General Counsel and Corporate Development Executive with extensive global
experience in leading legal affairs and complex transactions at Raytheon,
Mercury Computer Systems, Interactive Data Corp., FTP Software, and Fish &
Richardson.
Corporate Governance: As General Counsel, led SEC reporting, engaged and
managed outside counsel and legal staff, ensured successful compliance and
risk management. Served as key advisor to management team and Board of
Directors. Organized Board of Director meetings, drafting corporate
resolutions and minutes. Provided executive compensation, benefit and
employment law counsel to compensation committee, and served as 401(k)
trustee. Experienced in export compliance and government contracting.
Intellectual Property: Demonstrated ability to anticipate the market
implications of technology disruptions and to create effective intellectual
property strategy. Led resolution of patent litigation threatening
viability of growth businesses at Mercury, securing license on favorable
terms while converting dispute into profitable expansion of customer
relationships. Established Fish & Richardson's software licensing
practice.
Transactional Experience: Led more than 50 significant transactions
including 25 M&A transactions from sourcing, approach, fit, valuation,
diligence, negotiation, closure to integration planning. Experienced with
IPO and secondary offerings, strategic alliances, joint ventures, and
equity investments. Developed and coordinated executive team strategic
planning and analysis.
Professional Experience
Mercury Computer Systems, Inc. - Chelmsford, MA 1998 - June 2009
Embedded computing business serving defense, medical, and emerging markets
for data intensive signal, image, and sensor processing with revenues of
$200M. (NASDAQ: MRCY)
Vice President, Corporate Development
Reporting to the CEO, responsible for identifying and developing new
business and market opportunities, including strategic partnership, merger
and acquisition, and technology licensing, and also for divestitures.
. Generated profit in excess of $100M over 10 year period by engaging
Northrop Grumman in a long-term, dynamic licensing program for the F-16
fighter that minimized engineering costs and enabled broader customer use
of technology. Developed new licensing model for F-35 fighter jet that
encouraged Lockheed Martin to use Mercury's technology throughout the F-
35 platform, thus motivating other prime contractors to use Mercury
technology in other platforms such as UAVs.
. Strategic agreements led at Mercury contributed more than 25% of company
revenue growth. Developed trusted relationship with Echotek founders
averting competitive auction in acquisition of business and enabling
smooth integration, resulting in Mercury's successful expansion into new
market segments. In FY 2009, this product line was the most profitable
and contributed more than 50% of Mercury's overall revenue growth.
. Built computational and experimental fragment-based drug discovery and
design business by securing IP, developing alliance with Boston
University, acquiring start-up venture, establishing appropriate
governance, and, in partnership with CEO, selecting, motivating and
driving leadership team and its intellectual property strategy.
Successfully sold business to Forma Therapeutics.
. Transformed medical business from 100% hardware-based revenue to 100%
software-based revenue in less than four years. Resolved more than 20
showstopper issues to acquire TGS Group. Led negotiation, drafting, and
completion of customer agreements critical to post-merger integration.
Led development of IP strategy. Successfully crafted IP agreement to
enable sale of visualization tools separate from medical imaging
business.
FTP Software, Inc. - North Andover, MA 1993 - 1998
Pioneer internet software company with peak revenues of $128M and CAGR
exceeding 60%.
SVP, General Counsel and Head of Business Development
Responsibilities included: establishing and maintaining corporate
governance; developing and communicating policies on matters of ethics,
insider trading, and protection of confidential information; and directing
SEC filings.
SVP, General Counsel and Head of Business Development (continued)
Led legal, contract, compliance, business development, human resource, and
finance functions. Held P&L responsibility for Asia-Pacific region, and
served as Secretary on Board of Directors.
. Built infrastructure and processes to successfully lead IPO and execute
as public company.
. Established corporate administrative services and contracts department to
handle rapid global expansion, including Singapore, Japan, Canada and US
offices.
. Grew Asia-Pacific market from $12M to $19M by building sales and
marketing team in region and striking joint venture and new strategic
alliances. Regained control of intellectual property from previously
exclusive distributor and overcame new competition from Microsoft.
. Led strategic alliance with IBM profitably extending product features
while gaining access to intellectual property, operational expertise,
markets, visibility, and channels.
. Reduced $61M merger consideration for public company FireFox more than
19% to $49M by understanding sellers' drivers and structuring and timing
the deal to optimize market valuation.
. Led defense of two distinct shareholder litigation claims resulting
dismissal without trial.
Fish & Richardson - Boston, MA 1991 - 1993
Ranked top patent law firm by IP Law and Business Magazine for the past
several years.
Attorney - Software and Biotech Licensing Practice
. Established firm's software licensing practice with annualized
billings exceeding $750,000.
. Published AIPLA software licensing and global IP protection book.
Interactive Data Corporation - Lexington, MA 1987 - 1991
Leading supplier of data services and software to financial services
industry then owned by Chase Bank/Dun & Bradstreet.
Associate General Counsel
Assumed day-to-day legal responsibilities for division. Identified data re-
distribution opportunity and contributed to development of new $20M
business.
Raytheon Company - Lexington, MA 1983 - 1987
Attorney
Performed legal services including compliance, litigation management and
agreement negotiation for $1B group of diverse businesses including
commercial electronics, defense, publishing, and medical devices.
Pelletreau & Pelletreau - Patchogue, NY 1982 - 1983
Attorney
Education
J.D., Boston University School of Law 1982
Award for highest grade in Professional Responsibility.
M.A., Mathematics, State University of New York at Stony Brook 1979
B.S., Honors Mathematics, Purdue University 1978
Naval Reserve Officer Training Corps Scholarship. Schenkman Award as top
mathematics graduate. Dean's list each year.