Former GE Ventures CEO Sue Siegel has been selected as chairwoman of the MIT-affiliated fund and accelerator The Engine.

The Engine, the tough tech venture capital fund and incubator formed by Massachusetts Institute of Technology (MIT), appointed Sue Siegel as chairwoman of its board of directors on Friday.

Siegel was formerly chief innovation officer of industrial conglomerate General Electric and CEO of its corporate venturing subsidiary, GE Ventures, having stood down from both roles in July 2019.

A five-time GCV Powerlist award-winner and lifetime achievement awardee, Siegel has sat on the board of directors at The Engine since…