Board of Managers

Diane M. Hendricks

Diane M. Hendricks has served on NorthStar’s Board of Managers since 2010 and was appointed Chairperson in 2018.  Diane is also the Chairperson and sole shareholder of ABC Supply Co. Inc.  ABC Supply is the largest wholesale distributor of exterior building products in the United States with more than 700 locations nationwide, 14,000 associates, and projected sales for 2018 of $10 billion.  Diane and her late husband, Kenneth Hendricks, founded ABC Supply in 1982.

Through the ownership of Hendricks Commercial Properties, Diane is the owner of a large national portfolio of industrial and commercial real estate.  Diane is also Chairperson of Hendricks Holding Company, Inc. (“HHC”), a holding company that includes a diverse portfolio of companies in manufacturing, service and distribution industries, including NorthStar Medical Technologies LLC (“NorthStar”).  HHC is currently the majority shareholder in NorthStar.

Jon Coulter

Jon Coulter is Managing Director at Hendricks Holding Company, Inc. (“HHC”) and is responsible for the oversight of eight HHC portfolio companies, including NorthStar Medical Technologies LLC.  Jon has served on NorthStar’s Board of Managers since 2010.  Before joining HHC, Jon was employed by Baird Capital Partners, the private equity arm of Robert W. Baird & Co. Incorporated (“Baird”).  Prior to Baird Capital Partners, Jon worked as an investment banker at Baird and at Cleary Gull, Inc.

Jon served twelve years in the U.S. Air Force as an Operations Staff Officer and Instructor Pilot, and is a veteran of Operation Desert Storm.  He earned a Bachelor of Science from Purdue University and an M.B.A. from the University of Wisconsin – Madison.

Randy McIntyre

Randy has served as a Board Member of NorthStar since 2012.  He led an investment group that supported NorthStar’s early development and has continued to invest in the growth of NorthStar’s industry leading technology.  Randy is a food industry veteran with two decades of senior executive leadership at Kerry plc, where he gained extensive experience of compliance with FDA regulations.  In retirement he continues to be active in the food industry through consulting and Board roles, which has enabled him to keep current of industry dynamics and FDA policy.  He has been a leader and active member of Stateline Angels, who have invested over $10M in 20 companies during the last decade.

Stephen Merrick

Steve, recently appointed as President and Chief Executive Officer, has 24 years of experience in the Biotechnology/Pharmaceutical/Life Sciences industries where he has held multiple executive positions with leading global companies, including leadership of Nuclear Medicine businesses.  He has extensive general management and corporate officer experience, as well as a proven track record of integrating science, engineering and commercial activities to drive complex projects to successful completion.  Steve also served in the Royal Navy as a Nuclear Submarine Officer, where he specialized in Navigation and Operations.

Steve received a BSc (Honors) in Engineering Science from the University of Exeter and an MBA from the London Business School, both in the United Kingdom.  He also completed the Nuclear General Course at the Royal Naval Staff College, Greenwich in the United Kingdom.


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