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Monday 3 June 2013 Acacia Names Leading IP

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ListenToMe   Monday, 06/03/13 06:08:07 AM
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Monday 3 June 2013 Acacia Names Leading IP Executive from Energy Industry to Management Team

Acacia (NASDAQ:ACTG)
Intraday Stock Chart

:
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Acacia Research Corporation (Nasdaq: ACTG) announced today that Charlotte Rutherford has joined Acacia Research Group LLC as Senior Vice President.

Ms. Rutherford was most recently Deputy General Counsel, Intellectual Property for Schlumberger Limited, and designed/restructured and managed the global IP departments at Schlumberger, Colgate-Palmolive and Conoco over the past 12 years.

She was previously Vice President and Associate General Counsel Intellectual Property for Colgate-Palmolive Inc. and Chief Intellectual Property Counsel for Conoco Inc.

During her IP career, Ms. Rutherford has developed global IP licensing programs for several Fortune 500 companies with thousands of patents covering energy, electronics, specialty materials, NMR and sensor technologies that resulted in major revenue opportunities.

Earlier in her career, Ms. Rutherford was General Counsel of Power Management and Advanced Magnetics for Honeywell International, a partner and legal manager of the chemical and pharmaceutical intellectual property practice with Gibbons, Assistant General Counsel for the Minerals Technologies formerly a division of Pfizer, Inc. and was Senior Counsel at Amerada Hess Corporation and Shell Oil Company.

Ms. Rutherford holds a Bachelor and Master of Science in Engineering from Auburn University, an MBA from Rutgers University and a Juris Doctor from Loyola University.

“Joining the Acacia team provides the opportunity to focus on monetizing energy technologies to foster innovation while increasing our competitiveness in the energy market,” commented Ms. Rutherford.

Acacia Research Corporation’s CEO, Paul Ryan, commented, “Ms. Rutherford’s extensive experience in managing intellectual property issues at leading U.S. companies makes her a great addition to Acacia’s management team as we continue to build the country’s leading patent licensing company.”

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research Corporation’s subsidiaries control over 250 patent portfolios, covering technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is available at www.acaciaresearchgroup.com and www.acaciaresearch.com.

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