ILC Dover announced that Corey Walker, an experienced executive in life sciences, advanced technologies and applied materials, will join ILC Dover as Chief Executive Officer effective November 15.
He succeeds Fran DiNuzzo, who focused the company, best known for its spacesuits, on technologies that serve pharmaceutical, medical and other businesses. ILC Dover also moved its headquarters from Frederica in Kent County to the University of Delaware STAR Campus.
Walker had previously worked closely with New Mountain Capital from 2016 to 2020 while he was a senior executive at Avantor, where he served as Executive Vice President of the Americas and the global Biomaterials and Electronic Materials businesses. Walker brings nearly two decades of experience in the growth of life sciences and advanced materials businesses.
Walker will lead a combined company of more than 1,900 employees with opportunities to serve a broad client base in the biopharmaceutical, pharmaceutical, and medical device end markets, a release stated.
“Corey has a proven track record of driving profitable revenue growth, and his operational and strategic experience in life sciences makes him the right next leader for ILC Dover,” said Andre Moura, managing director at New Mountain Capital. “We look forward to working with Corey again as we continue to develop, enhance and expand our industry-leading product portfolio to better serve our customers.”
“I am delighted to welcome Corey as ILC Dover’s next CEO. He is a seasoned executive, and his experience across several Fortune 500 companies makes him uniquely suited to lead the company,” said Bjorn Hofman, senior advisor at New Mountain Capital and Chairman of the ILC Dover Board of Directors. “Under the leadership of Fran DiNuzzo since 2014, ILC Dover has transformed into a world leader in the innovative design and production of engineered products and become a trusted partner to customers in the Biopharmaceutical, Pharmaceutical, Medical Device, Advanced Technologies and Space industries. On behalf of the company and Board of Directors, I would like to thank Fran for his outstanding contributions as CEO, and I look forward to continuing to work with Fran as he will remain on the board of directors.”
In addition to Avantor, Walker has held leadership roles at DCP Midstream, Halliburton Energy Services, Dow Chemical and Dell Technology. He holds a bachelor’s in marketing and business management from Brigham Young University and an MBA from Harvard Business School.