Chief Executive Officer & Chairman @ From September 2013 to Present (2 years 4 months) Member, Board of Directors @ Barracuda (NYSE:CUDA) is a leading provider of Security & Storage Solutions for the mid-market and enterprise. Served as a member of the Office of the CEO from April 2012 until November 2012. Member of Audit Committee, Chair
Chief Executive Officer & Chairman @ From September 2013 to Present (2 years 4 months) Member, Board of Directors @ Barracuda (NYSE:CUDA) is a leading provider of Security & Storage Solutions for the mid-market and enterprise. Served as a member of the Office of the CEO from April 2012 until November 2012. Member of Audit Committee, Chair of Nominating & Governance committee. From June 2007 to Present (8 years 7 months) Chair, Computer Engineering Dept., Industry Advisory Board @ From 2003 to Present (12 years) Member, Board of Directors @ Independent Director brought in by venture investors to help founding team in early stages of company. Company is a leading developer of video processing products for multi-screen applications delivered by carriers and cable companies. Member, Compensation Committee. From April 2004 to July 2013 (9 years 4 months) Member, Board of Directors @ Helped founders with initial strategy & positioning pre-funding. Assisted in raising series A funding from Trinity, Matrix Partners. As independent director, worked to hire outstanding CEO (2009). Company acquired by Opera Software in March, 2013 From August 2006 to February 2013 (6 years 7 months) Chairman of the Board of Directors & co-Founder @ When I was Chairman, I was asked by board to step back into the company as a part-time employee in July 2009 to redirect company to new markets and provide assistance in restructuring. Recruited small team and developed the company’s Data Center Strategy; drove implementation through partnerships, channels and new product architectures. Initial software product was a finalist for Interop “Best of Show” award in 2010. Data Center chassis product became core of company’s product strategy moving forward. Aided company in CEO transition, and supported interim CEO. From August 2006 to 2011 (5 years) Partner, Director @ Co-founded SPAC (Special Purpose Acquisition Company) to do cross-border technology acquisitions. Filed S1 in October 2007. Researched more than 2 dozen companies for potential acquisition/investment. Window for SPAC funding closed early in financial downturn and we missed market window for funding using public markets. From October 2007 to June 2009 (1 year 9 months) President, CEO & co-founder @ Co-founded company along with Steve Haddock (CTO) and Herb Schneider (VP Eng.) to build high performance network infrastructure for large enterprises and service providers. We defined a new segment, “Layer 3 Switching” that revolutionized enterprise networking business. Extreme was a major innovator winning awards for “Best of Show” in 1997, 1998, 1999, 2000 and 2001, Product of the Year from several publications throughout its history.
More than doubled revenue every year from 1996 to 2001 reaching $490 million in fiscal 2001. Extreme was ranked the #1 fasted growing company in Silicon Valley in 1999.
Acquired several private companies: Mammoth Technologies (1996), Optranet (2000), Webstacks (2000)
Structured strategic OEM deals with 3Com, Compaq, Siemens to build initial revenue, then focused on channels. Built world-wide distribution model with indirect sales in Europe, Japan, Asia and North America. Launched in U.S. in May 1997, Europe, September 1997 and Japan, July 1997. International business contributing more than 50% of revenues. Formed corporate strategic partnership with Avaya in 2003 that generated over $120 million in revenues for company.
Early innovator in the metro-Ethernet market defining a number of technologies that are industry standards today. Spoke at many conferences evangelizing Ethernet as the transport to replace traditional telecom technologies.
Raised three rounds of venture capital from AVI, Trinity, Norwest, Kleiner Perkins. Corporate investments from Siemens, 3Com. Private Placement in 1998 led by Morgan Stanley. Created positioning – “Networking the New Enterprise” -- for successful IPO in 1999 and Secondary Offering later that year (both led by Morgan Stanley). After 2001 downturn raised $200 million through a Convertible Debenture led by Goldman Sachs.
Retired as CEO in 2006 and hired successor. Continued to serve company as Chairman of the Board and aid new CEO in transition. From May 1996 to August 2006 (10 years 4 months) VP Marketing & Co-founder @ Co-founded company with Darrell Scherbarth (VP Engineering). Served as VP Marketing from inception until 1994, then served as VP/GM OEM Business Unit. Bootstrapped company by doing consulting for the first year, then raised venture capital from AVI and Alpha Partners in 1990. Developed initial products – FDDI adapters for servers. Launched products and hired initial sales team. Hired CEO the following year. Launched “Client-Server switch” product category to connect servers, desktops to corporate backbones which became basis for successful
IPO in June 1994 (NASDAQ:NPIX), Secondary Offering November 1994, both led by Lehman Bros.
Following IPO, took on general management role as VP/GM of OEM business unit. Signed OEM deals with 3Com, NetWorth and others. Developed semi-custom products for these customers. From March 1989 to May 1995 (6 years 3 months) Strategic Partner Manager @ Strategic Partner Manager. Managed strategic relationships with Amdahl, Cray Research, Tandem Computers to foster joint sales, joint development and joint marketing of network computing. From January 1988 to September 1989 (1 year 9 months) Director of Marketing and Sales @ Director, Marketing & Sales, General Manager Personal Computer Group, Software Engineering Manager, Software Engineer. Ran all sales and marketing for $30 million private company. Responsible for redirecting company products and channels from industrial distribution to retail computer channels resulting in significant revenue growth. Transitioned all marketing and sales force to the new model.
As an engineer and software engineering manager, co-developed one of the first 212-A modems, and defined and co-developed company’s premier product lines. From June 1982 to December 1987 (5 years 7 months)
MBA, Strategic Planning & Finance @ University of California, Berkeley - Walter A. Haas School of Business From 1980 to 1982 BS, Electrical Engineering and Computer Science @ Santa Clara University From 1978 to 1980 Physics Major @ Harvey Mudd College From 1974 to 1976 Gordon Stitt is skilled in: Go-to-market Strategy, Wireless, Product Management, Start-ups, Marketing, Cloud Computing, Networking, Strategic Partnerships, SaaS, Cross-functional Team Leadership, Telecommunications, Data Center, Wireless Networking, Network Security, Ethernet
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