Lu M. Córdova, is the President of the Techstars Foundation, a global nonprofit fostering diversity and inclusion in entrepreneurship. Since 2005, Córdova has also been the CEO of Corlund Industries, L.L.C., a diversified holding company which specializes in operations management, strategic planning, business development and capital finance. Corlund Industries also manages the Almacen Storage Group, which provides self-storage and small business warehousing in resort areas in Mexico. Córdova holds both US and Mexican citizenship, and as a five-time CEO/President, she brings thirty years of experience in navigating companies through start-up phase to maturity and international scope.
Córdova is also an advisor to the State of Wyoming, serving on their investment committee selection panel. Currently she is on the Board of Directors for the Kansas City Southern Railroad (KCS), which is the largest cross-border US-Mexican railroad, along with the Panama Canal Railroad. She is a member of Audit and Nominating/Governance committees and chairs the Finance Committee. She served with Euronet Worldwide (EEFT), an international payments company, on audit, governance, and compensation committees. Ms. Córdova recently retired from the 10th District Federal Reserve Bank where she was Chairman of the Board of Directors. She began on the bank’s Economic Advisory Council in 2002 before joining the Board in 2004. Her board strengths are in technology, cybersecurity, finance, international operations and succession planning.
Córdova retired in 2005 as president of CTEK Venture Centers, which won international recognition and awards as one of the most distinguished business catalysts in the country. Sister organization CTEK Angels, which Córdova founded and chaired, became the largest group of individual investors in the Rocky Mountain States. She recently was brought back to the CTEK Board of Directors to oversee its transition grant to the Techstars Foundation.
Córdova’s prior work was developing several companies, including Acteva (TixToGo), @Home Network, MMS International, The Center for Economic & Monetary Affairs (CEMA), and Accent Design. Córdova consulted with TixToGo as their Chief Development Officer before becoming CEO, renaming the company Acteva, and growing the e-commerce service for event planners at over 100% per quarter, from concept to revenue production and second-round financing before the company’s sale. As part of the @Home Network original team (later Excite@Home), Córdova co-founded their @Work Division which accounted for 45% of total sales their first year. Cordova then went on to create @Home's Online Services before becoming the principle architect of their business portal, Work.com, with strategic funding she raised from Excite, Dow Jones and AT&T.
Córdova spent ten years in the financial markets where she primarily worked in joint ventures, using emerging data networking technologies to discover and develop new products and new distribution methods. She was SVP at MMS International, a start-up she helped to grow in the real-time fixed income analysis area, which was sold to McGraw-Hill. She then became Vice President of Corporate Development with McGraw-Hill’s Standard & Poor's Corporation. She spearheaded Standard & Poor’s drive to deliver financial market analysis on the Internet and authored one of McGraw-Hill’s first studies on Worldwide Internet Security.
Previously, Ms. Córdova held the positions of Chief Executive Officer for the Institute for Economic & Monetary Affairs and Executive Editor of the Journal of Economic & Monetary Affairs, now called Geonomics. She has also worked at the Federal Reserve Board of Governors office while attending the University of California, Berkeley, conducting empirical research on foreign exchange rate expectations, and for the California State Attorney General.
Córdova was appointed and served for three terms on the Business Research Advisory Council of the U.S. Bureau of Labor Statistics. She has been a judge for Ernst & Young’s Entrepreneur of the Year, the Boulder County Business Report’s IQ Awards, and for the Colorado Software and Internet Association’s Apex Awards. Córdova has served on the Board of Directors for the National Association of Business Economists (NABE) where she chaired their Roundtable Committee, co-founded both Corporate Planning and Technology Roundtables, and was a member of their Economics Education Committee. Córdova also served on the Board of the Silicon Valley Roundtable where she was awarded "Silicon Valley Guru" status. She founded GenXangels in California and CTEK Angels in Colorado.
Córdova attended the University of California at Berkeley and received BS degrees in Political Science and Economics. While at Berkeley, she was advanced to doctoral candidacy in the Ph.D. program in economics (all but dissertation), was awarded Rockefeller and AEA scholarships, became President of Students for the Arts, was elected as a lifetime Fellow of the Order of the Golden Bear, and served as Chairman of the Graduate Economics Association, which she re-engineered into a profit center.
Córdova has led several workshops and is a frequent speaker on business management, marketing communications, emerging technology, private equity investing, and entrepreneurial ventures. She has been an expert witness on matters of business development, entrepreneurship and capital finance.