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Management
Executive Management
Dwayne Spradlin
President, and Chief Executive Officer
Dwayne Spradlin is President and Chief Executive Officer of InnoCentive, Inc. Previously, he served as President at business information company Hoover's Inc. and before that he was President and Chief Operating Officer of Starcite, Inc., an online meeting and events planning business. Spradlin served as Senior Vice President of Corporate and Business Development for Verticalnet Inc., the world's largest portfolio of online industry marketplaces. Earlier, Spradlin was a Director in the E-Business and Emerging Technology practice at PriceWaterhouseCoopers. He holds a BA in Applied Mathematics and an MBA from the University of Chicago. He resides in Southlake, TX with his wife and three sons.
Robert E. Kinney
Chief Financial Officer, and Vice President of Operations
Robert Kinney is responsible for the operational and financial leadership of InnoCentive. His responsibilities include assisting the team with strategy, vision and execution as well as responsibility for information technology, human resources, facilities, legal, finance and accounting.
Mr. Kinney has over 20 years of financial and operational experience in both public and private companies. Mr. Kinney began his career in commercial lending with Bank of Boston. Subsequent, positions included EVP and CFO of Analytical Technology (ATI) (successor to Orion Research), a leading international analytical instrument company, CFO of Transition Systems (TSI), a publicly traded healthcare software company, CFO of Excelergy Corporation, a software company in the deregulated energy market, and CFO of Mosaic Technologies, a bio-tech start-up focused on DNA technology. As CFO of ATI, Mr. Kinney help grow that company from $30 million in revenue to over $125 million with operations in six countries. Mr. Kinney's transactional experience, in addition to managing numerous acquisitions and divestitures, includes leading TSI's 1996 IPO which raised more than $125 million, the $100 million sale of ATI to Thermo Electron in 1995, and the going-private transaction of Orion Research.
Mr. Kinney holds a B.S. from the University of Maine and a M.B.A from the Pennsylvania State University. He is active in professional associations such as the Financial Executive Institute and the IMA.
Tom Venable
Executive Vice President of Sales and Marketing
As the Executive Vice President of Sales & Marketing, Tom leads Innocentive's go-to-market strategy and revenue generation activities. Previously he served as the Senior Vice President of Sales for Digital River, Inc., a publicly traded eCommerce services provider. Prior to that, he served as Senior Vice President of Sales and Business Development for the Expense Network division of Gelco Information Network. From 1985 through 1999 he helped start 6 technology companies specializing in messaging, Internet communications and E-commerce. He holds an economics degree from the University of Minnesota and resides in Eden Prairie, MN with his wife Ginger and their 3 children. In addition to having a passion for web-based business models, Tom is very active in his community and youth athletic programs and currently serves as the President of the Eden Prairie Youth Football Association.
Lisa Reinhold
Vice President of Client Services
Lisa Reinhold is Vice President of Client Services. She leads InnoCentive's Professional Services Practice and manages all aspects of product delivery and support. Reinhold comes to InnoCentive from Brainshark, Inc, an on-demand rich media communications company. As VP of Brainshark's Professional Services organization she led their technical support, client success and professional service teams. Prior to Brainshark, Reinhold was the VP of Client Support & Services - Document Management Division at Hummingbird Ltd. Reinhold received a B.S.B.A. in Computer Science from the University of Florida. She lives in Chelmsford, MA with her husband Jim and family.
David Ritter
Chief Technology Officer
As CTO, David oversees the Product Management, R&D, and IT Operations functions. He is responsible for driving the definition of InnoCentive product offerings, and the development and operation of the technology platform through which the products are delivered.
David previously spent 8 years at The Boston Consulting Group, the last 6 years as a Partner and Managing Director in the firm’s High Technology and Information Technology Practice Areas. In this role he advised Fortune 50 companies on product and technology strategy, eCommerce, software development process, and achieving business value from IT.
Previously, David served as the CTO for VerticalNet, Inc., a pioneering public B2B company. Prior to that, he was Vice President of Engineering for Firefly, Inc., where he led the development of Passport, a distributed authorization system for the Internet (the basis for Microsoft Passport after Firefly was acquired by Microsoft). David also previously served as Director of Engineering for Oracle Corporation’s OLAP Products Division, where he developed large-scale analytical database applications. David studied Computer Science and Theater at the Georgia Institute of Technology.
Alpheus Bingham, Ph.D
Founder and Member, Board of Directors
Dr. Bingham is a member of the Board and co-founder of InnoCentive, Inc. He has been a strong advocate of open innovation and founded InnoCentive, Inc., along with other ventures that create the advantages of open and networked organizational structures, including: YourEncore, Inc., Coalesix, Inc., Maaguzi, Inc., Indigo Biosystems, Seriosity, Chorus and Collaborative Drug Discovery, Inc.
He currently serves on the Board of Directors of Fast Track Systems, Inc., and Collaborative Drug Discovery, Inc.; the advisory boards of the Center for Collective Intelligence (MIT), Phase Forward, Inc., YourEncore, Inc. and Coalesix, Inc. and as a member of the board of trustees of the Bankinter Foundation in Madrid.
He has lectured extensively at both national and international events and serves as a Visiting Scholar at the National Center for Supercomputing Application at the University of Illinois at Champaign-Urbana. He is also the former chairman of the Board of Editors of the Research Technology Management Journal. Dr. Bingham was the recipient of the Economist's Fourth Annual Innovation Summit "Business Process Award" for InnoCentive. He was also named as one of Project Management Institute's "Power 50" leaders in October 2005.
Dr. Bingham had over 25 years of experience with Eli Lilly and Company in pharmaceutical research and development, research acquisitions and collaborations, portfolio management and R&D strategic planning. Among others, he held positions as Managing Director of the Mont-Saint-Guibert Development Centre, executive director of project and portfolio management, vice-president of sourcing innovation, vice-president of e.Lilly and vice-president of R&D strategy.
During his career he was instrumental in creating and developing Eli Lilly's portfolio management process as well as establishing the divisions of Research Acquisitions, the Office of Alliance Management and e.Lilly, a unit for business innovation.
Dr. Bingham received a B.S. in chemistry from Brigham Young University and a Ph.D. in organic chemistry from Stanford University.
Board of Directors
Dwayne Spradlin
President, and Chief Executive Officer
Dwayne Spradlin is President and Chief Executive Officer of InnoCentive, Inc. Previously, he served as President at business information company Hoover's Inc. and before that he was President and Chief Operating Officer of Starcite, Inc., an online meeting and events planning business. Spradlin served as Senior Vice President of Corporate and Business Development for Verticalnet Inc., the world's largest portfolio of online industry marketplaces. Earlier, Spradlin was a Director in the E-Business and Emerging Technology practice at PriceWaterhouseCoopers. He holds a BA in Applied Mathematics and an MBA from the University of Chicago. He resides in Southlake, TX with his wife and three sons.
Alpheus Bingham, Ph.D
Founder and Member, Board of Directors
Dr. Bingham is a member of the Board and co-founder of InnoCentive, Inc. He has been a strong advocate of open innovation and founded InnoCentive, Inc., along with other ventures that create the advantages of open and networked organizational structures, including: YourEncore, Inc., Coalesix, Inc., Maaguzi, Inc., Indigo Biosystems, Seriosity, Chorus and Collaborative Drug Discovery, Inc.
He currently serves on the Board of Directors of Fast Track Systems, Inc., and Collaborative Drug Discovery, Inc.; the advisory boards of the Center for Collective Intelligence (MIT), Phase Forward, Inc., YourEncore, Inc. and Coalesix, Inc. and as a member of the board of trustees of the Bankinter Foundation in Madrid.
He has lectured extensively at both national and international events and serves as a Visiting Scholar at the National Center for Supercomputing Application at the University of Illinois at Champaign-Urbana. He is also the former chairman of the Board of Editors of the Research Technology Management Journal. Dr. Bingham was the recipient of the Economist's Fourth Annual Innovation Summit "Business Process Award" for InnoCentive. He was also named as one of Project Management Institute's "Power 50" leaders in October 2005.
Dr. Bingham had over 25 years of experience with Eli Lilly and Company in pharmaceutical research and development, research acquisitions and collaborations, portfolio management and R&D strategic planning. Among others, he held positions as Managing Director of the Mont-Saint-Guibert Development Centre, executive director of project and portfolio management, vice-president of sourcing innovation, vice-president of e.Lilly and vice-president of R&D strategy.
During his career he was instrumental in creating and developing Eli Lilly's portfolio management process as well as establishing the divisions of Research Acquisitions, the Office of Alliance Management and e.Lilly, a unit for business innovation.
Dr. Bingham received a B.S. in chemistry from Brigham Young University and a Ph.D. in organic chemistry from Stanford University.
Darren J. Carroll
Chairman of the Board
Since 2005, Mr. Carroll has been Executive Director of New Ventures for Eli Lilly, and is responsible for all venture capital investments made by Eli Lilly, as well as development and incubation of new business models that have the potential to transform the pharmaceutical industry. Prior to that, Mr. Carroll was the Chief Executive Officer and President of Original InnoCentive from 2001 to 2005. From 2000 to 2001, he was Senior Vice President of Corporate Development for Real Med, Inc. and from 1998 to 2000, he was the attorney for all U.S. sales and marketing of Prozac and advised the company on all legal issues pertaining to the marketing and related clinical development of antidepressants in the Eli Lilly pipeline. Mr. Carroll is also a member of the Board of Directors for other New Ventures portfolio companies including Hydra Biosciences, Inc., GlobeImmune, Inc. and Nanostream, Inc. Mr. Carroll received a B.A. in Political Science from Syracuse University and an M.P.A. from the Maxwell School of Syracuse, where he is a member of the Board of Advisors. He also received a J.D. from the Syracuse University College of Law.
Amiel M. Kornel
Director and Secretary
Since September 2004, Mr. Kornel has been a Senior Managing Director of Spencer Trask Emerging Technologies Group, LLC where he is responsible for growing the firm s relationship network, identifying qualified early-stage investment opportunities, and supporting strategic management of companies within the Spencer Trask portfolio. From January 2003 to August 2004, Mr. Kornel founded and was the managing partner at Kornel & Associates, the Silicon Valley affiliate of Strategos, an innovation consultancy firm. From January 1998 to December 2002, Mr. Kornel was a Partner at The McKenna Group, where he founded the Innovation Practice, dedicated to helping clients extract more value from their technologies, know-how, brands and relationships. From 1992 to 1998, he was a consultant in the high technology strategy practice of Lochridge & Co., where he worked with numerous Global 1000 companies in the telecommunications and networking sectors. Mr. Kornel received a B.A. in Biological Sciences from the University of Chicago and an M.B.A. from the Massachusetts Institute of Technology Sloan School of Management.
Barry Libert
Director
Mr. Libert is the Chairman of Mzinga and brings more than 25 years of executive and company leadership experience to further awareness of the importance of community and social networking in helping enterprises to solve business needs and remain competitive in a rapidly changing world. Mr. Libert is the co-author of the critically acclaimed book “We Are Smarter Than Me,” where he and his co-authors used the power of Web 2.0 technologies and the Wiki-based contributions of more than 4,000 people to illustrate how businesses could profit from the wisdom of crowds. Mr. Libert is the founder and former CEO of Mzinga's predecessor's company Shared Insights and one of the first in the industry to recognize and promote the value of communities, open business models, and Web 2.0 technologies to improve their top and bottom line performance. He is a graduate of Tufts University and holds an MBA from Columbia University.
Herbert I. London
Director
Since 1997, Mr. London has been president of the Hudson Institute. He has served as a member of the Hudson Institute Board of Trustees since 1974, and has been a senior fellow for more than thirty years, founding Hudson's Center for Education and Employment Policy. The Hudson Institute is a non-partisan policy research organization dedicated to innovative research and analysis that promotes global security, prosperity, and freedom. Mr. London was the John M. Olin University Professor of Humanities at New York University, responsible for creating the Gallatin School in 1972 and served as dean until 1992. He is a tenured professor of social studies at the university. He is currently active on a number of Board of Directors and Trustees � the National Chamber Foundation; Merrill Lynch Assets Management; the National Association for Industry-Education Cooperation; the Greater Indianapolis Progress Committee; and Rose Hulman University. In 1989, Mr. London was one of the Republican candidates for mayor of New York City. In 1990, he was the Conservative Party candidate for Governor of New York, garnering more votes than any third party candidate in the state's history. In 1994, as Republican Party candidate, he narrowly lost the race for New York State Comptroller. He graduated from Columbia University in 1960 and received his Ph.D. from New York University in 1966.
Stephen T. McGrath
Director
Since September 2004, Mr. McGrath has been the Chief Executive Officer of Spencer Trask Emerging Technologies Group, LLC where he is responsible for identifying, mentoring and realizing value in early stage companies in the communications, networking, information technology and Internet sectors in Silicon Valley, California. In July 2000, Mr. McGrath founded and was the Managing General Partner of McKenna Capital, LLC, an early-stage information technology and communications venture capital fund formed in partnership with Regis McKenna and the McKenna Group, LLC. Prior to that, he was the Founder and Director of Strategos, a strategy innovation consulting company, from January 1995 to June 2000, Manager at the MAC Group, an international strategy consulting company, from October 1991 to December 1994. Mr. McGrath received a B.A. and M.A. in Physics and Theoretical Physics from Cambridge University and an M.B.A. from Stanford Graduate School of Business.
Advisory Board
Henry Chesbrough, Ph.D.
Executive Director: Center for Open Innovation, Haas School of Business, University of California Berkeley
Henry teaches in the Management of Technology Program at Haas, which is a joint program with Berkeley's graduate College of Engineering. Previously, he was an assistant professor of business administration, and the Class of 1961 Fellow at the Harvard Business School.
Henry holds a Ph.D. in Business Administration from the University of California- Berkeley, an MBA from Stanford University, and a BA from Yale University, of California Berkeley summa cum laude.
His research focuses on managing technology and innovation. His first book, Open Innovation (Harvard Business School Press, 2003), articulates a new paradigm for organizing and managing R&D. It was named a "Best Business Book of 2003" by Strategy & Business magazine, and the best book on innovation in 2003 on NPR's All Things Considered. Scientific American magazine named him one of the top 50 technology and business leaders for 2003 in recognition of his research on industrial innovation. His new book, Open Business Models (Harvard Business School Press, 2006), describes the growth of intermediate markets for innovation, and the implications for IP management, innovation intermediaries such as Innocentive (which is featured in the book), and the development of more open business models.
His academic work has been published in Harvard Business Review, California Management Review, Sloan Management Review, Research Policy, Industrial and Corporate Change, Research-Technology Management, Business History Review, and the Journal of Evolutionary Economics. He is the author of more than 20 case studies on companies in the IT and life sciences sectors, available through Harvard Business School Publishing.
Prior to embarking on an academic career, he spent ten years in various product planning and strategic marketing positions in Silicon Valley companies. He worked for seven of those years at Quantum Corporation, a leading hard disk drive manufacturer and a Fortune 500 company. Previously, he worked at Bain and Company.
Jay Gallinatti
Former EVP: Overture Services, Inc.
Since leaving Overture in 2002, Jay has been providing consulting and advisory services to small and growing internet businesses. One of those companies was sold to a larger company at a very favorable price for the investors; another company is still in the incubation stage; and a third plans to be a public company soon, having already filed S-1 registration.
Mr. Gallinatti joined Overture Services (formerly GoTo.com) as one of the founding members of the executive management team in March of 1998. GoTo.com pioneered the concept of "paid search & sponsored listings." In less than four years the company grew from 15 people to over 600, generating over $600 million in revenue and $100 million in net profit, and executed an initial public offering. Overture was acquired by Yahoo in 2003 for $1.6 billion, and is now commonly known as Yahoo Search Marketing.
Jay has served as a Director of Zango, Inc. since November 2004. Zango delivers free content (games, videos, software, screen savers, etc.) to internet users through an advertising-supported network.
From June 2003 through June 2005 he served on the Board of Directors of Local Matters, Inc. and was named Chairman in December 2003. Local Matters provides software and media services that enable Yellow Pages publishers and Directory Assistance service providers to expand their traditional offerings and capitalize on emerging opportunities in the internet "local search" market.
Prior to joining GoTo, Jay served as VP, Sales & Marketing at Austin-James, Inc., a consumer software company. He spent nine years at Lotus Development Corporation in a variety of roles, including West Coast Regional Director of Sales, and Director of Marketing for cc:Mail. Mr. Gallinatti received his B.A. in Human Biology from Stanford University in 1978.
Chris Meyer
Chief Executive: Monitor Networks
Monitor Networks is a "human capital intermediary," providing Monitor and its clients access to leading thinkers in business and science, and offering these individuals stimulating opportunities to collaborate.
Chris also writes and speaks about the trends shaping business and economic developments. His most recent book is It's Alive: The Coming Convergence of Information, Biology, and Business. He has also co-authored Blur: The Speed of Change in the Connected Economy and Future Wealth with Stan Davis, and contributed to publications such as Harvard Business Review, Sloan Management Review, Fast Company, Time, The Wall Street Journal, Business Week, and Business 2.0.
Chris' recent research and consulting have focused on the development of the Adaptive Enterprise, helping companies create the capacity to sense, respond, and adapt to changes in their business environments.
Chris holds a B.A. in both Mathematics and Economics from Brandeis University and a M.B.A. (with Distinction) from The Harvard Business School. In addition, he held a University Predoctoral Fellowship in Economics at the University of Pennsylvania.
He serves on the Board of Icosystem, the Massachusetts Innovation & Technology Exchange, the Rhode Island Economic Development Corporation, the Bankinter Fundacion de la Innovacion, and the advisory Boards of LaunchCyte and Corey McPherson Nash.
Gilbert Omenn, M.D., Ph.D.
Professor of Internal Medicine, Human Genetics, Computational Biology, and Public Health: University of Michigan
Gil directs the UM Center for Computational Medicine & Biology and the Proteomics Alliance for Cancer Research. He served as UM Executive Vice President for Medical Affairs and as Chief Executive Officer of the University of Michigan Health System from 1997 to 2002. He was previously Dean, School of Public Health, and Professor of Medicine and Environmental Health, University of Washington, Seattle. His research interests include cancer proteomics, chemoprevention, public health genetics, science-based risk analysis, and health policy. He was a Howard Hughes Medical Institute investigator, working on biochemical genetics of the brain. He served as Associate Director, Office of Science and Technology Policy, and Associate Director, Office of Management and Budget, in the Executive Office of the President in the Carter Administration. He is a longtime director of Amgen Inc. and of Rohm & Haas Company. He is Chairman of the Board (2006-2007) of the American Association for the Advancement of Science (AAAS).
Omenn is the author of 407 research papers and scientific reviews and author/editor of 17 books. He is a member of the Institute of Medicine of the National Academy of Sciences, the American Academy of Arts and Sciences, and the American College of Physicians. He chaired the Presidential/Congressional Commission on Risk Assessment and Risk Management ("Omenn Commission") and the NAS/NAE/IOM Committee on Science, Engineering and Public Policy. He received the John W. Gardner Legacy of Leadership Award from the White House Fellows Association in 2004. He earned his B.A. from Princeton, M.D. from Harvard Medical School, and Ph.D. in genetics from the University of Washington.
Irving Wladawsky-Berger
Chairman Emeritus, IBM Academy of Technology and Visiting Professor of Engineering Systems, MIT
Mr. Wladawsky-Berger retired from IBM in May 2007 after 37 years with the company. Following his retirement, he became Chairman Emeritus, IBM Academy of Technology and also works as a visiting Professor of Engineering Systems at MIT, where he is focused on how information technology is helping transform business organizations and the institutions of society.
At IBM, he was responsible for identifying emerging technologies and marketplace developments that are critical to the future of the IT industry, and then organizing activities in and outside IBM in order to capitalize on them. Mr. Wladawsky-Berger is also an Adjunct Professor in the Innovation and Entrepreneurship Group at the Imperial College Business School. He is also a strategic advisor for Citigroup, a member of BP's Technology Advisory Council, the Visiting Committee for the Physical Sciences Division at the University of Chicago and the Board of Visitors for the Institute for Computational Engineering and Sciences at the University of Texas at Austin.
He also served on and later co-chaired the President's Information Technology Advisory Committee from 1997 to 2001, and was a founding member of the Computer Sciences and Telecommunications Board of the National Research Council in 1986. He is also a former member of University of Chicago Board of Governors for Argonne National Laboratories and of the Board of Overseers for Fermilab. A few years ago, Mr. Wladawsky-Berger was elected a Fellow of the American Academy of Arts and Sciences. He has an M.S. and Ph. D. in physics from the University of Chicago.
Todd Zangrillo
Founder and Managing Partner, Barlow Group
Todd Zangrillo is the Founder and Managing Partner of Barlow Group, a leading boutique executive search firm for early and mature growth stage technology businesses. For nearly 15 years, Todd has provided insight and leadership around issues of organizational growth and operations, leadership execution, and strategic Alignment to senior executives. Todd's industry strengths are in software, web 2.0, the wireless market, and growth carve-out and spin-out technology companies.
Before founding Barlow Group, Todd was a Managing Partner at Redwood Partners International, an international advisory firm that provided investment banking, private equity and executive search to technology companies. During his tenure there, Todd was responsible for overall corporate and business development for Redwood's software practice and served as General Manager of their executive search practice.
Todd was also one of the founding members of InterWorld, an enterprise software company, which he led the worldwide expansion and managed the company through IPO (peak valuation $2.8B). Prior, Todd was a founding executive of a venture capital fund specializing in investing and managing "carve-outs." In this role, he led their leadership strategies and "go-to-market" solutions for each high-growth investment, recruited the management teams for both firms and their portfolio companies, and held various Board and committee responsibilities.