TBEIC hires Stockburger as new chief operating officer

WARREN — The Tech Belt Energy Innovation Center Board of Directors has expanded its leadership team by hiring a new chief operating officer.

Rick Stockburger has been named to the newly created position that makes him the first full-time executive for TBEIC.

Stockburger also will serve as a vice president for the downtown Warren incubator.

A Mahoning Valley native, Stockburger is responsible for TBEIC’s day-to-day operations including program development, entrepreneurial support, planning and execution.

He graduated from Kent State University, where he majored in political science.

Stockburger also served seven years in the U.S. Army as an infantryman and received multiple awards for his service in combat operations as a leader in Kosovo and Afghanistan.

Since 2010, he has worked with several economic development organizations in northeast Ohio.

John Pogue, TBEIC president / board chairman, stated in a news release that Stockburger has “the drive and experience needed for TBEIC’s next phase of development.”

Stockburger joins Dave Nestic and Chris Mather, former chief executives; Ernie Knight, executive-in-residence; Ted Theofrastous, chief innovation officer; and Rose Shaffer Saborse, general counsel and business development and marketing manager.

“I am unbelievably excited to be joining the team at TBEIC as well as the opportunity to work in beautiful downtown Warren. The energy is palpable in the Valley, both as an industry as well as in the people that are working day in and day out to improve their communities. I am humbled and honored to have the opportunity to be a part of the future of TBEIC and this community,” Stockburger stated.

Nestic is moving to program adviser and executive-in-residence working with Theofrastous on the development of TBEIC’s Shared Resource Center and Energy Integration Lab.

Mather will be the lead executive-in-residence for regional entrepreneurial support while Knight continues as executive-in-residence and fund manager for valley growth ventures.

TBEIC, which has 11 tenants and 80 portfolio companies, is a federally funded energy business incubator and shared resource technology center aimed at growing energy and allied technology business opportunities.

TBEIC recently secured funding from the Ohio Department of Higher Education and the Appalachian Regional Commission to develop the Shared Resource Center with a lab for companies to research, test and certify products.

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