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During his 26 years at Honeywell, Jay Schrankler held key management and executive roles spanning the Aerospace Business to the Automation and Control Solutions business. After successfully leading Honeywell’s $1.1B Global Environmental Controls Business as Vice President and General Manager he spent five years as the Vice President of Honeywell’s Automation and Control Solutions Business ($13B in sales) Intellectual Property licensing and marketing business. He built this business from scratch by licensing Honeywell’s technology as well as its renowned trademark.
In April 2007, he was appointed the Executive Director of the University of Minnesota’s new Office for Technology Commercialization. Schrankler’s group is responsible for mining the University for key inventions and determining the best route to commercialization. This comes in the form of technology licenses and in new venture start up companies created by the University’s Venture Center. As an undergraduate at the University of Minnesota he studied electrical engineering before getting master’s degrees in Electrical Engineering and in Computer Science at the University of Wisconsin. He has also completed executive management certifications at Harvard University and UCLA. Schrankler also has held engineering positions at both 3M and Unisys Corp.