Our latest newsletter had no room to cover second quarter technology board moves of note in the under $1 billion market cap range. While the themes are very much the same, with the apointment of the traditional functions of CEO and CFOs, we see gender and age diversity.
Thwapr, a mobile video sharing platform, appoints Bernadine Santistevan as a board member. Her expertise features a unique blend of strategic, business development, operational and financial expertise. She was the acting CEO responsible for turning around a GE Capital media/technology company and has also provided business expertise to a variety of hedge funds, private equity funds and venture capital firms. She has also produced and directed films. Leonard H. Dreyer was also appointed to Twarpr's board. Dreyer has held several top leadership positions at major companies and philanthropic organizations. A Marine Corps veteran, Dreyer was CEO, chairman and president of Marie Callender Restaurants and vice president of Denny's.
Hosted e-mail encryption and e-prescribing Viasystems Group's board of directors has appointed Peter Frank, 62, of GSC Group, to complete the unexpired term of an exiting board member. Philip Raygorodetsky, 36, Senior Managing Director of GSC Group, resigned to fulfill other commitments. Frank previously served on Viasystems board from November 2008-March 2009.
Colorado-based IT Services firm, Ciber named Paul Jacob, 70, as its non-executive Chairman. The founding partner in Jacobs Chase Frick Kleinkopf & Kelly, a mid-sized law firm, has served on the board since 2005. Ciber also made three other executive changes in its leadership.
Cost-effective energy storage and power delivery solutions, Maxwell Technologies elected Robert Guyett, 73, as Chairman of the Board. He also chairs the board's Audit Committee and serves on the Compensation and Governance, Nominating and Strategy Committees. Guyett is President and CEO of Crescent Management Enterprises.
Immersion Corporation announced that David Sugishita, 61, has been elected to the company's board of directors, replacing Rob Van Naarden, who is retiring from the board. Sugishita currently serves as Chairman of the Board of Atmel, where he chairs the Audit and Corporate Governance and Nominating committees, and as a director and Chairman of the Audit Committee for Ditech Networks.
Zix Corporation elected Maribess Miler to its board of directors. She serves on the Texas State Board of Public Accountancy and retired from PricewaterhouseCoopers' leadership team in 2009.
CyberDefender Corporation announced that Howard Bain III, the former CFO of Symantec and Portal Software (subsequently acquired by Oracle) has joined the board of directors. Howard Bain III, 64, has served as CFO or senior financial executive of five public high technology companies during more than three decades in Silicon Valley.
CyberDefender Corporation announced that Tom Connerty, 47, former Chief Marketing Officer of NutriSystems, has joined the board of directors. Connerty was previously Executive Vice President of program development and Chief Marketing Officer of NutriSystems and was instrumental in successfully creating and implementing an innovative direct marketing program.
In a board shakeup, Callidus Software nominated Mark Culhane, 50, to its board to replace Robert Youngjohns. Youngjohns, 57, was recently promoted to be President of Microsoft's North American Sales and Marketing operations. His term expires at the end of the 2010 annual meeting and he has decided not to stand reelection. Culhane is the Executive Vice President and CFO for DemandTec. Superstar customer-facing Youngjohns was replaced by a CFO, perhaps indicating a desire to beef up the audit committee.
Financial media web company TheStreet.com appointed Vivek Shah, 35, to its board. He most recently served as Group President for the Digital division of Time Inc.'s news, business and sports properties.
Zhone Technologies announced the appointment of Nancy Pierce, 52, to its board of directors and to its Audit Committee. She currently serves as President and Managing Director of KELD, a management and strategic advisory company.
IT Services ATS Corporation has elected Anita Jones, 68, to its Board of Directors. Jones is a University Professor Emerita at the University of Virginia's School of Engineering and Applied Science and is a Senior Fellow of the Defense Science Board, a member of the National Academy of Engineering, a trustee of InQTel and a member of the Executive Committee in the governing corporation of the Massachusetts Institute of Technology. ATS also elected James Swartwout, 62, to its board. He most recently served as Co-CEO and board member of Habasit Holding and is a director of Sparton Corporation.
Facial Animation software maker Image Metrics appointed Peter Norris, 54 as board director. Norris has served as a non-executive Chairman of Virgin Group Holdings since November 2009 and previously served as CEO of Quayle Munro Holdings. This is a big appointment for a very small software company with an impressive client list.
Web application tools provider Etelos has named Kevin Pritchard, 43, to its board of directors. He currently serves as General Manager for the Portland Trailblazers. Pritchard is also a former NBA player, head coach and director of player personnel.
Ubroadcast appointed Dr. Ash Rofail as Chairman and CEO. He previously served as CTO for User Technology Associates.
Equifax's TALX subsidiary announced that Bill Canfield, 71, is retiring from its board. Canfield has been a director since May 2007 and previously served as President and CEO of TALX.
Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.
Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years. Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.
Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.
Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults, garage.ca, and RBC Capital Partners.
She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program. www.vell.com/