Karl P. Ronn
Managing Director – Innovation Portfolio Partners
Karl Ronn is founder and CEO of First Mile Care, a Silicon Valley-based preventative chronic care company developing affordable, scalable, and sustainable solutions to reverse health conditions associated with obesity and diabetes. First Mile Care was spun out of Health 2047, the Silicon Valley venture studio started by the American Medical Association to help transform health care. Karl works with entrepreneurs and advises Health 2047 on venture investments and sits on the boards of multiple startups.
He is also an active advisor to CEOs and top management at Fortune 500 companies where he helps Fortune 500 companies create their own billion-dollar growth engines.
During his 30-year tenure in management at consumer powerhouse Procter & Gamble, Karl was Vice President of R&D and General Manager of New Business/Healthcare. In that position, he oversaw global R&D for pharmaceuticals and over-the-counter health care and was responsible for developing the company’s capability to create disruptive innovations. Karl created entirely new brands that are globally revered, including Swiffer, Febreze, and Mr. Clean Magic Eraser. As a result of his strategic insights and understanding of consumer behavior, the new categories rapidly grew to $1 billion in annual sales.
His book on turning disruption into business through partnerships, “The Reciprocity Advantage,” has received accolades from CEOs and academics alike.
Karl is married to Elizabeth Ronn, a retired P&G marketing vice-president. They have two children and reside in Palo Alto, California.