Board of Directors
Cyan's leadership team is enhanced by a board of directors with a track record of success.
Mark joined the Cyan board as its first independent director in 2007 and was named chairman in January 2012. Mark has had a long and successful career in the telecommunications and software industries. Most recently he was CEO at SafeNet, board chairman at NetSocket, and a director at Riverbed. Previously, Mark was CEO at Entrisphere, a leading broadband access supplier that was sold to Ericsson in 2007. He was also founder and CEO of broadband pioneer Efficient Networks, which went public in 1999 and was ultimately sold to Siemens for $1.5 billion 2001.
Mark has also worked within the venture-capital industry as a partner at El Dorado Ventures and an executive at Crosspoint Ventures. He has also held executive positions at NetWorth, Interphase, Scott Instruments, and Texas Instruments. Mark attended the University of Texas where he received a B.B.A. in finance.
In addition to Cyan, Michael Boustridge is currently a board member with Riverbed Technology, CIBER, Inc., Presidio, and Contact Solutions. Michael is also a member of the board of trustees at Xprize Foundation and an advisor to AnyPresence, Inc.
Previously, Michael was president of BT Americas, a region of BT Global Services. During his time at BT, Michael also managed BT Professional Services and BT Global Financial Services, and was instrumental in executing BT’s growth vision in the Americas and Asia Pacific regions. Prior to BT, Michael was Chief Sales and Chief Marketing Officer at EDS, where he led the company’s global sales and marketing efforts. A native of New Zealand, Michael also worked with Hitachi Data Systems and IBM during his career.
Paul Ferris is a founding General Partner with Azure Capital Partners and has more than 18 years experience working with high-growth technology companies, spending the past 11 years investing directly in communications technology, mobile, cloud infrastructure and digital media related companies for Azure. During his career Paul has helped drive more than 30 successful venture backed outcomes, both as an advisor and investor. Over the course of his career, Paul has provided strategic and investment advice to numerous leading communications infrastructure companies. Prior to founding Azure in 2000, Paul worked at several investment banks, including Credit Suisse First Boston, where he was the Global Head of the Communications Investment Banking Group, and at Deutsche Bank Securities and Morgan Stanley, where he focused on communications infrastructure companies. Paul received his B.A. degrees in Computer Science and English from Amherst College, where he graduated summa cum laude.
Promod has more than 20 years of experience in the venture capital industry and currently serves as managing partner at Norwest Venture Partners (NVP). Promod joined NVP in 1990, and has invested in more than 60 companies since he began his venture career, producing nearly $30 billion in exit values to date. More than 20 of his portfolio companies have gone public and nearly 35 have been acquired (or have gone public and been acquired). Promod was ranked as a top investor on the annual Forbes Midas List for nine years, and in 2004, Forbes named him as the #1 venture capitalist based on performance over the previous decade. In 2006, Promod was presented with a Global Leadership award from NASSCOM, and he was recently honored with the 2011 SV Forum Visionary Award based on his outstanding achievements and contributions to the technology industry.
Prior to Norwest Venture Partners, Promod spent 18 years in various operational roles ranging from product development, marketing, Chief Operating Officer, and Chief Executive Officer at various public and private companies, including Siemens International, Thorn EMI, Emergent Technologies and Dimensional Medicine, Inc. He received a BS degree in electrical engineering from the University of Delhi, India. He holds a PhD in electrical engineering from Northwestern University and an MBA from Northwestern's Kellogg Graduate School of Management, where he serves on the advisory board.
Michael Hatfield serves as Cyan's president and drives product development and market strategy. Michael is a veteran of three successful communications systems start-ups. Most recently Michael was founder and CEO of Calix (NYSE: CALX), a publicly held communication systems company. Calix is a leading provider of high-speed access systems for communications service providers.
Prior to Calix, Michael was co-founder and COO of Cerent, a leading provider of high-speed fiber-optics systems, which was acquired by Cisco (NASDAQ: CSCO) for $7 billion. Michael's initial start up success came as an early team member and vice president of marketing for Advanced Fibre Communications (AFC). During his tenure, AFC went from start-up to a publicly traded enterprise and was subsequently purchased by Tellabs (NASDAQ: TLAB). He has also served in management roles at DSC Communications and Ameritech. Michael has a BSEE in Electrical Engineering and Mathematical Economics from Rose-Hulman Institute of Technology and an MBA in Finance from Indiana University.
Dr. Neil Ransom
Dr. Ransom is principal of Ransomshire Associates, an advisory firm he founded in 2005. Previously, as worldwide CTO of Alcatel and member of its Executive Committee, he was responsible for research, corporate strategy, intellectual property, and R&D investment. Prior to that, he directed Alcatel’s access and metro-optical business in North America. Earlier in his career, he directed the Advanced Technology Systems Center at BellSouth and various development and applied research organizations in voice and data switching at Bell Laboratories. He was the Chairman of Teknovus, Inc., prior to the Broadcom acquisition, and serves on the boards of directors of CoreOptics, Polatis, and kbro (the leading CATV operator in Taiwan). He holds a PhD in electrical engineering from the University of Notre Dame, BSEE and MSEE degrees from Old Dominion University, and an MBA from the University of Chicago.
Robert E. (Bob) Switz is the former Chairman, President and Chief Executive Officer of ADC Telecommunications, Inc. Mr. Switz played an instrumental role in transforming ADC over the past decade, developing and implementing strategies that secured the company's position as one of the leading global providers of fiber connectivity and wireless coverage and capacity solutions for communications service providers in more than 130 countries. Under Switz's leadership, ADC emerged from the technology crash of 2001 successfully. The company then delivered five consecutive years of revenue growth, improved profitability, and increased cash from 2003 to 2008. More recently, he placed the company on a renewed profitable growth trajectory coming out of the global recession of 2009 and 2010.
Prior to his 17-year career at ADC, Bob held key executive positions at Burr-Brown Corporation, GulfStar, PepsiCo, AMF, and Olin Corporation, and is a former Director of the Telecommunications Industry Association (TIA). He is also a board member of Broadcom (NASDAQ) and Micron Technology (NYSE). Bob holds an MBA in Finance from the University of Bridgeport, and a BS in Marketing and Economics from Quinnipiac University.