Steven L. Ludmerer

Title: Director, Commercialization Practice

Category: Managing Professional

Education: MBA; B.S. Chemical Engineering

Mr. Ludmerer brings over thirty years of experience building specialty chemical, advanced material, and consumer products businesses. For two decades at DuPont and Union Carbide, he launched such well-known products as Teflon finishes for cookware, the Reach toothbrush, and Tychem and Barricade protective apparel. In a four-year assignment in Asia, Mr. Ludmerer led DuPont’s Business Development activities from Japan to New Zealand to Pakistan, establishing that company’s subsidiary in India, securing new investments in Indonesia and Thailand, and upgrading distribution systems. After leaving the large corporate world, Mr. Ludmerer led three technology-based entrepreneurial ventures, an immunoassay diagnostics company, an instrument company, and most recently, as President of Parelec, an electronic materials company. Mr. Ludmerer has established contacts in Asia through his chemicals and materials industry experience and residency in Hong Kong. Mr. Ludmerer has also built businesses that are currently doing over $200 million in revenue, and has raised over $30 million in public and private capital for his companies. Mr. Ludmerer is on the Board of the Commercial Development & Marketing Association (www.cdmaonline.org) and is the 2003 recipient of CDMA’s Golden C award for career achievement in commercial development.