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Our Team

Stephen T. RapundaloStephen T. Rapundalo, PhD

President & CEO



Dr. Rapundalo, has broad experience in the life sciences, with an extensive background in pharmaceutical research and development. Prior to joining MichBio in April 2006, he spent almost 20 years as a senior research scientist, project manager, and group leader with Parke-Davis Pharmaceutical Research and then Pfizer, Inc., primarily in the area of cardiovascular drug discovery. 


Dr. Rapundalo also led a global interdisciplinary team that developed a strategic, operational and organizational change management program to improve Pfizer's worldwide R&D business processes. He has a strong background in innovation and is an internationally recognized expert in a number of technology areas including high-throughput screening and proteomics, among others. 


Dr. Rapundalo has a superb record of scientific achievement with over 50 publications, book chapters, and monographs. He has served as a peer-reviewer for a variety of prominent scientific journals and national funding agencies. In addition, he continues to be active in a broad range of industry and governmental initiatives including intellectual property commercialization, talent recruitment and retention, science education and economic development. 


Dr. Rapundalo has been a community advocate and civic leader for almost 20 years and formerly served as an elected member of the City Council in Ann Arbor, Michigan.



Elizabeth Morgan Foster

Manager, Membership & Operation



Elizabeth studied Cultural Anthropology at the University of Oregon, in Eugene, OR and proceeded to work for various museums around the Oregon Willamette Valley. Passionate about non-profit management, she moved to Portland, OR to attend Portland State University where she received a Master of Public Administration, Nonprofit Management and Human Resources. After her Master’s program, Elizabeth moved to Colorado with her husband Christopher for a few years before moving to Monclova, OH. Elizabeth comes to MichBio after most recently working for the American Water Works Association as a Senior Coordinator & Volunteer Advisor. Elizabeth is from El Segundo, CA and no, she’s never left her wallet there.



Nancy K. Marcotte

Manager, Finance



Nancy has more than 25 years of experience in leading local businesses with their accounting and operations functions. She has experience in retail, scientific, and publishing businesses with a focus on economy and efficiency. Nancy has created success for various Michigan small businesses during critical times, bringing two companies back from near bankruptcy.


A fitness enthusiast, she is an active participant in Michigan’s running and cycling communities.

Creating Value
by delivering business-critical resources & bottom line savings
Building Networks
by connecting Michigan's bio-industry one member at a time
Growing Talent
by creating opportunities that develop people & build organizations
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