People: Brocade Communications Systems Inc (BRCD.O)
BRCD.O on Nasdaq
5.45USD
24 May 2013
5.45USD
24 May 2013
Price Change (% chg)
$0.01 (+0.18%)
$0.01 (+0.18%)
Prev Close
$5.44
$5.44
Open
$5.42
$5.42
Day's High
$5.49
$5.49
Day's Low
$5.40
$5.40
Volume
5,366,534
5,366,534
Avg. Vol
6,516,089
6,516,089
52-wk High
$6.44
$6.44
52-wk Low
$4.18
$4.18
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
David House |
69 | 2005 | Independent Chairman of the Board |
Lloyd Carney |
50 | 2013 | Chief Executive Officer, Director |
Daniel Fairfax |
57 | 2011 | Chief Financial Officer, Vice President - Finance |
Tyler Wall |
47 | 2005 | Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary |
Judy Bruner |
54 | 2009 | Independent Director |
Renato DiPentima |
72 | 2007 | Independent Director |
Alan Earhart |
69 | 2009 | Independent Director |
John Gerdelman |
60 | 2007 | Independent Director |
Glenn Jones |
67 | 2006 | Independent Director |
L. William Krause |
70 | 2004 | Independent Director |
Sanjay Vaswani |
53 | 2004 | Independent Director |
Biographies
| Name | Description |
|---|---|
David House |
Mr. David L. House is Independent Chairman of the Board of Brocade Communications Systems, Inc. He has served as a director since 2004 and as the Chairman of the Board of Directors since December 2005. From January 2005 through December 2005, he served as Executive Chairman of the Board. Mr. House served as Chairman and Chief Executive Officer of Allegro Networks, a privately held provider of network routing equipment, from January 2001 until April 2003. Prior to that, he served as President of Nortel Networks Corp. from August 1998 until August 1999. Mr. House joined Nortel Networks Corp. when it was merged with Bay Networks, Inc., where he served as Chairman of the Board, President and Chief Executive Officer from October 1996 until August 1998. Mr. House served in senior management positions at Intel Corporation for 23 years. During the last five years, Mr. House also previously served as a director for the following public company: Credence Systems Corporation. Mr. House received a B.S.E.E. degree from Michigan Technological University and an M.S.E.E. degree from Northeastern University. |
Lloyd Carney |
Mr. Lloyd A. Carney is Chief Executive Officer, Director of Brocade Communications Systems Inc. He was named Chief Executive Officer of Brocade in January 2013 and has served as a director since February 15, 2013. Before joining Brocade, Mr. Carney served as chief executive officer and member of the board of directors of Xsigo Systems, a venture funded IO Virtualization Platform company, from January 2008 until it was acquired by Oracle Corporation in July 2012. He is also a member of the board of directors of Cypress Semiconductor Corporation where he serves as a member of the Audit Committee and the Compensation Committee, and the board of directors of Technicolor SA, where he serves as the chairman of that board’s Technology Committee. Mr. Carney holds a Bachelor of Science degree in Electrical Engineering Technology from Wentworth Institute and a Master of Science degree in Applied Business Management from Lesley College. |
Daniel Fairfax |
Mr. Daniel W. Fairfax is Chief Financial Officer, Vice President - Finance of Brocade Communications Systems, Inc., since June 20, 2011. Mr. Fairfax joined Brocade in December 2008, as the result of the Company’s acquisition of Foundry Networks, where he served as Chief Financial Officer. From January 2009 to August 2009 Mr. Fairfax served as Vice President Business Operations. From August 2009 to June 2011 Mr. Fairfax served as Vice President Global Services. Mr. Fairfax joined Foundry Networks in May 2006 as Vice President, Corporate Controller. Mr. Fairfax served as Foundry’s Chief Financial Officer between January 2007 and December 2008. Mr. Fairfax has more than 25 years of senior financial and operations management experience. Prior to joining Foundry Networks, Mr. Fairfax served as Senior Vice President and Chief Financial Officer of GoRemote Internet Communications. He also served as Chief Financial Officer of Ironside Technologies, Inc.; ACTA Technology; and NeoVista Software. Before that, Mr. Fairfax held senior financial management and operations positions at Siemens and Spectra-Physics. Mr. Fairfax holds a BA in Economics from Whitman College and an MBA from the University of Chicago, and is a Certified Public Accountant in California with an inactive license. |
Tyler Wall |
Mr. Tyler Wall is Vice President, Chief Compliance Officer, General Counsel and Corporate Secretary of Brocade Communications Systems, Inc. He has served as Vice President and General Counsel since June 2005 and as Corporate Secretary and Chief Compliance Officer since July 2005. Prior to joining Brocade, from February 2000 until June 2005, Mr. Wall served as Vice President and General Counsel of Chordiant Software, Inc., an enterprise software applications corporation, where he was also Corporate Secretary from January 2004 until June 2005. From 1998 to February 2000, Mr. Wall served as Chordiant’s Director of Legal Affairs. Prior to joining Chordiant, Mr. Wall worked at Oracle Corporation, a provider of database and application software, where he served as Corporate Counsel for the commercial licensing and distribution group. Mr. Wall received a B.S. degree in economics from the University of Utah, a J.D. from Santa Clara University School of Law, and an M.B.A. from Santa Clara University School of Business. |
Judy Bruner |
Ms. Judy Bruner is Independent Director of Brocade Communications Systems, Inc., since January 7, 2009. Ms. Bruner has been Executive Vice President, Administration and Chief Financial Officer of SanDisk Corporation, a supplier of flash storage products, since June 2004. Ms. Bruner served as Senior Vice President and Chief Financial Officer of Palm, Inc., a provider of handheld computing and communications solutions, from September 1999 until June 2004. Prior to Palm, Inc., Ms. Bruner held financial management positions with 3Com Corporation, Ridge Computers and Hewlett-Packard Company. Ms. Bruner holds a B.A. degree in economics from the University of California, Los Angeles and an M.B.A. degree from Santa Clara University. |
Renato DiPentima |
Dr. Renato A. DiPentima, Ph.D., is Independent Director of Brocade Communications Systems, Inc., since January 2007. Dr. DiPentima is the retired President and Chief Executive Officer of SRA International, a provider of technology and strategic consulting services and solutions, where he served from January 2005 until March 2007. From November 2003 to January 2005, he served as SRA’s President and Chief Operating Officer. Prior to that, Dr. DiPentima served as Senior Vice President and President of SRA’s consulting and systems integration division since the division’s formation in January 2001. From July 1997 to January 2001, he served as President of SRA’s government sector, overseeing government business, projects, and contracts. From July 1995 to July 1997, Dr. DiPentima served as Vice President and as SRA’s Chief Information Officer. Prior to joining SRA, Dr. DiPentima held several senior management positions in the U.S. federal government, most recently serving as deputy commissioner for systems at the Social Security Administration, from May 1990 to June 1995. During the last five years, Dr. DiPentima also previously served as a director for the following public company: SRA International, Inc. Dr. DiPentima also serves on several governmental and corporate advisory boards. Dr. DiPentima received a B.A. degree from New York University, an M.A. degree from George Washington University and a Ph.D. degree from the University of Maryland. He has also completed the program for Senior Managers at the John F. Kennedy School of Government at Harvard University. |
Alan Earhart |
Mr. Alan L. Earhart serves as an Independent Director of Brocade Communications Systems, Inc., since February 2009. Mr. Earhart served as a member of the Board of Directors of Foundry Networks, Inc. from August 2003 until December 2008 when Foundry was acquired by Brocade. From 1970 until he retired in 2001, Mr. Earhart held a variety of positions with Coopers & Lybrand and its successor entity, PricewaterhouseCoopers LLP, an accounting and consulting firm, including most recently as the Managing Partner for PricewaterhouseCoopers’ Silicon Valley office. Mr. Earhart also currently serves as a director for the following public companies: Rovi Corporation (formerly Macrovision Solutions Corporation) and NetApp, Inc. (formerly Network Appliance, Inc.). During the last five years, Mr. Earhart also previously served as a director for the following public companies: Quantum Corporation and Monolithic Power Systems, Inc. Mr. Earhart received a B.S. degree in accounting from the University of Oregon. |
John Gerdelman |
Mr. John W. Gerdelman is Independent Director of Brocade Communications Systems, Inc., since January 2007. From January 2010 through April 2011, Mr. Gerdelman served as the president of Long Lines Wireless in Sioux City, Iowa. From 2004 through 2010, he was the Chairman of Intelliden Corporation, a company he co-founded that provides software solutions that enable networks to operate more intelligently by automating network change management and enforcing business policy in network operations. The company was sold to IBM. From April 2002 to December 2003, Mr. Gerdelman was the Chief Executive Officer for Metromedia Fiber Networks. From January 2000 until March 2002, Mr. Gerdelman worked with several new ventures as Managing Member of Mortonsgroup LLC. From April 1999 to December 1999, he served as the President and CEO of USA.NET. From 1986 until 1999, Mr. Gerdelman held various positions with MCI Communications Corporation in Sales, Marketing, Sales Operations, Network Operations and Information Technology, including President of the Network and Information Technology Division and served as CEO of Long Lines Limited, a startup call center company, and currently serves as a director and president. Before joining MCI, Mr. Gerdelman was with Baxter Travenol Corporation in Sales Operations and served in the U.S. Navy as a Naval Aviator. Mr. Gerdelman also serves as a director of the following public companies: Sycamore Networks, Inc., an optical switching company, and Owens & Minor, Inc., a national distributor of medical and surgical supplies and healthcare supply-chain management. During the last five years, he also served as a director for the following public companies: APAC Customer Services, Inc. and Proxim. He received his B.S. degree in chemistry from the College of William and Mary, where he now serves as Chairman of their Real Estate Foundation. |
Glenn Jones |
Mr. Glenn C. Jones is Independent Director of Brocade Communications Systems, Inc., since April 2006. Mr. Jones has served as a business consultant to technology companies since 1998. Mr. Jones previously served as Chief Financial Officer of Cirrus Logic, Inc. as well as Chief Financial Officer of PMC-Sierra, Inc. Prior to these public company roles, he was Chief Financial Officer for Metaphor Computer Systems, Inc., a privately held company, and served as General Manager of Metaphor’s computer systems business which was acquired by IBM Corporation. He also was the founding Chief Financial Officer and Vice President of Operations for Gain Computer Systems, which was acquired by Sybase Corp. Mr. Jones, a Certified Public Accountant, received a B.S. degree in accounting from the University of Illinois and an M.B.A. from Golden Gate University. |
L. William Krause |
Mr. L. William Krause is Independent Director of Brocade Communications Systems, Inc., since October 2004. Mr. Krause has been President of LWK Ventures, a private investment firm since 1991. In addition, Mr. Krause served as Chairman of the Board of Caspian Networks, Inc., an IP networking systems provider, from April 2002 to September 2006 and as CEO from April 2002 until June 2004. From September 2001 to February 2002, Mr. Krause was Chairman and Chief Executive Officer of Exodus Communications, Inc. He also served as President and Chief Executive Officer of 3Com Corporation, a global data networking company, from 1981 to 1990, and as its Chairman from 1987 to 1993 when he retired. Mr. Krause currently serves as director for the following public companies: Coherent, Inc., a supplier of Photonic-based systems, and Core-Mark Holdings, Inc., a distributor of packaged consumer goods. Mr. Krause also serves as a director of CommScope, a privately held networking infrastructure company. During the last five years, Mr. Krause also previously served as a director for the following public companies: Packeteer, Inc., Sybase, Inc. and TriZetto Group, Inc. Mr. Krause holds a B.S. degree in electrical engineering and received an honorary doctorate of science from The Citadel. |
Sanjay Vaswani |
Mr. Sanjay N. Vaswani is Independent Director of Brocade Communications Systems, Inc., since April 2004. Mr. Vaswani has been a managing partner of the Center for Corporate Innovation, Inc., a professional services firm, since 1990. From 1987 to 1990 he was with McKinsey & Company. Prior to that, Mr. Vaswani was employed by Intel Corporation. Mr. Vaswani serves as a director of Blue Star Infotech Ltd., an Indian publicly traded software services firm. Mr. Vaswani earned a B.B.A. degree from the University of Texas at Austin and an M.B.A. degree from the Wharton School of Business at the University of Pennsylvania. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
David House |
-- |
Lloyd Carney |
-- |
Daniel Fairfax |
2,260,640 |
Tyler Wall |
1,472,930 |
Judy Bruner |
-- |
Renato DiPentima |
-- |
Alan Earhart |
-- |
John Gerdelman |
-- |
Glenn Jones |
-- |
L. William Krause |
-- |
Sanjay Vaswani |
-- |
As Of 26 Oct 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
David House |
0 | 0 |
Lloyd Carney |
0 | 0 |
Daniel Fairfax |
99,824 | 350,859 |
Tyler Wall |
300,000 | 485,224 |
Judy Bruner |
0 | 0 |
Renato DiPentima |
0 | 0 |
Alan Earhart |
0 | 0 |
John Gerdelman |
0 | 0 |
Glenn Jones |
0 | 0 |
L. William Krause |
0 | 0 |
Sanjay Vaswani |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
EARHART ALAN L |
25,000 | $0.00 |
VASWANI SANJAY |
25,000 | $0.00 |
JONES GLENN C |
25,000 | $0.00 |
HOUSE DAVID L |
5,000 | $0.00 |
BRUNER JUDY |
25,000 | $0.00 |
GERDELMAN JOHN W |
25,000 | $0.00 |
HOUSE DAVID L |
25,000 | $0.00 |
KRAUSE L WILLIAM |
25,000 | $0.00 |
DIPENTIMA RENATO A |
25,000 | $0.00 |
FAIRFAX DANIEL W |
12,000 | $5.75 |
FAIRFAX DANIEL W |
12,000 | $5.75 |
FAIRFAX DANIEL W |
12,000 | $5.75 |
KLAYKO MICHAEL A |
10,417 | $4.55 |
KLAYKO MICHAEL A |
10,417 | $5.27 |
KLAYKO MICHAEL A |
25,000 | $0.00 |
KLAYKO MICHAEL A |
250,000 | $5.48 |
KLAYKO MICHAEL A |
226,372 | $5.48 |
KLAYKO MICHAEL A |
250,000 | $5.84 |
KLAYKO MICHAEL A |
615,000 | $3.38 |
KLAYKO MICHAEL A |
615,000 | $5.46 |
KLAYKO MICHAEL A |
240,835 | $5.46 |
KLAYKO MICHAEL A |
250,000 | $5.48 |
FAIRFAX DANIEL W |
1,132 | $3.79 |
WALL TYLER |
1,376 | $3.79 |
KLAYKO MICHAEL A |
1,376 | $3.79 |

