People: Procera Networks Inc (PKT.O)
PKT.O on Nasdaq
14.01USD
19 Jun 2013
14.01USD
19 Jun 2013
Price Change (% chg)
$-0.11 (-0.78%)
$-0.11 (-0.78%)
Prev Close
$14.12
$14.12
Open
$14.08
$14.08
Day's High
$14.12
$14.12
Day's Low
$13.95
$13.95
Volume
165,599
165,599
Avg. Vol
366,467
366,467
52-wk High
$25.99
$25.99
52-wk Low
$10.12
$10.12
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Scott McClendon |
73 | 2007 | Independent Chairman of the Board |
James Brear |
47 | 2009 | President, Chief Executive Officer, Principal Executive Officer, Director |
Charles Constanti |
49 | 2009 | Vice President, Chief Financial Officer, Principal Financial & Accounting Officer, Secretary |
Alan Lefkof |
55 | 2012 | Director |
Douglas Miller |
55 | 2013 | Director |
Mark Pugerude |
2012 | Director | |
Staffan Hillberg |
49 | 2007 | Independent Director |
Mary Losty |
52 | 2007 | Independent Director |
Thomas Saponas |
62 | 2004 | Independent Director |
William Slavin |
66 | 2010 | Independent Director |
Paul Stich |
55 | 2010 | Independent Director |
Charles Messman |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Scott McClendon |
Mr. Scott McClendon is an Independent Chairman of the Board of Procera Networks, Inc. He has served as a member of the Board since March 2004 and as Chairman of the Board since November 2007. He is currently a member of the Audit Committee and the Compensation Committee. Mr. McClendon has been the Chairman of the Board of Directors for Overland Storage (NASDAQ: OVRL) since March 2001. He also served as Overland's interim Chief Executive Officer from November 2006 to August 2007 and its President and Chief Executive Officer from October 1991 to March 2001, and was an officer and employee until June 2001. Prior to his tenure with Overland, he was employed by Hewlett Packard Company, a global manufacturer of computing, communications and measurement products and services, for over 32 years in various positions in engineering, manufacturing, sales and marketing. He last served as the General Manager of the San Diego Technical Graphics Division and Site Manager of Hewlett Packard in San Diego, California. Mr. McClendon was a director of SpaceDev, Inc., an aerospace development company, from 2002 to 2008. Mr. McClendon holds a BSEE and an MSEE from Stanford University. |
James Brear |
Mr. James Frederick Brear is the President, Chief Executive Officer, Principal Executive Officer Director of Procera Networks, Inc. He has served as a member of the Board and as the Chief Executive Officer and President since February 2008. He is an industry veteran with more than 20 years of experience in the networking industry, and leads Procera to further the Company’s position as the leader in managing and monetizing the world’s most complex networks. From July 2006 to January 2008, Mr. Brear served as vice president of worldwide sales and support for Bivio Networks, a maker of deep packet inspection platform technology. Under his leadership, the Company rapidly expanded its worldwide sales presence, resulting in sales to a number of global Tier 1 service providers, government agencies, and Global OEMs. From September 2004 to July 2006, Mr. Brear was vice president of worldwide sales for Tasman Networks (acquired by Nortel), a maker of converged WAN solutions for enterprise branch offices and service providers. In addition, he spent five years with Cisco Systems where he held senior management positions in Europe and North America with responsibility for delivering more than $750M in annual revenues selling into the world’s service providers. Previously, Mr. Brear held a variety of sales management positions at both IBM and Sprint Communications. Mr. Brear holds a BA from the University of California at Berkeley. |
Charles Constanti |
Mr. Charles Constanti is the Vice President, Chief Financial Officer, Principal Financial & Accounting Officer, Secretary of Procera Networks, Inc. He has over 25 years of public company financial experience. Most recently, Mr. Constanti was the vice president and CFO of Netopia, Inc., a telecommunications equipment and software company, from April 2005 until its acquisition in February 2007 by Motorola, Inc., where he held a senior finance position until May 2009. From May 2001 to April 2005, Mr. Constanti was the vice president and corporate controller of Quantum Corporation, for which he earlier served in different accounting and finance positions since January 1997. Previously, Mr. Constanti held various finance positions at BankAmerica Corporation and was an auditor for PricewaterhouseCoopers. Mr. Constanti is a certified public accountant. He earned a B.S., magna cum laude, in Accounting from Binghamton University. |
Alan Lefkof |
Mr. Alan B. Lefkof has been appointed as Director of Procera Networks, Inc., effective August 27, 2012. Mr. Lefkof most recently serving as corporate vice president and general manager at Motorola, Inc. and then at its spinoff, Motorola Mobility Holdings, Inc., where he led the Broadband Solutions Group from 2007 through 2010 and then the Software Solutions Group until February 2012. Prior to that, he served as a director and as president and chief executive officer of Netopia, Inc., a developer of broadband networking equipment and carrier-class software for the remote management of broadband services until its acquisition by Motorola in February 2007. Prior to Netopia, Mr. Lefkof served as president of Farallon Communications Inc., a local area networking company. He was also president of the GRiD Division of Tandy Corporation, where he led the enterprise division for personal computers and laptops. Mr. Lefkof began his career at global management consulting firm McKinsey & Company, Inc. |
Douglas Miller |
Mr. Douglas S. Miller has been appointed as Director of Procera Networks, Inc., effective May 30, 2013. He served as senior vice president, chief financial officer and treasurer of Telenav, Inc., a wireless application developer specializing in personalized navigation services, from May 2006 until June 2012, and worked as a consultant for the company from June 2012 to December 2012. During his time at Telenav, Inc., Mr. Miller led the May 2010 IPO of the company. From July 2005 to May 2006, Mr. Miller served as vice president and chief financial officer of Longboard, Inc., a privately held provider of software products for the telecommunications industry. From October 1998 to July 2005, Mr. Miller held various management positions at Synplicity, Inc., a publicly traded electronic design automation software company acquired by Synopsys, Inc., including senior vice president of finance and chief financial officer. Mr. Miller also served as vice president and chief financial officer of 3DLabs, Inc., a publicly held graphics semiconductor company, from April 1997 to May 1998, and as a partner at Ernst & Young LLP, a professional services organization, from October 1991 to April 1997. Mr. Miller is a certified public accountant (inactive). He holds a B.S.C. in Accounting from Santa Clara University. |
Mark Pugerude |
|
Staffan Hillberg |
Mr. Staffan E.S. Hillberg is an Independent Director of Procera Networks, Inc. He is currently a member of the Compensation Committee and the Nominating and Corporate Governance Committee. Mr. Hillberg is currently the Chief Executive Officer of Wood & Hill Investment AB, a private equity group based in Sweden, and has served in this capacity since 2008. From 2006 to 2008, he served as Chief Executive Officer of Scandinavian Financial Management AB, an investment firm in Sweden. From 2004 to 2006, he held the position of Managing Partner at the MVI Group, one of the and oldest business angel networks in Europe with over 175 million Euros invested in 75 companies internationally. While at MVI he oversaw a number of exits, among them two initial public offerings in 2006 on the AIM exchange in London as well as an initial public offering on the Swiss Stock Exchange. From 2000 to 2003, he ran a local venture capital company as well as co-founded and was the Chief Executive Officer of the computer security company AppGate, from 1998 to 2000, with operations in Europe and the USA, raising US$20M from ABN Amro, Deutsche Telecom and GE Equity. From 1996 to1998, he was also responsible for the online activities of the Bonnier Group, the media group in Scandinavia, spearheading their internet activities and heading up their sponsorship of MIT Media Lab. Earlier he was the QuickTime Product Manager at Apple in Cupertino, California and before this Multimedia Evangelist with Apple Computer Europe in Paris, France, for two years. Mr. Hillberg attended the M.Sc. program at Chalmers University of Technology in Sweden and has an MBA from INSEAD in France. |
Mary Losty |
Ms. Mary M. Losty is an Independent Director of Procera Networks, Inc. She is currently a member of the Audit and Nominating and Corporate Governance Committees. Ms. Losty retired in 2010 as the General Partner at Cornwall Asset Management, LLC, a portfolio management firm located in Baltimore, Maryland, where she was responsible for the firm’s investment in numerous companies since 1998. Ms. Losty’s prior experience includes working as a portfolio manager at Duggan & Associates from 1992 to 1998 and as an equity research analyst at M. Kimelman & Company from 1990 to 1992. Prior to that she worked as an investment banker at Morgan Stanley and Co., and for several years prior to that she was the top aide to James R. Schlesinger, a five-time U.S. cabinet secretary. Ms. Losty received both her BS and JD from Georgetown University, the latter with magna cum laude distinction. She is a member of the American Bar Association and a commissioner for Cambridge, Maryland’s Planning and Zoning Commission. Ms. Losty sits on the board of directors of the American Board of the United Nations University for Peace, an institution which enjoys the exclusive status of being sanctioned by all 192 member states of the United Nations, and was a director of Blue Earth, Inc. (formerly Genesis Fluid Solutions Holdings, Inc.) from 2009 to 2011. Ms. Losty was also a director of TWL Corporation from 2008 to 2009. |
Thomas Saponas |
Mr. Thomas A. Saponas is an Independent Director of Procera Networks, Inc. He is currently a member of the Audit Committee and the Compensation Committee. Mr. Saponas served as the Senior Vice President and Chief Technology Officer of Agilent Technologies, Inc. (NYSE: A) from August 1999 until he retired in October 2003. Prior to being named Chief Technology Officer, from June 1998 to April 1999, Mr. Saponas was Vice President and General Manager of Hewlett-Packard's Electronic Instruments Group. Mr. Saponas has held a number of positions since the time he joined Hewlett-Packard. Mr. Saponas served as General Manager of the Lake Stevens Division from August 1997 to June 1998 and General Manager of the Colorado Springs Division from August 1989 to August 1997. In 1986, he was a White House Fellow in Washington, D.C. Mr. Saponas has a BSEE/CS (Electrical Engineering and Computer Science) and an MSEE from the University of Colorado. Mr. Saponas is a director of nGimat, a nanotechnology company, and was a director of Keithley Instruments (NYSE: KEI), an electronic instruments company, from 2004 to 2010. |
William Slavin |
Mr. William Edward Slavin is an Independent Director of Procera Networks Inc. He is currently a member of the Nominating and Corporate Governance Committee. Mr. Slavin served in various executive positions at International Business Machines Corporation (NYSE: IBM) from 1993 until he retired in June 2005 from his position as Vice President, with responsibility for acquisitions and divestitures for the new Business Consulting Services. During his service at IBM, Mr. Slavin helped establish the business consulting and systems integration business, held executive positions in the US, Asia and Europe, and served on IBM’s Corporate Senior Leadership Team and the Global Management Board for Business Consulting Services, the organization formed with the acquisition of PricewaterhouseCoopers Consulting. Prior to joining IBM, Mr. Slavin was a partner with KPMG, where he was responsible for the western US technology consulting practice. Earlier, he founded Slavin Associates, a technology consulting firm, which was merged into Peat Marwick. Prior to Slavin Associates, he was a Principal with A.T. Kearney, and held technical management positions with Control Data Corporation and Lockheed Missiles and Space Co. Mr. Slavin earned an MBA from the University of Santa Clara and a BA from Claremont McKenna College with majors in economic theory and mathematics. |
Paul Stich |
Mr. Paul J. Stich is an Independent Director of Procera Networks Inc. He is currently a member of the Audit Committee. From July 2010 to February 2012, Mr. Stich was the President and Chief Executive Officer of Dasient, Inc. until its acquisition by Twitter. From January 2010 to June 2010, Mr. Stich was the vice president of Global Telecommunication Solutions at McAfee. From 2003 to 2009, Mr. Stich was the chief executive officer of Counterpane Internet Security and subsequently BT Counterpane following its acquisition by British Telecom. From September 2001 to November 2002, Mr. Stich was the Chief Executive Officer of Peak XV Networks. From May 1999 to September 2001, Mr. Stich was the co-founder, President and Chief Executive Officer of Groundswell, an internet consulting firm. Prior to starting Groundswell, he was the vice president of global services at IBM responsible for the telecommunications, media, entertainment, and utility industries for North and South America. Before that, Mr. Stich was a partner in the management consulting practice at KPMG. Mr. Stich earned an MBA from the University of Notre Dame and a BS from Saint Mary’s College of California. |
Charles Messman |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Scott McClendon |
-- |
James Brear |
1,213,780 |
Charles Constanti |
718,310 |
Alan Lefkof |
-- |
Douglas Miller |
-- |
Mark Pugerude |
-- |
Staffan Hillberg |
-- |
Mary Losty |
-- |
Thomas Saponas |
-- |
William Slavin |
-- |
Paul Stich |
-- |
Charles Messman |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Scott McClendon |
0 | 0 |
James Brear |
18,250 | 95,791 |
Charles Constanti |
0 | 0 |
Alan Lefkof |
0 | 0 |
Douglas Miller |
0 | 0 |
Mark Pugerude |
0 | 0 |
Staffan Hillberg |
0 | 0 |
Mary Losty |
0 | 0 |
Thomas Saponas |
0 | 0 |
William Slavin |
0 | 0 |
Paul Stich |
0 | 0 |
Charles Messman |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
BREAR JAMES FREDERICK |
2,750 | $5.00 |
BREAR JAMES FREDERICK |
2,750 | $15.00 |
HILLBERG STAFFAN |
3,043 | $0.00 |
SAPONAS THOMAS A |
3,043 | $0.00 |
LEFKOF ALAN B |
3,043 | $0.00 |
SLAVIN WILLIAM EDWARD |
3,043 | $0.00 |
MCCLENDON SCOTT |
3,043 | $0.00 |
LOSTY MARY MARGARET |
3,043 | $0.00 |
MILLER DOUGLAS S |
3,043 | $0.00 |
BREAR JAMES FREDERICK |
2,750 | $5.00 |
BREAR JAMES FREDERICK |
2,750 | $17.07 |
BREAR JAMES FREDERICK |
2,750 | $5.00 |
BREAR JAMES FREDERICK |
2,750 | $19.26 |
BREAR JAMES FREDERICK |
25,000 | $0.00 |
CONSTANTI CHARLES |
10,000 | $0.00 |
CONSTANTI CHARLES |
5,000 | $6.90 |
CONSTANTI CHARLES |
5,000 | $22.86 |
CONSTANTI CHARLES |
5,000 | $6.90 |
CONSTANTI CHARLES |
5,000 | $23.38 |
HUEBNER ELIZABETH J |
1,959 | $0.00 |
CONSTANTI CHARLES |
5,000 | $6.90 |
BREAR JAMES FREDERICK |
2,750 | $5.00 |
CONSTANTI CHARLES |
5,000 | $22.42 |
BREAR JAMES FREDERICK |
2,750 | $22.27 |
SAPONAS THOMAS A |
44,443 | $22.00 |
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