Bruce Pasternack has joined CMEA Ventures as a venture partner, within the firm's energy & materials practice. He spent nearly 30 years as a senior vice president with Booz Allen Hamilton, including as managing partner of the firm's energy, chemicals and pharma groups. More recently, he was CEO of Special Olympics Inc.
CMEA Ventures announced today that Bruce Pasternack has joined the firm as a venture partner. Pasternack's addition is strategic for CMEA's Energy & Materials investment practice at a time when this sector is experiencing unprecedented growth in investment opportunities and start up investments can benefit from as much experience as possible to meet the market, business, and political pressures they face.
Pasternack brings to CMEA considerable credentials in the energy industry including substantial experience in the government sector as well as in chemicals, pharmaceuticals, and organization and strategic leadership. For almost 30 years, he was a senior vice president at Booz Allen Hamilton Inc., and served as managing partner of both the firm's energy, chemicals, and pharmaceuticals worldwide business and its organization and strategic leadership practice. He also was managing partner for the firm's northern
In government, Pasternack was the senior energy policy official in the Executive Branch while at the Federal Energy Administration (predecessor to DOE), and was principal staff to the White House Energy Resources Council. He also was on the staff at the President's Council on Environmental Quality in the Executive Office of the President.
“Bruce brings a unique combination of skills to CMEA,” said Tom Baruch, founder and managing director of the firm. “He has formed deep insights into the energy industry as it has been evolving over the years, including understanding of the important role of the government in the future of the industry.”
In regards to challenges being faced by venture-funded energy and materials start-ups, Baruch explained that the sector is undergoing widespread, rapid evolution that puts significant pressures on entrepreneurial management