Appointed interim chief executive and president in March, Jill Smith has now been made the permanent head of the commercialisation firm.
US-based commercialisation firm Allied Minds today announced it has made Jill Smith (pictured) its permanent chief executive and president, following her appointment in interim capacity in March.
Smith replaced co-founder and CEO Chris Silva two months ago, having previously served as a non-executive director of Allied Minds since January 2016.
Established in 2004, Allied Minds generates, funds and manages spinouts of universities and US federal research facilities.
Allied Minds has had a tumultuous few months since Smith took over, following a $146.6m writedown on the value of seven businesses in April that sent the firm’s shares tumbling.
Peter Dolan, chairman of Allied Minds, said: “We are delighted to confirm Jill’s appointment as president and CEO of Allied Minds. Jill has extensive operating experience, including most recently as CEO of DigitalGlobe where she reset the business direction to successfully drive growth and led the company through its successful IPO.
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