- Wave Systems (WAVX) CFO Jerry Feeney is stepping down, and will be replaced by Walter A. Shephard, most recently the CFO of LED product vendor Luminus Devices.
- Wave is also promoting Andrew Avery, who in the past has been Wave's VP of strategic business development and VP of OEM/channel sales, to the roles of SVP of global business development and VP of Asia-Pac sales.
- Simon Tidnam, formerly the head of marketing/business development for Wave's Scrambls content-sharing product, is now the company's VP of corporate development.
- CEO Bill Solms is now also Wave's President.
at CNBC.com (Oct 2, 2014)