises, where under her leadership, the venture-catalyst accelerator has been bringing women founders leading transformational businesses to full parity in raising capital. The value of Springboard Enterprises has been validated by a strong 17- year track record of success of $7.7 billion capital raised with 168 exits and 14 IPOs. Companies in the portfolio include technology and life sciences, and in 2014, Ms. Koplovitz co-founded the New York Fashion Tech Lab bringing promising technology companies in collaboration with the fashion and retail Industry.
In 2016, she co-founded Springboard Growth Capital, to bring growth stage investments to technology and life sciences companies emerging from Springboard Enterprises ecosystem.
Kay currently serves on corporate boards of CA Technologies, Time Inc., and ION Media Networks and served previously, on the Boards of Kate Spade, Oracle, Instinet, Nabisco, General Re and Sun New Media, and trustee of The Paley Center for Media and International Tennis Hall of Fame.