Rich Diemer is a Managing Director at Cavalier Angels based in Charlottesville, Virginia, United States, North America. Rich, after spending 4 years running the back office and arranging investments of not-for-profit CavAngels and learning the intricacies of evaluating early stage investments from his experienced Co-Founders Dick Crawford and Jim Cheng as well as countless others in the UVA Entrepreneurial Ecosystem, decided to step-up to full time “founder” status and declare “we are no longer nascent”! He and countless others have worked tirelessly to ensure that the impact of the COVID 19 pandemic was converted into a tailwind for CAV. As a result, 2020 was not just a record but a breakout year for the group. It more than doubled it membership at all levels and funded 14 investments totaling $3.6MM (more than 2x the cumulative activity in the prior 3 years). See www.CavAngels.com for more details on CAV’s success). In his corporate career Rich was a respected chemicals industry senior finance executive with a proven track record of working within leadership teams that created significant shareholder value. He served as the CFO at two public (Albemarle and PolyOne Corporation) and one sponsor-owned (Trinseo LLC f/k/a Styron LLC) global materials companies. During his tenure, Rich has played a key role in creating over $7bn of shareholder value. He is a former audit/SEC partner at KPMG and was principally based in their New Jersey practice although he spent four years in the firm's US Capital Markets Group which was based in London and did a stint in KPMG's National Office in New York After 17 years in public accounting,Rich joined Allied-Signal Inc. He was VP-Corporate Controller during the merger with Honeywell, then became CFO of Honeywell's Specialty Materials segment. In addition, Rich spent four years at Honeywell Capital Management, overseeing equity managers and managing a $500MM+ equity portfolio. Rich graduated from the McIntire School of Commerce at The University of Virginia in 1980 with a BS Commerce. He has been married 37 years to his wife, Adele. They have two grown daughters and reside in Manakin Sabot, VA and Kiawah Island SC. He currently serves on the McIntire Advisory Board, and serves on joint boards, chairing the Finance and Audit Committee of VPM (Virginia Public Media) and subsidiary Virginia Foundation for Public Media. He also runs Wickham Glen Holdings LP, a family office.
Current Position: Managing Director
Company: Cavalier Angels
Location: Charlottesville, Virginia, United States, North America
Social: Professional profiles available
Network: Extensive professional connections