![Susan Nestegard](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Susan Nestegard
Director/Board Member at
ALLETE, INC.
Profile
Susan K.
Nestegard currently works at ALLETE, Inc., as Lead Independent Director from 2018, True Wealth Venture Capital LLC, as Advisor from 2016, and BLUEWAVE Technologies, Inc., as Board Member from 2021.
Ms. Nestegard also formerly worked at Women Corporate Directors, as Chairman-Texas & Austin Regions, Hormel Foods Corp., as Independent Director from 2009 to 2024, 3M Co., as Business Director-Optical Components, Alcami Corp., Inc., as Director from 2014 to 2017, Alcami Carolinas Corp., as Director in 2014, American Capital Strategies, Ltd., as Director from 2013 to 2023, American Capital Ltd., as Director from 2013 to 2017, and Ecolab, Inc., as EVP & President-Global Healthcare Sector from 2010 to 2012.
Ms. Nestegard received her undergraduate degree in 1982 from the University of Wisconsin and graduate degree in 1991 from the University of Minnesota.
Susan Nestegard active positions
| Companies | Position | Start |
|---|---|---|
| ALLETE, INC. | Director/Board Member | 2018-01-15 |
True Wealth Venture Capital LLC
 True Wealth Venture Capital LLC Investment ManagersFinance True Wealth Ventures invests in women led startups located in the United States. The firm targets companies operating in the fields of environmental health and human health sectors. It provides financing for seed and early-stage transactions with an investment size of USD 1 million. It takes board seats and makes follow-on investments. | Consultant / Advisor | 2016-06-30 |
BLUEWAVE Technologies, Inc.
 BLUEWAVE Technologies, Inc. Medical SpecialtiesHealth Technology Manufactures orthotic and prosthetic devices | Director/Board Member | 2020-12-31 |
Former positions of Susan Nestegard
| Companies | Position | End |
|---|---|---|
| HORMEL FOODS CORPORATION | Director/Board Member | 2024-01-29 |
American Capital Strategies, Ltd.
 American Capital Strategies, Ltd. Investment ManagersFinance Provides asset management services | Director/Board Member | 2023-07-31 |
Alcami Corp., Inc.
 Alcami Corp., Inc. Pharmaceuticals: MajorHealth Technology Engages in pharmaceuticals and biotechnology products contract development, manufacturing, packaging and pharmaceutical support activities | Chief Executive Officer | 2016-12-31 |
| AMERICAN CAPITAL LTD. | Director/Board Member | 2016-12-31 |
Alcami Carolinas Corp.
 Alcami Carolinas Corp. Pharmaceuticals: MajorHealth Technology Provides pharmaceutical development services | Chief Executive Officer | 2014-07-31 |
Training of Susan Nestegard
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
96
1st degree connections
13
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 13 |
|---|---|
Ecolab, Inc.
 Ecolab, Inc. Chemicals: SpecialtyProcess Industries Develops and markets water treatment, cleaning & sanitizing products and provides laundry & pest control services | Process Industries |
Hormel Foods Corp.
 Hormel Foods Corp. Food: Meat/Fish/DairyConsumer Non-Durables Engages in the business of manufacturing and marketing of meat products and other prepared foods | Consumer Non-Durables |
3M Co.
 3M Co. Industrial ConglomeratesProducer Manufacturing Manufactures personal safety, industrial adhesives, automotive, aerospace and defense, data center & networks, electronics, and semiconductor & abrasives | Producer Manufacturing |
ALLETE, Inc.
 ALLETE, Inc. Electric UtilitiesUtilities Operates electric utilities and invests in energy-centric businesses | Utilities |
American Capital Ltd.
 American Capital Ltd. Investment Trusts/Mutual FundsMiscellaneous Operates as a private equity and asset management firm | Miscellaneous |
University of Wisconsin
 University of Wisconsin Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
University of Minnesota
 University of Minnesota Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Alcami Corp., Inc.
Alcami Corp., Inc. Pharmaceuticals: MajorHealth Technology Engages in pharmaceuticals and biotechnology products contract development, manufacturing, packaging and pharmaceutical support activities | Health Technology |
Women Corporate Directors
 Women Corporate Directors Miscellaneous Commercial ServicesCommercial Services Operates as a membership organization of women directors of public and large private companies | Commercial Services |
Alcami Carolinas Corp.
Alcami Carolinas Corp. Pharmaceuticals: MajorHealth Technology Provides pharmaceutical development services | Health Technology |
True Wealth Venture Capital LLC
True Wealth Venture Capital LLC Investment ManagersFinance True Wealth Ventures invests in women led startups located in the United States. The firm targets companies operating in the fields of environmental health and human health sectors. It provides financing for seed and early-stage transactions with an investment size of USD 1 million. It takes board seats and makes follow-on investments. | Finance |
BLUEWAVE Technologies, Inc.
BLUEWAVE Technologies, Inc. Medical SpecialtiesHealth Technology Manufactures orthotic and prosthetic devices | Health Technology |
American Capital Strategies, Ltd.
American Capital Strategies, Ltd. Investment ManagersFinance Provides asset management services | Finance |
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