Shamil Hargovan

Shamil Hargovan

Managing Director, STS Capital

Shamil Hargovan is an entrepreneur, CEO, and brand leader who has experience building award-winning products and services, consumer devices, B2B platforms, and applications that have generated over $4B in direct revenues. Hargovan leads sell-side M&A deals supporting business owners and founders on their strategic exit. In addition, Shamil co-chairs the firm’s Success to Significance™pillar around social impact and legacy potential, including serving as CEO of the firm’s affiliated foundation, Altruvest Charitable Services, a global not-for-profit organization that provides training and tools to improve the performance of community-based charities so they can give more to their causes.

Shamil co-founded Wiivv Wearables, which as CEO, he grew over 68x between 2016 and 2019, to become the largest supplier of custom 3D printed footwear worldwide. He drove an award-winning eCommerce experience and led commercial partnerships with international governments and sports, athleisure, and wellness brands, including Dr. Scholl’s and Lululemon. Wiivv pioneered state-of-the-art digital manufacturing in the U.S. and Canada, based on measurements captured from a smartphone or retail scanner. In 2020, Shamil exited his stake to a private strategic capital group.

Mr. Hargovan spent several years at HP Inc., including on an executive team defining the company’s additive manufacturing strategy, which ultimately led to the formation of its 3D printing business unit. He also managed several highly profitable consumer and SMB product lines, while directing major cross-functional customer experience and business transformation initiatives across the $60B printing and personal systems global business. Prior to HP, Shamil was a management consultant at Clarkston Consulting, serving clients in the consumer products, life sciences, and retail industries. Hargovan started his career at SRI International (formerly Stanford Research Institute) in their new ventures team, where he worked on a multimedia video startup and cashed out in 2010.

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