Michael Mahan, a GCV Rising Star in 2018 and former investment manager at Stanley Ventures, has been promoted to managing director of the unit.

US-based hardware product maker Stanley Black & Decker (SBD) promoted investment manager Michael Mahan to managing director of its corporate venture capital unit, Stanley Ventures, last week.

Selected as one of GCV’s 2018 Rising Stars, Mahan was the first member to join the unit upon its launch in 2016. In his role as investment manager, he was involved in deals for robotic companion developer Pillo Health and oil and gas refinery system provider Arix Technologies.

The move follows…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.