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Kawasaki Heavy Industries, Nokia Bell Labs, Franklin Templeton, City National Bank, Artron Ventures Inc. and Kilpatrick Townsend Join EvoNexus Board Directors
[May 14, 2019]

Kawasaki Heavy Industries, Nokia Bell Labs, Franklin Templeton, City National Bank, Artron Ventures Inc. and Kilpatrick Townsend Join EvoNexus Board Directors


EvoNexus, Southern California's premier technology incubator, today announced six industry sector executives were elected to its Board of Directors; three were elected in Q1 and three on May 10. The new Directors hail from well-established international organizations including: Franklin Templeton, one of the world's largest asset managers; City National Bank, a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies with offices in Canada, the United States and 33 other countries; Kawasaki Heavy Industries (USA), a technology corporate group with about 100 group companies in Japan and overseas sending diverse products into wide-ranging fields; Nokia Bell Labs (News - Alert), providing technology, products, services and licensing to connect the world via 5G and the IoT; Artron Ventures Inc., a subsidiary of TOA Electric Industrial Co., Ltd. the worldwide electronic parts distributor; and Kilpatrick Townsend & Stockton LLP law firm that provides counsel to companies and brands from around the globe.

"We continue to attract accomplished business leaders and their companies from diverse sectors to EvoNexus," said Rory Moore, CEO and Co-Founder of EvoNexus. "Our new board members bring varied domain expertise, energy and strategic partnerships to EvoNexus and our startup portfolio."

Moore continued, "The convergence of industries and hyper-connectivity is blurring traditional business boundaries providing opportunities for new collaboration, innovation and competition. The potential of technologic applications is widening, which is reflected in our strategic partnerships, board members and portfolio of disruptive startups that are expanding into new sectors. Startups typically enter markets with disruptive innovation. This is occurring within agriculture, chemicals, healthcare, automotive, consumer electronics, and industrial equipment to name a few, as well as new technology acceleration within banking, finance and insurance with a plethora of emerging FinTech startups."

About the New Elected EvoNexus Board Directors

Linda Duncombe, Executive Vice President of Marketing and Product Strategies, City National Bank, is a member of the company's Executive Committee. Prior to joining City National, she was global head of design for Citibank's Global Consumer Bank and the chief marketing officer and head of growth for Citi FinTech. Ms. Duncombe, born in Australia, began her career with National Australia Bank and later served as the head of customer franchise with Citi in Australia. She earned her bachelor's degree from Western Sydney Univrsity. She is a graduate of Harvard Business School's Advanced Management Program and completed Citi's Women's Leadership Development Program at the UCLA Anderson School of Management. Active in community and civic affairs, Ms. Duncombe serves on the board of the Global Retail Management Association.



Takaki Morihara/Chief Operating Officer, Artron Ventures Inc., is leading the discovery of new technology and startups. He has more than 15 years of experience in the hardware industry with multiple responsibilities in sales, marketing and engineering for several markets including consumer, automotive, semiconductor and optical communications. Mr. Morihara began his career as an acoustic engineer for automotive speakers at Foster Electric managing sales to SONY, Alpine and Samsung (News - Alert). He has previously held new business development branch manager positions for TOA Electrical Industrial in both California and Texas.

Richard Christiansen/Partner, Kilpatrick Townsend & Stockton LLP, a multi-practice international law firm, focuses his practice on patent prosecution and transactional intellectual property for a broad range of technologies in software, mechanical and electrical spaces for clients in all lifecycle stages from multinationals to early startups. Mr. Christiansen has helped clients receive patents for medical devices, AI, online security and content delivery, FinTech, clean technology, electromechanical systems and heavy equipment. Prior to his legal career, Mr. Christiansen was a design engineer at Raytheon (News - Alert) Missile Systems. He has been involved with many startups and new companies, including as a founder and mentor. Mr. Christiansen obtained a B.S. in Mechanical Engineering from Brigham Young University and a J.D. from New York University School of Law.


Masanori Hamamatsu/Technical Director of Strategic Research Department, Kawasaki Heavy Industries (USA), is responsible for Kawasaki R&D projects. He is currently working on Research & Technology Scouting, Business Development and Investment deal scouting of IIoT/AI applications/Robotics/Mobility/Energy related to Kawasaki current and future businesses. He started his career at Kawasaki Heavy Industries in 1991. He holds a bachelor's degree in Control Engineering from Osaka University, Japan.

Joe Boerio/Senior Vice President and Chief Technology Officer (CTO), Franklin Templeton (FT) [NYSE:BEN], leads Investment Management Data Science, FinTech and Rapid Development for Franklin Templeton Investments. As CTO he is responsible for setting and executing the firm's strategic technology direction for Investment Management, Data Science and Cyber Security including FT's internal FinTech venture. Mr. Boerio is a strong visionary leader with 30+ years of proven execution results in enterprise IT, operational excellence and global business enablement. He is the Chair of the Investment Company Institute Technology Committee based in Washington, D.C. and serves on the Board of the FinTech Sandbox in Boston. He earned his bachelor's degree in information systems management from the University of San Francisco.

Nitin Shah, PhD/Principal Innovator, Nokia Bell Labs, is responsible for leading technology incubation and commercialization. Based in Silicon Valley, he is an innovator and inventor with a record of developing technologies and architecture for mobile networks from concept to commercialization. He has experience with multi-national corporations, startups and solo consulting in the mobile communications and digital media industries. His primary focus is on roadmaps and market disruptions to drive profitable innovation in mobile networking. Dr. Shah holds a BA and MA in Natural Sciences and a PhD in Microelectronics from the University of Cambridge in England. He holds 15 patents in the areas of mobile networks, digital media and quantum engineering. His past clients/inhouse positions include AT&T, Lucent Technologies, Ericsson (News - Alert), Nokia and DoCoMo.

About EvoNexus

EvoNexus is Southern California's leading startup incubator with locations in San Diego and Irvine. We enable motivated entrepreneurs to turn their transformative technologies into fundable, commercially-viable companies. Since 2010, $1.7B in funding and acquisition outcomes have been achieved by EvoNexus startups. A total of 26 EvoNexus startups have been acquired since 2013. EvoNexus is supported by strategic corporate sponsors in technology, life science and leading sector service providers. EvoNexus companies enjoy incubation of up to two years in Class A offices and dry lab spaces to create complex products, secure investor funding and launch their inventions into important markets. For more information, please visit evonexus.org.


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