Uponor creates New Venture Development business function
Led by Vice President Doug Fulton, this new function will seek growth opportunities through corporate acquisitions and joint ventures, as well as internal product development.
To further enhance Uponor North America’s ability to deliver innovative plumbing and heating solutions to its customers, the company has announced the creation of a new business function. This new business function will be led by Vice President Doug Fulton and called New Venture Development.
Reporting directly to President Bill Gray, Fulton will lead the exploration, incubation and integration of new products into Uponor’s existing business offerings, while also forging external partnerships. The overarching goal is to expand the company’s growth opportunities in ways that align with Uponor’s business strategy and customer insights.
Fulton’s responsibilities will encompass numerous areas related to corporate growth and expansion, including Uponor Innovation LLC. As part of his business-incubation work, Fulton will oversee the company’s recently announced partnership with Reno, Nevada-based Pestan North America (PNA).
“With the creation of our New Venture Development function, Uponor is doubling down on innovation,” says Gray. “We are emphasizing more than ever our commitment to providing innovative plumbing, heating and fire safety solutions to our customers.”
“With the creation of our New Venture Development function, Uponor is doubling down on innovation.”
Uponor Vice President Doug Fulton