LaserCard Hires Kevin McKenna as Vice President of Sales, Americas
July 07 2010 - 7:30AM
Business Wire
LaserCard Corporation (NASDAQ:LCRD)(www.lasercard.com), a
leading provider of secure ID solutions, today announced the
appointment of Kevin McKenna as Vice President of Sales, Americas.
Based in Washington, D.C., McKenna will be responsible for leading
the Company’s sales and government relations activities in North,
Central and South America.
McKenna joins LaserCard with more than a decade of experience in
the hardware, software and services markets, most recently as
President and COO of Paraquis Solutions, LLC, a consulting firm.
Previously, McKenna sold and implemented complex identity and
information systems during his management roles at two of North
America’s leading identity solutions and information technology
providers. McKenna also served for seven years as an Aviation
Officer in the U.S. Army following his graduation from the United
States Military Academy at West Point.
“Kevin brings an exceptional level of industry knowledge to this
role, and we are very pleased to welcome him to LaserCard,” said
Bob DeVincenzi, president and CEO of LaserCard. “Kevin will play a
critical role in the expansion of our focus on opportunities in the
secure identity market in the Americas.”
As an inducement to join LaserCard, McKenna was granted a
non-statutory stock option for 20,000 shares with an exercise price
of $4.635. The stock option has a seven-year term with 25% vesting
after one year and 6.25% vesting quarterly over the following
twelve quarters.
About LaserCard Corporation
LaserCard Corporation, together with its subsidiaries, is a
leading provider of secure ID solutions to governments and
commercial clients worldwide. It develops, manufactures, and
integrates LaserCard® optical security media cards,
multi-technology cards, encoders, peripherals, smart and specialty
cards, biometrics, and modular software. The Company’s cards and
systems are used in various applications, including citizen
identification, border security, government service delivery and
facility access.
For further information, please visit www.lasercard.com.
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