BRUNSWICK

The Maine Technology Institute recently announced that new members have been added to its board of directors. The new directors — Richard Ganong, Stacey Huth and Meredith Mendelson — bring vast experience in finance, biotechnology and aquaculture and marine-related issues.

“We are absolutely thrilled that individuals of the caliber of Rick, Stacey and Meredith are willing and able to serve on the MTI board,” said Brian Whitney, MTI’s president. “Their background and knowledge will add a great deal of value to board deliberations and will help position the organization for continued relevance and impact.”

The MTI board of directors consists of 13 voting members and two non-voting members. The governor appoints 10 directors, eight representing Maine’s targeted technology sectors and two of whom have demonstrated finance, lending or venture capital experience. The commissioner of the Maine Department of Economic and Community Development, the chancellor of the University of Maine System, the president of the Maine Community College System and the director of the Office of Policy and Management, or their designees, are ex-officio members. The MTI president is a non-voting director. The 10 members appointed by the governor serve three-year terms and may be reappointed to a second three-year term.

Ganong, of Brunswick, has more than 25 years of experience in the financial services industry with a focus on venture capital and hedge fund investing. He was a partner at the Tudor Investment Corporation, an internationally recognized diversified investment management firm, and was a founding general partner of the Tudor Venture Group, which managed a series of funds providing growth capital to private companies in various information technology industries.

Most recently, Ganong was the senior vice president of development and alumni relations at Bowdoin College. His education background includes an MBA from the Tuck School at Dartmouth and a BA from Bowdoin College. He will assume one of the two finance, lending and venture capital seats on the MTI board.

Huth, of Yarmouth, is the director of molecular program management at EnviroLogix, Inc., a subsidiary of Ensign-Bickford Industries. EnviroLogix is a Mainebased biotechnology company developing rapid GMO and mycotoxin detection technology.

Huth has extensive experience in bringing diagnostic products and systems to market. Prior to joining EnviroLogix, she served for 20 years at IDEXX Laboratories in research and development as both technical and team leader. She is also the sole proprietor of Good Science Bakery, a home-based entrepreneurial adventure providing baklava to local bakeries for resale.

Her educational background includes a BS in chemistry from Simmons College and a Ph.D. in organic chemistry from the University of Maine at Orono. She will represent the biotechnology sector on MTI’s board.

Mendelson, of Camden, serves as deputy commissioner for the Maine Department of Marine Resources, a position she has held since May 2012. The agency has a broad mission that includes conservation of marine and estuarine resources, conducting research, and promotion and development of coastal fisheries and aquaculture.

In prior work, Mendelson staffed Sen. Olympia Snowe on the U.S. Senate Commerce Committee’s Subcommittee on Oceans, Atmosphere, Fisheries and Coast Guard, managed a groundfish sector, and worked for the community program at the Gulf of Maine Research Institute.

She is a graduate of Bates College and the University of Maine School of Law. She will represent the aquaculture and marine technology sector on the MTI board.

“Mr. Ganong, Ms. Huth and Ms. Mendelson replace three MTI board members — Steve Smith, Chris Davis and Linda Diou — who served MTI with great distinction and dedication for a full two terms,” said Whitney. “Each performed a fundamental and valuable role at MTI and had a meaningful impact on Maine’s innovation ecosystem. MTI commends them for giving so generously of their time and expertise and for their many years of dedicated and beneficial service to the state of Maine and we welcome, with great anticipation, new members Rick Ganong, Stacey Huth and Meredith Mendelson to the MTI board of directors.”