WALTHAM, MA, Jan. 24, 2018 (GLOBE NEWSWIRE) --
National Grid plc has named Silicon Valley veteran Lisa Lambert to a new post as Senior Vice President and Chief Technology and Innovation Officer at National Grid Ventures. Ms. Lambert will lead innovation through venture and growth capital investing, internal and external innovation projects, such as technology scouting, incubations and accelerations, and technology commercialization. Ms. Lambert will build her Silicon Valley-based organization and connect National Grid plc to the technology, entrepreneurial and venture capital community to address key trends within the energy industry. “I’m excited to join National Grid Ventures during this important time for the energy industry,” said Lisa Lambert. “National Grid is already leading the way in building a clean energy future, and it’s just scratching the surface on what’s possible. I look forward to helping advance this ambition for its customers.”
Lisa Lambert brings to National Grid an impressive 25-year background in technology innovation, venture investing, and executive leadership, both in Fortune 500 and startup organizations. Ms. Lambert was previously with The Westly Group, a clean technology private venture capital firm based in Menlo Park, where she was Managing Partner and led investments in the internet of things, resource efficiency, and software technology companies. Prior to The Westly Group, she worked at Intel Corporation for 19 years and was Vice President and Managing Director of Intel Capital’s Software and Services Group and the Founder and Managing Director of the $125 million Intel Capital Diversity Fund. Ms. Lambert led global investments in over 100 companies over her career at Intel Capital and managed a large organization of senior investment professionals. Ms. Lambert produced top decile returns, including seven IPOs and over 35 M&A exits.
Ms. Lambert has sat on the board of directors of several portfolio companies including most recently Silkroad Technology, Brit+Co, and X+1 (acquired by Rocket Fuel). She is also on the board of directors for the National Venture Capital Association and is co-chair of the Venture Forward initiative. She began her career at Owens-Corning as a software engineer, and also worked in sales, strategy, and business development roles. Ms. Lambert earned an MBA from Harvard Business School and a BS in Management Information Systems from The Pennsylvania State University. Ms. Lambert is also Founder/CEO and Chair of UPWARD, a global network of executive women designed to accelerate career advancement.
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About National Grid plc
National Grid (LSE: NG; NYSE: NGG) is one of the world's largest utilities, focused on delivering energy safely, efficiently, reliably and responsibly. National Grid is an international electricity and gas company and one of the largest investor-owned energy companies in the world. We play a vital role in delivering gas and electricity to many millions of people across Great Britain and northeastern US in an efficient, reliable and safe manner.
National Grid Ventures is a separate unit within National Grid plc that operates a broad renewable energy portfolio across the US and UK—focused on accelerating the energy systems of tomorrow for customers. For more information, please visit nationalgrid.com/ventures.
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