People: MRV Communications Inc (MRVC.PK)
Mr. Kenneth H. Traub serves as an Independent Chairman of the Board of MRV Communications Inc. Since 2009, Mr. Traub has been the president and chief executive officer of Ethos Management LLC, a private investment and advisory firm which specializes in driving strategic, operational and financial improvements in undervalued public companies in order to build and unlock shareholder value. Mr. Traub served as president, chief executive officer and a director of American Bank Note Holographics, Inc. ("ABNH"), from 1999 until its sale in 2008 to JDS Uniphase Corporation ("JDSU"), a global provider of optical products and test and measurement solutions for the communications industry. Mr. Traub managed the turnaround, growth and sale of ABNH. Following the sale of ABNH, Mr. Traub served as vice president of JDSU in 2008. From 1988 to 1994, Mr. Traub served as a vice president at Trans-Resources, Inc., a multi-national holding company and investment manager. Mr. Traub currently serves on the boards of directors of the following SEC-reporting companies: (i) iPass Inc., a Nasdaq-traded global provider of software and services for enterprise mobility, where Mr. Traub has served since July 2009; (ii) DSP Group, Inc., a Nasdaq-traded global provider of wireless chipset solutions for converged communications where he has served since 2012; (iii) Athersys, Inc., a Nasdaq-traded biotechnology company engaged in the discovery and development of therapeutic product candidates where he has served since 2012; and (iv) Vitesse Semiconductor Corporation, a Nasdaq-traded supplier of integrated circuit solutions for next-generation carrier and enterprise networks where he has served since March 2013. Xyratex Ltd., a Nasdaq-traded provider of data storage technology, has agreed to appoint Mr. Traub to its board of directors immediately following its 2013 annual meeting of stockholders. He received a bachelor of arts degree from Emory College, and a master's degree in business administration from Harvard Business School.
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