Monday, September 30, 2013

Identive Group, Inc. (INVE) Announces Management Promotions and New Chairman of the Board

Deliver of trusted access solutions, Identive Group announced the recruitment of Steven Humphreys as its new chairman of the board. The company also reported the promotion of Lawrence Midland to the position of president and Dr. Manfred Mueller to chief operating officer.

“Identive’s ability to operate as a united, focused company is strengthened with the appointments approved by our board today,” stated chief executive officer of Identive, Jason Hart. “Steve brings practical wisdom and experience to the role of chairman, gained from his successes as a technology executive and as a long-time affiliate of the company. Larry and Manfred combine excellent operational performance with strong leadership and passion. These changes continue our momentum to refocus the company, simplify our structure and leverage our strong capabilities to deliver trusted access solutions for the connected world.”

Responding to his acceptance of the position of chairman, Humphreys commented, “This is a time of major evolution for the security industry and an exciting time for Identive. The company has unique strengths and expertise to address the growing need to trust everything in the connected world — including people, buildings, information, and even assets. I look forward to working with Jason and the senior leadership team. On behalf of the board, I would like to express our appreciation to Ayman for his leadership and service.”

A director of the company since 1996, Steven Humphreys was previously an independent director and prior to that served as chairman of the board from 2000 to 2007. Additionally, from 1996 to 2000 he served in the positions of president and chief executive officer. Humphreys will succeed Ayman S. Ashour.

With over 25-years of experience, Humphreys has led numerous technology companies, including ActivCard, Kleer Corporation, and the Caere Corporation. He currently serves as the chief executive officer of Flywheel Software, Inc., a privately held location-based mobile solutions company.

Co-founder of Hirsch Electronics in 1981, Lawrence Midland led the company until its acquisition by Identive in 2009. Post-acquisition he served as executive officer and director of Identive, specifically managing the HIRSCH brand of physical access control products, systems and services, of which currently make up one-quarter of the company’s revenues. Prior to Hirsch Electronics, Midland held the position of president of several companies. His experience also includes various sales positions in investment-related firms, as well as a position with Shell Oil Company as a field engineer. He holds a BS degree in Physics from the University of Oklahoma and an MBA degree from Pepperdine University.

Dr. Manfred Mueller has been a part of Identive for over 13 years, holding a number of roles. His background includes positions in sales, marketing, and operations. He currently leads Identive’s global products business, of which approximates for half of the company’s current revenues. Previously, from 1998 to 2000 Mueller held the role of business product manager at BetaResearch GmbH, the digital TV technology development division of the Kirch Group. He earned a MS and PhD degree in Chemistry from Regensburg University in Germany and an MBA from the Heriot Watt University in Edinburgh, Scotland.

To learn more, visit www.identive-group.com

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