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Monday, 20 July 2020 15:46

Vell Recruits Chairman/iCEO for Carbonite (NASDAQ:CARB) Featured

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Stephen Munford

Member of the Board of Directors

(Promoted to Chairman and interim CEO)

> Location: Greater Boston Area, MA
> Industry: SaaS
> Other experience: Chairman, Sophos | CEO, Sophos
> Ownership: Public (NASDAQ: CARB)

BOSTON - Stephen Munford, non-executive chairman and former CEO, Sophos, was announced today as a new member of the Carbonite board. Carbonite, Inc. is a leading provider of cloud solutions that keep small businesses and home offices running smoothly.

"As CEO, Steve led Sophos Ltd. through a transition from an anti-virus company to a leader in the security industry. Sophos more than tripled its bookings to a record $400M under Steve's leadership," said David Friend, CEO and Chairman, Carbonite. "His guidance will be invaluable as Carbonite continues to shift its focus to the small and medium business market and increase its investment in the channel."

"I'm excited to bring my experience in leading major strategic shifts to Carbonite's board of directors," said Munford. "Carbonite has the vision, people and resources in place to bring the best products and resources to its small business customers and partners." Munford joined Sophos Ltd. in 2003 as president of North America after it acquired ActiveState, where he also served as president. Munford was appointed CEO in January 2006 and Sophos Ltd. experienced rapid growth under his leadership. Prior to ActiveState and Sophos Ltd., Munford held senior positions at Seanix Technology and Coopers & Lybrand.

Munford has a bachelor's degree in economics from the University of Western Ontario and an MBA from Queen's University. 

About Carbonite

Carbonite (NASDAQ: CARB) keeps small businesses and home offices running smoothly. Carbonite offers a comprehensive suite of affordable services for data protection, recovery and anywhere, anytime access. More than 1.5 million customers, including 50,000 small businesses, trust Carbonite's secure, easy-to-use cloud backup solutions and award-winning U.S.-based customer support.

Read 526 times Last modified on Monday, 14 December 2020 11:57
Dora Vell

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,, 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.