Stephen S. Tang, Ph.D., MBA, president and CEO of the University City Science Center in Philadelphia, has been elected to the Team Pennsylvania Foundation Board of Directors.
Established in 1963, the Science Center is the oldest and largest urban research park in the United States. Graduate organizations and current residents of the Science Center’s Port business incubators have created more than 15,000 jobs that remain in the Greater Philadelphia region today and contribute more than $9 billion to the regional economy annually. Dr. Tang is the first president in the Science Center’s 49-year history to have not only led a company through venture funding and an initial public offering, but to also serve as a senior executive with a large life sciences company as it acquired and integrated smaller start-ups.
Team Pennsylvania Foundation is a non-partisan charitable non-profit created in 1997 to bridge the gap between government and the private sector and allow both sides to partner for the betterment of the Commonwealth of Pennsylvania. Team PA is the only statewide private/public organization where the Governor serves as co-chair of the board of directors and has representation from the four legislative caucuses.
Led by a public/private board co-chaired by the Governor and John D. Moran Jr. of Moran Industries, Team PA helps state officials overcome the barriers to effective governance and positive change. The Foundation facilitates good government by providing strategic consultation, financial support, and access to an independent private sector sounding board to vet and validate ideas that build a better Pennsylvania.
“I am honored to serve on Team PA’s board. This model for public-private partnerships aligns well with the outlook and mission of the Science Center as we work to support Pennsylvania’s innovation economy,” Tang says.