The first step in getting any venture ecosystem going is capital formation. With all the retired auto industry execs in the region, there should be no shortage of angel investors. But someone has to organize them and convince them that they are angel investors—and that investing in local innovation is a worthy expenditure of their … Continue reading “Cut the Belts and Look for Capital and Talent in Your Own Backyard”
Author: William G. Klehm III
Bill Klehm brings 25 years of automotive-related experience to San Diego's Fallbrook Technologies. He previously served as the president and general manager of Newgen Results, an automotive customer relationship management firm. During his three-year tenure at Newgen, Klehm increased annual revenue from $60 million to over $108 million and grew profits from $6 million to more than $15 million. Before Newgen, Klehm worked at Visteon Climate Control Systems, and was instrumental in developing and launching Visteon’s $1 billion aftermarket division. He began his career at the Ford Motor Co. in 1985. He holds a B.A. in Management and Marketing from Northwood University and participated in the executive development program at Harvard University.