Compellent Appoints Sven Wehrwein to Board of Directors.Company's First Outside Director Brings 30 Years Finance and Investment Banking Expertise EDEN PRAIRIE Eden Prairie A city of eastern Minnesota, a residential suburb of Minneapolis. Population: 57,300. , Minn. -- Compellent today announced that Sven Wehrwein has been appointed to its board of directors. As the company's first outside director, Wehrwein will serve as chair of the audit committee. Wehrwein has been a financial consultant to emerging companies since 1999. Previously, he was chief financial officer at business networking devices provider Digi International, and InStent, before it was acquired by Medtronic. Before Wehrwein joined InStent in 1995, he spent 14 years in investment banking, including serving as managing director of Drexel Burnham Lambert Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in the 1980s by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. , and Wessels, Arnold and Henderson. He began his career as a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. on the audit staff of Coopers & Lybrand. "Sven's 30 years experience in finance, accounting and management will be a tremendous asset to Compellent as we continue to lead in delivering modular enterprise storage," said Phil Soran, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "His stewardship and expertise will be critical to our success and will greatly complement the experience of our other board members." Wehrwein also serves as an independent director on the board of directors of Image Sensing Systems, Synovis Life Technologies A Minneapolis based company, Synovis Life Technologies is a medical device manufacturer that recently celebrated 25 straight profitable quarters and earned itself a slot on the Fortune 100 Fastest Growing Companies and Forbes 200 Best Small Companies lists, and the Russell 2000® Index. , Uroplasty, Inc. and Vital Images. He has a bachelor's degree from Loyola University in Chicago and a master's degree from the MIT Sloan School of Management The MIT Sloan School of Management is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, USA. It is one of the world's leading business schools, conducting research and teaching in finance, entrepreneurship, marketing, in Cambridge, Mass. About Compellent Compellent delivers affordable, modular storage solutions exclusively through business partners that provide companies of all sizes enterprise storage capabilities without big system costs or complexities. For more information, visit www.compellent.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion