Ex-Walgreens Chief Starts Venture to Commercialize New Technologies -<br />By MICHAEL J. de la MERCEDAPRIL 21, 2017<br />For 35 years, Gregory D. Wasson worked at Walgreens, eventually presiding over some of the drugstore chain’s biggest deals as its chief executive.<br />But Mr. Wasson said that Innventure’s management team had both the insight to identify commercially viable technologies furnished by Procter & Gamble —<br />and any future partners — as well as the know-how to create flourishing businesses.<br />Mr. Wasson’s family investment office and a team of entrepreneurs have a new project, Innventure,<br />which aims to develop businesses around new technologies lent by big corporations.<br />The venture already has one new business based on a Procter & Gamble technology: PureCycle Technologies,<br />which aims to reuse polypropylene plastic more efficiently than current approaches allow.
