Catherine Warren ousted from Edmonton Unlimited
The board of Edmonton's innovation agency has decided to part ways with its founding CEO three years into her term.
Edmonton Unlimited said Catherine Warren is no longer with the organization as of Jan. 22. She will be replaced by Launa Aspeslet, who will serve as interim CEO. Aspeslet, an executive with Hepion Pharmaceuticals, has been a director on Edmonton Unlimited's board but will pause in that role until a permanent CEO is found.
Edmonton Unlimited board chair Lindsay Dodd, who is also CEO of Cashco Financial, told Taproot the organization's board was re-constituted in the spring of 2023, with seven of its nine members coming in fresh. It decided Edmonton Unlimited needed someone new at the helm.
"The board came to the conclusion that we wanted a new set of leadership skills and experience to take Edmonton Unlimited to the next level of growth and success in the community," Dodd said. "Catherine did absolutely nothing wrong."
Dodd said Warren built Edmonton Unlimited "from nothing" by integrating the remnants of Startup Edmonton and several other organizations into a new entity. She oversaw the creation of the agency's headquarters, which opened at Jasper Avenue and 101 Street in May 2023, and she worked to attract $50 million in program funding, he added.
Dodd also said Edmonton Unlimited is healthy and has found its place in Edmonton. "Catherine's made great connections at all three levels of government," Dodd said. "Now's the time to build onto that foundation. How do we get Edmonton innovators onto the world stage and being successful in growing companies here?"