(Update1) InterDigital names Dr. Henry Tirri as its new chief technology officer

InterDigital Inc. (IDCC), the mobile technology research and development and licensing company run by CEO Willam Merritt, said it appointed Dr. Henry Tirri, formerly an execute vice president at Harman International Industries, as Chief Technology Officer. Wilmington, Delaware-based InterDigital said Dr. Tirri is a technology executive with deep experience in a variety of technology areas, [...]

By | May 17th, 2018|exec changes, Patent Investing|0 Comments

Marathon names interim CFO and new director after CFO Knuettel resigns

Marathon Patent Group Inc. (MARA), the patent licensing company that is developing a blockchain technology business, said it appointed Director David Lieberman on April 26 to be interim chief financial officer after the resignation of CFO Francis Knuettell II on April 22. Los Angeles-based Marathon said Knuettel "did not resign for any reasons related to [...]

By | April 26th, 2018|exec changes, Patent Investing|0 Comments

InterDigital names Dolby Labs’ Eric Cohen as chief development officer

InterDigital Inc. (IDCC), the mobile technology licensing company run by CEO William Merritt, said it named Eric Cohen, a former executive from Dolby Laboratories and investment banker at Cowen Group, as its chief development officer. Wilmington, Delaware-based InterDigital said Cohen will lead a combined business strategy and corporate development organization, responsible for acquisitions, strategic investments [...]

By | April 23rd, 2018|exec changes, Patent Investing|0 Comments

Quarterhill shareholders re-elect Skippen, Parker and other directors

Quarterhill Corp. (QRTH), formerly known as WiLAN Inc., said Executive Chairman Jim Skippen was re-elected to the board of the diversified holding company at the recent annual meeting. Skippen, who was replaced as CEO last year by Douglas Parker, received only 83% of the vote, the lowest of the eight directors elected. Parker led all [...]

By | April 20th, 2018|exec changes, Patent Investing|0 Comments

What CEO pay reveals about the prospects for InterDigital, Xperi and VirnetX

A comparison of the explanations of the executive compensation packages of InterDigital Inc. (IDCC) CEO William Merritt, Xperi Corp. (XPER) CEO Jon Kirchner, and VirnetX Holding Corp. (VHC) CEO Kendall Larsen may have a lot to reveal about the future prospects of the three technology companies. All three technology companies make make money by licensing [...]

By | April 20th, 2018|exec changes, Patent Investing|0 Comments

Acacia reduces size of board to seven from eight in midst of proxy battle with activists Sidus and BLR Partners

Acacia Research Corp. (ACTG), the patent licensing firm that is fighting a proxy battle with activist investors Sidus Investment Management and BLR Partners LLC, said it is reducing its board from eight directors to seven directors. Newport Beach, California-based Acacia is reducing its board at a time when Sidus, run by Alfred Tobia Jr., and [...]

By | April 19th, 2018|exec changes, Patent Investing|0 Comments

Acacia appoints two new directors in effort to fend off proxy battle from Sidus Investment Management and BLR Partners

Acacia Research Corp. (ACTG), the patent licensing company that is facing a proxy battle by Sidus Investment Management and BLR Partners, said it appointed Joe Davis, a highly regarded and experienced auditor and financial consultant, and Paul Falzone, an experienced executive and successful high-tech investor, as new independent directors, effective immediately. Newport Beach, California-based Acacia [...]

By | April 2nd, 2018|exec changes, Patent Investing|0 Comments

Acacia rebukes activists for short term focus and false and misleading statement

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman G. Louis Graziadio III, accused activist investors who yesterday launched a proxy battle to oust Graziadio from the board of having a short term trader’s mentality and of impugning the integrity of Acacia management with false and misleading statements. The activist Sidus Investment [...]

By | March 21st, 2018|exec changes, Patent Investing|0 Comments

Acacia faces proxy battle led by Sidus Investment Management and BLR Partners

Acacia Research Corp. (ACTG), the patent licensing company run by Executive Chairman G. Louis Graziadio III, is facing a proxy battle, after Sidus Investment Management LLC and BLR Partners LP, who collectively own a 4.1% stake in Acacia nominated two directors in the hope of ousting Graziadio. Sidus Investment Management was founded by and is [...]

By | March 20th, 2018|exec changes, Patent Investing|0 Comments

(Update1) BlackBerry extends CEO John Chen’s contract for 5 years in endorsement of his strategy that includes patent monetization

BlackBerry Ltd. (BB) said its board extended the contract of its Executive Chairman and CEO, John Chen, for five years through November 2023, an endorsement of his plan to boost the company’s patent monetization market in a down market. The Waterloo, Ontario-based company said Chen joined the company in November 2013 and has since then [...]

By | March 15th, 2018|exec changes, Patent Investing|0 Comments