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CED to honor Hall-of-Famers Mitch Mumma, John McConnell

May, 16 2017, 12:29 PM

It's "CED Founders Day," which means there's a big party tonight in the Park where the Council for Entrepreneurial Development will be honoring its latest Hall of Fame inductees Mitch Mumma and John McConnell.

More than 300 people are expected to attend the event at The Frontier in RTP, starting at 5:30 p.m.

Also on hand will be new CED President and CEO Ravila Gupta.

Here are snapshots about the careers of Mumma and McConnell, as provided by the CED:.

Mitch joined Intersouth in 1989, shortly after its founding, and is responsible for the company’s technology portfolio. Mitch has extensive full-cycle venture investment experience and has personally led more than 20 investments for Intersouth. Currently, he serves on the board of directors of five private Intersouth portfolio companies.

Prior to joining Intersouth, Mitch served as CFO for a high-growth computer hardware and software company. Previously, he worked as a manager in the high growth business practice at Deloitte.

Mitch is a former Director and Chairman of the CED Board. He currently serves on the Board of Directors and Executive Committee of the North Carolina Technology Association (NCTA) and NC Idea Foundation. He is also a member of the Advisory Board of the Center for Entrepreneurship and Innovation at Duke’s Fuqua School of Business. In 2015, Gov. McCrory appointed Mitch to the North Carolina Board of Science, Technology and Innovation. Additionally, he has served as a mentor to the Kauffman Foundation’s Kauffman Venture Fellows Program.

Mitch is a frequent speaker on the topic of venture capital and an adjunct professor at the Kenan-Flagler Business School at UNC where he teaches two courses on venture capital. He received a B.A. in Management Science from Duke University.

In 1982, John McConnell co-founded Medic Computer Systems Inc., a Raleigh-based healthcare information management systems firm, where he served as Chief Executive Officer for 16 years. McConnell led Medic through its public offering in 1992, along with its sale five years later for $922.8 million – a record price for a Triangle company.

McConnell received the North Carolina High Technology Entrepreneur of the Year Award in 1994. Two years later, CEO Magazine named him one of the country’s Top 100 CEO’s. In December 1998, he became CEO and Chairman of A4 Health Systems, a Raleigh-based provider of Electronic Medical Record solutions that he sold in 2006 for $272 million.

Since 2003 he has served as CEO and Founder of McConnell Golf, LLC which owns eleven award-winning courses in the Carolinas and Tennessee. McConnell Golf is a privately held company offering unlimited access to world-class facilities and golf courses designed by legends Donald Ross, Pete Dye, Tom Fazio, Arnold Palmer, Greg Norman, and Hale Irwin.