VelosBio to be Acquired by Merck…

The CED, a private nonprofit in the Triangle that fosters entrepreneurism, announced Monday it had elected new officers for its board of directors, including executives from Pappas Ventures    and ChannelAdvisor.

The new chairman will be Eric Linsley, managing partner for Pappas Ventures, while David Spitz, president and COO of ChannelAdvisor, will serve as chairman-elect.

CED officers serve one-year terms.

The company elected 14 new members to the board, and had 13 members return for a second term. The full list is available here.