GE Ventures and healthymagination
Sue Siegel is CEO of GE Ventures, GE’s growth and innovation business comprised of GE Ventures, GE Licensing, and New Business Creation (NBC). GE Ventures invests in and partners with the entrepreneurial ecosystem across Healthcare, Energy, Software, Advanced Manufacturing, and Lighting and starts and grows companies via its New Business Creation unit. GE Licensing creates shareholder value through GE’s IP. She also leads Healthymagination, GE’s innovation catalyst for addressing healthcare’s major global challenges via partnerships to improve the quality, access, and affordability of healthcare.
Sue has 30+ years of combined experiences in the corporate world and in venture capital. Previously, as a Silicon Valley-based financial VC, Sue led investments and served as Board member of companies in personalized medicine, digital health, and life sciences at MDV. Before venture capital, at Affymetrix (NASDAQ: AFFX) as President and Board Member, she drove the company’s transformation from a pre-revenue start up to a global, multi-billion dollar market cap genomics leader. And previously, Sue led strategy, technology development, licensing, manufacturing, as well as new market creation & development at Bio-Rad, DuPont, and Amersham.
Sue has served on many corporate board, public and private, along with non-profit boards. She currently serves on the Boards of: the National Venture Capital Association, Stanford Hospital Board’s IT Council, University of California’s Innovation Council, Harvard Partners’ Innovation Advisory Board, the Cleveland Clinic’s Innovation Council, and USC’s Schaeffer Center for Health Policy. Most recently Sue served on President Obama’s Precision Medicine Initiative as a member of the Working Group to set guidelines for its establishment and served as an inaugural Board member for the NIH’s National Center for Advancing Translation Sciences. She serves on the Executive Committee of Santa Clara University’s Miller Center for Social Entrepreneurship, is a President’s Circle member of the National Academies of Science, a Henry Crown Fellow of the Aspen Institute, is a member of YPO-WPO, and Women Corporate Directors. In the bestselling business book: Multipliers: How The Best Leaders Make Everyone Smarter, Sue was a featured “Multiplier”. She was recognized as one of “The 100 Most Influential Women in Silicon Valley”.
Sue lives in Silicon Valley with her husband and her two sons. When not working, you might find her hiking the scenic trails of Northern California.