Dave Moylan Interim CEO, Dataram
Replacing John Freeman
This is a Press Release edited by StorageNewsletter.com on January 23, 2015 at 2:55 pmDataram Corporation announced that its board of directors appointed board member and chairman David Moylan as its interim president and CEO, replacing John Freeman.
Chairman and CEO Moylan said: “Dataram has, with the support of the board and our shareholders, embarked on an aggressive financial and operational transformation of the company in order to establish a strong foundation for profitable inorganic and organic growth. As a board, our priority is now to identify a leader who can leverage our company’s assets and leadership team to drive the next stage of Dataram’s evolution.”
Moylan brings experience and knowledge to Dataram. He joined Dataram’s board of directors in November 2014 and serves as its chairman. He was previously a partner at, and COO of Yenni Capital, Inc., a private equity firm. He was also a MD with the Corporate Executive Board, a leading member-based advisory company, from 2010 to 2012. At CEB, he held several executive roles, which addressed critical business challenges that included serving as president and CEO of Toolbox.com, where he drove the turnaround of the business, returning it to profitability and spearheaded its divestiture to Ziff Davis. Previously, he held executive positions at LexisNexis and AOL, and was a consultant for IBM, PricewaterhouseCoopers LLP, and A.T. Kearney.
A former U.S. Army officer who served with the 101st Airborne Division (Air Assault), hen holds an MSIA (MBA) from Carnegie Mellon’s Tepper School of Business.
In addition to his expertise in growing businesses, he has knowledge and operating experience in the technology and services industries, global management experience in business-to-business operating companies, financial and operating acumen, and expertise in evaluating and leading growth and operational improvement initiatives. He brings experience in improving operational and financial performance and in leading and developing executive management teams.
“Dave brings a deep operational and subject matter expertise to Dataram, which we expect will help jumpstart the company’s current turn-around efforts,” said Jon Isaac, a member of Dataram’s board of directors and managing member of Isaac Capital Group, the largest shareholder in Dataram. “We welcome Dave’s leadership and anticipate his future success.”
Moylan said: “Dataram has a leadership team in place that is capable of accelerating our transformation and I look forward to working closely with them to help execute the next phase of the company’s financial and operational improvements and growth. The need for technical solutions that improve business performance, including memory, has never been stronger, and we must act aggressively to capture a growing share of this market.”
As interim president and CEO, Moylan will work with Dataram’s executive team to facilitate an orderly leadership transition while leading the company’s transformation. He will remain on Dataram’s board as its chairman.