By Subcontractors USA News Provider

HOUSTON, TX – Houston Technology Center is pleased to announce the election of Lori Vetters to succeed Walter Ulrich as President & CEO of HTC upon his retirement on February 1.  Ms. Vetters has joined the staff of the HTC as President/CEO-elect to begin the transition.

Lori is a well-known and highly respected Houston business and civic leader with deep experience working with some of Houston’s major non-profit organizations.  She has had substantial board experience with the Greater Houston Partnership, Teach for America and the Houston Zoo.  Her extensive background in banking brings a wealth of experience in business leadership and strategy to the Houston Technology Center and to the entrepreneurial community.

“This is exciting news for the Houston Technology Center and for the community we serve and will represent an important ‘changing of the guard’” said Walter Ulrich current CEO and President of HTC.  “These have been great years,” continued Ulrich. “I can’t wait to see what the next 10 years will hold for the HTC and the community.”

“After an extensive search in which over 100 candidates were considered, we are lucky to attract and elect such a talented individual and committed leader as Lori to bring the HTC to the next level.” added Charles Flournoy, HTC Chair of the Board.

Ms. Vetters commented, “What a privilege it is for me to join Houston’s pre-eminent business and technology incubator and accelerator, leveraging 18 years of successfully fulfilling its mission and with new opportunities to build on the vision that our distinguished Board has put together.”

Most recently, Vetters was Senior Vice President and Regional Commercial Executive at HSBC Bank plc and has amassed more than 25 years of banking experience in Texas.  Previously, Ms. Vetters served as President of her family’s Texas-based businesses, as Regional President of Houston Gulf Coast at Wachovia Corporation and as a Texas-based Managing Director at J.P. Morgan Chase and its predecessor firms.  She received a Bachelor’s degree in Geology from Tulane University and an MBA from Southern Methodist University.

Houston based McKinley Arend International assisted in the search and recruitment. The Houston Technology Center also wishes to express special appreciation to the Executive Search Committee and Board members who were particularly helpful in the search and in Ms. Vetters’ recruitment: Charles Flournoy, Chair of the Board; Dick Williams, chair of the search committee; Randy Walker; and Barbara Burger.

About Houston Technology Center

Houston Technology Center is a non-profit organization that provides education, insight and access to capital that entrepreneurs need to move toward the path of commercialization. As a 501(c)(3), HTC assists Houston-based entrepreneurs within several key sectors: energy, information technology, life sciences, nanotechnology, and NASA/aerospace. For more information, visit houstontech.org.

Source: Houston Technology Center

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