David Broecker to Step Aside as IBRI CEO

Posted: Updated:
David Broecker (left) will be succeeded as CEO by Rainer Fischer (pictured right) in October. David Broecker (left) will be succeeded as CEO by Rainer Fischer (pictured right) in October.
INDIANAPOLIS -

The Indiana Biosciences Research Institute in Indianapolis has named its next chief executive officer. Rainer Fischer will continue to serve as chief scientific and innovation officer and succeed David Broecker as CEO October 1. Broecker, the IBRI's founding CEO, will stay on as an advisor to the institute. Fischer came to the IBRI last year and in a Perspectives piece for Inside INdiana Business last October, Broecker praised Fischer as a "superstar scientist."

In an interview with Inside INdiana Business when he was hired, Fischer said the IBRI demonstrated it is open to working "across borders" in various fields including pharmaceuticals, agriculture, medtech and information technology.

Fischer came to the IBRI from the Fraunhofer Institute for Molecular Biology and Applied Ecology in Germany. He helped expand employment at the institute from 40 to 680 and led a team that raised nearly one billion Euro in outside research funding. His experience also includes co-founding five startups in the biotech space. Fischer has published over 500 scientific papers, holds 40 patents and has 64 patents pending.

During Broecker's time at the IBRI, more than $120 million in funding has been raised and partnerships with the likes of Dow AgroSciences, Eli Lily and Co., Roche Diagnostics and the Indiana Clinical and Translational Science Institute have been secured. He says "the IBRI has been an amazing journey for me and I have been able to accomplish all the early goals I set out to achieve with the launch of the Institute. Indiana has one of the most unique life sciences communities and I am proud of the early successes we have created. The depth, breadth, and incredible collaboration that we have seen across all of Indiana's stakeholders - industry, research universities, government, and philanthropic organizations - has been amazing. With Rainer now on board, it is time to pass the baton so he can take the IBRI to the next level of success."

IBRI Board Chairman Dan Evans says "David's start-up and entrepreneurial expertise was critical to the successful launch of the IBRI, setting the stage for the next phase of the IBRI's evolution and advancement of our scientific capabilities. Late last year David led us to hiring Rainer Fischer who is now ready to assume the leadership reins. Rainer's unique experience in developing and leading one of the world's premiere research organizations positions him perfectly to lead the IBRI. David's continued involvement as an advisor will maintain our momentum going forward."

You can connect to more about Fischer's promotion by clicking here.

  • Perspectives

    • Can You Fulfill Your Quest?

      All of us have dragons to slay. At work or at home, in personal or professional relationships, each of us is on a Quest to find the treasure or save the prince/princess. Or perhaps, our goal is more prosaic: getting that promotion, standing up to that bully, or finishing that big project. In his book The Seven Basic Plots, Christopher Booker lists seven story forms which story tellers employ over and over. Each is plot is linked to a fundamental metaphysical Question that we...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • High Schools Launch Manufacturing Businesses

      Two student-run manufacturing businesses have launched in southern Indiana. The companies, Eagle Manufacturing at Brown County High School in Nashville and Lion Manufacturing at Loogootee High School in Martin County, are designed to give students hands-on, real world experience. The businesses were funded with grants from Bloomington-based nonprofit Regional Opportunity Initiatives Inc. In an interview with Inside INdiana Business, ROI Chief Executive Officer...

    • Project to Transform Historic Madison Mill

      A collaboration has been formed to rehabilitate the historic Eagle Cotton Mill along the Ohio river in downtown Madison. Riverton LLC has joined forces with the city of Madison and the Indiana Economic Development Corporation to transform the vacant site into a boutique hotel and conference center. The three-story, 104,000 square foot building was built in 1884 and used to make twine and fabric before closing in 1937. The building was bought by Madison-based Meese Inc. but...

    • Hogsett Details Infrastructure Plan

      Indianapolis Mayor Joe Hogsett and the city's Department of Public Works have unveiled a $126 million plan for infrastructure improvements throughout the city. The mayor says the effort will focus on resurfacing roads, rehabilitating bridges and increasing pedestrian safety.

    • Buttigieg Launches Presidential Exploratory Committee

      South Bend Mayor Pete Buttigieg has announced he has launched a presidential exploratory committee. The Democrat, who is in his eighth and final year as mayor, served as a lieutenant in the U.S. Navy Reserve and ran in 2017 for Democratic National Committee chair. Buttigieg was elected mayor in 2011 and re-elected in 2015. In December, he announced he would not seek a third term. At the time, he would not comment on a possible presidential bid, but said he would continue working...
    • Can You Fulfill Your Quest?

      All of us have dragons to slay. At work or at home, in personal or professional relationships, each of us is on a Quest to find the treasure or save the prince/princess. Or perhaps, our goal is more prosaic: getting that promotion, standing up to that bully, or finishing that big project. In his book The Seven Basic Plots, Christopher Booker lists seven story forms which story tellers employ over and over. Each is plot is linked to a fundamental metaphysical Question that we...