the doers.

Doer: (Noun) a person who gets things done with vigor and efficiency.

Meet the people behind Innventure.

Mike Otworth

Co-Founder, Chief Executive Officer, Executive Chairman

Mike is CEO and Chairman of Innventure, an entity Mike, John Scott and Rick Brenner co-founded in 2015 to work in partnership with top multi-nationals to evaluate, scale and commercialize disruptive technologies with significant transformative market potential. The Initial cornerstone technology partner, Procter & Gamble, is the Inventor of the technologies that underpin Innventure's first 2 New Platform Companies: PureCycle Technologies and AeroFlexx. Mike Is the Founding CEO of PureCycle.

Prior to Innventure, Mike served as President and Founding Partner of Green Ocean Innovation for six years. Green Ocean provided technology sourcing and innovation strategy and development services to Lilly/Elanco Animal Health primarily focusing on therapeutics, diagnostics and various medical devices.

Prior to Green Ocean, Mike served as Vice-President and Founding CEO of multiple start-ups at XL TechGroup (XLTG). Mike was a key senior management leader of XLTG, which founded, capitalized and advanced companies successfully to late stage funding. Six of the late stage funding events included IPOs in New York and London creating $4.5 Billion of market value Mike began his career on Capitol Hill working as a legislative aide and committee staff member in the U.S. House of Representatives after Graduating from Otterbein University with a B.A. in Political Science & Biology.

Rick Brenner

Co-Founder, Chief Operating Officer, Board of Managers Member

Rick is co-founder and COO of Innventure and brings over 35 years of experience in building successful start-ups, new products and innovation leadership across a broad range of categories. Rick was the Founding CEO of AeroFlexx. Prior to co-founding Innventure, Rick founded and grew SPRIM Strategy and Intelligent Innovation from inception to a successful high growth asset within the SPRIM global consulting network.

Prior to SPRIM, Rick was the founding CEO of TyraTech, an XL TechGroup Company, where he led the newly launched company in 2004 with 3 employees, no revenue and a nascent technology to a successful IPO in 2007. Rick led the multi-year partnership and co-development team with Kraft Foods to commercialize the disruptive new technology, designed to help prevent parasitic infections in developing countries where parasitic infections are a major health issue.

Earlier in his career, Rick spent eight years at Procter & Gamble where he was responsible for marketing and brand management for consumer products, including Clarion Cosmetics, Noxzema Skin Care Products, and Secret and Sure Antiperspirants. Rick began his career in Market Research, followed by six years at Leo Burnett Advertising. Rick received his MBA from Northwestern University, with majors in marketing and finance, and his undergraduate Bachelor of Science degree from the University of Maryland, with a major in Business Administration.

Dr. John Scott Founder & Chairman of Fund Investment Committee / Chief Science Officer

Dr. John Scott

Co-Founder, Principal, Chief Science Officer

Dr. John Scott is co-founder and Chief Science Officer for Innventure. John was the architect of the DownSelect model, used by Innventure, which is focused on vetting disruptive technologies from top multi-nationals and their associated business opportunities. The model was developed by John and practiced during his role as Founder and CEO of XL TechGroup (XLTG).

For the early part of his career, John was an academic scientist for various universities and government labs including the Universities of Maryland, North Carolina and Arizona and the NASA Goddard Space Flight Center. Additionally, he served as a scientific consultant to six national governments and has advised NATO and the Institute for Defense Analysis. After leaving academia, John founded, grew and sold two technology companies which were formed with venture backing.

Based on these experiences, John devised a systematic methodology for founding, funding and scaling start-up disruptive technology companies. This methodology was the forerunner of the DownSelect Method and scaling processes that are now a foundation of the Innventure model. During XLTG’s 20-year span, the group funded, commercialized and scaled 10 out of 12 NewCo’s to late stage funding (the XLTG mandate). John is a dual program Ph.D. in Physics and Astrophysics with over 60 papers published.

Lucas Harper Chief Strategy Officer Capital Markets

Lucas F. Harper, CAIA

Chief Investment Officer

Lucas serves as Chief Investment Officer of Innventure and brings over 20 years of experience in managing investment teams, building companies / business units and the seeding and build-out of multiple investment platforms and investment products for both large institutional investment and start-up organizations. His passion is that of a builder, using his creativity to scale and cultivate the right solutions for growth.

Prior to Innventure, Lucas launched Santa Monica Capital Group, LLC (“SMCG”), a company he founded in 2009 to provide business and management consulting, strategic and operational advisory, venture start-up and capital raising solutions. SMCG has provided solutions ranging from third-party fundraising assignments for some of the largest institutional money management firms to consulting on the build out of multi-manager investment platforms in the alternative investment space. Lucas also launched Ocean Avenue Investment Partners in 2009, a real estate investment platform designed to acquire, manage, rehabilitate and sell residential real estate in the affordable housing space across the U.S. He served as President and CEO until 2013, launching a similar platform in partnership with a Blue-Chip Private Equity firm under the banner of Battery Point Financial, which he exited in 2015. Prior to that time period, in 2006, Lucas was recruited by senior management at Wilshire Associates where he was key individual responsible for the creation and development of a fully transparent multimanager hedge fund and portable alpha business for the Wilshire Funds Management business unit. After launching the platform with an initial seed of $50M, the platform grew to $600M in assets under management in 2008.

From 2004 through 2005, Mr. Harper was a Vice President at Coast Asset Management, an approximately $4B single and multi-manager hedge fund, where he was in charge of international capital raising efforts. From 2000 through 2004, Mr. Harper was a Regional Director for InvestorForce, Inc., a company dedicated to providing investment manager due diligence and selection services to the institutional investment community, where he was responsible for conducting $14B of investment manager searches. He started his career in 1998 working as an investment and performance analyst for Asset Strategy Consulting, an institutional investment consulting firm advising on over $200B of assets. Mr. Harper has a B.A. Economics from the University of California at Santa Barbara, is a Chartered Alternative Investment Analyst (CAIA) and currently holds both a Series 7 and Series 63 license.

Helen Webb

Managing Director, Capital Markets

Helen E. Webb, A.C.A. is the Managing Director, Capital Markets for Innventure LLC. Prior to Innventure, Helen has been an executive consultant for private fund, investment advisory and risk management firms in outsourced Chief Operating Officer, Chief Financial Officer and Chief Compliance Officer roles since 2017.

Previously, Helen was Chief Operating Officer and Board Director for Post Advisory Group, LLC. Prior to Post, Helen spent 12 years at Wilshire Associates where she was Managing Director, Principal, and Head of Operations and Risk Management of the Funds Management Division. During her tenure at Wilshire, Helen was Vice President and Chief Compliance Officer of Wilshire's '40 act funds. Helen started her career on the buy side of asset management in roles at First Quadrant in both the UK and the US including Chief Compliance Officer and Head of Portfolio accounting of the London office, followed by Associate Director of Performance Measurement and Special Projects in Pasadena.

Helen is an Associate of the Institute of Chartered Accountants in England and Wales. Helen received a Bachelor’s degree with Honors in Accounting from the University of Kent at Canterbury, in the United Kingdom.

Andrew D. Meyer

Serial CEO for Innventure, CEO of AeroFlexx

Andrew is a Serial CEO for Innventure and currently serves as the CEO of AeroFlexx, an Innventure portfolio company. He has 20 years of diverse corporate development and management experience in high-tech companies, including roles as Board Member, CEO, CCO, President and SVP of Business Development. He brings extensive experience in entrepreneurial environments having spent the last 12 years with venture-backed technology start-ups that included value-add exits such as a $650M IPO and a trade sale to a strategic partner.

Before joining Innventure, Andrew was the CEO of Cobalt Technologies and CCO of Synata Bio where he led both organizations through significant M&A transactions. As Chief Commercial Officer with Synata Andrew successfully acquired a $550M+ cellulosic ethanol plant to establish Synata’s first showcase manufacturing facility. Prior to Cobalt, Andrew served as the Director of Supply and Distribution for Amyris where he was responsible for building the company’s fuels marketing efforts from inception. This included significant revenue acceleration that generated $70M+ in 18 months with only $9M in working capital to help support a successful $650M IPO for Amyris.

Andrew’s career began at BP Chemicals, Inc, a Global Energy company. He parlayed his success at BP into various senior level roles spanning various functions including Manufacturing, Operations, R&D, Business Development, Fuel and Chemical Supply and Risk Management, and Finance Leadership. Andrew received both his MBA and MS in Chemical Engineering from the University of Toledo. He earned his undergraduate Bachelor of Science degree from the University of Findlay, with a dual major in Environmental Management and Mathematics with a minor in Chemistry.

Thomas A. Cripe

Head of Business Development

Thomas is currently Head of Business Development for Innventure, a company whose business model he helped shape in 2015 while he was building new innovative business models for Procter & Gamble. At Innventure, he leads Business Development for Innventure and all of its portfolio companies. Tom is heavily involved in building and managing new strategic relationships for both the formation of Innventure NewCos and their growth and ultimate exit.

In 2018, he retired from Procter & Gamble after a 32-year career which culminated as Director, Global Business Development. Reporting to P&G’s Treasurer, Controller and EVP he was responsible for executing the Business Development strategies of a $40B business During his 15-year tenure in Global Business Development he helped oversee a wide array of in-bound and out-bound deals.

He joined P&G in 1985 where Tom held various senior roles in R&D which included leading a team of 65 global researchers and he is a listed inventor on ~60 different patents. Tom holds a Ph.D. and M.S. degrees in Physical Organic Chemistry from Northwestern University and a B.S. in Chemistry from St. Norbert College.

David Brenner

Chief Integration Officer, PureCycle Technologies

David brings over 10 years of experience in leading and delivering transformational projects across a wide range of industries and was the first person hired to bring PureCycle Technologies to life operationally. David has been critical in building the strategy, planning and overall execution for PureCycle Technologies.

Prior to joining PureCycle, David was a Senior Manager at Deloitte where he was part of leadership team that scaled Deloitte’s newest business unit (the US Delivery Center) to 1,500 staff in 18 months. David’s prior experience includes leading and executing the implementation of Electronic Medical Records for orthopedic surgeons, modernizing flagship applications for the Centers for Medicare and Medicaid Services (CMS), and supporting the implementation of the Affordable Care Act at Health Care Service Corporation (HCSC).

David holds both a BBA & MBA from University of Texas and Texas A&M respectively.

Gene Guerra

Vice President, Finance

Gene is the Vice President, Finance of Innventure and brings over 25 years of financial and operational leadership in both the Fortune 500 and startup companies. Immediately prior to Innventure, Gene served various roles for Primal Innovation and its affiliates including Director of Finance. Gene helped grow Primal and affiliates from a series of new startups to a peak of $300 million combined annual revenue.

Previously, Gene served as the Sr. Director of Finance and Underwriting for CuraScript Pharmacy, Finance Manager for Walt Disney World, and Manager of Finance, Pricing & Planning for Ryder System, Inc.

Gene holds a Master of Business Administration, a Juris Doctor, and a Bachelor of Science in Business Administration, Economics degrees from the University of Florida.

Colin Scott VP Head of DownSelect

Colin Scott

Vice President, Head of DownSelect

Colin leads Innventure’s DownSelect process - our proprietary, systematic methodology to evaluate opportunities to commercialize transformative, but proven, technology solutions that meet significant market needs; select the most viable opportunities; and use the analysis to construct a roadmap to launch and develop Innventure Platform Companies that execute those plans with a high probability of success. Prior to Innventure, Colin ran marketing, sales, and customer service at a private equity turnaround in the building supply industry, where he increased revenue 60% and earnings by 2.5 times in 18 months. Prior to that, he ran operations and business development at a health and wellness startup that grew its customer base 5 times during his two years there.

Colin spent the first 10 years of his career with XL TechGroup (XLTG). He began exploring unmet business needs, evaluating and developing technology solutions to match those needs, and building business models for prospective new ventures. Colin managed the DownSelect process before becoming a member of serial management teams for various XLTG NewCos in renewable fuels and medical diagnostics. He focused on business development and new products management.

Colin earned an MBA in Strategy and Entrepreneurship from UNC Kenan-Flagler Business School, and he graduated with a major in Electrical Engineering and minor in Physics from Duke University.

Teresa Taylor

Vice President, New Venture Formation

Teresa is currently Vice President of New Venture Formation, working in partnership with the downselect team to evaluate, scale, and commercialize disruptive technologies with transformative market potential. Prior to Innventure, Teresa was an Executive Management Consultant to various advanced technology companies in diverse industry segments such as semiconductors, embedded computing, electronics, telecommunications, satellite communications, specialty chemicals, custom synthesis, medical devices, biomedical, and diagnostic standards.

Teresa was previously EVP for several XL TechGroup's portfolio companies, where she managed product commercialization, operations, business development, go-to-market strategies, product roadmaps, market analysis for down-select process, licensing, and raising capital. Prior to XL, Teresa was Vice President of product management and global marketing for Solicore, (BrightVolt) an emerging thin-film battery technology company for medical devices and smart cards. Earlier at Intersil (Renesas Electronics), a leading semiconductor company, she managed global product marketing, product development, technology roadmaps, business development and distribution.

Teresa started her career at Harris Corporation as a Program Manager with responsibilities that included developing technologies for satellite communications, telecommunications, and missile guidance systems for Military, Aerospace, & Defense industries. Teresa has a Bachelor of Science in Business Administration and Marketing from the University of Central Florida. She has completed advanced Business Strategy and Product Development programs from Kellogg School of Management at Northwestern University. She also was a former Member, Board of Directors, for the Council of Executive Science and Scientific Engineers (CESSE).

Nicole Mignacca

Sr Program Manager, DownSelect

Nicole resides in Orlando Florida and is the Program Manager of DownSelect. Nicole works with the Innventure team on managing the DownSelect process, the systematic methodology designed to evaluate, select, develop, and launch transformative technology solutions. Nicole also supports new ventures in their early stages with a range of functions including project management, business development, research and marketing.

Nicole spent the early part of her career with SPRIM, a globally integrated life science consulting firm that works with clients around the world to commercialize novel scientific health products. Nicole worked with clients to help commercialized technologies reach new growth through primary and secondary market research, scientific due diligence, and the development of scientific communication strategies.

Nicole is academically trained as a biologist. Nicole received her BS in Biology from the University of Central Florida.

Heather Bickers

Director, Human Resources

Heather is Director, Human Resources for Innventure and brings over 20 years of experience in Human Resources. Heather has held roles in various industries including hospitality, construction and most recently transportation/logistics. Prior to joining Innventure, Heather held the role of Senior Director, Human Resources at XPO Logistics where she was the HR leader for the Freight Brokerage division, the largest division in North American Transportation. Based in North Carolina, the team supported multiple locations across the US including branches in Canada and Mexico.

Prior to joining XPO, Heather was the Human Resources Administrator at Drywall Service of Gary, Inc., a family-owned business. During her tenure, Heather led all functions of HR, as well as provided additional support to the business as necessary.

Heather began her professional career in Social Services where she spent 8 years in various roles. Her last role in that field was as Executive Director for a supervised visitation agency. Heather completed her undergraduate degree in Psychology at Purdue University Northwest and holds an MBA from Valparaiso University with concentration in Business Intelligence.

Gayle Anderson Business Development

Gayle Anderson

Director of Business Development

Gayle joined Innventure in 2018 specifically for expertise in Business Development. Her main responsibilities include identifying and targeting multinational companies who could become Pipeline Partners (PLPs) - sources of disruptive technologies for new Innventure entities. Once companies are identified, she builds relationships with these companies, prescreens their technologies with the support of the DownSelect team, and ultimately, negotiates the commercial transaction(s) for the technology.

Previously at P&G (1992-2015), Ms. Anderson spent her over half her Finance career in Global Business Development (GBD) where she was promoted to executive level. She achieved CFO Circle for GBD in 2008, a program which recognizes top skills in specialized Finance skill areas - only 5% of P&G Finance top-rated performers globally gain this distinction. From 2009 to 2015, Ms. Anderson was Client Manager for Global Beauty, a $15B business. She worked with senior management to deliver business strategies and goals by utilizing partners to access external innovation and downstream speed-to-market. From 2003 to 2009 Ms. Anderson was Finance Group Manager for GBD, responsible for strategy development, financial leadership and governance for all aspects of GBD transactions, over 800 contracts.

From 2000 to 2003 Ms. Anderson was Finance Group Manager for Global Home Care and New Business Development, a $3B+ business. She worked directly with the President and Leadership Team as the strategy coordinator, and global strategic forecaster, provided analyses and recommendations for CEO / CFO inquiries, and led competitive intelligence. From 1996 to 1998 Ms. Anderson was CFO for the Target Customer Team in Minneapolis. She started her career in 1992 with P&G in various financial analyst roles in Internal Controls (auditing) and North America Oral Care Retail and Professional (forecasting and analysis). Ms. Anderson holds a B.S. in Business Administration with Honors from the University of Kansas in Lawrence.

Diana Schwering

Senior Executive Assistant

Diana is the Senior Executive Assistant to the C-Level management of Innventure that focuses on support and ongoing efficiencies within the organization. She has over 12 years of experience supporting leadership teams. Diana has coordinated various Executive Forum Events with notable speakers such as 42nd President of the United States Bill Clinton, Senator Chuck Hagel and Baltimore Ravens Head Coach Brian Billick.

Before joining Innventure, Diana spent the past 5 years supporting the Chief Operating Officer at Bluegreen Vacations until his retirement in 2019. During that time, she also created the Office Manager position supporting levels of upper management in the Executive office suite, business continuity planning and various philanthropy efforts for over 600 associates throughout each year with organizations such as Christel House, Clean the World and Give Kids the World.

Diana earned her Bachelor of Arts in Organization Behavior from Rollins College out of Winter Park, FL.

Meet our board members.

Mike Otworth

Co-Founder, Chief Executive Officer, Executive Chairman

Mike is CEO and Chairman of Innventure, an entity Mike, John Scott and Rick Brenner co-founded in 2015 to work in partnership with top multi-nationals to evaluate, scale and commercialize disruptive technologies with significant transformative market potential. The Initial cornerstone technology partner, Procter & Gamble, is the Inventor of the technologies that underpin Innventure's first 2 New Platform Companies: PureCycle Technologies and AeroFlexx. Mike Is the Founding CEO of PureCycle.

Prior to Innventure, Mike served as President and Founding Partner of Green Ocean Innovation for six years. Green Ocean provided technology sourcing and innovation strategy and development services to Lilly/Elanco Animal Health primarily focusing on therapeutics, diagnostics and various medical devices.

Prior to Green Ocean, Mike served as Vice-President and Founding CEO of multiple start-ups at XL TechGroup (XLTG). Mike was a key senior management leader of XLTG, which founded, capitalized and advanced companies successfully to late stage funding. Six of the late stage funding events included IPOs in New York and London creating $4.5 Billion of market value Mike began his career on Capitol Hill working as a legislative aide and committee staff member in the U.S. House of Representatives after Graduating from Otterbein University with a B.A. in Political Science & Biology.

Rick Brenner

Co-Founder, Chief Operating Officer

Rick is co-founder and COO of Innventure and brings over 35 years of experience in building successful start-ups, new products and innovation leadership across a broad range of categories. Rick was the Founding CEO of AeroFlexx. Prior to co-founding Innventure, Rick founded and grew SPRIM Strategy and Intelligent Innovation from inception to a successful high growth asset within the SPRIM global consulting network.

Prior to SPRIM, Rick was the founding CEO of TyraTech, an XL TechGroup Company, where he led the newly launched company in 2004 with 3 employees, no revenue and a nascent technology to a successful IPO in 2007. Rick led the multi-year partnership and co-development team with Kraft Foods to commercialize the disruptive new technology, designed to help prevent parasitic infections in developing countries where parasitic infections are a major health issue.

Earlier in his career, Rick spent eight years at Procter & Gamble where he was responsible for marketing and brand management for consumer products, including Clarion Cosmetics, Noxzema Skin Care Products, and Secret and Sure Antiperspirants. Rick began his career in Market Research, followed by six years at Leo Burnett Advertising. Rick received his MBA from Northwestern University, with majors in marketing and finance, and his undergraduate Bachelor of Science degree from the University of Maryland, with a major in Business Administration.

Greg Wasson

Board Member

Greg Wasson is the former CEO of Walgreens Boots Alliance and one of Innventure's board members.

As Walgreens CEO, Greg led this Fortune 35 company to record fiscal 2014 sales of $76.4 billion. He is credited with creating significant financial and shareholder value, initiating and completing game-changing mergers and acquisitions, leading complex organizational and structural change, assembling a diverse and high-performance senior leadership team, and establishing Walgreens position as an industry leader. Before retiring from Walgreens, Greg had transformed an iconic 114-year-old domestic company into the first global pharmacy-led, health, well-being, and beauty enterprise via the successful merger with European-based Alliance Boots to create Walgreens Boots Alliance.

Greg began his career as a pharmacy services intern in the Walgreens corporate offices which led to him to being hired by Walgreens upon graduation. Following his internship, he then spent many years in operating Walgreens stores alongside leading and opening new markets across the United States. Greg also ran Walgreens Health Services giving him a keen insight to the health care services side of the Walgreens business. After this role, he then became COO of Walgreens. In total, Greg was with Walgreens for 34 years.

Greg grew up in Monticello, Indiana where he learned the value of hard work and finding solutions to complex problems. He received his BS in pharmacy in 1981 from Purdue University.

Jim Donnally

Board Member

Jim is the CFO of PureCycle Technologies and also the Vice President and CFO for Glockner Enterprises, whose family office investment thesis is around green technology manufacture and was the original funding partner for Innventure and PureCycle Technologies. Glockner Enterprises includes consumer and commercial finance divisions, wholesale lubricant and fuel divisions, several dealer-controlled used car finance operations, captive and independent insurance agencies and franchise automobile dealerships in Ohio and Kentucky. Jim is also highly involved in organizations and companies that are helping grow southeast Ohio communities and sits on numerous boards.

In addition to his role as CFO at Glockners, he manages the IT, HR, accounting and legal departments, giving him the ideal view of the inner workings of the enterprise - such as treasury and other asset management, lender and regulatory relations and employee benefit administration. Prior to Glockner Enterprises, Jim was a CPA at Hayflich & Steinberg, where he performed for-profit audit, review, compilation and tax engagements for regional wholesale, retail, manufacturing and service concerns, specializing in consolidations. Jim received his bachelors in accounting with minors in economics, finance, philosophy, psychology and theater in 1991 from Marshall University.

Mike Balkin

Board Member

Mike Balkin is a Portfolio Manager on the Small Cap Growth team at William Blair. He rejoined William Blair in 2008 after three years as a Portfolio Manager and Chief Investment Officer of Magnetar Investment Management. Mike originally joined the William Blair Small Cap Growth team as a Portfolio Manager in late 1999. Prior to that, he worked in William Blair’s sell-side institutional research sales group, specializing in small cap growth companies. Michael originally joined the firm in 1990. Education: B.A., Northwestern University.

Mike Otworth

Co-Founder, Chief Executive Officer, Executive Chairman

Mike is CEO and Chairman of Innventure, an entity Mike, John Scott and Rick Brenner co-founded in 2015 to work in partnership with top multi-nationals to evaluate, scale and commercialize disruptive technologies with significant transformative market potential. The Initial cornerstone technology partner, Procter & Gamble, is the Inventor of the technologies that underpin Innventure's first 2 New Platform Companies: PureCycle Technologies and AeroFlexx. Mike Is the Founding CEO of PureCycle.

Prior to Innventure, Mike served as President and Founding Partner of Green Ocean Innovation for six years. Green Ocean provided technology sourcing and innovation strategy and development services to Lilly/Elanco Animal Health primarily focusing on therapeutics, diagnostics and various medical devices.

Prior to Green Ocean, Mike served as Vice-President and Founding CEO of multiple start-ups at XL TechGroup (XLTG). Mike was a key senior management leader of XLTG, which founded, capitalized and advanced companies successfully to late stage funding. Six of the late stage funding events included IPOs in New York and London creating $4.5 Billion of market value Mike began his career on Capitol Hill working as a legislative aide and committee staff member in the U.S. House of Representatives after Graduating from Otterbein University with a B.A. in Political Science & Biology.

Rick Brenner

Founder, Chief Partnership Officer, & Board Member

Rick is co-founder and COO of Innventure and brings over 35 years of experience in building successful start-ups, new products and innovation leadership across a broad range of categories. Rick was the Founding CEO of AeroFlexx. Prior to co-founding Innventure, Rick founded and grew SPRIM Strategy and Intelligent Innovation from inception to a successful high growth asset within the SPRIM global consulting network.

Prior to SPRIM, Rick was the founding CEO of TyraTech, an XL TechGroup Company, where he led the newly launched company in 2004 with 3 employees, no revenue and a nascent technology to a successful IPO in 2007. Rick led the multi-year partnership and co-development team with Kraft Foods to commercialize the disruptive new technology, designed to help prevent parasitic infections in developing countries where parasitic infections are a major health issue.

Earlier in his career, Rick spent eight years at Procter & Gamble where he was responsible for marketing and brand management for consumer products, including Clarion Cosmetics, Noxzema Skin Care Products, and Secret and Sure Antiperspirants. Rick began his career in Market Research, followed by six years at Leo Burnett Advertising. Rick received his MBA from Northwestern University, with majors in marketing and finance, and his undergraduate Bachelor of Science degree from the University of Maryland, with a major in Business Administration.

Dr. John Scott Founder & Chairman of Fund Investment Committee / Chief Science Officer

Dr. John Scott

Founder & Chairman of Fund Investment Committee / Chief Science Officer

Dr. John Scott is co-founder and Chief Science Officer for Innventure. John was the architect of the DownSelect model, used by Innventure, which is focused on vetting disruptive technologies from top multi-nationals and their associated business opportunities. The model was developed by John and practiced during his role as Founder and CEO of XL TechGroup (XLTG).

For the early part of his career, John was an academic scientist for various universities and government labs including the Universities of Maryland, North Carolina and Arizona and the NASA Goddard Space Flight Center. Additionally, he served as a scientific consultant to six national governments and has advised NATO and the Institute for Defense Analysis. After leaving academia, John founded, grew and sold two technology companies which were formed with venture backing.

Based on these experiences, John devised a systematic methodology for founding, funding and scaling start-up disruptive technology companies. This methodology was the forerunner of the DownSelect Method and scaling processes that are now a foundation of the Innventure model. During XLTG’s 20-year span, the group funded, commercialized and scaled 10 out of 12 NewCo’s to late stage funding (the XLTG mandate). John is a dual program Ph.D. in Physics and Astrophysics with over 60 papers published.

Lucas Harper Chief Strategy Officer Capital Markets

Lucas F. Harper, CAIA

Chief Investment Officer

Lucas serves as Chief Investment Officer of Innventure and brings over 20 years of experience in managing investment teams, building companies / business units and the seeding and build-out of multiple investment platforms and investment products for both large institutional investment and start-up organizations. His passion is that of a builder, using his creativity to scale and cultivate the right solutions for growth.

Prior to Innventure, Lucas launched Santa Monica Capital Group, LLC (“SMCG”), a company he founded in 2009 to provide business and management consulting, strategic and operational advisory, venture start-up and capital raising solutions. SMCG has provided solutions ranging from third-party fundraising assignments for some of the largest institutional money management firms to consulting on the build out of multi-manager investment platforms in the alternative investment space. Lucas also launched Ocean Avenue Investment Partners in 2009, a real estate investment platform designed to acquire, manage, rehabilitate and sell residential real estate in the affordable housing space across the U.S. He served as President and CEO until 2013, launching a similar platform in partnership with a Blue-Chip Private Equity firm under the banner of Battery Point Financial, which he exited in 2015. Prior to that time period, in 2006, Lucas was recruited by senior management at Wilshire Associates where he was key individual responsible for the creation and development of a fully transparent multimanager hedge fund and portable alpha business for the Wilshire Funds Management business unit. After launching the platform with an initial seed of $50M, the platform grew to $600M in assets under management in 2008.

From 2004 through 2005, Mr. Harper was a Vice President at Coast Asset Management, an approximately $4B single and multi-manager hedge fund, where he was in charge of international capital raising efforts. From 2000 through 2004, Mr. Harper was a Regional Director for InvestorForce, Inc., a company dedicated to providing investment manager due diligence and selection services to the institutional investment community, where he was responsible for conducting $14B of investment manager searches. He started his career in 1998 working as an investment and performance analyst for Asset Strategy Consulting, an institutional investment consulting firm advising on over $200B of assets. Mr. Harper has a B.A. Economics from the University of California at Santa Barbara, is a Chartered Alternative Investment Analyst (CAIA) and currently holds both a Series 7 and Series 63 license.

Helen Webb

Managing Director, Capital Markets

Helen E. Webb, A.C.A. is the Managing Director, Capital Markets for Innventure LLC. Prior to Innventure, Helen has been an executive consultant for private fund, investment advisory and risk management firms in outsourced Chief Operating Officer, Chief Financial Officer and Chief Compliance Officer roles since 2017.

Previously, Helen was Chief Operating Officer and Board Director for Post Advisory Group, LLC. Prior to Post, Helen spent 12 years at Wilshire Associates where she was Managing Director, Principal, and Head of Operations and Risk Management of the Funds Management Division. During her tenure at Wilshire, Helen was Vice President and Chief Compliance Officer of Wilshire's '40 act funds. Helen started her career on the buy side of asset management in roles at First Quadrant in both the UK and the US including Chief Compliance Officer and Head of Portfolio accounting of the London office, followed by Associate Director of Performance Measurement and Special Projects in Pasadena.

Helen is an Associate of the Institute of Chartered Accountants in England and Wales. Helen received a Bachelor’s degree with Honors in Accounting from the University of Kent at Canterbury, in the United Kingdom.

Andrew D. Meyer

Serial CEO for Innventure, CEO of AeroFlexx

Andrew is a Serial CEO for Innventure and currently serves as the CEO of AeroFlexx, an Innventure portfolio company. He has 20 years of diverse corporate development and management experience in high-tech companies, including roles as Board Member, CEO, CCO, President and SVP of Business Development. He brings extensive experience in entrepreneurial environments having spent the last 12 years with venture-backed technology start-ups that included value-add exits such as a $650M IPO and a trade sale to a strategic partner.

Before joining Innventure, Andrew was the CEO of Cobalt Technologies and CCO of Synata Bio where he led both organizations through significant M&A transactions. As Chief Commercial Officer with Synata Andrew successfully acquired a $550M+ cellulosic ethanol plant to establish Synata’s first showcase manufacturing facility. Prior to Cobalt, Andrew served as the Director of Supply and Distribution for Amyris where he was responsible for building the company’s fuels marketing efforts from inception. This included significant revenue acceleration that generated $70M+ in 18 months with only $9M in working capital to help support a successful $650M IPO for Amyris.

Andrew’s career began at BP Chemicals, Inc, a Global Energy company. He parlayed his success at BP into various senior level roles spanning various functions including Manufacturing, Operations, R&D, Business Development, Fuel and Chemical Supply and Risk Management, and Finance Leadership. Andrew received both his MBA and MS in Chemical Engineering from the University of Toledo. He earned his undergraduate Bachelor of Science degree from the University of Findlay, with a dual major in Environmental Management and Mathematics with a minor in Chemistry.

Thomas A. Cripe

Head of Business Development

Thomas is currently Head of Business Development for Innventure, a company whose business model he helped shape in 2015 while he was building new innovative business models for Procter & Gamble. At Innventure, he leads Business Development for Innventure and all of its portfolio companies. Tom is heavily involved in building and managing new strategic relationships for both the formation of Innventure NewCos and their growth and ultimate exit.

In 2018, he retired from Procter & Gamble after a 32-year career which culminated as Director, Global Business Development. Reporting to P&G’s Treasurer, Controller and EVP he was responsible for executing the Business Development strategies of a $40B business During his 15-year tenure in Global Business Development he helped oversee a wide array of in-bound and out-bound deals.

He joined P&G in 1985 where Tom held various senior roles in R&D which included leading a team of 65 global researchers and he is a listed inventor on ~60 different patents. Tom holds a Ph.D. and M.S. degrees in Physical Organic Chemistry from Northwestern University and a B.S. in Chemistry from St. Norbert College.

David Brenner

Chief Integration Officer, PureCycle Technologies

David brings over 10 years of experience in leading and delivering transformational projects across a wide range of industries and was the first person hired to bring PureCycle Technologies to life operationally. David has been critical in building the strategy, planning and overall execution for PureCycle Technologies.

Prior to joining PureCycle, David was a Senior Manager at Deloitte where he was part of leadership team that scaled Deloitte’s newest business unit (the US Delivery Center) to 1,500 staff in 18 months. David’s prior experience includes leading and executing the implementation of Electronic Medical Records for orthopedic surgeons, modernizing flagship applications for the Centers for Medicare and Medicaid Services (CMS), and supporting the implementation of the Affordable Care Act at Health Care Service Corporation (HCSC).

David holds both a BBA & MBA from University of Texas and Texas A&M respectively.

Gene Guerra

Vice President, Finance

Gene is the Vice President, Finance of Innventure and brings over 25 years of financial and operational leadership in both the Fortune 500 and startup companies. Immediately prior to Innventure, Gene served various roles for Primal Innovation and its affiliates including Director of Finance. Gene helped grow Primal and affiliates from a series of new startups to a peak of $300 million combined annual revenue.

Previously, Gene served as the Sr. Director of Finance and Underwriting for CuraScript Pharmacy, Finance Manager for Walt Disney World, and Manager of Finance, Pricing & Planning for Ryder System, Inc.

Gene holds a Master of Business Administration, a Juris Doctor, and a Bachelor of Science in Business Administration, Economics degrees from the University of Florida.

Colin Scott VP Head of DownSelect

Colin Scott

Vice President, Head of DownSelect

Colin leads Innventure’s DownSelect process - our proprietary, systematic methodology to evaluate opportunities to commercialize transformative, but proven, technology solutions that meet significant market needs; select the most viable opportunities; and use the analysis to construct a roadmap to launch and develop Innventure Platform Companies that execute those plans with a high probability of success. Prior to Innventure, Colin ran marketing, sales, and customer service at a private equity turnaround in the building supply industry, where he increased revenue 60% and earnings by 2.5 times in 18 months. Prior to that, he ran operations and business development at a health and wellness startup that grew its customer base 5 times during his two years there.

Colin spent the first 10 years of his career with XL TechGroup (XLTG). He began exploring unmet business needs, evaluating and developing technology solutions to match those needs, and building business models for prospective new ventures. Colin managed the DownSelect process before becoming a member of serial management teams for various XLTG NewCos in renewable fuels and medical diagnostics. He focused on business development and new products management.

Colin earned an MBA in Strategy and Entrepreneurship from UNC Kenan-Flagler Business School, and he graduated with a major in Electrical Engineering and minor in Physics from Duke University.

Teresa Taylor

Vice President, New Venture Formation

Teresa is currently Vice President of New Venture Formation, working in partnership with the downselect team to evaluate, scale, and commercialize disruptive technologies with transformative market potential. Prior to Innventure, Teresa was an Executive Management Consultant to various advanced technology companies in diverse industry segments such as semiconductors, embedded computing, electronics, telecommunications, satellite communications, specialty chemicals, custom synthesis, medical devices, biomedical, and diagnostic standards.

Teresa was previously EVP for several XL TechGroup's portfolio companies, where she managed product commercialization, operations, business development, go-to-market strategies, product roadmaps, market analysis for down-select process, licensing, and raising capital. Prior to XL, Teresa was Vice President of product management and global marketing for Solicore, (BrightVolt) an emerging thin-film battery technology company for medical devices and smart cards. Earlier at Intersil (Renesas Electronics), a leading semiconductor company, she managed global product marketing, product development, technology roadmaps, business development and distribution.

Teresa started her career at Harris Corporation as a Program Manager with responsibilities that included developing technologies for satellite communications, telecommunications, and missile guidance systems for Military, Aerospace, & Defense industries. Teresa has a Bachelor of Science in Business Administration and Marketing from the University of Central Florida. She has completed advanced Business Strategy and Product Development programs from Kellogg School of Management at Northwestern University. She also was a former Member, Board of Directors, for the Council of Executive Science and Scientific Engineers (CESSE).

Nicole Mignacca

Sr Program Manager, DownSelect

Nicole resides in Orlando Florida and is the Program Manager of DownSelect. Nicole works with the Innventure team on managing the DownSelect process, the systematic methodology designed to evaluate, select, develop, and launch transformative technology solutions. Nicole also supports new ventures in their early stages with a range of functions including project management, business development, research and marketing.

Nicole spent the early part of her career with SPRIM, a globally integrated life science consulting firm that works with clients around the world to commercialize novel scientific health products. Nicole worked with clients to help commercialized technologies reach new growth through primary and secondary market research, scientific due diligence, and the development of scientific communication strategies.

Nicole is academically trained as a biologist. Nicole received her BS in Biology from the University of Central Florida.

Heather Bickers

Director, Human Resources

Heather is Director, Human Resources for Innventure and brings over 20 years of experience in Human Resources. Heather has held roles in various industries including hospitality, construction and most recently transportation/logistics. Prior to joining Innventure, Heather held the role of Senior Director, Human Resources at XPO Logistics where she was the HR leader for the Freight Brokerage division, the largest division in North American Transportation. Based in North Carolina, the team supported multiple locations across the US including branches in Canada and Mexico.

Prior to joining XPO, Heather was the Human Resources Administrator at Drywall Service of Gary, Inc., a family-owned business. During her tenure, Heather led all functions of HR, as well as provided additional support to the business as necessary.

Heather began her professional career in Social Services where she spent 8 years in various roles. Her last role in that field was as Executive Director for a supervised visitation agency. Heather completed her undergraduate degree in Psychology at Purdue University Northwest and holds an MBA from Valparaiso University with concentration in Business Intelligence.

Gayle Anderson Business Development

Gayle Anderson

Director of Business Development

Gayle joined Innventure in 2018 specifically for expertise in Business Development. Her main responsibilities include identifying and targeting multinational companies who could become Pipeline Partners (PLPs) - sources of disruptive technologies for new Innventure entities. Once companies are identified, she builds relationships with these companies, prescreens their technologies with the support of the DownSelect team, and ultimately, negotiates the commercial transaction(s) for the technology.

Previously at P&G (1992-2015), Ms. Anderson spent her over half her Finance career in Global Business Development (GBD) where she was promoted to executive level. She achieved CFO Circle for GBD in 2008, a program which recognizes top skills in specialized Finance skill areas - only 5% of P&G Finance top-rated performers globally gain this distinction. From 2009 to 2015, Ms. Anderson was Client Manager for Global Beauty, a $15B business. She worked with senior management to deliver business strategies and goals by utilizing partners to access external innovation and downstream speed-to-market. From 2003 to 2009 Ms. Anderson was Finance Group Manager for GBD, responsible for strategy development, financial leadership and governance for all aspects of GBD transactions, over 800 contracts.

From 2000 to 2003 Ms. Anderson was Finance Group Manager for Global Home Care and New Business Development, a $3B+ business. She worked directly with the President and Leadership Team as the strategy coordinator, and global strategic forecaster, provided analyses and recommendations for CEO / CFO inquiries, and led competitive intelligence. From 1996 to 1998 Ms. Anderson was CFO for the Target Customer Team in Minneapolis. She started her career in 1992 with P&G in various financial analyst roles in Internal Controls (auditing) and North America Oral Care Retail and Professional (forecasting and analysis). Ms. Anderson holds a B.S. in Business Administration with Honors from the University of Kansas in Lawrence.

Diana Schwering

Senior Executive Assistant

Diana is the Senior Executive Assistant to the C-Level management of Innventure that focuses on support and ongoing efficiencies within the organization. She has over 12 years of experience supporting leadership teams. Diana has coordinated various Executive Forum Events with notable speakers such as 42nd President of the United States Bill Clinton, Senator Chuck Hagel and Baltimore Ravens Head Coach Brian Billick.

Before joining Innventure, Diana spent the past 5 years supporting the Chief Operating Officer at Bluegreen Vacations until his retirement in 2019. During that time, she also created the Office Manager position supporting levels of upper management in the Executive office suite, business continuity planning and various philanthropy efforts for over 600 associates throughout each year with organizations such as Christel House, Clean the World and Give Kids the World.

Diana earned her Bachelor of Arts in Organization Behavior from Rollins College out of Winter Park, FL.

Board Members

Mike Otworth

Rick Brenner

Greg Wasson

Jim Donnally

Mike Balkin