Ingeneri and Wren have served on our Board of Directors since 2006.
Lawrence M. Ingeneri
Director since 2006
Mr. Ingeneri has served as a Director since October 2006.
Mr. Ingeneri is currently the Chief Financial Officer of mindSHIFT Technologies, Inc., an IT managed services provider which he joined in October 2003 and which was acquired in December 2011 by Best Buy, Inc. (NYSE: BBY).
Prior to that time, Mr. Ingeneri was employed by COLT Telecom Group plc, or COLT, a European telecommunications services company from July 1996 to December 2002.
Mr. Ingeneri was the Chief Financial Officer of COLT from July 1996 to June 2002 and a member of the Board of Directors of COLT from June 2001 to June 2002.
Mr. Ingeneri previously served as a director of mindSHIFT Technologies, Inc.
Our Board benefits immensely from Mr. Ingeneri’s experience as chief financial officer for two distinguished high technology companies.
Mr. Ingeneri’s many years of executive experience in our industry and related skills in corporate finance enables him to provide valuable perspective on general strategic and financial matters.
Due to his
executive and directorial service for a European telecommunications firm, Mr. Ingeneri
is able to deliver important insights regarding international telecommunications issues at a critical juncture in our Company’s global expansion.
Ingeneri (Chairman), Samples and Greenberg, who are each considered “independent” under the heightened independence standard required for audit committee members under the Nasdaq marketplace rules and the rules of the SEC.
Our Board has determined that Lawrence M. Ingeneri
meets the requirements for an “audit committee financial expert” as defined by the rules of the SEC
Samples (Chairman), Greenberg and Ingeneri.
Mr. Hawk served as Chairman of the Compensation Committee until his resignation from the Board on September 12, 2012, at which time Mr. Ingeneri was appointed to replace Mr. Hawk on the Compensation Committee and Mr. Samples was appointed as the Compensation Committee’s Chairman.
Greenberg (Chairman), Ingeneri and Samples.
Mr. Barris served as a member of the Nominating and Corporate Governance Committee until his term on the Board expired on May 23, 2012, at which time Mr. Ingeneri was appointed to replace Mr. Barris on the Nominating and Corporate Governance Committee.
Lawrence M. Ingeneri (7)
Consists of (a) 65,765 shares of common stock owned by Mr. Ingeneri
and (b) 9,390 shares of restricted stock owned by Mr. Ingeneri
, which will vest on November 16, 2013.