has quietly joined
Kim joined CMEA in 2007 from GE Commercial Finance, and was promoted in April 2008. He focused on energy technology companies, such as A123 Systems, the developer of rechargeable lithium-ion batteries, which is in registration for an IPO.
News of Kim’s transition was first reported last week by Private Equity Insider, and was confirmed by PE Week. Kim is not yet listed on the Khosla Ventures website, although he has been removed from the CMEA website.
Entrepreneur joins Obama administration
, an entrepreneur well-known to Valley VCs, was appointed by President Obama to the role of CTO of the U.S. Department of Health and Human Services.
The 36-year-old co-founded Athenahealth, a provider of online management services to physician’s office. The company, led by co-founder CEO Jonathan Bush—the first cousin of President George W. Bush—raised $49.6 million from Draper Fisher Jurvetson, Draper Richards, Oak Investment Partners and Venrock Associates, among others, before it went public in September 2007.
Park, who now needs to divest his stock position in the company, stands to make about $45 million off his shares’ sale, according to the Boston Business Journal, which reports that as of April 15, Park owned roughly 4% of the company’s stock.
Metamorphic adds Michel, boosts staff
has joined New York-based
Scott joins Lovell Minnick
Polaris grabs Spoon
Ryan Spoon has joined
DeNoma joins KKR
, former CEO of Standard Chartered Bank PLC’s Global Consumer Bank, has joined
Skyline promotes Reicin
Affinity adds Kwik