Herb Beers Entrepreneur in Residence Innovation Institute University of Pittsburgh

Herb Beers

H.P. (Herb) Beers brings extensive business experience to his current role as an Entrepreneur-in-Residence at the University of Pittsburgh Innovation Institute. He joined the Institute in 2015 and has been involved in multiple phases of its activities since then.

He has owned seven companies ranging from a life sciences start-up to a high growth, regional leader in advanced electronic manufacturing technologies, to manufacturers of both capital equipment and consumable products for major industries.  His life sciences experience includes leading the fund raising for a start-up cancer diagnostics company serving as its Chairman, and in several biomed engagements at the Institute.  Herb also leads a consulting and private investing business where he provides strategic, C-level advisory services to clients in early healthcare businesses and mature industries.

Prior to owning his own companies, Herb was a fast track executive at a Fortune 200 company where he was the president of an autonomous division and several subsidiary companies.  In addition to senior executive positions, he has led multiple merger and acquisition initiatives for his own account, for clients and for his former employer.

Herb’s span and depth of business leadership positions has enabled him to establish strong skills in identifying opportunities, developing the related strategies and creating winning businesses.

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Phone: (412) 492-1705


Eric Boduch

Eric Boduch has been involved with both startup and publicly traded software companies in senior management positions since 1995. He has extensive technology marketing, product management, strategy development and business development experience.  He currently is a founder and board member of Pendo.io, a venture backed software company.  Pendo is a data driven platform for product engagement that enables companies to improve onboarding, understand product usage and help retain customers.  Previously, he was CEO of SMaSh, a mobile SMS technology company, and was VP of Marketing for Vitria Inc., a publicly traded software vendor based in silicon valley.  Before Vitria, Mr. Boduch held senior positions at Embarcadero Technologies, ProductSoft, and Cerebellum Software.  He has a BS in Electrical and Computer Engineering from Carnegie Mellon University.

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Philip Brooks

Phil Brooks, MBA

Phil has served as a consultant to or C-level executive (eight companies) for manufacturing, mining, information technology, entertainment and life science companies at the startup stage and global corporation level.  During the course of a 30+ year business career Phil has developed critical skills, including: successful grant writing; strategic planning; effective complex project, department, and corporate management; successful marketing and sales; recruiting; training; vendor, facilities and information technology management; and evaluating, establishing and managing human resource programs. Particular expertise developed in finance, accounting, intellectual property economics, decision analysis, technical writing support for grant applications and reports, grant budget development, market research, competitive analysis, strategic partner and investor introductions, and presentation development and coaching.

Phil has also served in a variety of roles with university-based spinouts (University of Pittsburgh, Carnegie Mellon University and Lehigh University). His assistance has included: mentor (NSF I-Corps Learning Team, Coulter Foundation, 1st Gear, Science 2014/2015); grant consultant (Phase I, Phase II, i6 SBIR supplement); CEO and COO of two stem cell companies; and board member. Phil currently serves as Chairman of BlueTree Allied Angels’ Growth and Transaction Committee and a member of the Screening Committee.

In addition, Phil is a co-owner of Brooks Consulting LLC, a 17-year old management-consulting firm. Brooks Consulting is a Preferred Provider in Pennsylvania’s Innovation Partnership assisting clients who are awarded MicroGrant, MicroVoucher or Federal Marketing Assistance funding. Prior to starting this business, Phil owned a PR firm focused on the high tech sector, served as a director with Big Six accounting firms in Pittsburgh, was a partner with an economic consulting firm in Washington, DC and a chemist in the pharmaceutical sector in New York. He holds a BS in Biology, an MS in Pharmacotherapeutics and an MBA and obtained a certification (expired) as an Emergency Medical Technician.

 


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kelly dane Entrepreneur in Residence Innovation Institute

Kelly Dane

Kelly M. Dane brings experience as both an Investment Banker and Private Equity Investor, serving as an Executive in Residence at the Innovation Institute. She provides technical expertise in both finance and investing, with a focus on the commercialization and monetization of University IP and start-ups. She is the founder of Dane Consulting, a strategic consulting firm for start-ups, investors, and small business owners. Previously, she served in various investment banking and private equity roles in New York City and Pittsburgh, including roles at Incline Equity Partners, Jefferies, and PNC Bank. 

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Mike_Formica_Innovation Institute Entrepreneur in Residence

Mike Formica

Mike Formica has led multiple technology startups to successful exits as CEO. Most recently Mike was Founder and President of 3Rivers3D, one of the largest manufacturers of precision 3D imaging systems in the US, producing thousands of units annually.
Prior to 3Rivers3D he was CEO of AssistWare Technology, where he commercialized the industry’s first commercial lane departure system. His first startup was Axsys Fiber Automation which developed high precision vision-guided robotic systems.
Mike is a former US Navy Nuclear Power Officer and a graduate of the Navy Nuclear Power School. He graduated with a BSEE from the University of Pittsburgh and was an Honors College Scholar. Mike has won numerous industry and entrepreneur awards and currently teaches entrepreneurship at Carnegie Mellon University.

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Mara J. Horwitz, MD

Mara is a Board-certified endocrinologist who received her BA from Northwestern University and her MD from Columbia University, College of Physicians and Surgeons. She completed both her internal medicine residency and a research-based endocrine fellowship at the University of Pittsburgh. Since completing her training, Dr. Horwitz has held academic positions as a clinician and clinical researcher at Columbia University, SUNY Stonybrook and the University of Minnesota. She is currently an Associate Professor of Medicine at the University of Pittsburgh where the majority of her career has focused on NIH funded clinical research in metabolic bone disease. She has also participated in numerous pharmaceutical sponsored clinical trials and currently holds two IND’s. In addition, Mara has been a long-standing member of the University of Pittsburgh Conflict of Interest Committee and she serves as the Medical Monitor for the Education and Compliance Office for Human Subject Research.

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Michael Hufford

Michael brings more than 20 years of experience in clinical research, drug and medical device development across a wide range of therapeutic areas. He is the Vice President for Regulatory Affairs, Behavioral Science, and Innovation at Pinney Associates, a pharmaceutical consulting firm.

Michael’s drug development experience includes serving as Cypress Bioscience’s Vice President of Corporate and Clinical Development, where he had responsibility for development of the drug and medical device portfolio for multiple CNS assets, including the FDA approval of Savella (milnacipran) for fibromyalgia. Before joining Cypress, he worked at Amylin Pharmaceuticals, leading drug development teams focused on orphan drug development for rare metabolic diseases, and combination peptide and protein therapies for obesity. Michael also served as Vice President of Scientific Affairs at invivodata, where he was responsible for scientific consulting on patient-reported outcome claim construction for more than 50 drug development programs. An entrepreneur, Michael has co-founded and raised venture and angel capital for multiple pharmaceutical, device, and mobile health companies including NQ Oncology, e-Nicotine Technology, and MindApps.

Michael is a graduate of Purdue University. He earned his master’s and doctoral degrees in Clinical Psychology from the University of Pittsburgh before completing a Research and Clinical Fellowship in the Department of Psychiatry at Harvard Medical School.


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Phil Marzolf Innovation Institute University of Pittsburgh

Phil Marzolf

Phil Marzolf has dedicated the last 3 decades of his professional life commercializing new technology. He led engineering teams at National Semiconductor, Maxim Integrated Products, and SUN Microsystems introducing first to market integrated circuits (IC) in the Ethernet, 3G cellular, and Server markets. He was CTO for nSerial, an angel-backed start-up focusing on 10Gb/s Ethernet, which was acquired by Intel. Subsequently, he held general management positions and led companies in the US and Europe in the communication and automotive segments.  

For the past 5 years, Phil has focused on augmenting technical founders as they commercialize innovations through leading market discovery, market development, operations and early stage sales for their organizations.  Phil’s current interest is on power-efficient hardware and intelligent software systems for Internet-of-Things (IoT) applications.  

Phil earned a BSEE from the University of Notre Dame, a MSEE from Santa Clara University, and a MBA from the Wharton School at the University of Pennsylvania.

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Joe Marcanio

Joe Marcanio is a seasoned operations professional with solid start-up experience, accomplished in technology development and manufacturing. An engineer by training, his technical skills and business values were forged in high-tech, large-scale manufacturing operations serving competitive global markets. His technology background includes microcircuits, biosensors, chemical processing, and materials and he is named as inventor on over 20 patent applications. On the business side, Joe successfully pitched venture deals to senior leadership of Fortune 500 companies and raised over $50M in financing for startup projects. He has held COO and CEO roles, and was responsible for the design, construction, and operation of a plant that delivered $50M to Sony’s bottom line. He has developed strategic relationships in Europe and Asia and is one of only three industry experts invited to NSF’s 2014 workshop to develop the National Nanotechnology Coordinated infrastructure program.

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kevin mendelsohn entrepreneur in residence innovation institute

Kevin Mendelsohn

Kevin Mendelsohn is a Venture Partner at JumpStart Inc., a northeast Ohio-based venture development and investment organization. Mr. Mendelsohn has approximately twenty years of experience working in investment and operational management roles for early stage medtech and biotechnology companies. Most recently, he led finance and corporate development at CardioInsight Technologies, an electrocardiographic mapping company that was acquired by Medtronic, a leading international medical device company.


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tony Torres, innovation institute

Antonio (Tony) Torres

Tony has over 30 years of experience and has held numerous senior management positions in the Chemicals, Materials and Construction products sectors. He founded and currently operates FreeRadicals LLC, a consulting firm and investment holding company exclusively focused on sustainable building and construction methods and materials, packaging and renewable energy. Prior to FreeRadicals Tony co-founded Triventas LLC, a small-cap investment firm and was Sr. Consultant at Headwaters, a merchant banking and advisory company. These opportunities came after a long career in the chemicals industries where he worked for leading firms including Dow Chemical and Nova Chemicals. At Nova, Tony was President of its construction materials business, SYNTHEON Inc., and ran its Performance Styrenics business with accountability for over $300M in revenue. While at Dow Chemical he held numerous global assignments including; Global Business Director for Corporate New Ventures Global Growth Center, the founding of Dow Fibers Solutions, Polyolefin’s and Elastomers, as well as DOWBRANDS Consumer Products. He also oversaw the construction of an elastomeric fiber plant during this tenure.

In the last five years Tony has focused on building a global construction business through the formation of wholly-owned or joint venture companies in India, Chile, Mexico and the United States. He especially focused on the identification of critical and capable partners to successfully start-up technology based companies. Through partner companies like Reliance Industries in India and Grupo Idesa in Mexico Joint Ventures were started in record time. Mr. Torres was CEO of the India venture, Reliance Innovative Building Systems for nearly 2 years.

Tony has a Bachelor of Science in Mechanical Engineering from University of Miami, Florida. He has completed the Executive Programs at MIT for Management of Technology and the Thunderbird International Management Executive Program. Tony is fluent in Spanish and additionally is an adjunct professor for Entrepreneurship at Duquesne University.

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Phone: (412) 383-8191