Live Microsystems Inc (LMSC)

[Stock-n-Seeds]

LiveWire Mobile Announces CEO Transition
http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20091105006523&newsLang=en
LITTLETON, Mass.--(BUSINESS WIRE)--LiveWire Mobile, Inc. (Pinksheets: LVWR), a leading provider of mobile managed personalization services, today announced a transition of its chief executive officer. Matthew Stecker will succeed Joel Hughes as president and chief executive officer. This transition is expected to be completed on or before November 30, 2009. Mr. Hughes has served as LiveWire Mobile’s President since 2007 and as its CEO and Chairman of the Board of Directors since December 2008.

"We are very pleased with what the company, under Joel Hughes’ direction, has achieved during the past two years," said Robert Pons, speaking on behalf of the board of directors. "The company has successfully transitioned the business to a recurring revenue managed services business model and significantly improved its balance sheet while restructuring itself in an effort to deliver ongoing adjusted EBITDA profitable operations. We thank Joel for his leadership and contribution to our current success, while welcoming Matthew as we seek to build on the company’s position as a leader in the growing, mobile personalization market. The Board believes Matthew’s expertise in building teams and delivering innovative, mobile technology solutions to the service provider marketplace will help propel the company forward on its mission.”

Mr. Stecker brings considerable experience as an operating executive and strategic consultant in the telecommunications industry to his new role. Mr. Stecker has served most recently as the Vice President and leader of CSMG/TMNG’s technology strategy practice, consulting to some of the world’s leading brands as they navigate the convergence of the Media and Telecom industries. He has previously served on the leadership team at Vindigo, where he led the team behind the first successful advertising-supported mobile application, and as CTO of SmartServ Online where he expanded the company’s mobile application catalog while launching the Uphonia MVNO. Previously, Matthew was President of Marble Associates, Inc. of Boston, MA – a pioneer in the implementation of Object-Oriented Technologies in Fortune 500 businesses. He received his BA degree in Computer Science from Duke University, as well as a JD degree from the University of North Carolina at Chapel Hill School of Law.

Board of Directors Changes

Upon completion of the transition, Mr. Hughes’ role of Chairman of the Board of Directors will be assumed by current board member Robert M. Pons. The Company also announces the resignation of Pamela D.A. Reeve as a Director. Mr. Pons commented, “We thank Pam for her years of service and many contributions to the Company. We wish her well in her future endeavors.”



I did some digging on Matthew Stecker and here is what I have found.

http://www.linkedin.com/ppl/webprofile?vmi=&id=9556&pvs=pp&authToken=aOL9&authType=name&locale=en_US&trk=ppro_viewmore&lnk=vw_pprofile

http://www.tmng.com/AboutUs/LeadershipTeam/PrincipalsandVicePresidents/MatthewStecker/tabid/184/Default.aspx