Chapman University in Orange named angel investor and entrepreneur Dr. Shan Steinmark the new director of its Leatherby Center for Entrepreneurship and Business Ethics.

Steinmark has invested with Tech Coast Angels and founded several companies, and served as a mentor with the Leatherby Center.

He will work with Gene Alexander, who directs Chapman’s LaunchLab Incubator, which houses 30 student entrepreneur groups developing businesses.

Steinmark emphasized what he called the need for creativity and collaboration in entrepreneurship.

“All real economic growth is a function of innovation,” he said in a statement on his appointment.

Dean Reggie Gilyard of Chapman’s George L. Argyros School of Business and Economics said Steinmark was selected for his “demonstrated track record and … strong vision” for the center.

Steinmark replaces Richard Sudek—also a Tech Coast Angels alum—who left the directorship at Leatherby to take on a similar role at University of California-Irvine’s Institute for Innovation in September.