Prior to Originate Ventures, Mike was a co-founder and former CEO of OraSure Technologies (NASDAQ: OSUR), where he helped build the company from a start-up to more than $50 million in annual sales and a market cap of over $500 million over a 17-year period. Among other things, OraSure is best known for developing, manufacturing and selling the 1st rapid oral fluid HIV test in the world.
Over that time, Mike raised more than $100 million from angel investors, venture capitalists, public offerings, and from commercial banks. Mike was recognized as Ernst and Young Central and Eastern Pa Biotech Entrepreneur of the Year in 2005 and the Company was named seven consecutive years to the Fastest 50 growth companies in the Greater Philadelphia region.
Mike is a Managing Partner in The Brand Experience, a creative production agency located in Cincinnati, Ohio. Prior to co-founding the predecessor company to OraSure Technologies in 1987, Mike held a variety of financial management positions at Proctor & Gamble.
Mike is currently the Treasurer of LVIP, a local non-profit land development company. LVIP recently acquired a large former Bethlehem Steel brownfield site and expects to invest $100 million in the redevelopment of the site into prime industrial, retail, and commercial space.
Mike is currently a Board member for the Community Action Committee of the Lehigh Valley. The CACLV's mission is to improve the quality of life in the Lehigh Valley by building a community in which all people have access to economic opportunity, the ability to pursue that opportunity, and a voice in the decisions that affect their lives.
Mike served as a Board member and Audit Chair at KNBT Bancorp (NASDAQ: KNBT). During Mike's tenure, the bank grew from $800 million in assets to be one of the largest community banks in northeastern Pennsylvania, with more than $3 billion in assets.
Mike also served on the Healthcare Advisory Board of Safeguard Scientifics (NYSE: SFE), a publicly traded venture capital firm located in Philadelphia.
Mike graduated from Rensselaer Polytechnic Institute with a BS in Mechanical Engineering in 1980 and he received an MBA in Finance from Miami University of Ohio in 1983. He is active in the community promoting economic development and entrepreneurship.