Dick Foster is a venture investor, Board member of important healthcare industry companies and vital not-for-profit organizations, and celebrated business author.
Dick’s career is founded on a passion for science and innovation and spans over forty years. After becoming Yale University’s first PhD in engineering, he joined McKinsey & Company in 1973, was elected Partner in 1978 and Senior Partner/Director in 1982. Dick founded several practices within the firm, including its healthcare, private equity, and technology and innovation practices. He was the originator of McKinsey’s worldwide knowledge development structure, responsible for codifying, maintaining, and distributing the firm’s intellectual property. Dick retains the title of Director Emeritus and remains active with the firm’s leaders.
Dick has extensive experience and influence in the healthcare industry. He is currently the Chairman of Ancera Diagnostics and Higi Health Data; a Board member of ZocDoc, DrFirst, Advantia Health, and LeanTaas. He is a former Board member of Athenahealth. Dick is currently the Chairman of the Medical Research Committee of the W.M. Keck Foundation and Board member of Memorial Sloan Kettering Cancer Center where he is focused on digital healthcare technology.
Dick’s experience extends to his passion for science and innovation. He is a former Board member of the Santa Fe Institute for the study of complex, adaptive systems and Oak Ridge National Laboratories. He is currently a Board member of SQream Computers, a provider of high-performance databases for supercomputing applications. He is the Chair of the President’s Circle of the National Academies of Science, Engineering, and Medicine where he is also a member of the Policy and Global Affairs Committee.
Dick’s experience as an investor includes his tenure as an Advisory Board member for Point72 Asset Management. He is also a Venture Partner of Lux Capital.
Dick has written two best-selling books: Innovation: The Attacker’s Advantage (1986) and Creative Destruction (2001).
Dick received his BS, MS, and PhD from Yale University in Engineering and Applied Science. He was elected a fellow of the American Academy of Arts & Sciences in 2008.