People: Clearone Inc (CLRO.OQ)

CLRO.OQ on NASDAQ Stock Exchange Capital Market

9.66USD
19 Nov 2014
Price Change (% chg)

$-0.19 (-1.93%)
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$9.85
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$9.65
Volume
1,026
Avg. Vol
5,038
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$14.30
52-wk Low
$7.47

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Summary

Name Age Since Current Position

Zeynep Hakimoglu

60 2009 Chairman of the Board, President, Chief Executive Officer

Michael Braithwaite

45 2011 Senior Vice President - Technology, Chief Strategy Officer

Narsi Narayanan

43 2009 Vice President - Finance, Corporate Secretary

David Moss

2014 Vice President - Sales, Video Collaboration Products & Services

Dan Acquafredda

2014 Vice President - Global Business Development, Media Collaboration

Brad Baldwin

58 2013 Lead Independent Director

Larry Hendricks

70 2003 Independent Director

Scott Huntsman

48 2003 Independent Director

Biographies

Name Description

Zeynep Hakimoglu

Ms. Zeynep Hakimoglu is Chairman of the Board, President, Chief Executive Officer of ClearOne Communications, Inc. She has served as a director of company since April 2006. Ms. Hakimoglu joined our company in December 2003 with more than 15 years of executive and senior-level, high-tech management experience and was appointed as President and Chief Executive Officer in July 2004 and Chairman of the Board in July 2007. She served in a variety of executive business development, product marketing, engineering and product line management roles prior to joining ClearOne. Ms. Hakimoglu served as Vice President of Product Line Management for Oplink Communications, a publicly traded developer of fiber optic subsystems and components from December 2001 to December 2002; President of OZ Optics USA, a manufacturer of fiber optic test equipment and components from August 2000 to November 2001; and various management positions including Vice President of Wireless Engineering and Vice President of the Wireless Business Unit for Aydin Corp., a telecommunications equipment company, formerly traded on the New York Stock Exchange, from May 1982 until it was acquired in September 1996. She also was Vice President of Business Development for Kaifa Technology from October 1998 to August 2000 and was instrumental in its acquisition by E-Tek Dynamics, then again acquired by JDS Uniphase. Through these acquisitions, she held the role of Deputy General Manager of the Kaifa Technology business unit. She also served as Vice President of Product Line Management for ClearOne from December 2003 to July 2004. Ms. Hakimoglu earned a Bachelor of Science Degree in Physics from California State College, Sonoma, and a Master’s Degree in Physics from Drexel University. In light of Ms. Hakimoglu’s rich experience in the high-tech industry and her unique and extensive understanding of ClearOne’s business, our Board has concluded that Ms. Hakimoglu should continue to serve as a director.

Michael Braithwaite

Mr. Michael E. Braithwaite is Chief Strategy Officer of ClearOne Communications, Inc. He joined the Company in November 2009 through the acquisition of NetStreams, Inc. where he was the co-founder and CTO since 2004. Mr. Braithwaite has led a distinguished twenty-year career as a visionary, disruptive innovator, and proven leader in the professional audio and consumer electronics industries. He has authored more than twenty U.S. and International patents. Before NetStreams, Inc., Mr. Braithwaite was a product and market manager for Crestron Electronics. He currently serves as a Chairman on the Consumer Electronics Association’s R10 working group technical committees and is active member in technology standard efforts.

Narsi Narayanan

Mr. Narsi Narayanan is Vice President - Finance, Corporate Secretary of ClearOne Communications, Inc. Mr. Narayanan has served as Vice President of Finance since July 2009 and has over 15 years of professional experience in the areas of accounting, finance and taxes. Prior to joining our company, he managed the SEC reporting, US GAAP accounting research, Sarbanes-Oxley Act (“SOX”) compliance and other financial reporting functions from August 2007 through February 2009 at Solo Cup Company, a publicly-reporting international consumer products company. Prior to that, Mr. Narayanan managed the accounting and finance functions, including SEC Reporting, SOX compliance and US GAAP accounting research, from June 2004 through August 2007 at eCollege.com, a leading technology company serving private educational institutions, which was also a publicly-reporting company before being acquired by Pearson Education group. In addition to being a Chartered Accountant, Mr. Narayanan has extensive experience working in public accounting and in various senior finance positions in India with large public companies. He is a Certified Public Accountant with graduate degrees in accounting (M. Acc.) and business (MBA-Finance).

David Moss

Mr. David Moss is the Vice President - Sales, Video Collaboration Products & Services of the Company. Moss has been involved in the visual communications market since the late 1990s. Prior to joining ClearOne he held senior leadership roles at Cisco, Siemens, VCON, and Tely Labs. Moss received his Bachelor of Arts Degree in Speech Communications from State College of New Jersey.

Dan Acquafredda

Mr. Dan Acquafredda is Vice President - Global Business Development, Media Collaboration of the Company. Previously, he was ClearOne's Director of Business Development for Media Collaboration in the North American region. Acquafredda originally joined ClearOne in June, 2014 from Mile25 Consulting in Matawan, NJ, where he specialized in planning, directing, and coordinating the monetization of global technology products and services. Acquafredda has a 30-year track record in technology, driving value for successful organizations such as Amdahl, Crescendo Networks, Diebold, FuzeBox, Madge Networks, Radvision, Sprint, Starbak, and Vidyo in various roles ranging from systems engineer to applications engineer, worldwide sales manager, senior vice president of global sales, and vice president of business development.

Brad Baldwin

Mr. Brad R. Baldwin is Lead Independent Director of ClearOne Communications, Inc., since 2013.Mr. Baldwin served as a Independent director of company since October 1988 to 2013. Mr. Baldwin is an attorney licensed to practice in Utah. Since April 2009, Mr. Baldwin has served as general counsel to the Wasatch Front Regional Multiple Listing Service (“WFRMLS”). The WFRMLS currently assists over 10,000 brokers, agents and appraisers with their MLS needs and services. Mr. Baldwin is a Director and Vice-Chairman of First Utah Bank, a community bank based in Utah. From April 2001 to April 2009, he served as an attorney and investment real estate specialist with the commercial real estate business with Commerce CRG in Salt Lake City, Utah. From 1988 to 2000, he served as legal counsel and president of Bank One, Utah. He also practiced business, corporate and real estate law for ten years in Salt Lake City. He has a degree in finance from the University of Utah and a law degree from the University of Washington. He has served on the board of many community organizations, including the Salt Lake Area Chamber of Commerce, the Utah Bankers Association, and the Economic Development Corporation of Utah. In light of Mr. Baldwin’s legal background and unique understanding of our business due to his long service on our Board, the Board has concluded that Mr. Baldwin should continue to serve as a director.

Larry Hendricks

Mr. Larry R. Hendricks is Independent Director of ClearOne Communications, Inc., since June 2003. Mr. Hendricks is a Certified Public Accountant who retired in December 2002 after serving as Vice President of Finance and General Manager of Daily Foods, Inc., a national meat processing company. Mr. Hendricks has served on the National Advisory Board of Utah State University College of Business since 2006. During his 30-year career in accounting, he served as a self-employed CPA and worked for the international accounting firm Peat Marwick & Mitchell. Mr. Hendricks has served on the boards of eight other organizations, including Tunex International, Habitat for Humanity, Daily Foods, and Skin Care International. He earned a Bachelor’s Degree in Accounting from Utah State University and a Master of Business Administration Degree from the University of Utah. In light of Mr. Hendricks’ background in finance and accounting and his deep understanding of our business after his service on our Board, the Board has concluded Mr. Hendricks should continue to serve as a director.

Scott Huntsman

Mr. Scott M. Huntsman is Independent Director of ClearOne Communications, Inc., since June 2003. Mr. Huntsman has served as President of GlobalSim, a technology and simulation company, since February 2003, and as Chief Financial Officer from April 2002 to February 2003. Prior to joining GlobalSim, he spent 11 years on Wall Street as an investment banker, where he focused on mergers, acquisitions, and corporate finance transactions. Mr. Huntsman served at Donaldson, Lufkin and Jenrette Securities Corporation from August 1996 to 2000, when they merged with Credit Suisse First Boston where he served until October 2001. Mr. Huntsman serves as Treasurer, Board Member and Member of the Executive Committee for Ballet West, as well as a Board Member of the Utah Community Foundation and the Gifted Music School. Mr. Huntsman earned a Bachelor’s Degree from Columbia University and a Master of Business Administration Degree from The Wharton School at the University of Pennsylvania. He also studied at the London School of Economics as a Kohn Fellowship recipient. In light of Mr. Huntsman’s background in finance and particularly in the areas of mergers and acquisitions and corporate finance, and in view of his experience as a leader of a technology company, the Board has concluded Mr. Huntsman should continue to serve as a director.

Basic Compensation

Name Fiscal Year Total

Zeynep Hakimoglu

868,388

Michael Braithwaite

196,275

Narsi Narayanan

336,940

David Moss

--

Dan Acquafredda

--

Brad Baldwin

--

Larry Hendricks

--

Scott Huntsman

--
As Of 30 Dec 2013

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