This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

MassChallenge Announces New CEO

February 20, 2019

BOSTON--(BUSINESS WIRE)--Feb 20, 2019--The Board of Directors of MassChallenge, a global network of zero-equity startup accelerators, today announced it has named Siobhan Dullea as Chief Executive Officer, effective immediately. Dullea, who currently serves as MassChallenge’s Chief Operating Officer, will  succeed MassChallenge founder John Harthorne, who will remain on the not-for-profit’s Board of Directors.

With more than 25 years of deep industry experience, Dullea has a proven track record for developing and growing innovation ecosystems that help entrepreneurs succeed. She has held C-level positions at leading-edge companies that support growing businesses, including The Grommet and C Space (formerly Communispace Corporation); in these positions, she drove significant growth and international expansion. Since 2016, Dullea has led operations for MassChallenge’s eight accelerators worldwide, and has overseen the organization’s financial planning and talent development functions.

“Throughout my career, I’ve seen the transformative power a community can have when it comes together to support entrepreneurs,” said Dullea. “MassChallenge has been a leader in strengthening the global innovation ecosystem by supporting the highest potential startups, and I am honored to take the reins of such a community-driven organization. I am confident that by working together, we can help entrepreneurs reach their full potential.”

“Along with the rest of MassChallenge’s Board of Directors, I am confident that Siobhan is the right leader to take MassChallenge into the future,” said Len Schlesinger, MassChallenge Board of Directors. “From her experience successfully leading MassChallenge’s operations to her passion for entrepreneurs and ecosystem building, Siobhan is primed to help MassChallenge grow its support for startups around the world.”

“Siobhan is exactly the right leader to build on the success of the first ten years of MassChallenge,” said John Harthorne, MassChallenge Founder. “Having worked directly with Siobhan over the last three years, I have great confidence in her leadership abilities, and I am extremely excited about the future of MassChallenge under her leadership.”

About MassChallenge

MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas, MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential startups across all industries, from anywhere in the world. To date, over 1,900 MassChallenge alumni have raised over $4 billion in funding, generated over $2.5 billion in revenue, and created over 120,000 total jobs. Learn more about MassChallenge at masschallenge.org.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190220005656/en/

CONTACT: Caroline Pepek





SOURCE: MassChallenge

Copyright Business Wire 2019.

PUB: 02/20/2019 10:59 AM/DISC: 02/20/2019 10:59 AM