Tech Transfer eNews Blog

Comings and Goings

By Jesse Schwartz
Published: October 7th, 2020

The Engine, an investment arm spun out of MIT that focuses on “tough tech” start-ups, has chosen Susan E. Siegel to serve as Chairman of the Board of Directors.

Siegel has more than three decades of experience across entrepreneurial, venture capital and corporate sectors. She has served on The Engine’s board since its inception and is currently a lecturer for the Martin Trust Center for MIT Entrepreneurship. Previously, Siegel was chief innovation officer at GE and CEO of GE Ventures. Before that, she served as a general partner at Mohr Davidow Ventures, leading investments in digital health and personalized medicine. Siegel will succeed Israel Ruiz as Chairman.

“Sue was a natural choice as Israel’s successor,” says Katie Rae, managing partner and CEO of The Engine. “She has brought enormous insights and perspective to the Board since day one and we are honored to have her take over as Chairman. As we continue to support founders bringing research out of the lab and into commercial ventures, Sue’s unique blend of entrepreneurial and venture background positions her well to continue to make valuable contributions to The Engine’s successful growth.”

Siegel comments, “It is an honor and a privilege to become the Chair of The Engine Board of Directors. As a long-time practitioner in tough tech, I’m excited for the opportunity to grow the ecosystem for transformative technology and help solve urgent challenges through the convergence of science, engineering and leadership as we add value to The Engine’s stakeholders.”

Source: Street Insider

Posted under: Tech Transfer e-News

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