Mike Otworth

Mike Otworth is a seasoned entrepreneur and business leader who co-founded Innventure, a company focused on commercializing disruptive technologies.1 Here are some key details about Mike Otworth:

Professional Background

Current Role:: Mike Otworth serves as the Executive Chairman and Member of the Executive Committee at Innventure.13

Previous Experience::

• Founding CEO and Chairman of the Board of PureCycle Technologies (PCT) from 2015 to 20223
• President and Founding Partner of Green Ocean Innovation for six years3
• Vice-President and Founding CEO of multiple start-ups at XL TechGroup (XLTG)3
• Began his career as a legislative aide and committee staff member in the U.S. House of Representatives3

Achievements

• Led PureCycle Technologies from early-stage concept to operational pilot and successful public offering in March 20213
• Helped PureCycle Technologies achieve a market cap exceeding $1 billion in 20223
• Co-founded Innventure, partnering with former Walgreens CEO Gregory Wasson to commercialize new technologies2

Innventure

Innventure, co-founded by Mike Otworth, is a joint venture that aims to help Fortune 50 companies develop and scale new technologies.2 The company:

• Partners with large corporations to spin off and create new companies2
• Uses a proprietary DownSelect process to vet disruptive technologies from multinational corporations1
• Has an initial partnership with Procter & Gamble (P&G)2

Mike Otworth's experience in building successful start-ups and commercializing disruptive technologies has been instrumental in shaping Innventure's approach to innovation and business development.