Covalo
Michael Ricci is an accomplished business development professional with extensive experience in various roles across multiple industries. Currently serving as the Head of New Business Development for Covalo since June 2025, Michael spearheads initiatives to enhance market presence, particularly in personal care and cosmetics, while fostering strategic partnerships. Previously, Michael held positions such as Senior Account Executive at UL Solutions and Director of Sales at ShotTracker Inc., contributing to innovative solutions in technology and business development. Notably, Michael has a robust background at UL in global member development and sales management, focusing on material specification and supply chain intelligence. Michael holds a Bachelor of Science in Psychology from Rutgers University - Camden, earned between 1990 and 1994.
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Covalo
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Covalo™ is disrupting how formulation-driven products are developed in the 3 trillion euro consumer goods industry so brands can reduce time to market by scouting ingredients and packaging, collaborating on projects, and purchasing -- all from one place. . Today it's one of the largest beauty ingredient search platforms that connects beautybrands with suppliers of ingredients, packaging, and services such as contract manufacturing, formulation, regulatory, compliance and testing. It also arms suppliers with the tools and real-time industry insights needed to effectively market products. Covalo launched in 2021 and is based in Switzerland.