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About Innventure

Innventure was founded in 2015 by Mike Otworth, Dr. John Scott, and Rick Brenner. It creates, funds, operates, and rapidly scales companies in strategic collaboration with MNCs. Innventure rigorously analyzes the market, including proprietary data provided by MNCs, to identify where their well-protected, breakthrough technologies address significant market needs and have the potential to create $1B+ in new enterprise value. Opportunities are selected based upon Innventure’s validation of their transformative potential, their ability to provide immediate economic value to the end customer, and the strategic alignment with the MNC to help catalyze early adoption. Innventure’s systematic, quantitative approach to founding and funding new companies is designed to mitigate many of the risks inherent in building and scaling high-growth ventures.

Leadership

Bill Haskell
Bill Haskell - Managing Partner, Chief Executive Officer

Bill serves as Managing Partner and Chief Executive Officer for Innventure. Previously, he was a cofounder and President of XL TechGroup that created the foundational business building methodology upon which Innventure is based. Bill has worked with the key principals of Innventure for over 20 years. He has also served as a public company CEO and has been a director of over a dozen private and public companies. Most recently, Bill has been a partner at a boutique investment bank focused on converting private companies into employee-owned enterprises and has been a principal in a blockchain technology company. He has over 30 years of experience in company creation and development.

Dave Yablunosky
Dave Yablunosky - Managing Partner, Chief Financial Officer

Dave serves as Managing Partner and Chief Financial Officer at Innventure. He brings over 30 years of finance experience working for large multinational corporations such as Ford Motor Company, Ford Credit, Office Depot, Oxbow Carbon LLC, and Embraer. Before his career in finance, Dave served 9 years in the US Navy as a pilot and worked in the Pentagon on General Colin Powell’s staff. In his most recent position, Dave was the CFO of the $2.5 billion US operations of Embraer Aircraft SA, the world's third largest aircraft manufacturer.

Mike Otworth
Mike Otworth - Executive Chairman and Managing Partner, International

Mike serves as Executive Chairman and Managing Partner, International. Mike was the Founding CEO and Chairman of the Board of PureCycle (PCT), an Innventure Company, from 2015-2022. Mike and the team took PCT from an early-stage concept to an operational pilot fully funded the first commercial plant, followed by a successful public offering in March of 2021. PCT market cap in 2022 exceeds $1B. Prior to Innventure, Mike served as President and Founding Partner of Green Ocean Innovation for six years. Green Ocean provided technology sourcing, innovation strategy, and development services to Lilly/Elanco Animal Health. Mike also served as Vice-President and Founding CEO of multiple start-ups at XL TechGroup (XLTG). Mike began his career on Capitol Hill as a legislative aide and committee staff member in the U.S. House of Representatives.

Dr. John Scott
Dr. John Scott - Managing Partner, Strategy

John serves as Managing Partner, Strategy at Innventure. Prior to co-founding Innventure, John served as Founder and CEO of XL TechGroup (XLTG) where he developed the DownSelect Method that Innventure uses today to vet disruptive technologies from top MNCs and their associated business opportunities. John also served as an academic scientist at numerous universities and government labs including the Universities of Maryland, North Carolina and Arizona, as well as the NASA Goddard Space Flight Center. He earned his Ph.D. in Physics and Astrophysics from the University of Arizona and has published over 60 academic papers.

Roland Austrup
Roland Austrup - Managing Partner, Capital Markets

Roland serves as Managing Partner, Capital Markets for Innventure. He also serves as Chairman of WaveFront Global Asset Management Corp., a $1.7 Billion AUM Toronto based global hedge fund company he co-founded in 2003. Roland is also a co-founder of Envest Corp., a downstream energy company, and an Advisory Board member of both the Master of Quantitative Finance program at the University of Waterloo and First Tracks Capital, a Canadian private equity firm. Prior to that Roland was an Investment Advisor with BMO Nesbitt Burns Inc., and began his career as a Commodities Broker with ScotiaMcLeod Inc. where he was primarily involved with hedging commodity price risk for corporate clients. Roland holds a B.A. with Honours from the University of Western Ontario.

Media contact
Lauren Perrylauren@slicedbrand.com
+1 (617) 686-5924
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