Lumitex CEO brings international technology expertise to organization’s board

Team NEO Appoints Peter W. Broer to its Board of Directors 

The Board of Directors of Team NEO has appointed Peter W. Broer to the organization’s governing body. Broer is the president and CEO of Lumitex and joins a group of regional business leaders dedicated to advancing Northeast Ohio’s economy.

“As a leader of a successful technology company and chair of Team NEO’s Business Development Council, Peter will be an immediate contributor to our Board of Directors,” said Team NEO CEO Bill Koehler. “His understanding of economic development organizations and their vital link between technology innovation and economic prosperity will serve us and Northeast Ohio well.”

“Peter’s experience as the leader of an international and highly innovative company complements the wide variety of skillsets we are fortunate to have on our Board,” said Bob Smith, chair of Team NEO’s Board of Directors. “His enthusiasm for driving a culture of innovation and his commitment to Northeast Ohio makes him a perfect addition.”

About Peter Broer

Peter W. Broer serves as President of Lumitex, Inc. He joined Lumitex on November 1, 1990. He served at McKinsey & Company, Cleveland, from 1983 to 1990. He is a member of the Advisory Board of The Entrepreneurs EDGE, Inc., board member of the Manufacturing Advocacy & Growth Network (MAGNET), and serves as the new chair on Team NEO’s Business Development Council. Broer earned a Bachelor of Arts from Harvard University, Cambridge, MA and a Master of Business Administration from Stanford University, Palo Alto, CA.

About Team NEO

Team NEO is an economic development organization focused on creating jobs for Northeast Ohio’s residents. In collaboration with our partners, it leads the region’s business attraction efforts, supports business retention and expansion work as Northeast Ohio’s JobsOhio affiliate, accelerates the impact of innovation in the region, and aligns strategies and resources within the economic development network to maximize its impact. In addition, Team NEO provides tools to assist employers in attracting talent to the region. For more information, visit