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Evolving Systems Inc (EVOL.OQ)

EVOL.OQ on NASDAQ Stock Exchange Capital Market

4.60USD
14 Dec 2017
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$-0.05 (-1.08%)
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Summary

Name Age Since Current Position

Matthew Stecker

48 2016 Chairman of the Board

Thomas Thekkethala

55 2016 President, Chief Executive Officer, Director

Julie Hoarau

2017 Senior Vice President - Finance

Richard Lewis

2017 Senior Vice President - Worldwide Sales

David Nicol

70 2004 Independent Director

David Oros

56 2008 Independent Director

Richard Ramlall

60 2008 Independent Director

Julian Singer

32 2015 Independent Director

Jay Pfeiffer

IR Contact Officer

Biographies

Name Description

Matthew Stecker

Mr. Matthew Stecker J.D., is Chairman of the Board of the Company. He has served as a Senior Policy Advisor to the United States Department of Commerce since November 2014 and currently serves on the boards of Live Microsystems, Inc. (OTC:LMSC) and MRV Communications (NASDAQ:MRV). Previously, from January to November 2014, Mr. Stecker served as the Vice President of Mobile Entertainment for RealNetworks (NASDAQ:RNWK). From November 2009 to December 2013, he served as CEO of Live MicroSystems, Inc., and from April 2005 to November 2009 he was a senior executive in both Telecom Operations and Strategy at Cartesian, Inc. (NASDAQ:CRTN). He received his BA in Political Science and Computer Science from Duke University, and his JD from the University of North Carolina at Chapel Hill School of Law.

Thomas Thekkethala

Mr. Thomas Thekkethala is President, Chief Executive Officer, Director of the Company. He was promoted to CEO in January 2016 after being named President and a Director of Evolving Systems when RateIntegration, Inc. d/b/a Sixth Sense Media, was acquired by Evolving Systems on September 30, 2015. Mr. Thekkethala was a founding investor, Chairman and CEO of RateIntegration from February 2004 until the company’s acquisition by Evolving Systems in September 2015. Prior to Sixth Sense Media, from December 1999 until September 2015, he was Founder and Managing General Partner at JT Ventures, an early stage technology venture fund where he led investments in Allegro (acquired by Cisco), Fidelia (acquired by NetScout) and Ibrix (acquired by HP). Mr. Thekkethala also co-founded telecom software companies SRG Inc. and Consolidated Communication Systems and Services, where he developed the product vision and market strategy, and led the companies to their successful acquisitions. Mr. Thekkethala started his career at an early-stage wireless carrier that grew to a market leader before its acquisition by Ameritech (now ATT Wireless). Mr. Thekkethala serves on the board of LearnforLifeFoundation.Org. He holds a Bachelors in Electrical Engineering and a Masters in Information Management from Washington University, St. Louis. Mr. Thekkethala has over 25 years of experience in financing and building enterprise software companies and managing them through all stages of business, through formation, capital raising, growth and acquisition. As a director who is also our Chief Executive Officer, he has a strong familiarity with the Company’s business and operational strategy and will bring a keen understanding of these issues to Board deliberations.

Julie Hoarau

Ms. Julie Gosal Hoarau is Senior Vice President - Finance of the company. She brings to Evolving Systems more than a decade of finance and accounting experience, an extensive background in financial planning, management and strategy, and a deep knowledge of the technology industry. She most recently served as Director of Finance and Special Projects for Shutterstock where she incorporated and managed financials for the company's 10 foreign subsidiaries. She was heavily involved in Shutterstock's growth from a sub-$100 million company through its IPO and growth, to over $500 million today. Prior to this role, she served as VP, Finance and CFO at Scanbuy, Inc., a venture capital-backed developer of cloud-based mobile engagement solutions through QR codes and a platform that empowers brands, retailers, and marketers to create, manage, and deliver personalized tailored experiences directly to consumer smartphones. Earlier in her career, she held a number of financial accounting and business consulting positions at the accounting and tax services firm of KVB Partners.

Richard Lewis

Mr. Richard Lewis has been appointed as Senior Vice President - Worldwide Sales of the Company, since July 10, 2017. Mr. Lewis has over 32 years' experience in international business expansion in the telecom and technology space and joins Evolving Systems following the recently completed acquisition of Business Logic Systems (BLS), announced on July 6, 2017. Mr. Lewis was appointed by BLS in 2009 to head up new business sales in Europe, Middle East & Africa, establishing a strong base in the region for the Company's data-driven customer value management and customer engagement solutions. In 2014, he became Global Chief Sales Officer of BLS, expanding his role and the Company's presence in Asia-Pacific and the Caribbean before being appointed Chief Executive Officer in February 2016. As CEO, he was responsible for driving the Company's turnaround strategy and expanding its global footprint whilst improving cash flow and profitability. Earlier this year, BLS was selected by a major global mobile operator group to provide both technology and services to support its customer value management strategies for digitalization-driven revenue growth. Mr. Lewis holds a BA (Hons) degree in Economics, Business Finance and Accountancy from Manchester University.

David Nicol

Mr. David J. Nicol Ph.D., is an Independent Director of the Company. Mr. Nicol also serves on the boards of two private companies and is a board advisor to several others. He is a member of the National Association of Corporate Directors and the Financial Executives Institute. From July 2012 to June 2014, Mr. Nicol was President and Chief Operating Officer of Strongwatch, a security innovation company. During 2009 through June 2012, he was a consultant to several companies. From 2006 until 2009, he served as Executive Vice President and Chief Financial Officer for Solutionary, a managed IT security services provider, since acquired by NTT. During 2004 through 2005, Mr. Nicol raised ‘A’ round venture funding and helped launch Sipera Systems (VOIP security solutions), later acquired by Avaya. From 2001 until 2004, he was Senior Vice President, Product Management and Development for VeriSign Communications Services, a provider of signaling and intelligent network services to communication service providers. Prior to its acquisition by VeriSign in 2001, Mr. Nicol held the same position at Illuminet from 1996, and its predecessor company ITN from 1994. In those capacities, he was responsible for strategy, business development, product management and development, and application services support. From 1990 to 1994, he was Chief Operating Officer for two private companies, each subsequently acquired. From 1984 to 1990, Mr. Nicol held officer positions with United Telecom, Inc. (now Sprint), lastly serving as Corporate Vice President Planning. Mr. Nicol holds a B.Sc. from Ohio State University, an M.A. from Case Institute of Technology, and a Ph.D. from Case Western Reserve University. With his years of executive experience at United Telecom, ITN, Illuminet, Verisign and Solutionary,

David Oros

Mr. David S. Oros is an Independent Director of the Company. Since March 2013, he has been a founding partner of Gamma 3 LLC, a Baltimore, Maryland based investment initiative focused on acquiring, building and incubating advanced technical intellectual property and providing early stage funding to advanced technology companies. Over the last ten years, Mr. Oros has started over eight companies primarily in the technology field. He is currently the Chairman and founder of Terbium Labs, an information security company that runs Matchlight, a data intelligence system, and he is also Chairman of Gemstone Biotherapeutics LLC, a leader in the field of tissue engineering and regenerative medicine. From June 2006 to February 2013, Mr. Oros was the managing partner of Global Domain Partners, LLC, a managed futures company that uses advanced optimization modeling as a predictive tool for worldwide markets, currencies and commodities. From 2006 to 2010, Mr. Oros served as Chairman of the Board of NexCen Brands, Inc., a leading vertically integrated brand acquisition and management firm focused on brand management. From 1996 until June 2006, Mr. Oros was the Chairman of the Board and CEO of Aether Systems, Inc., a leading provider of wireless and mobile data solutions for the transportation, fleet management and public safety industries. From 1994 until 1996, Mr. Oros was President of NexGen Technologies, L.L.C., a wireless software development company. From 1992 until 1994, he was President of the Wireless Data Group at Westinghouse Electric. Prior to that, from 1982 until 1992, Mr. Oros was at Westinghouse Electric directing internal research and managing large programs in advanced airborne radar design and development. Mr. Oros received a B.S. in mathematics and physics from the University of Maryland, and holds a U.S. patent for a multi-function radar system. Mr. Oros currently serves on the Board of Directors of Paul’s Place and the Board of Visitors for the University of Maryland Baltimore County.

Richard Ramlall

Mr. Richard R. Ramlall is an Independent Director of the Company. Through Ramlall Partners LLC, he provides investor relations, financial and regulatory due diligence and compliance, business development, strategic planning, and public relations consulting to public and private organizations. He currently serves in a senior consulting capacity in the financial, telecom and energy sectors. He also was selected to the 2014-2016 Advisory Board of the Washington Wizards NBA Franchise. Mr. Ramlall most recently served on the Board of a private firm, Kika Holdings, where he was also acting CFO, and as Senior Regulatory Adviser for Primus Telecommunications Group. Prior to his consulting arrangement with Primus, from November 2010 to August 2013, he served as Senior Vice President, Corporate Development and Chief Communications Officer ofPrimus Telecommunications Group, Incorporated (NYSE:PTGI), a leading provider of advanced communication solutions, including broadband Internet, traditional and IP voice, data, mobile services, collocation, hosting, and outsourced managed services to business and residential customers in the United States, Canada and Australia. From March 2005 to August 2010, he served as Senior Vice President, Strategic External Affairs and Programming at RCN Corporation, the leading overbuilder broadband provider of video, data, and voice services to residential, business and commercial/carrier customers. Prior to joining RCN in March 2005, Mr. Ramlall served as Senior Managing Director and Executive Vice President of Spencer Trask Media and Communications Group, LLC (a division of New York-based venture capital firm Spencer Trask & Company) based in Reston, Virginia, from June 1999. From March 1997 to June 1999, Mr. Ramlall served as Vice President and Managing Director for Strategy, Marketing and International Government Affairs for Bechtel Telecommunications, a subsidiary of Bechtel Corporation.

Julian Singer

Mr. Julian D. Singer is an Independent Director of the Company. Prior to that, he served as a nonvoting observer to the Board of Directors from July 2014 until December 2014. Since May 2013 Mr. Singer has been engaged as an independent investment advisor. Prior to that, from April 2006 through June 2011, Mr. Singer served as an assistant trader and an analyst with York Capital Management where he evaluated potential mergers and acquisitions. Mr. Singer currently serves on the Board of Directors of Live MicroSystems, Inc., which sold its operating assets in 2013, and Fiber Span, a privately held company providing distributed antenna systems (DAS) technology primarily for public safety projects. Mr. Singer has a B.S. in Finance from Lehigh University and an M.B.A. from the NYU Stern School of Business. Mr. Singer has a background in finance and investing in various industries, including software and telecommunications, as well as mergers and acquisitions. His exposure to these issues and his experience in finance will be helpful in determining and addressing the Company’s financing needs in the future.

Jay Pfeiffer

Basic Compensation