Appointment of Steven Lucas Brings Expertise in Strategic Area of
Advanced Analytics
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Rovi Corporation (NASDAQ:ROVI) today announced the appointment of Steven
Lucas to its Board of Directors, effective March 20, 2015. This
appointment expands the size of the Board from six to seven directors.
Andrew Ludwick, Chairman of the Board and chairman of Rovi’s Corporate
Governance and Nominating Committee, said “Steve is a seasoned veteran
of the technology industry with an impressive record of accomplishment
at the highest levels of leading companies. He brings a powerful mix of
exactly the right ingredients to fuel Rovi’s forward momentum. His
expertise in analytics will be particularly valuable as Rovi continues
to leverage our prominent guide footprint to help customers understand,
analyze and monetize their cross-platform audiences. The market for
advanced data and analytics services is large and growing, and Rovi has
made significant progress in the last 12 months alone by introducing new
customers to our advertising and analytics platforms to generate added
revenue both for customers and for Rovi. Having thoroughly reviewed a
broad range of highly qualified candidates and sought input from a
number of our stockholders, the Committee enthusiastically recommended
Steve’s appointment to the Board.”
Steve Lucas is the global President of SAP’s Platform Solutions and has
served in this role since 2013. In such role, he has led the
go-to-market teams and strategy for SAP’s Analytics, Database, Cloud
Platform and ‘Internet of Things’ products. Prior to his current role,
Mr. Lucas served as Global Executive Vice President and GM for SAP’s
Database & Middleware Business, as well as global GM for SAP’s Business
Analytics & Technology organization, where his responsibilities included
strategy and go-to-market activities across sales, marketing and product
management lines of business since 2009. Over the course of his 20+ year
career in enterprise software, Mr. Lucas has held senior executive roles
at a number of leading enterprise, cloud and analytics technology
companies, including Senior Vice President of Force.com at
Salesforce.com, Group Vice President at Business Objects, as well as
various senior leadership positions at Crystal Decisions, a reporting
software company. Mr. Lucas has also co-chaired various government
technology leadership initiatives including the TechAmerica BigData
committee. Mr. Lucas also serves as a member of the board of directors
of SendGrid, a privately-held internet email infrastructure technology
company.
As part of Rovi’s ongoing effort to augment the Company’s Board of
Directors with expertise in key strategic areas, Rovi’s Corporate
Governance and Nominating Committee conducted an extensive search
process with the assistance of Howard Fischer Associates, a leading
professional search firm and identified, interviewed and evaluated a
wide range of candidates.
Important Additional Information and Where to Find It
The Company plans to file a proxy statement with the Securities and
Exchange Commission (the "SEC") in connection with the solicitation of
proxies by the Company in connection with its 2015 Annual Meeting of
Stockholders. STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY
STATEMENT AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR
ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. Stockholders will be able to obtain free copies of these
documents (when available) and other documents filed with the SEC by the
Company through the website maintained by the SEC at www.sec.gov,
and at the Company's website at www.rovicorp.com.
Rovi’s directors and executive officers and other persons may be deemed,
under SEC rules, to be participants in the solicitation of proxies in
connection with the 2015 Annual Meeting of Stockholders. Information
regarding the participants in the proxy solicitation and a description
of their direct and indirect interests in the transaction, by security
holdings or otherwise, will be contained in Rovi’s Annual Report on Form
10-K for the year ended December 31, 2014 and in Rovi’s proxy statement
for the 2015 Annual Meeting of Stockholders when filed with the SEC.
About Rovi Corporation
Rovi is leading the way to a more personalized entertainment experience.
The Company’s pioneering guides, data, and recommendations continue to
drive program search and navigation on millions of devices on a global
basis. With a new generation of cloud-based discovery capabilities and
emerging solutions for interactive advertising and audience analytics,
Rovi is enabling premier brands worldwide to increase their reach, drive
consumer satisfaction and create a better entertainment experience
across multiple screens. The Company holds over 5,000 issued or pending
patents worldwide and is headquartered in Santa Clara, California.
Discover more about Rovi at Rovicorp.com.
Investors
Rovi Corporation
Peter Halt or Peter Ausnit,
818-295-6800 or 818-565-5200
MacKenzie Partners, Inc.
Dan
Burch, 212-929-5500
Media
Sard Verbinnen & Co
John
Christiansen or Megan Bouchier, 415-618-8750
Source: Rovi Corporation