Board of Directors & Advisors
Steve Carpenter – Chair
Steve Carpenter is the Vice President of Venture Operations at the Life Sciences Greenhouse of Central Pennsylvania. The LSGPA provides investment and support to promising life science companies in central Pennsylvania. Steve has worked for the LSGPA since completing his MBA at Penn State in 2004 with a focus on venture capital, entrepreneurship, and finance. His principal responsibilities include serving as a director or board observer for portfolio companies and evaluating prospective companies for investment. Prior to pursuing his MBA, Steve served in a variety of management and engineering positions primarily leading operation start-ups and new product launches in the electronics industry.
Donald C. Belt
Mr. Belt is President/Sr. Managing Partner of AGSM, LLC and iNetworks Private Wealth Ventures, LLC. He currently serves on the following boards: kWantera Inc., kWantix Trading, LLC, Prototype Productions Venture Holdings, LLC ,and INDIGO Biosciences, Inc. Mr. Belt brings over 40 years of experience from executive capacities at True Value, ServiStar, and General Electric in addition to being a CEO/owner of MRODirect, McGhee & Co. and Chesapeake Holding Corporation.
Mark McLoughlan has four decades of healthcare industry experience and recently served as Executive Vice President for Avantor (formerly VWR International) an held the position of SVP & President, Americas Laboratory and Distribution Services from 2012 to 2018 for VWR International. During his tenure as President at VWR International, Mr. McLoughlin was responsible for the entire P&L of the Americas $3B manufacturing, distribution, and services business. He was directly involved in multiple strategic acquisitions and led the integrations of these businesses into the Americas portfolio. Prior to being appointed President, Mr. McLoughlin led the Category Management function for VWR and was responsible for strategic and tactical marketing functions. Prior to joining VWR, Mr. McLoughlin held positions as the SVP of Scientific Products Distribution for Cardinal Halth, SVP and Chief Marketing Officer for Cardinal Health, and led the global Critical Care manufacturing business unit for Mallinckrodt.
Brad Harmon currently works for Sanofi Pharmaceuticals as the Head of Market Development for the $6B+ Sanofi U.S. Diabetes franchise. He has worked for Sanofi since 1988 and has shown a steady progression in responsibility and advancement throughout various divisions within the organization. Mr. Harmon’s uniquely diverse pharmaceutical background has allowed to him to obtain several Sr. level positions, including Sr. Director of Market Access Operations, Head N.A. Medical Affairs Operations, Head of Aventis Medical Liaisons group, and N.A. Medical Affairs Chief of Staff. Mr. Harmon’s marketing experience spans across both anti-Infectives and diabetes disease areas. During his career, he has developed extensive product launch experience while serving on 15 product launch teams. He has held leadership positions in Commercial, Medical Affairs, and Marketing.
Mr. Harmon has earned an undergraduate degree in Exercise Science from Springfield College and an MBA from Rutgers University School of Business.
Mr. Novak is an experienced deal-maker and has successfully closed dozens of M&A and capital raise transactions for private and public companies throughout the U.S. and overseas. Throughout his career he has applied careful, fact-based analysis and leveraged his relationships with venture capital firms, private equity firms, and large corporations to maximize his clients’ values.
He is a CFA Charterholder and a frequent lecturer on M&A, raising capital, due diligence, and negotiation. Mr. Novak is a Managing Director with CoView Capital, a FINRA-registered investment bank in New York.
Fred Marroni – President & CEO
Fred Marroni, INDIGO’s CEO, is a successful entrepreneur with more than 25 years of executive management and engineering experience. His career has spanned multiple industries, technologies, and organization stages including turn-around management of an Internet technologies company that had 100% growth of a $15 million business unit within 24 months. His attention to details, team motivational skills and operational experience were key factors in this accomplishment. His expertise ranges from being the founding executive of several companies to senior management of a Fortune 1000 business. He has led efforts in merger and acquisitions and contract negotiations. For the past 10 years, he has focused on evaluating and funding of early stage life science companies.
John W. Manzetti – Advisor
John Manzetti is a visionary financial and business leader, technology entrepreneur, start-up advisor, investor, and expert on the topics of economic development, venture capital formation, and the commercialization of innovation. He is globally recognized for his prowess in taking innovation from “Concept to Commercialization™” and market entry. He has led nearly $200 million in capital rounds and $1 billion in mergers and acquisitions during his career. John currently serves as the Managing Director of Manzetti Group, LLC. Mr. Manzetti previously worked as President and CEO of the Pittsburgh Life Sciences Greenhouse (PLSG); President and CEO of NOMOS Corporation; and Executive Vice President and CFO, Secretary, and Treasurer of Carnegie Group. John also founded the Accelerator Fund, LLC, the only pure life sciences venture capital fund in the region, focused on high-impact investments in healthcare companies.