Bobbi Elliott named chief operating officer effective May 16

Edmonton, AB, Canada (May 15, 2019). TEC Edmonton’s board of directors and its joint venture partners, the University of Alberta and Edmonton Economic Development, announces the appointment of Bobbi Elliott as TEC Edmonton’s chief operating officer. Bobbi will lead TEC Edmonton as outgoing CEO, Chris Lumb concludes his 10-year tenure and the CEO search is complete. Since 2015, Bobbi has been overseeing all TEC Edmonton’s finance, human resources and administrative functions.

“Chris’s impact on the growth of TEC and the broader technology ecosystem is profound. Edmonton has truly benefitted from his contributions,” says Wayne Karpoff, chair, TEC Edmonton board of directors. “As TEC goes through the CEO search process, Bobbi’s leadership will ensure TEC continues to serve Edmonton’s technology companies at the award-winning level it has ascended to over the past decade.”

“Bobbi is a pivotal part of the TEC Edmonton team and I’m pleased she has agreed to take on the leadership of TEC Edmonton,” says Matthias Ruth, Vice President Research, University of Alberta. “With her strong public sector background and diverse operational expertise, Bobbi is very well placed to lead TEC Edmonton during this leadership transition. I look forward to working closely with her in this role.”

“Bobbi is a seasoned executive who will provide much needed stability in a time of leadership transition,” said Derek Hudson, CEO of Edmonton Economic Development. “As a part of our joint-venture partnership with the University of Alberta, we look forward to working with her to ensure TEC Edmonton continues to serve the needs of entrepreneurs. I’d like to also thank Chris Lumb for his leadership and contributions to Edmonton.”

For the last four years, Bobbi Elliott, CPA, CGA, has been TEC Edmonton’s director of finance which included overseeing human resources, information technology and administration. Prior to her position at TEC Edmonton, Bobbi worked in both the private and public sector. That time included nine years managing research accounts and providing financial oversight for Northern Alberta Clinical Trials + Research Centre, a collaboration between the University of Alberta and Alberta Health Services.

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About TEC Edmonton

TEC Edmonton is a business accelerator that helps emerging technology companies grow successfully. As a joint venture of the University of Alberta and Edmonton Economic Development, TEC Edmonton operates the Edmonton region’s largest accelerator for early-stage technology companies and manages commercialization of University of Alberta technologies.

Since 2011, TEC clients generated over $1 billion in revenue, raised $504M in financing and funding, invested $278M in R&D, and grown both revenue and employment by 37 per cent per year and now employ over 2,200 people in the region. TEC assisted in the creation of 37 spin-off companies from the University of Alberta in the last seven years.

TEC Edmonton was named the 3rd best University Business Accelerator in the world by the University Business Incubator (UBI) Global Index in 2018. For more information, visit TECEdmonton.com.

For more information, contact:

Jennifer Sheehan, TEC Edmonton
Director, Communications and Marketing
E: jennifer.sheehan@tecedmonton.com
W: 780-492-0707
C: 587-920-8172

Imran Gill, Edmonton Economic Development (EEDC)
Director, Corporate Marketing and Communications
E: igill@edmonton.ca
W: 780.969.0477
C: 780.719.7147

Mara Simmonds, University of Alberta
Director, Strategic Communications (Research & Innovation)
Office of the Vice-President (Research) and Marketing Communications (University Relations)
E: mara.simmonds@ualberta.ca
W: 780.492.7904
C: 780.903.2084