Kathryn Lockhart, CEO of Propel, the regional virtual accelerator for tech-enabled companies, has announced she is joining the McKenna Institute at the University of New Brunswick as Executive Director, effective Nov. 10.

Lockhart has headed up Propel for more than five years and seen significant change in that time. Now, she is joining the McKenna Institute, an entrepreneurial centre based at UNB, which is working to promote digital transformation in New Brunswick. 

“Over the past few years, I’ve witnessed the remarkable transformation of Atlantic Canada’s tech sector. From early-stage founders with big ideas to thriving companies leading in sectors like AI, digital health, clean technology, and advanced manufacturing, the energy and talent in this region are undeniable,” Lockhart wrote on LinkedIn.

“For us at Propel, the root of all this progress has been one constant: supporting founders in their earliest days and helping them validate customers, refine their sales strategy, and build the confidence to scale … I’ve been fortunate to work alongside an extraordinary team at Propel- smart people who care deeply about founders, communities, and impact. It's a team that has become family.

“As I begin this new chapter with the McKenna Institute, I’m particularly excited to help advance New Brunswick’s innovation agenda. By making bold decisions and investing in digital transformation, we can create an unfair advantage right here in New Brunswick and much of that work can start now, building on the great foundation that has been laid.”

In a statement, the McKenna Institute said that Lockhart, a UNB alum, has a proven record of helping technology companies grow and thrive. “Her passion for collaboration and inclusive innovation will help shape the next chapter of the Institute’s impact across New Brunswick and beyond.”

The institute also thanked Adrienne Oldford, who has led the McKenna Institute since its founding in 2021. She will continue to support the institute as an advisor and member of the Legacy Board.

The Chapman Group will be leading the search for Propel’s new CEO. The job posting is here.