Board of Directors

Jai N. Gupta, MS, MSA, PhD Portrait
Jai N. Gupta, MS, MSA, PhD

Chairman and CEO

Dr. Gupta brings more than 40 years of technical, managerial, and leadership experience. He founded EER Systems, which specializes in scientific systems development for various federal agencies and the military, and pioneering commercial space launches with NASA, attaining revenues of $150 million with some 1,500 employees in 2000. Recently, he has retired as Group President of L-3 Communications Government Services Group. Currently he is an active investor in several entities globally, including startups. Dr. Gupta received his Bachelor's degree from the Indian Institute of Technology, Master's from Queens University, Canada, Ph.D. from Purdue University, and MSA from George Washington University.
Vinod K. Goel, MSc, MBA, PhD Portrait
Vinod K. Goel, MSc, MBA, PhD

President and CFO

Dr. Goel is a former World Bank official and global expert on innovation and competitiveness who brings 40 years of international experience in R&D, technology commercialization, and private sector development. He is one of the pioneers of Inclusive Innovation, a concept gaining currency as a means of expanding the benefits of technology to a wider global audience. He has led the design and implementation of numerous complex development projects with budgets of up to $500 million. Dr. Goel is also a senior consultant at World Bank (previously Chief of Financial Management), and founder of Lagom Group, an international advisory firm. He holds MBA with distinction and Ph.D. from Cornell University, and a Masters from NDRI, India.
Jim Zalar, MBA Portrait
Jim Zalar, MBA


Jim Zalar is General Manager, Business Solutions at Cleveland Clinic Innovations and brings 20+ years of experience in healthcare operations and consulting as well as monetizing workflows, trade secrets and non-IP protectable solutions. Previously, he was Institute Administrator at Cleveland Clinic. Currently he focuses on working with outside entities on Business Engineering services including identifying early-stage organizations and helping address their needs from incubation to early commercial operations period. Jim received BS and BA in Finance from John Carroll University and MBA from Cleveland State University and has his Series 6 and 63 securities license.
Joseph Rich, JD, MBA Portrait
Joseph Rich, JD, MBA

Corporate Secretary

Joseph T. Rich brings 10+ years of technology commercialization experience, and is Director of Portfolio Company, Grant and Governance at Cleveland Clinic Innovations (CCI); responsible for new venture development and growth, and managing relationships between the boards and executive teams of CCI and the $60 million Ohio BioValidation Funds early stage investment program. He has extensive business development expertise in organization and start-up of numerous successful companies and has been on the board or a Corporate Officer for over 15 early-stage companies. Mr. Rich received BS from John Carroll University, and MBA, along with JD from University of Akron.