Sue Siegel: Innovation, Life Sciences, and Governance in a Changing World
Description
(0:00 ) Intro
(1:55 ) About the podcast sponsor: The American College of Governance Counsel
(2:42 ) Start of interview
(3:56 ) Sue's origin story
(5:42 ) The Rise of Biotech and her Career Journey (BioRad, Dupont, Amersham and Affymetrix)
(12:04 ) Transition to Venture Capital (Mohr Davidow Ventures, GE Ventures)
(14:55 ) Evolution of Corporate Venture Capital (since ~2010) "They [now] represent about 28% of all VC dollars going into startups."
(19:32 ) Her Board Membership Journey (since 2000, as a board member at Affymetrix where she was an executive)
(21:12 ) The Impact of AI on Governance
(21:53 ) Cultural Differences in Boardrooms between founders and investors: "if you do governance right, it should be an enabler, not a suffocator."
(29:24 ) Navigating Geopolitical Risks. Example: Align Technology: We moved about 90% of our Russia based developers to Armenia.
(33:01 ) Challenges in Life Sciences Funding
(34:52 ) The AI Investment Boom
(37:16 ) Activism's Influence on Corporate Boards. "They punish the lack of communication. They punish obscuring things." Reference to E189 with Joele Frank and Anne Chapman.
(42:36 ) The Evolution of Compensation Structures "I think one of the key topics around comp is aligning pay, performance, and purpose."
(45:34 ) Other relevant board topics: human capital, innovation, data and board culture.
(47:57 ) The Importance of Board Refreshment (digital and IA natives that can govern in the boardroom)
(49:12 ) Books that have greatly influenced her life:
- Passages by Gael Sheehy (1976)
- Mountains Beyond Mountains by Tracy Kidder (2003)
(52:00 ) "People that helped her along"
(54:23 ) An unusual habit or an absurd thing that she loves.
(54:59 ) The living person she most admires: Francis Collins.
(56:39 ) Quotes that she thinks of often or lives her life by.
Sue Siegel is a highly accomplished executive, investor, and board member who has been at the forefront of innovation across life sciences, healthcare, and technology for more than three decades.
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Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License























