Lloyd G. Waterhouse
Mr. Waterhouse has served as a director since April 2005.
Mr. Waterhouse previously served as President and Chief Operating Officer of Harcourt Education, a division of Reed Elsevier, from September 2006 thru February 2007 and then as its President and Chief Executive Officer from February 2007 to December 2007.
Mr. Waterhouse served as Chairman and Chief Executive Officer of Reynolds and Reynolds, a public company providing software and services solutions for automobile retailers, from 2000 thru July 2004.
Prior to joining Reynolds and Reynolds in May 1999, Mr. Waterhouse held a variety of positions during his 26-year tenure at International Business Machines Corporation, including serving as general manager of IBM’s e-Business Services unit immediately prior to May 1999.
Mr. Waterhouse serves on the board of directors of Atlantic Mutual Insurance, Pennsylvania State University’s Smeal College, ITT Educational Services Inc., and on the board of directors of private companies.
The complaint, entitled George Keritsis and Mark Kert v. Michael E. McGrath, Michael J. Berry, Pallab K. Chatterjee, Robert C. Donohoo, Hiten D. Varia, M. Miriam Wardak, Sanjiv S. Sidhu, Stephen P. Bradley, Harvey B. Cash, Richard L. Clemmer, Lloyd G. Waterhouse
, Jackson L. Wilson Jr., Robert L. Crandall and i2 Technologies, Inc.
The complaint, entitled John McPadden, Sr. v. Sanjiv S. Sidhu, Stephen P. Bradley, Harvey B. Cash, Richard L. Clemmer, Michael E. McGrath, Lloyd G. Waterhouse
, Jackson L. Wilson, Jr., Robert L. Crandall and Anthony Dubreville and i2 Technologies, Inc.
, alleges breach of fiduciary duty and unjust enrichment based upon allegations that the Company sold its wholly-owned subsidiary, Trade Services Corporation
, for an inadequate price in 2005.