People: Network Engines, Inc. (NENG.O)

NENG.O on Consolidated Issue listed on NASDAQ Global Market

1.53USD
10:35am EST
Price Change (% chg)

$-0.01 (-0.65%)
Prev Close
$1.54
Open
$1.53
Day's High
$1.55
Day's Low
$1.51
Volume
18,231
Avg. Vol
273,291
52-wk High
$1.72
52-wk Low
$0.35

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Summary

Name Age Since Current Position
Shortell, Gregory 65 2006 President, Chief Executive Officer, Director
Bryant, Douglas 52 2006 Chief Financial Officer, Treasurer, Secretary
Cone, Charles 53 2008 Senior Vice President - Sales and Marketing
Graber, Richard 49 2008 Senior Vice President - Engineering and Operations
Blaeser, John 68 2008 Lead Director
Kirshy, Dennis 67 1997 Director
Wadsworth, Robert 49 1999 Director
Richardson, Fontaine 68 2002 Director
Haroian, Gary 58 2003 Director
Foley, Charles 48 2007 Director
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Biographies

Name Description
Shortell, Gregory Mr. Gregory A. Shortell has served as President, Chief Executive Officer and as a Director of Network Engines Inc. since January 2006. Prior to joining the Company, Mr. Shortell was, from February 1998 to January 2006, Senior Vice President, Global Sales and Marketing, for Nokia Corporation, a multinational technology corporation. Prior to Nokia, Mr. Shortell served, from June 1997 to February 1998, as Managing Director of International Operations for Ipsilon Networks, Inc., a provider of network communications equipment, and, from March 1992 to June 1997, as Vice President, International at Xyplex Corporation, a provider of networking equipment.
Bryant, Douglas Mr. Douglas G. Bryant has served as Secretary of Network Engines Inc. since March 2000, Treasurer of the Company since January 1998 and Chief Financial Officer of the Company since September 1997. He was also Vice President of Finance and Administration between March 2000 and December 2006. Prior to joining NEI, Mr. Bryant served as Chief Financial Officer of CrossComm Corporation, a manufacturer of internetworking products, including routers and switches, from July 1996 to June 1997, and as Corporate Controller from September 1989 to June 1996.
Cone, Charles Mr. Charles N. Cone, III has served as Senior Vice President of Sales and Marketing of Network Engines Inc. since August 2008. He joined Alliance Systems in January 1999 as President. He became Senior Vice President of Operations of the Company in October 2007 upon acquisition of Alliance Systems. Previously, he served as Vice President of M&S Systems, a consumer electronics manufacturer. In addition, he held management positions at Texas Instruments and Marlow Industries, a winner of the 1991 Malcolm Baldrige National Quality Award.
Graber, Richard Mr. Richard P. Graber joined Network Engines Inc. in October 2003 as Vice President of Engineering and Operations, and later became Senior Vice President of Engineering and Operations of the Company in August 2008. Prior to joining the Company, Mr. Graber was the Vice President of Engineering and Operations at Jedai Broadband Networks, Inc., a developer of access technology for broadband providers. Prior to Jedai Broadband Networks, Mr. Graber was Vice President of Engineering for ViaGate Technologies, Inc. from November 2000 to August 2001. Prior to joining ViaGate Technologies, Mr. Graber held senior engineering positions at Dialogic, an Intel company, from June 1988 to October 2000.
Blaeser, John Mr. John A. Blaeser has served as Director of Network Engines Inc. since October 1999 and was named Lead Director of the Company in March 2008. Currently, Mr. Blaeser is a consultant and corporate director. From January 1996 until June 2005, Mr. Blaeser served as President, Chief Executive Officer and Chairman of the Board of Concord Communications Inc., a maker of e-business management solutions. Mr. Blaeser served as Managing General Partner of EG&G Venture Partners from January 1990 to December 1995. Mr. Blaeser is a director of several privately held technology companies.
Kirshy, Dennis Mr. Dennis A. Kirshy has served as Director of Network Engines Inc. since July 1997. Mr. Kirshy is a private investor and has advised and invested in small technology companies in the networking, internetworking and computer industries since February 1993. Mr. Kirshy is a director of several privately held companies in the networking, telecommunications and software markets.
Wadsworth, Robert Mr. Robert M. Wadsworth has served as Director of Network Engines Inc. since December 1999. He has been a Managing Director of HarbourVest Partners, LLC since January 1997 and Managing Director of Hancock Venture Partners, Inc. since 1989. Both HarbourVest Partners and Hancock Venture Partners are global private equity firms investing in industrial and information technology companies worldwide, and are under common control. HarbourVest Partners is an affiliate of ours (see "Stock Ownership of Directors, Officers and Greater-Than-5%-Stockholders"). Mr. Wadsworth is a member of the board of directors of several domestic and international private companies, as well as Trintech Group PLC, a publicly held provider of transaction management software and Vocaltec Communications Ltd., a publicly held provider of VOIP infrastructure products.
Richardson, Fontaine Mr. Fontaine K. Richardson has served as Director of Network Engines Inc. since October 2002. Mr. Richardson is a consultant and private investor. From 1983 to 2000, Mr. Richardson was a General Partner of Eastech Management Company, a venture capital management company. Mr. Richardson also co-founded Applicon, Inc. and is a director of Mentor Graphics Corporation, a publicly held company.
Haroian, Gary Mr. Gary E. Haroian has served as Director of Network Engines Inc. since June 2003. Mr. Haroian has provided consulting and advisory services to technology companies since December 2002. From April 2000 to December 2002, Mr. Haroian held a variety of senior management positions, including roles as Chief Financial Officer, Chief Operating Officer and interim Chief Executive Officer, at Bowstreet Software, a provider of development tools for web applications. Prior to Bowstreet, he served as Senior Vice President of Finance and Administration and Chief Financial Officer at Concord Communications, Inc., a maker of e-business management solutions, from February 1997 to April 2000. He also served as Chief Financial Officer, President and Chief Operating Officer, and Chief Executive Officer of Stratus Computer, Inc., a manufacturer of fault tolerant computers, from 1983 to 1996. Mr. Haroian is a director of Unica Corp., Aspen Technology, Inc., Phase Forward, Inc., and A123 Systems, Inc., all publicly held companies, and is also a director of Allegro Development Corp., a privately held company.
Foley, Charles Mr. Charles A. Foley has served as Director of Network Engines Inc. since September 2007. Mr. Foley currently serves as Chief Executive Officer of TimeSight Systems, Inc. (formerly known as Digital Ocular Networks, Inc.), a company that provides hi-resolution video surveillance systems. From July 2004 to November 2006, Mr. Foley served as President of Tacit Networks, Inc., a provider of WAN optimization technology for wide area file services and from November 2001 to July 2004 served as the Chairman and Chief Executive Officer of Infinicon Systems, Inc., a provider of network switches. Mr. Foley is a director of Critical Links, S.A. and Delphine Group International, both privately held companies.

Basic Compensation

Name Fiscal Year Total
Shortell, Gregory 767,533
Bryant, Douglas 298,885
Cone, Charles 492,786
Graber, Richard 280,969
Blaeser, John --
Kirshy, Dennis --
Wadsworth, Robert --
Richardson, Fontaine --
Haroian, Gary --
Foley, Charles --
As Of 29 Sep 2009

Options Compensation

Name Options Value
Shortell, Gregory 1,451,782 1,103,350
Bryant, Douglas 540,000 497,175
Cone, Charles 0 0
Graber, Richard 495,000 50,250
Blaeser, John 0 0
Kirshy, Dennis 0 0
Wadsworth, Robert 0 0
Richardson, Fontaine 0 0
Haroian, Gary 0 0
Foley, Charles 0 0

Insider Trading

Name Shares Traded Price
CONE CHARLES N III 4,000 $1.39
SHORTELL GREGORY A 1,000 $1.41
CONE CHARLES N III 2,000 $1.35
GRABER RICHARD P 4,000 $1.50
CONE CHARLES N III 2,900 $1.21
GRABER RICHARD P 2,964 $1.25
GRABER RICHARD P 2,000 $1.25
CONE CHARLES N III 21,600 $1.19
CONE CHARLES N III 3,900 $1.03
CONE CHARLES N III 24,500 $1.01
GRABER RICHARD P 4,000 $1.00
SHORTELL GREGORY A 11,857 $0.35
SHORTELL GREGORY A 7,000 $0.35
SHORTELL GREGORY A 410 $0.30
SHORTELL GREGORY A 1,433 $0.28
SHORTELL GREGORY A 15,000 $0.28
SHORTELL GREGORY A 10,000 $1.18
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