Edward M. Straw is the founder and managing partner of Osprey Venture Partners—a firm that finds investment capital and assists with business development for startup entrepreneurs. He is the retired President, Global Operations of The Estee Lauder Companies, and currently sits on the boards of the following companies: Performance Equity Management, Odyssey Logistics, Helius Medical Technologies, Capital Teas and Document Capture Technologies. He is the Chairman of Odyssey Logistics. As President, Global Operations for Estee Lauder, Mr. Straw centralized and led Lauder’s R&D, package engineering, acquisition, manufacturing, distribution, inventory management, and information systems organizations which supported 20 Estee Lauder Companies around the world. In his five years at Estee Lauder, he is credited with directing significant improvements in their global supply chain and driving major stock price impactful savings to the bottom line.
Prior to joining the Estee Lauder Companies, he was Senior Vice President, Global Manufacturing and Supply Chain Management at the $40 billion Compaq Computer Corporation in Houston.
Before joining Compaq in late 1998, Mr. Straw was President of Miami-based Ryder Integrated Logistics—then the leading provider of third party supply chain services in North America.
Prior to joining the private sector, Mr. Straw had a distinguished career in the U.S. Navy, retiring as a three-star admiral in 1996. Vice Admiral Straw culminated his military service from 1992-1996 as the Director of the Defense Logistics Agency, the nation’s only combat logistics support agency and primary provider of global supply chain material and services support for America’s armed forces. He reported directly to the Under Secretary of Defense (AT&L), Dr. Paul Kaminski, and General Colin Powell, Chairman, Joint Chiefs of Staff.
Admiral Straw also held numerous operational and policy leadership positions at the Navy’s major logistics commands—and was Navy’s lead for logistics planning and execution of material and ordnance support to Navy and Marine Corps forces during Operations Desert Shield and Desert Storm in 1990-91.
Admiral Straw received multiple awards throughout his career, including Defense, Navy/Marine Corps and Air Force Distinguished Service Medals, the Ford Foundation’s Innovations in American Government Award and the Society of Logistics Engineers’ Founders Medal. He is a distinguished graduate of the United States Navy Supply Corps School and recipient of the Navy Supply Corps’ Lifetime Achievement Award.
Admiral Straw holds a Master of Business Administration degree from The George Washington University, a Bachelor of Science degree from the U.S. Naval Academy, and is a graduate of the National War College.
In addition to the boards listed above, he is a Trustee of the U.S. Naval Academy Foundation, a member of the Department of Defense Science Board, and has served on the Board of Directors of Eddie Bauer, MeadWestvaco, Panther Expedited Services, the Navy Federal Credit Union, the U.S. Chamber of Commerce, and the Boy Scouts of America. He has also served in an advisory role to the IBM Federal Group and PRTM Management Consultants.
Admiral Straw is currently working with a group of patriots to regain medical benefits for “Blue Water” Vietnam veterans suffering from Agent Orange related diseases.
Admiral Straw has three daughters—Silvana, Meg and Katie. He resides in New York City and Annapolis, Maryland with his wife, Christine.