WANdisco Plc Board change (6858H)
November 19 2018 - 2:00AM
UK Regulatory
TIDMWAND
RNS Number : 6858H
WANdisco Plc
19 November 2018
19 November 2018
WANdisco plc
("WANdisco", the "Company" or the "Group")
Board change
WANdisco (LSE: WAND), the LiveData company, announces the
appointment of Bob L. Corey as Senior Non--Executive Director and
Vice Chairman with immediate effect.
Bob brings more than 30 years of executive and financial
management experience in public and private software and hardware
companies in Silicon Valley. Bob has deep corporate governance
experience and has served on numerous Boards in Silicon Valley as
Chairman of the Board, Chairman of the Audit Committee and as a
member of Remuneration, Nomination and Governance committees.
Most recently, Bob served as Chief Financial Officer and
Executive Vice President of Callidus Software until 2017. Callidus
Software was subsequently acquired by SAP for a consideration of
$2.4 billion in April 2018. He has also served as the Chief
Financial Officer of FrontRange Solutions USA Inc., an enterprise
software company. Prior to FrontRange, he was a member of the Board
of Directors at Extreme Networks, Inc., an Ethernet solutions
company ultimately serving as Interim Chief Executive Officer, and
Executive Vice President and Chief Financial Officer.
Bob sat on the board and chaired the audit committee for Apigee
Corporation until November 2016 when it was acquired by Google for
$625 million. Bob has served as a member of the Board of Directors
for Apigee Corporation, Amberpoint, Extreme Networks, Interwoven,
Live Ops and Veraz Networks.
David Richards, Chief Executive Officer and Chairman,
commented:
"I am delighted to welcome Bob to the Board. He brings with him
a wealth of relevant cloud and financial experience which will be
of great value as the structure of our revenue base evolves and we
continue our move toward more predictable, annual recurring cloud
revenues."
"Bob brings more than 30 years of sector experience and his
appointment reflects the global ambitions of the Group as we deepen
our relationships with strategic partners to address the expanding
demand for live data across cloud applications."
Bob Corey, Senior Non-Executive Director and Vice Chairman,
commented:
"I'm joining the team at an exciting time and look forward to
drawing on my experience to help WANdisco become a global SaaS
provider."
Board composition
Following this appointment, the composition of the WANdisco plc
Board is as follows:
Non-Executive Directors:
Bob L. Corey Senior Non--Executive Director, Vice Chairman;
Audit Committee Chair
Karl Monaghan Non-Executive Director, Remuneration Committee
Chair
Grant Dollens Non-Executive Director
Executive Directors:
David Richards Chief Executive Officer, Chairman, President,
Nomination Committee Chair
Erik Miller Chief Financial Officer
Dr. Yeturu Aahlad Chief Scientist
For further information please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive Officer and
Chairman
Erik Miller, Chief Financial Officer
FTI Consulting
Matt Dixon / Harry Staight / Chris Birt / Kwaku +44 (0)20 3727
Aning 1137
Stifel (Nomad and Joint Broker)
Fred Walsh / Neil Shah / Alex Price / Rajpal +44 (0)20 7710
Padam 7600
Peel Hunt (Joint Broker) +44 (0)20 7418
Edward Knight / Nick Prowting 8900
WH Ireland Limited (Joint Broker) +44 (0)20 7220
Adam Pollock / Tim Feather 1666
Directorships
Bob Corey currently holds the following directorships:
None
Bob Corey has held the following directorships in the last 5
years:
Apigee Corporation
Live Ops
There are no further details regarding the appointment of Bob L.
Corey that require disclosure under the AIM Rules.
About WANdisco
WANdisco is shaping the future of data infrastructure with its
groundbreaking Live Data platform, enabling companies to put all
their data to work for the business - all the time, at any
scale.
WANdisco makes data always available, always accurate, and
always protected, delivering hyperscale economics to support
exponential data growth with the same IT budget. With significant
OEM relationships with IBM and Dell EMC and go-to-market
partnerships with Amazon Web Services, Cisco, Microsoft Azure,
Google Cloud, Hewlett Packard Enterprise, Oracle and other industry
titans - as well as hundreds of customers among the Global 2000 -
WANdisco is igniting a Live Data movement worldwide.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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