University City Science Center Names New Board Chairman

This article was first published by the Science Center.

PHILADELPHIA -- (July 1, 2019) – Mike DiPiano, Managing General Partner and Co-founder of NewSpring has been elected Chairman of the University City Science Center’s Board of Directors. DiPiano succeeds Craig R. Carnaroli, Executive Vice President of the University of Pennsylvania, Board Chair since 2011 and who remains on the Science Center’s Board of Directors as a Vice Chair and member of the Executive Committee.

DiPiano is a General Partner of NewSpring’s dedicated growth equity funds and serves as a member of the investment committee of all NewSpring funds. Before co-founding NewSpring, DiPiano was a serial entrepreneur and investor. He has led or co-led investment into companies in the business services, healthcare, and information technology industries. DiPiano has served on the Science Center’s Board of Directors since 2005.

“I am honored to serve as Chair of this committed board of leaders devoted to serving the region’s innovation community,” said DiPiano. “As a result of the dedication and hard work of the Board and the Science Center leadership, I am confident the Science Center is well positioned to continue to enhance its impact.”