This excerpt taken from the VRSN 8-K filed Feb 25, 2008.
Joins VeriSign Board of Directors
Specialist in Corporate Restructuring Brings Unique Expertise to VeriSign Board
as Company Executes Strategy to Focus Business Around Internet Infrastructure
Mountain View, CA February 25, 2008 VeriSign, Inc. (NASDAQ: VRSN), the leading provider of Internet infrastructure for the networked world, today announced that Kathleen A. Cote has joined the companys board of directors. Cote has more than 25 years of experience in executive management and leadership of both emerging technology companies and multi-national organizations.
Throughout her career, Cote has directed successful restructurings, mergers and acquisitions for a range of systems, software and service companies. She has particular experience in strategic planning, operations, organization and process.
Kath Cote has strong operational and governance experience in the technology industry, including guiding companies through transitions, said VeriSign Chairman Jim Bidzos. VeriSign will benefit greatly from Kaths experience as we work to align our business around our core competency of offering scalable, reliable and secure Internet infrastructure.
I am excited to work with an organization whose technology solutions make such a positive impact on the global economy and communications, said Cote, who is currently a private investor and advisor providing strategic, operational and organizational expertise to technology and technology-related companies. Im honored to join VeriSigns board at a time when the company recognizes the need for focus and discipline in the face of extraordinary new opportunities.
Cotes impressive career as a technology executive most recently included serving as CEO of Worldport Communications Company, a premier provider of high-end Internet managed services and a provider of Internet infrastructure, support and services. Cote stepped into the role at the urging of the companys board to address merger integration issues, along with a host of operational and financial issues.
As president of Seagrass Partners, an operational consulting firm for startups to mid-sized companies, she led development of business plans and strategies, capital funding efforts, operational management and organizational processes and staffing.
Prior to Seagrass, she was the president and CEO of Computervision, a leading international supplier of desktop and enterprise product development software and web based product life cycle management applications and services, and guided that companys merger with Parametric Technology.
She also served as president of Prime Services, a global provider of systems integration, consulting, networking and services. Prior to joining Prime, Cote was director of U.S. manufacturing at Wang Laboratories.
Cote currently serves on several boards, including Workscape, Inc, Western Digital Corporation and Asure Software, Inc. She holds an honorary doctorate from the University of Massachusetts, a masters of business administration from Babson College and a Bachelor of Arts degree from the University of Massachusetts.