People: Telecommunication Systems Inc (TSYS.O)
TSYS.O on Nasdaq
2.17USD
19 Jun 2013
2.17USD
19 Jun 2013
Price Change (% chg)
$-0.06 (-2.69%)
$-0.06 (-2.69%)
Prev Close
$2.23
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Open
$2.25
$2.25
Day's High
$2.25
$2.25
Day's Low
$2.15
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Volume
134,568
134,568
Avg. Vol
167,637
167,637
52-wk High
$2.70
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52-wk Low
$1.10
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Maurice Tose |
55 | 1987 | Chairman of the Board, President, Chief Executive Officer |
Thomas Brandt |
60 | 2009 | Chief Financial Officer, Senior Vice President, Director |
Richard Young |
65 | 2009 | Chief Operating Officer, Executive Vice President, Director |
Drew Morin |
51 | 1995 | Senior Vice President, Chief Technology Officer |
Timothy Lorello |
54 | 2011 | Senior Vice President, Chief Marketing Officer |
James Bethmann |
57 | 2006 | Independent Director |
Jan Huly |
64 | 2009 | Independent Director |
A. Reza Jafari |
66 | 2010 | Independent Director |
Jon Kutler |
56 | 2011 | Independent Director |
Weldon Latham |
65 | 1999 | Independent Director |
Scott Liolios |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Maurice Tose |
Mr. Maurice B. Tose is Chairman of the Board, President and Chief Executive Officer of TeleCommunication Systems, Inc., since 1987. Prior to founding TCS, Mr. Tosé was the Director of Department of Defense Programs for Techmatics, Inc. Mr. Tosé graduated from the United States Naval Academy with a Bachelor of Science degree in operations analysis. Following his graduation, he served on active duty in the United States Navy for eight years, three and a half of which were as an instructor at the U.S. Naval Academy. He retired from the Navy Reserve as a commander after 30 years of combined active and reserve service. Mr. Tosé serves on the board of directors of the U.S. Naval Academy Foundation. He also serves as a member of the Federal Communications Commission’s (FCC) Communications Security, Reliability, and Interoperability Council (CSRIC) and is a member of the Maryland Governor’s International Advisory Council. |
Thomas Brandt |
Mr. Thomas M. Brandt, Jr., is Chief Financial Officer, Senior Vice President, Director of TeleCommunication Systems, Inc. He joined TCS in 1997. As Senior Vice President and Chief Financial Officer, he is responsible for the Company’s financial management, reporting, controls, accounting, and administration. He joined the TCS board of directors in 2009. Prior to TCS, he served as Chief Financial Officer of internet service provider Digex, Inc., where he helped lead an IPO. Mr. Brandt previously had been CFO and corporate controller for several other corporations, including a Fortune 500 New York Stock Exchange company. He began his career as an auditor at Price Waterhouse where he worked for 12 years. Mr. Brandt also serves on the boards of Antenna Research Associates, a private communications technology company, and TechAmerica (formerly AeA), the US IT trade association. Mr. Brandt is a Certified Public Accountant. He earned an AB from Duke University I management science and an MBA from the Wharton School of the University of Pennsylvania. |
Richard Young |
Mr. Richard A. Young is Chief Operating Officer, Executive Vice President, Director of TeleCommunication Systems, Inc. He joined TCS in 1992 and was elected to the Company’s board of directors in 2009. He has experience in technology management with technical experience in hardware and software lifecycle program management. Prior to joining TCS, Mr. Young worked as Senior Manager for ICF Information Technology, Inc., where he was responsible for managing technical staff in designing and developing applications to customer specifications. From 1986 to 1989, Mr. Young was Director of the Information Systems Department of the Navy Recruiting Command, where he managed the technical team responsible for the information management requirements of the nationwide recruiting force. He retired in 1989 from 20 years active duty service in the U.S. Navy where he was a helicopter pilot, including piloting missions during the Vietnam conflict. Mr. Young holds a Bachelor of Science degree in engineering from the U.S. Naval Academy and a Master of Science degree in information technology from the Naval Postgraduate School. |
Drew Morin |
Mr. Drew A. Morin is Senior Vice President and Chief Technology Officer of TeleCommunication Systems, Inc. Mr. Morin joined the company in 1988, assuming responsibility for the technical direction and coordination of TCS’ development activities across business units. |
Timothy Lorello |
Mr. Timothy J. Lorello is Senior Vice President, Chief Marketing Officer of TeleCommunication Systems Inc. In 2002, Mr. Lorello assumed responsibility for positioning and product management, marketing communications, branding activities, and product strategy for all of the products and services. Mr. Lorello joined the company in 1995 to head the network intelligence application software group where he was responsible for the marketing and development of software applications and services sold to wireless carriers. From 2007 until mid-2011, Mr. Lorello also held responsibility for sales initiatives for the commercial software business. |
James Bethmann |
Mr. James M. Bethmann is an Independent Director of TeleCommunication Systems, Inc., since April 2006. He is a Managing Partner of The Caldwell Partners International, a retained executive search firm, and previously served as President of Recognition International, a supplier of high-performance document recognition systems, image, and workflow software solutions to leading businesses in the Americas, the Pacific Rim, and Europe. Additional prior executive search positions include Vice Chairman of Highland Partners; Managing Director of Heidrick and Struggles; Managing Director and Co-Lead of Korn/Ferry International’s Advanced Technology practice in North America; and Lead for Russell Reynolds Associates’ Southwest Technology Practice. Mr. Bethmann began his career in the United States Navy, achieving the rank of Lieutenant Commander. He holds a Bachelor of Science degree from the U.S. Naval Academy, for which institution he is a former board trustee. |
Jan Huly |
Retired Lieutenant General Jan C. Huly is an Independent Director of TeleCommunication Systems, Inc., since January 2009. Lt. Gen. Huly retired from the Marine Corps in 2006 after nearly 37 years of service. In his last assignment as Deputy Commandant, Plans, Policies and Operations, Lt. Gen. Huly was the principal operations officer for the Marine Corps. This included staff coordination for operational matters, combat readiness, and security. Lt. Gen. Huly is a member of the Department of Defense’s Defense Science Board and is a board member for the Marine Corps Scholarship Foundation. He holds a Bachelor of Arts degree from the University of California, Berkeley, and a Master of Arts degree from Central Michigan University. |
A. Reza Jafari |
Mr. A. Reza Jafari is an Independent Director of TeleCommunication Systems, Inc., since August 2010. He is currently the Chairman and CEO of e-Development International, a Washington D.C.-based executive advisory group that promotes, facilitates and participates in Information and Communication Technology initiatives for Social Entrepreneurships and Public Private Partnerships worldwide. He is the Chairman of the Board of Directors of ITU TELECOM (International Telecommunication Union, a UN Agency); a board member of GSMA Ltd., a wholly owned subsidiary of GSM Association; an advisory board member of Digital Health Initiative, the Chairman of the Board of the India, China and America Institute (ICAI) and a member of the Governor’s Council for International Business, Maryland. Mr. Jafari has more than thirty-five years experience in the IT services, telecommunications, media and entertainment, and education industries. His experience includes mobile health, mobile value-added services, satellite communications, cyber security, IT services and IP communications. Previously, Mr. Jafari held various senior executive positions at Electronic Data Systems Corporation, NeuStar Corporation and was Founder, President and CEO of the Satellite Conference Network and the Bankers-TV Network. He holds an MBA and ABD (PhD) in Instructional Systems Technology from Indiana University. |
Jon Kutler |
Mr. Jon B. Kutler is an Independent Director of TeleCommunication Systems Inc., since February 2011. He is currently chairman and CEO of Admiralty Partners, a private equity investment firm. After service in the U.S. Navy and nearly a decade on Wall Street, Mr. Kutler founded Quarterdeck Investment Partners, an international investment bank focused on the global aerospace and defense markets. He sold Quarterdeck to Jefferies & Company in 2002 to focus on private equity investments under Admiralty Partners. Mr. Kutler is an investor, investment banker and has experience in the aerospace and defense industries. He is a Trustee of the California Institute of Technology, where he serves as vice chairman of the Jet Propulsion Laboratory and as a member of the Technology Transfer Committee. Mr. Kutler is a graduate of the United States Naval Academy and holds a Bachelor of Science degree in Naval Architecture. He received his Masters of Business Administration from Harvard University. |
Weldon Latham |
Mr. Weldon H. Latham is an Independent Director of TeleCommunication Systems, Inc., since December 1999. Mr. Latham is currently a senior partner at the law firm of Jackson Lewis LLP. Since 1986, Mr. Latham has been a senior partner with various law firms including Davis Wright Tremaine, Holland & Knight, Shaw Pittman, and Reed Smith. Mr. Latham was Vice President and General Counsel for Sterling Systems Inc., a software company subsequently acquired by Planning Research Corporation (PRC). He became Executive Assistant and Counsel to PRC’s Chairman and CEO. He also served as General Deputy Assistant Secretary for the U.S. Department of Housing and Urban Development, and previously as Assistant General Counsel, White House Office of the Air Force Secretary, General Counsel’s Honors Program. Mr. Latham holds a BA in business administration from Howard University, a J.D. from the Georgetown University Law Center, and an Executive Management Certificate from the Amos Tuck Business School at Dartmouth College. |
Scott Liolios |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Maurice Tose |
2,651,960 |
Thomas Brandt |
1,095,630 |
Richard Young |
1,359,580 |
Drew Morin |
1,003,690 |
Timothy Lorello |
717,366 |
James Bethmann |
-- |
Jan Huly |
-- |
A. Reza Jafari |
-- |
Jon Kutler |
-- |
Weldon Latham |
-- |
Scott Liolios |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Maurice Tose |
1,684,383 | 188,028 |
Thomas Brandt |
776,464 | 122,861 |
Richard Young |
1,025,950 | 103,312 |
Drew Morin |
668,794 | 10,788 |
Timothy Lorello |
459,578 | 31,014 |
James Bethmann |
0 | 0 |
Jan Huly |
0 | 0 |
A. Reza Jafari |
0 | 0 |
Jon Kutler |
0 | 0 |
Weldon Latham |
0 | 0 |
Scott Liolios |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
LORELLO TIMOTHY JAMES |
1,151 | $2.32 |
LORELLO TIMOTHY JAMES |
8,849 | $2.36 |
LATHAM WELDON H |
19,396 | $0.00 |
KUTLER JON B |
19,396 | $0.00 |
HULY JAN C |
19,396 | $0.00 |
TOSE MAURICE B |
30,794 | $2.28 |
JAFARI ALI REZA |
19,396 | $0.00 |
BETHMANN JAMES MICHAEL |
19,396 | $0.00 |
TOSE MAURICE B |
33,689 | $2.30 |
TOSE MAURICE B |
30,000 | $2.34 |
TOSE MAURICE B |
5,517 | $2.33 |
MORIN DREW A |
30,000 | $2.24 |
BRANDT THOMAS M JR |
29,713 | $2.41 |
LORELLO TIMOTHY JAMES |
14,820 | $2.41 |
MORIN DREW A |
29,524 | $2.41 |
YOUNG RICHARD A |
37,542 | $2.41 |
YOUNG RICHARD A |
180,000 | $0.00 |
BRANDT THOMAS M JR |
144,000 | $0.00 |
MORIN DREW A |
144,000 | $0.00 |
TOSE MAURICE B |
310,000 | $0.00 |
LORELLO TIMOTHY JAMES |
72,000 | $0.00 |
MORIN DREW A |
15,000 | $2.25 |
MORIN DREW A |
20,000 | $2.31 |
LATHAM WELDON H |
33,582 | $0.00 |
KUTLER JON B |
33,582 | $0.00 |

