Private Equity
Sonic Corp. named Jeffrey Schutz to its board. The Oklahoma City-based chain of drive-in restaurants said Schutz is managing director of Centennial Ventures. Leonard Lieberman also retired as a director after 21 years at Sonic. Centennial Ventures is a Denver-based VC firm with about $500 million of assets under management.
2 min read · 31 August 2010
SVB Financial Group (Nasdaq: SIVB) promoted Greg Becker to president. The holding company said Becker will remain president of Silicon Valley Bank , a position he has held since 2008. Ken Wilcox will remain chief executive officer of SVB Financial Group and Silicon Valley Bank.
4 min read · 31 August 2010
Desktone Inc. named Peter McKay president and CEO. He took over the role of CEO from Harry Duda, who now serves as chairman. Before joining the Chelsmford, Mass.-based company that provides a platform that enables hosted virtual desktops as a service, McKay was an executive at North Bridge Venture Partners and Insight Ventures.
3 min read · 26 August 2010
Jake Anderson has quietly joined Sequoia Capital, as a Silicon Valley partner associate focused on growth-stage investments in the healthcare sector. He previously spent two years as a senior manager with Cord Blood Registry, and before that was an associate with Pequot Capital. Jake also has some serious VC lineage: His father is Howard Anderson, co-founder of Battery Ventures and current senior lecturer at MIT...
1 min read · 25 August 2010
1 min read · 25 August 2010
John Hadl has joined U.S. Venture Partners as a venture partner, focused on consumer Internet and business services opportunities. He is the co-founder of USVP portfolio company Total Beauty, and will continue to serve as CEO of mobile advertising company Brand-in-Hand. USVP also announced that former BeVocal CEO Mikael Berner is joining as an entrepreneur-in-residence.
4 min read · 19 August 2010
Manish Patel has joined the Menlo Park office of Highland Capital Partners as a principal. He previously held various product management and executive management roles at Google.
2 min read · 18 August 2010
Bipul Sinha has joined Lightspeed Venture Partners as a principal. He previously was a principal with Blumberg Capital.
1 min read · 04 August 2010
Jason Whitmire has joined Earlybird Venture Capital as a partner. He previously was general manager and vice president at Wind River Systems Inc. In other Earlybird news, Max Claussen has joined as an associate.
3 min read · 03 August 2010
Dave Wehner has joined VC-backed social gaming company Zynga as chief financial officer, in a move that may signal a coming IPO. Wehner previously was a managing director with Allen & Co.
1 min read · 02 August 2010