Who We Are

Launched in 2003, Lateral Capital is the Early Stage investment business of former Pillsbury Company CEO and long-time Procter & Gamble executive, John Lilly. The first two Lateral Capital funds were all “personal money,” invested in parallel with other interested investors, including Tom Moore and Steve Gold. Lateral Capital III is a partnership with former P&G colleague Jeff Ansell. Lateral Capital IV, V and VI are structured as a Limited Partnership with 45 senior business executives.
 - General Partner: John Lilly- Former P&G executive/ Pillsbury CEO - John Lilly has an extensive background in business management, having built more than 50 branded businesses in 25 countries over 27 years; as an executive at Procter & Gamble and then as the CEO of The Pillsbury Company. John began his career at P&G in 1976 and was responsible at one time or another for almost all of Procter’s laundry, paper, food and beverage brands. This culminated in a six year assignment as Regional Vice President in Frankfurt, Germany, where John had managerial scope for the paper and beverage businesses in P&G’s Europe, Middle East and Africa Division. His experience base includes responsibility for Pampers®, Pringles®, Punica®, Cheer®, Always®, Folgers®, Gain®, Duncan Hines®, Sunny Delight® and Dawn®. 
Team
 - Tim Kost- Lateral Capital LP and Managing Director 
Limited Partners
 - Harry Kangis- Co-Founder/General Manger, One Page Solutions, LLC - Cincinnati, OH 
 - Chad Keck- Vice Chair, Needham & Company - Freeland, WA 
 - Jim Lawrence- Former CFO of Northwest Airlines, General Mills and Unilever, NV / Former CEO of Rothschild North America - Minneapolis, MN 
 - Jim Campbell- Retired Chairman, Wells Fargo Minnesota - Minneapolis, MN / Naples, FL 
 - Cliff Anderson- Retired Owner, Crown Iron Works - Minneapolis, MN 
 - Jeff Ansell- Senior Advisor at Vestar / Executive COB of IRI Worldwide / Former CEO, Pinnacle Foods and Sun Products - Greenwich, CT 
 - Tom Malkoski- CEO, Penford Corporation / Former Managing Director, Chiquita Brands Int'l - Chicago, IL 
 - John Pepper- Retired President, CEO and Chairman, The Procter & Gamble Company / Former COB, The Walt Disney Company - Cincinnati, OH 
 - Tom Moore- Former President, P&G Health Care / CEO of multiple Early Stage companies - Philadelphia, PA 
 - Henry Cousineau- Founder of Novus Marketing (currently Omnicom) / Restauranteur - Minneapolis, MN 
 - Steve Gold- Former General Counsel, Tropicana Products, Inc. - Longboat Key, FL 
 - Cathy James Paglia- Director, Enterprise Asset Management, Inc. - Greenwich, CT 
 - Mike Murray- Retired President Global Corporate & Investment Banking, Bank of America - San Francisco, CA 
 - Tim Ingrassia- Co-Chair of Global Mergers and Acquisitions, Goldman Sachs Group - New York, NY 
 - Dan Glunt- Investor/Entrepreneur / Mediocre Fisherman - Ponte Vedra Beach, FL 
 - David Cohen- Executive Vice President/COO, Standard Oil - Fairfield, CT 
 - Joy Lindsay- President and CEO, Startec Investments Long-time Early-Stage Investor - Naples, FL 
 - Greg Bonifield- Principal, Woodfield Development - Isle of Palms, SC 
 - David Welle- Board Chairman, Second Heart Homes, Inc. - Sarasota, FL 
 - Drayton Saunders- President, Michael Saunders & Company - Sarasota, FL 
 - Megan Hawgood- Website Contractor - Bainbridge Island, WA 
 - Jeff Liter- Multi-Company CEO, Health Care Biologics - Minneapolis, MN 
 - Conrad Szymanski- Board Member, Beall's Inc. - Sarasota, FL