Innovation & Entrepreneurship: A Variety of Career Paths to Follow your Passion

Molly Hemmeter, President and Chief Executive Officer, Landec Corporation, Menlo Park, CA
When Oct 23, 2015
from 01:00 PM to 02:00 PM
Where Ernst Hall, Room 310
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Ms. Molly Hemmeter is the 2015 recipient of the Professional Award in Engineering.  Throughout her career, Ms. Hemmeter has had a passion for innovation and entrepreneurship. Through a variety of industries and organizational roles, she has followed her passion for innovation through the development of new products and the creation of new businesses.  The career choices she has made were affected by her need to fuel this passion, the desire to further develop her skills and her personal assessment of the “risk versus reward” equation that all entrepreneurs must solve for themselves. All along the way, her chemical engineering degrees from Speed School and her Harvard MBA have provided a solid educational foundation from which to pursue her goals.

As an engineer at Eli Lilly, she served as the operational lead for the startup of a new production facility for a next-generation antibiotic.  After receiving her MBA, she joined the marketing organization of the Bausch & Lomb consumer products division where she led the development and commercialization of new products and B&L’s first consumer e-commerce business. Ms. Hemmeter then went on to expand her entrepreneurial horizons as an executive in two early-stage, venture-backed technology companies, both of which were eventually acquired.  Her next step led her to Ashland, Inc., where she led global new business development and new product innovation initiatives.

In her current role as the CEO of Landec Corporation, Ms. Hemmeter leads a public company that differentiates itself through the development of innovative products for health and wellness solutions.  Over the past five years, the company has more than doubled in size from fiscal year 2010 revenues of $238 million to fiscal year 2015 revenues of $539 million, representing a CAGR of 18%.

During this seminar, Ms. Hemmeter will provide an overview of the variety entrepreneurial roles she has held, along with the challenges and accomplishments in each.  Ms. Hemmeter will provide her perspective of the “risk and reward” equation for each position and other personal and professional considerations that drove her career choices.

There will be plenty of time for questions and answers.