Birmingham’s Southern Research CEO Steps Down After Four Years of Impact
In a surprising announcement this week, Birmingham is buzzing with the news that Josh Carpenter, the president and CEO of Southern Research, is stepping down from his post after nearly four years. Taking charge in May 2021, Carpenter found himself at the forefront of a period filled with potential and promise for the nonprofit organization, especially in shaping the future of Birmingham’s economy and innovation scene.
His tenure comes to a close on December 5, and although he hasn’t revealed his next move, Carpenter has expressed his pride in the progress of Southern Research during his leadership. “When I took this role, I was intrigued by the opportunity to really reshape our region’s economy,” he said, reflecting on his time leading the organization. It’s no wonder that Carpenter, a recognized name who has graced the BBJ’s Power 60 and 40 Under 40 lists, felt this way!
New Leadership Ahead
As Carpenter makes his exit, the organization is looking forward. Coleman Loper is set to expand his role, stepping in as Southern Research’s interim CEO. He’ll be collaborating closely with Chief Operating Officer Harry Ledebur and Chief Medical Officer Khalilah Brown, ensuring that the momentum keeps rolling even with a change in leadership. This transition appears to be a natural fit, considering the strong leadership already in place.
During Carpenter’s time at Southern Research, the organization has reached significant milestones. A standout achievement was the launch of a $20 million campus project, aimed at enhancing the facility and positioning it as a Regional Technology and Innovation Hub (Tech Hub) by October 2023. This title is critical for Birmingham’s future, promising to draw in innovation and talent to the city.
Community Impact and Innovation Initiatives
In addition to the major developmental projects, Carpenter spearheaded initiatives targeting community health. Earlier this fall, Southern Research kicked off the Catalyst program, designed specifically to provide rural Alabama communities with innovative health care solutions. This initiative offers free genetic testing and clinical insights to patients, significantly improving access to vital health information.
Moreover, this year alone, Southern Research has allocated over $2.7 million in funding to eight biotech firms across Alabama. This funding initiative is expected to create more than 24 new jobs and even lure two out-of-state companies into Alabama’s vibrant workforce. It’s a win-win for the local economy!
Supporting Biotech Growth
Another feather in Carpenter’s cap is the grand opening of the Station 41 biotech incubator, which took place earlier this year. This facility is one of the cornerstones of the newly established Station 41 biotech commercialization hub. The incubator provides essential resources like wet lab space, shared lab equipment, and office amenities, fostering the growth of biotech startups in the region. It’s a critical space designed to encourage innovation and collaboration among budding entrepreneurs.
As Carpenter wraps up his journey with Southern Research, he leaves behind a legacy of dynamic growth and community engagement that will undoubtedly resonate for years to come. The future of Birmingham’s innovation ecosystem seems bright, with capable leaders ready to take the reins and continue the good work. As the city eagerly awaits the next chapter, many are wondering what adventures lie ahead for Carpenter. Onwards and upwards!
