Terry Montgomery
Advisor

Mr. Montgomery joined JH Lillian with a career that has spanned operations, new technology development and general management, in the chemicals and information technology sectors. As CEO of Data Ventures LLC, a data mining company, now owned by Coca Cola Consolidated, Mr. Montgomery led that company through a six-year period of strong growth after establishing marketing, development and administrative structures. Infrastructure in place, Data Ventures grew from a loss-making, one-client technology into a profitable, multi-client data mining business.

Before DataVentures, Mr. Montgomery was President/CEO of Hoechst Research & Technology (HR&T), where he ran Hoechst’s (now Celanese) North American new business development unit, before which he was VP Business Development for Hoechst Celanese’ Advanced Technology Division. In those positions, he oversaw over 20 significant technology-to-new-business projects. In 1997, Hoechst’s restructuring into Aventis/Celanese prompted Mr. Montgomery to find alternatives to develop the rich array of IP-driven chemicals/advanced materials projects that no longer fit corporate strategy. The process of externalizing and realizing value from HR&T projects was his pioneering work, along with JH Lillian & Co, which led to the development of outventuring as a methodology.

Mr. Montgomery has run large-scale manufacturing operations, led startups, brought order to numerous emerging businesses, and reinvigorated established businesses in need of diversification or turnaround. He credits his success with having been able to inspire operating management to deliver growth, forming alliances with outside entities when logical, admiring technology without falling in love with it, and finally, to being unafraid to exit an investment whose prospects had irreversibly dimmed.

In 2006, Mr. Montgomery joined J.H. Lillian & Co. in New York as an advisor in connection with its US and European advisory projects. He. Montgomery has a BS in Industrial Engineering from Virginia Tech and an MBA from Winthrop University.

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