October 3, 2017 – Zurich-based executive search firm Momenta Partners has announced that Danny Yu has been named partner, Silicon Valley and Western U.S. He will lead Momenta’s expansion into Silicon Valley and the Western U.S. and focus on executive search assignments for clients in the area. The firm also has locations in New York, Boston, Washington, D.C., Miami, Atlanta and San Francisco.
Mr. Yu brings connected industry experience as a pioneering entrepreneur, global corporate executive, and senior venture capitalist with 25 years of experience in business creation, revenue growth and shareholder value creation, said the firm. Most recently, he was president and CEO of Daintree Networks (now GE), a connected industry leader in smart-building control, sensing, and enterprise IoT application software. Earlier, he was a vice president of strategic marketing, business development and sales at Philips Lumileds; managing director at VantagePoint Venture Partners; and partner at DynaFund Ventures. Mr. Yu is passionate about creating high-value solutions and building businesses that achieve mass scale, Momenta Partners said.
“Momenta Partners are deep practitioners in the Industrial Internet of Things (IoT), using our industry insights to help our clients secure key leadership, buy and sell strategic assets and make sustaining investments in the connected industry,” said managing director Ken Forster. “Danny Yu has been at the forefront of the IoT and brings deep bench-strength across all our practice areas.”
Mr. Yu said he was excited about his new role. “Joining Momenta Partners provides me a great opportunity to address the burgeoning need for high value-add services for the Industrial Internet of Things across essential vertical markets,” he said. “I am pleased to be part of the team of deep practitioners and seasoned advisors delivering this breadth of capability to clients and the broader industry.”
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Jonathan Moulton, managing partner, executive search, said the addition of Mr. Yu strengthens an already strong firm. “Momenta Partners executive search practice has experienced year-over-year growth and we are thrilled to have Danny join us at this exciting time,” he said “Our clients include some of Silicon Valley’s most innovative start-ups to Fortune 1000’s and Danny’s track record and deep domain experience will add significant value, helping them increase their competitive positioning through exceptional connected industry and IoT leadership”.
Momenta provides executive search services to the connected and digital transformation industries. It serves a wide range of clients, ranging from Fortune 500 leaders to venture-backed innovators. The firm has completed board, CEO, EVP, SVP, VP and director searches across all functions, within major vertical markets, and on every continent. Its clients include Schneider Electric, Accenture, SIGFOX, Savi Technology, MiX Telematics and Eurotech Inc., among others.
Momenta Partners recently expanded with the addition of three new recruiters. Emma Valdivia, who joined the firm as a partner, has more than 12 years of experience leading high profile client searches across the industrial and technology markets. She previously served as a principal consultant and partner at DHR International.
Brent Lorenz now lead the firm’s transaction advisory practice, focusing on sell side and buy side M&A for companies in the industrial IoT and connected industry. His transaction experience is enhanced by technology experience that reaches across IoT, industrial automation, wireless communications, and cloud software and services. Previously, Mr. Lorenz was co-leader of the technology practice at investment banking firm the McLean Group.
Luca Mazzei, who has extensive experience in launching connected business models and services in industrial organizations, joined the firm’s advisory practice as a partner. Mr. Mazzei’s expertise in strategic marketing spans both industrial and IoT settings. Most recently, as chief growth officer at John Crane, he led the marketing organization’s transition from one focused on products and technology to a strategic entity.
“Momenta’s search practice is focused on recruiting exceptional executive talent, who can drive innovation and growth in connected industry and digital transformation,” said Mr. Moulton.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media