In Transition SBA

(Lawrence Jackson - AP)
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Saturday, December 20, 2008

Karen Gordon Mills

Current Job: Mills is president of MMP Group, a private equity investor and adviser in Brunswick, Maine. She also chairs Maine's Council on Competitiveness and the Economy and serves as a director of Scotts Miracle-Gro and Arrow Electronics, a semiconductor distributor.

Credentials: Mills, 55, was a founder and managing director of Solera Capital, a private equity firm based in New York. She was also chief operating officer of E.S. Jacobs, a private investment firm. The Harvard Business School graduate is a close economic adviser to Maine Gov. John E. Baldacci (D) and worked on President-elect Barack Obama's transition team.

What she offers: A quarter-century's experience in the private equity and venture capital arena. She also has experience working with state government on business development.

Quote: "Building and growing a small business is a defining tradition in America. Many of us are the children of immigrants, men and women who are able to start and grow their own businesses. This is a legacy I'm proud to be a part of and to promote for our future," she said yesterday at the news conference announcing her selection.

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