Rich Lunak

President and CEO

As President & CEO of Innovation Works, the nation’s third most active early-stage investor according to Entrepreneur Magazine, Rich Lunak leads the organization’s efforts to provide business expertise, seed capital and other resources to high-potential, technology start-up companies in Pittsburgh.

Prior to joining Innovation Works in 2005, Rich was a successful technology entrepreneur.  He helped lead Automated Healthcare from a three-person start-up to a $65 million acquisition by McKesson Corporation, the nation’s 16th largest company.  Rich became Group President, McKesson Automation, where he led five autonomous business units that served more than 13,000 customers, generated several hundred million dollars in revenues and managed more than 1,800 employees with operations in 4 states.  He was responsible for acquiring new technologies and the design, development and rollout of numerous robotic, automated, and software products that are installed in leading healthcare providers across the country and around the world. 

A technologist as well as an entrepreneur, Rich Lunak received a Bachelor’s Degree in Electrical and Computer Engineering from Carnegie Mellon, a Master’s Degree in Business Administration from the University of Pittsburgh, and holds several U.S. patents.  He is a guest lecturer at the University of Pittsburgh and Carnegie Mellon and is a member of numerous Boards of Directors.  For several years, Rich served as an officer of the Pittsburgh Venture Capital Association.  He is the winner of the 2008 Carnegie Science Center entrepreneur's award.