Susan K. Nestegard is an experienced corporate director who brings strategic thinking, operational excellence, integrity, collaboration, and courage to the boardroom table. She serves on the boards of Hormel Foods, Inc. (NYSE:HRL), a global branded food company, and ALLETE. Inc. (NYSE:ALE), an energy company. From 2013-2017 she served on the board of American Capital, LTD., a publicly traded private equity and asset management company, supporting their sale to Ares Capital, and on the board of Alcami, a pharmaceutical contract development and manufacturing company.
Susan is a transformational leader with a track record of creating significant shareholder value through innovation, acquisitions, and strategic partnerships. At Ecolab, Inc. (NYSE:ECL) a global provider of water, hygiene and energy technologies and services, as Senior Vice President and Chief Technical Officer she transformed the global Research Development and Engineering organization to triple the innovation pipeline and double organic growth. As Executive Vice President and President Global Healthcare, she led the first globalization of a business sector, and with organic investments and acquisitions, she doubled the business sector in 4 years. At 3M Company, (NYSE:MMM) she started her engineering career focused on innovation and growth through new business development, with 26 patents in her name, and further contributed in technical and executive business leadership. In 2014, Susan served as interim Chief Executive Officer of Alcami, a portfolio company of American Capital.
Susan has a BS in Chemical Engineering from the University of Wisconsin, an MS in Materials Science Engineering from University of Minnesota, and completed executive education in Strategic Marketing at Harvard Business School and in Finance at Columbia University.
Throughout Susan’s career, she has been passionate about supporting women in reaching their full potential, particularly through STEM education and STEM careers. She was a founding chair of TECH, an outreach program at 3M that paired schools with female engineers and scientists. She served on the board of Women’s Foodservice Organization, an industry association dedicated to developing women as leaders. She was the inaugural executive sponsor for E3, Ecolab’s affinity group for women. She is the Austin Texas chapter chair for Women Corporate Directors, an organization that advocates for women on boards, and for each other in efforts to be visionary directors.