People: Ambient Corp (AMBT.OQ)

AMBT.OQ on NASDAQ Stock Exchange Capital Market

2.86USD
4:00pm EDT
Price Change (% chg)

$-0.03 (-1.04%)
Prev Close
$2.89
Open
$2.88
Day's High
$2.98
Day's Low
$2.85
Volume
6,162
Avg. Vol
8,658
52-wk High
$7.57
52-wk Low
$1.53

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Summary

Name Age Since Current Position

John Joyce

 60 2011 Chairman of the Board, President, Chief Executive Officer

Stacey Fitzgerald

 45 2013 Chief Financial Officer

Michael Quarella

 57 2012 Chief Operating Officer

David Masters

 2013 Chief Technology Officer

Shadron Stastney

 42 2008 Director

Thomas Higgins

 57 2006 Independent Director

D. Howard Pierce

 71 2004 Independent Director

Francesca Scarito

 48 2011 Independent Director

Michael Widland

 71 2000 Independent Director

Michael McCarthy

 Director - Investor Relations & Government Affairs
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Biographies

Name Description

John Joyce

 Mr. John J. Joyce is Chairman of the Board, President, Chief Executive Officer of Ambient Corporation. He served as the company's Chief Operating Officer from November 2000 through August 2001. Since September 2010, Mr. Joyce has served on the Finance Committee. Prior to August 2011, Mr. Joyce also served as the Treasurer. From September 1996 to October 2000, Mr. Joyce served as Senior Vice President of ABB Financial Services Inc. and President of ABB Financial Consulting, the Americas, where he also led the global energy consulting practice within Financial Services. Mr. Joyce developed the Americas branch of ABB Financial Consulting, the financial management consultancy business of ABB Financial Services. From December 1993 to August 1996, Mr. Joyce served with The Capital Markets & Treasury Practice of Price Waterhouse LLP. Returning to the firm he had previously served for more than five years in the general audit practice, Mr. Joyce assumed the responsibilities of Manager, in which he advised corporations on a variety of business issues and strategies. Mr. Joyce was promoted to Director in June 1995.

Stacey Fitzgerald

 Ms. Stacey Fitzgerald has been appointed as Chief Financial Officer of Ambient Corporation effective May 8, 2013. Ms. Fitzgerald has been Controller of the Company since July 9, 2012 and was primarily responsible for the management of all corporate accounting activities including the year-end financial statement audit, internal controls structure, SEC reporting, and the streamlining of various business and accounting processes. Prior to joining Ambient, from February to June 2012, Ms. Fitzgerald worked as an independent consultant at Accounting Management Solutions, a Massachusetts based company engaged in accounting and finance consulting services. From February 1998 to December 2006, she served as Vice President of Finance, as well as other senior finance positions at RSA Security, formerly a publicly held company engaged in the field of network security. From January 2007 through December 2012 Ms. Fitzgerald was at home raising her young family. Lastly, Ms. Fitzgerald began in career in the audit practice of both Ernst & Young and KPMG. Ms. Fitzgerald holds a Bachelor of Science in Business Administration with a Concentration in Accounting from Salem State University.

Michael Quarella

 Mr. Michael L. Quarella is Chief Operating Officer of Ambient Corp. He has been Vice President of Operations at the Company since March 2005. From October 2003 until he joined the Company, Mr. Quarella was Director of Operations for Verso Technologies, formerly MCK Communications and has led a long distinguished career in start-up/development stage operations and manufacturing. Mr. Quarella has introduced risk management techniques in support of new product introduction practices to meet time-to-market, quality, and cost requirements at Ambient. Mr. Quarella is also responsible for developing and maintaining a responsive and dedicated Manufacturing and Development organization.

David Masters

 Mr. David Masters is Chief Technology Officer of Ambient Corporation. As Manager for Technology Development at Duke Energy, Mr. Masters was responsible for the development and application of smart grid and telecommunications networks to support the utility's strategic objectives. In this role, he worked with a wide variety of technology suppliers, including Ambient, in order to design, and then implement, a robust and versatile communications platform incorporating multiple technologies in parallel to support multiple grid applications.

Shadron Stastney

 Mr. Shadron Lee Stastney is Director of Ambient Corporation since June 2008. He has also served on the Finance Committee since September 2010 and as its chair since August 2011. Mr. Stastney is a founding partner of Vicis Capital, LLC, the investment advisor to Vicis Capital Master Fund, or Vicis, a multi-strategy hedge fund. Mr. Stastney has served as Chief Operating Officer of Vicis Capital since June 2004. Prior to Vicis Capital, from July 2001 through May 2004, Mr. Stastney served in the same capacity at Victus Capital. Before Victus Capital, Mr. Stastney was a Director at Credit Suisse First Boston in New York. Mr. Stastney currently serves on the boards of directors of China Hydroelectric Corp., China New Energy Group Company, OptimizeRx Corporation, The Amacore Group, Inc., Master Silicon Carbide Industries, Inc., Deer Valley Corporation, Infusion Brands International, Inc., and Zurvita Holdings, Inc. and formerly served on the board of MDWerks, Inc. and Medical Solutions Management, Inc.

Thomas Higgins

 Mr. Thomas Michael Higgins is Independent Director of Ambient Corporation since September 2006. He serves on the Audit Committee as its chair (since September 2006) and the Nominating and Corporate Governance Committee (since July 2011). Mr. Higgins has served as the Senior Vice President of Finance and Chief Financial Officer of the College Board since June 2003. Prior to the College Board, Mr. Higgins was a partner in the New York City accounting firm of Silverman Linden Higgins LLP from February 1993 to June 2003. Mr. Higgins also worked in the New Jersey offices of Coopers & Lybrand LLP from January 1992 to January 1993 and at Ernst & Young LLP from 1977 to 1991. Mr. Higgins is a member of the American Institute of Certified Public Accountants as well as the New Jersey and New York State Society of Certified Public Accountants.

D. Howard Pierce

 Mr. D. Howard Pierce is Independent Director of Ambient Corporation since November 2004. He serves on the Audit Committee (since November 2004) and Nominating and Corporate Governance Committee as its chair (since July 2011). Until his retirement in June 2001, he served as President and CEO of ABB, Inc., a $5 billion U.S. subsidiary of global industrial, energy and automation provider ABB, Ltd. Prior to assuming leadership of ABB, Inc., Mr. Pierce served in a number of key executive positions, including President of ABB’s Steam Power Plants and Environmental Systems and President of ABB China Ltd. In addition to serving on the board, Mr. Pierce serves on the board of directors of Harsco Corporation, a publicly traded, New York Stock Exchange-listed company, where he also serves as chairman of the Audit and Compensation Committees.

Francesca Scarito

 Ms. Francesca E. Scarito is Independent Director of Ambient Corporation since June 2011. She serves on the Audit Committee (since July 2011) and Compensation Committee (since July 2011). Ms. Scarito is President of RS Finance & Consulting, LLC, a boutique investment bank located in Boston, Massachusetts. Ms. Scarito has been an investment banker for over 20 years and has experience in private capital, equity capital markets and mergers and acquisitions. Prior to joining RS Finance & Consulting, LLC in April 2009, Ms. Scarito was a Managing Director of Canaccord Adams Inc. from May 2007 through October 2008. Ms. Scarito also was a Managing Director at Legacy Partners Group LLC from July 2004 through February 2007 and at its successor Friedman Billings Ramsey from February 2007 through April 2007.

Michael Widland

 Mr. Michael L. Widland is Independent Director of Ambient Corporation since November 2000. He serves on the Audit Committee (since November 2004) and Nominating and Corporate Governance Committee as its chair (since July 2011). Until his retirement in June 2001, he served as President and CEO of ABB, Inc., a $5 billion U.S. subsidiary of global industrial, energy and automation provider ABB, Ltd. Prior to assuming leadership of ABB, Inc., Mr. Pierce served in a number of key executive positions, including President of ABB’s Steam Power Plants and Environmental Systems and President of ABB China Ltd. In addition to serving on the board, Mr. Pierce serves on the board of directors of Harsco Corporation, a publicly traded, New York Stock Exchange-listed company, where he also serves as chairman of the Audit and Compensation Committees.

Michael McCarthy

Basic Compensation

Name Fiscal Year Total

John Joyce

 1,617,010

Stacey Fitzgerald

 --

Michael Quarella

 --

David Masters

 --

Shadron Stastney

 --

Thomas Higgins

 --

D. Howard Pierce

 --

Francesca Scarito

 --

Michael Widland

 --

Michael McCarthy

 --
As Of 30 Dec 2011

Insider Trading

Name Shares Traded Price

JOYCE JOHN J

 2,500 $0.00

VICIS CAPITAL L L C

 133,000 $5.12

VICIS CAPITAL L L C

 111,000 $5.01

VICIS CAPITAL L L C

 175,000 $4.50

VICIS CAPITAL L L C

 166,000 $4.50
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