|[November 07, 2012]
Unwired Planet Appoints Eric Vetter as Chief Financial Officer & Chief Administrative Officer
RENO, Nev. --(Business Wire)--
Unwired Planet, (Nasdaq: UPIP), today announced that Eric Vetter has
been appointed Chief Financial Officer and Chief Administrative Officer
of Unwired Planet.
"Eric brings more than 20 years of financial and general management
expertise, including significant experience in an intellectual
property-based business," said Mike Mulica (News - Alert) Chief Executive Officer of
Unwired Planet. "With deep roots in Reno, he cements our headquarters
relocation to Nevada. We believe he will continue to drive the
operational momentum we have built in establishing Unwired Planet's
significant presence as an intellectual property company."
Most recently, Mr. Vetter was a consultant to Aristocrat Technologies
where he was responsible for reviewing the company's strategic planning
and cost saving initiatives. From 2000 to 2011 he was with International
Game Technology, serving in a vaiety of roles including Senior Vice
President of Finance and Accounting for the $2B Gaming Group Division,
with responsibility for Operational Finance and Accounting, M&A,
Treasury and Business Development. Mr. Vetter replaces Anne Brennan, who
resigned effective November 7, 2012, will remain a consultant to the
Company to ensure a smooth transition of responsibilities, including
support through fiscal year 2013 filings.
"We would like to thank Anne Brennan for 11 years of service to the
Company, including driving and organizing the change of Openwave (News - Alert) into
Unwired Planet. Anne's judgment, experience and leadership have been
invaluable and she will be missed as we complete the move to Reno,"
continued Mr. Mulica.
The Company also announced today that Brian Beattie has resigned from
the Board, and, as announced on March 22, 2012, Jerry Held and David
Nagel resigned from the Board. The resignations are effective as of the
Annual Meeting of Shareholders on November 6, 2012.
As a result of these changes, Mark Jensen was appointed chairman of the
audit committee and Henry Nothhaft assumed the chair of the compensation
About Unwired Planet
Unwired Planet (NASDAQ: UPIP) is the inventor of the mobile internet.
Unwired Planet established many of the foundational patents that allow
mobile devices to connect to the Internet. Over the years, the company
has amassed a patent portfolio of approximately 200 issued US and
foreign patents and approximately 75 pending applications, many of which
are considered foundational to mobile communications, and span smart
devices, cloud technologies and unified messaging.
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