Board Members | Committees of the Board of Directors
Board Members
Rob Burgess
Chairman
Rob Burgess is chairman of Macromedia. Since joining Macromedia in 1996 as CEO, Burgess led the company's transformation from a CD-ROM based multimedia company to the leader in web authoring and development solutions. During his tenure as chairman and CEO, Flash has become the most pervasive multimedia platform in the digital world and forms the foundation for Macromedia in the mobile space. Prior to joining Macromedia, Burgess worked extensively in the field of high-performance computer graphics, spending years in key executive posts at Silicon Graphics, Inc., and as CEO of Alias Research, Inc.
Burgess graduated from McMaster University with a Bachelor of Commerce degree in 1979.
Charles M. Boesenberg
Chairman and CEO, NetIQ
Charles M. “Chuck” Boesenberg has been a director of Macromedia since December 2004. Boesenberg is chairman and CEO of NetIQ. Previously, Boesenberg served as president and CEO of Central Point Software, Magellan, and Integrated Systems. During his tenure at these positions, he forged strategic partnerships and led integration of multiple acquisitions. He spent more than nine years at IBM in senior executive sales management roles, and served as senior vice president of U.S. sales and marketing at Apple. Boesenberg is currently on the board of Maxtor and has also served on the board of Symantec Corporation. Boesenberg holds a bachelor’s degree in mechanical engineering from the Rose Hulman Institute of Technology and a master of science degree in business administration from Boston University.
Stephen A. Elop
Chief Executive Officer
Stephen Elop is CEO of Macromedia. Since joining the company in 1998, Elop has held a number of positions including chief operating officer, where he was responsible for executing on growth opportunities across its designer/developer, business user and consumer markets. As executive vice president of worldwide field operations, Elop was responsible for sales, operations, and services functions. Prior to that, Elop held posts in the Web/IT department at Macromedia and was general manager of its eBusiness division.
He previously worked as senior vice president of systems and CIO for Boston Chicken, Inc. He also served as director of Lotus Development Corporation's Consulting Services Group, with responsibility for Canada and the Midwestern United States.
Elop earned a Bachelor of Computer Engineering and Management degree from McMaster University in Ontario, Canada in 1986.
Ian Giffen
Independent Consultant
Ian Giffen has been a director of Macromedia since 1997. Since 1996, Giffen has been a consultant and advisor/director to software companies and technology investment funds. Giffen is currently a director of Financial Models Inc. (TSE : FMC), MKS Inc. (TSE : MKX), 724 Solutions Inc. (NASDAQ : SVNX), Descartes Systems Group In.c (NASDAQ : DSGX), Sierra Systems Inc. (SSG.TO) and a director/advisor to a number of other private companies. Giffen is a chartered accountant and has a bachelor of arts degree in business administration from the University of Strathclyde in Glasgow and worked with KPMG in Glasgow from 1978-1982.
Steve Gomo
Senior Vice President, Finance and Chief Financial Officer, Network Appliance, Inc.
Steve Gomo, vice president of finance and chief financial officer for Network Appliance, is a seasoned industry veteran with more than 28 years of financial and management experience. He joined Network Appliance in August 2002, where he is responsible for the company's finance, information technology, legal, and investor relations functions. Gomo spent 24 years at Hewlett-Packard Company in various positions such as finance, financial management, manufacturing, and general management. He previously served as CFO of Silicon Graphics and most recently CFO for Gemplus International S.A., headquartered in Luxembourg. During his tenure at these positions, Gomo was instrumental in strengthening the financial performance, reducing expenses, and building the credibility of both companies in the investor community.
William Harris
Independent Investor
William Harris has been a director of Macromedia since May 2002. Harris also currently serves as a director of numerous privately-held corporations, including eONE Global LP, Nextag, Inc., LowerMyBills, Inc., Xtec Incorporated, MyVest Corporation, and Isochron Data Corporation. From October 1999 to May 2000, Harris served as the chief executive officer of PayPal, Inc. From January 1995 to September 1999, Harris served as an executive officer, including chief executive officer, at Intuit, Inc. He holds a bachelor’s degree from Middlebury College and a master of business administration degree from Harvard University.
Donald Lucas
Venture Capitalist
Donald Lucas has been a director of Macromedia since March 1992. Lucas is also a director of Cadence Design Systems, Inc., Oracle Corporation, and PDF Solutions Inc. Lucas served as a director of Authorware from July 1988 until it merged with Macromind/Paracomp to form Macromedia in March 1992. Since 1967, Lucas has been actively engaged in venture capital activities as a private individual. Lucas holds bachelor’s and master of business administration degrees from Stanford University.
Betsey Nelson
Executive Vice President and Chief Financial Officer
Betsey Nelson is executive vice president and chief financial officer of Macromedia. Nelson joined Macromedia in 1996 to lead mergers and acquisitions, and has served as the company's CFO since 1997. She is responsible for all of the company's administrative functions, including investor relations, finance, human resources, legal, information technology, and real estate.
Prior to joining Macromedia, Nelson spent eight years at Hewlett-Packard, where she held a variety of positions in both finance and corporate development. Nelson holds an M.B.A. in Finance with distinction from The Wharton School at the University of Pennsylvania, and a B.S. in Foreign Service from Georgetown University. Nelson currently serves on the board of Macromedia and CNET Networks, a leader in Internet technology and publishing.
Tim O'Reilly
Founder and President, O'Reilly and Associates, Inc.
Timothy O’Reilly has been a director of Macromedia since July 2003. O’Reilly is the founder and president of O’Reilly and Associates, Inc., a privately-held corporation that is a premier provider and publisher of information of leading-edge technologies. O’Reilly holds a bachelor’s degree in Classics from Harvard College.
William Welty
President and CEO, agincourt partners; President and CEO, Action Technologies, Inc.
William Welty has been a director of Macromedia since April 1993. Welty served as a director of MacroMind and its successor, Macromind/Paracomp, from April 1991 to March 1992. Since April 1997, Welty has been president and chief executive officer of agincourt partners, llc, an investment management firm. Welty has also been chief executive officer and president of Action Technologies, Inc. since May 1997. From August 1988 to April 1997, Welty was a general partner of Volpe, Welty and Company, a securities and investment banking firm. Welty holds a bachelor’s degree from Iowa State University.
Committees of the Board of Directors
Committee Composition
| Audit Committee | Compensation Committee | Nominating and Corporate Governance Committee | |
|---|---|---|---|
| Robert K. Burgess | |||
| Charles M. Boesenberg | |||
| Stephen A. Elop | |||
| John (Ian) Giffen | |||
| Steven J. Gomo | M | ||
| William H. Harris, Jr. | M | M | |
| Donald L. Lucas | C | M | |
| Betsey Nelson | |||
| Timothy O’Reilly | |||
| William B. Welty | C | M |
Standing committees of the Board include an Audit Committee, a Compensation Committee and a Nominating and Corporate Governance Committee.
LEGEND: M - Member; C - Chairperson
Audit Committee
The Audit Committee meets with the Company’s independent auditors to review the adequacy of the Company’s internal control systems, financial statements and financial reporting procedures; reviews the general scope of the Company’s annual audit and the fees charged by the independent auditors; reviews, approves and monitors the performance of non-audit services by the Company’s auditors; and performs such further functions as may be required by any stock exchange or over-the-counter market upon which the Company’s Common Stock may be listed. The Company’s Audit Committee Charter is available below:
Audit Committee Charter (135K)
The Audit Committee currently is comprised of Messrs. Gomo, Harris, and Lucas, each of whom qualifies as an independent director under the Nasdaq Rules. Mr. Lucas serves as the chair of the Audit Committee.
The Company believes that each of the members of the Audit Committee is an audit committee financial expert (as defined in Item 401 of Regulation S-K of the Exchange Act). In addition, the Company believes that each of the members of the Audit Committee possesses the financial qualifications required of audit committee members set forth in the Nasdaq Rules and under the Exchange Act.
Compensation Committee
The Compensation Committee makes compensation decisions for officers of the Company, grants options and other types of equity compensation awards and reviews and recommends adoption of and amendments to stock option and employee benefit plans. The Company’s Compensation Committee Charter is posted below:
Compensation Committee Charter (136K)
The Compensation Committee currently is comprised of Messrs. Harris and Welty, each of whom qualifies as an independent director under the NASDAQ Rules. Mr. Welty serves as the chair of the Compensation Committee.
Nominating and Corporate Governance Committee
The Nominating and Corporate Governance Committee identifies and recommends candidates for the Company’s Board, reviews the corporate governance policies applicable to the Company and considers matters related to conflicts of interest between the Company and any officer, director or other affiliate of the Company. The Company’s Nominating and Corporate Governance Committee Charter is posted below:
Nominating and Corporate Governance Committee Charter (128K)
The Nominating and Corporate Governance Committee currently is comprised of Messrs. Lucas and Welty, each of whom qualifies as an independent director under the applicable Nasdaq Rules.
