bio

Dale Wahlstrom_Headshot

Dale A. Wahlstrom

President and CEO, ACT 3, LLC

Former: President and CEO, LifeScience Alley and the BioBusiness Alliance of MN; Co-Founder and Founding Executive Director of the Medical Device Innovation Consortium; VP/GM Medtronic

Dale retired from Medtronic in 2006 after 24 years. Most recently he served as V.P. of CRDM Venture Programs. Prior to this he served as VP/GM of the CRDM Therapy Delivery business. Before Medtronic, he held management and sales positions at Litton Microwave and Burroughs Corporation and managed a clean technology start-up company.

From 2006 until May of 2014 he served as the President and CEO for LifeScience Alley and The BioBusiness Alliance of Minnesota.  From 2007 until 2009 Dale led efforts to develop a long-term strategy called Destination 2025 that focuses on the development and growth of high potential biology based industries in the state of MN.  From 2011 until 2013 he served as the Founding Executive Director of the Medical Device Innovation Consortium (MDIC), a public private partnership between the FDA and the medical device industry with a mission to enhance the productivity of the medical device eco-system within the United States.

Today he is the President and CEO of Act 3, LLC, a consulting, engineering, and investment firm that focuses on helping companies to expand their global markets, assisting start up companies, and providing unique program management services in the development of capabilities that extend across public private sectors.  Act 3 has established an experienced global network of professionals that can be leveraged to meet the needs of virtually any high knowledge content company ranging from an early stage startup to fortune 500 global enterprises.

Dale is currently a member of several board of directors, industrial advisory boards, and academic governance boards for different universities and companies. In 1988 he was a recipient of the Medtronic Star of Excellence Award, and in 1997 received the Wallin Leadership Award. In 2002 Dale was recognized as the outstanding graduate of the year by the engineering department of St. Cloud State University. In 2007 he was honored by Twin Cites Business Magazine and was the recipient of the Bioscience Success Story Award. In 2010 and again in 2011, Twin Cities Business Magazine selected Dale as one of 200 “Minnesotans You Should Know.”  In 2013 he was awarded the Engineering Manager of the Year Award by the American Society of Engineering Managers. Also in 2013 he was awarded the Leaders in Health Care 2013: Champion Award by Minnesota Business Magazine. In 2014 he was inducted as a fellow into the American Institute for Medical and Biological Engineering.   He currently has eleven patents in medical technology and more pending.

Education:

BS, Engineering, St. Cloud State University, 1978

MS, Systems Engineering, University of St. Thomas, 1994