[Macromedia Announces Changes to Board of Directors]
SAN FRANCISCO, July 8 /PRNewswire/ -- Macromedia, Inc. today announced that its Board of Directors has nominated Stewart Alsop, information technology pundit and venture partner with New Enterprise Associates, and Mark Kvamme, chairman and CEO of CKS Group, for election as new board members. The company also announced that Bud Colligan, John Doerr and Richard Kramlich plan to end their terms as board members. These changes will be effective at the company's shareholder's meeting July 30, when the board plans to elect Rob Burgess, CEO of Macromedia, as its new chairman.
"This has been a year of significant transformation as we have focused Macromedia on the Web," said Burgess. "By adding Stewart Alsop and Mark Kvamme, we are broadening our very talented Board of Directors. Stewart has been a central participant in the high technology industry for many years, and he brings a wealth of industry insight and key relationships to the board. Mark's intimate knowledge of one-to-one marketing in the new Internet ecosystem, along with his company's innovative use of Macromedia products to revolutionize online marketing, place him squarely in line with our strategic focus."
Three members announced plans to leave the Macromedia board: Bud Colligan, Macromedia chairman and venture partner with Accel Partners; John Doerr, general partner with Kleiner, Perkins, Caufield & Byers; and Richard Kramlich, general partner with New Enterprise Associates.
"Macromedia could not have grown into the company it is today without the guidance and insight of these three industry leaders," added Burgess. "The company is indebted to all of them for their long service and commitment, and particularly to Bud Colligan. Under his leadership, Macromedia became a premier brand that is synonymous with multimedia and leading-edge Web technology. We wish Bud, John and Dick the very best in their future endeavors as they devote more time to their investment, non-profit, and educational initiatives."
"While it is difficult to leave a company you have led and nurtured for 10 years, Macromedia is well positioned for the future, with strong leadership, a clearly focused Web-based vision, and industry-leading products," said Colligan. "I am confident the company will only enhance its position going forward."
One of the most widely recognized figures in the computer industry, Stewart Alsop is a venture partner with New Enterprise Associates. Prior to joining NEA in 1996, he was Executive Vice President of InfoWorld Publishing Company, Inc., publishers of InfoWorld, a weekly newspaper for information technology professionals. Alsop also founded Industry Publishing Company, the publisher of a fortnightly newsletter for computer industry insiders and producer of the Agenda and Demo conferences for computer executives. Prior to joining InfoWorld in 1985, Alsop held several executive editorial positions at business and trade magazines, including Inc.
Mark Kvamme is chairman and CEO of CKS Group, an award-winning marketing communications company which specializes in offering a wide range of services and technology solutions that help companies market their products, services and messages. Prior to joining the company in 1989, Kvamme served as vice president of marketing of Pillar Corporation, and previously was International Marketing Manager for Wyse Technology, Inc. In 1984, Kvamme founded and served as CEO of International Solutions, Inc., a global distributor of hardware and software products. He also held various management positions at Apple Computer Inc. from 1980 to 1984.
Once the changes take effect July 30, the seven-member Board of Directors will include: Stewart Alsop; Rob Burgess; Ian Giffen, vice president, Helix Investments; Mark Kvamme; Donald Lucas, general partner, Sand Hill Financial; James Von Ehr, II, president and CEO, Zyvex LLC; and William Welty, general partner, Agincourt Partners. |
