Marcus Shaw Named Chief Executive of The Company Lab

Date Released: August 4, 2017

By D. Aileen Dodd

Alumnus Marcus Shaw ’00 has been named as the new chief executive of The Company Lab, a nonprofit consulting firm in Tennessee that accelerates the growth of tech startups.

Shaw was chosen for the position in a national search. CO.LAB officials said his success record in investment management, business consulting, and recruiting diversity in Fortune 500 companies made him a top contender for the chief executive role.

Shaw is the former senior director of business development and partnerships for Management Leadership for Tomorrow, a Washington D.C.-based nonprofit focused on increasing diversity in leadership pipelines for corporate institutions, nonprofit organizations, and government agencies. During his time at MLT, he developed an entrepreneurship program for women and minorities.

In addition, Shaw is also the founder of a consulting firm that advises startups and small to medium-sized businesses on market strategies, capital funding, and commercialization.

“Marcus has an extraordinary range of experience dealing with the issues that face entrepreneurs,” Rick Hitchcock, chair of the CO.LAB board of directors, said in a statement on The “The board is confident that, under Marcus’ leadership, CO.LAB will dramatically increase its capacity to help entrepreneurs imagine, build, and grow successful startup businesses.”

Over the next few months, Shaw will launch a strategic planning process to identify key priorities for CO.LAB and position the firm for growth in its efforts to bring jobs to Tennessee by supporting the launch of startups.

Shaw is scheduled to greet members of the Tennessee business community at a public reception that will be held at 5:30 p.m. on Aug. 3 on the fifth floor of the Edney Innovation Center in Chattanooga.

He relocated to Tennessee in 2016 with his wife and their two children. Shaw has bachelor’s degree in mathematics from Morehouse College; a bachelor’s degree in electrical engineering from Georgia Institute of Technology; and an MBA from Duke University’s Fuqua School of Business.


Last Modified: August 4, 2017, 10:08 AM, by: Synera Shelton

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