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Mike Otworth

Founder & CEO at Innventure - a Wasson Enterprise Partnership

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.

Related Questions

What are some of the key technologies Innventure has introduced?
How did Mike Otworth's experience at XL TechGroup influence Innventure?
What was the role of Procter & Gamble in Innventure's early stages?
How did Mike Otworth transition from PureCycle Technologies to Innventure?
What is the DownSelect® Method developed by John at XL TechGroup?
Mike Otworth
Mike Otworth, photo 1
Mike Otworth, photo 2
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Location

Ashland, Kentucky