Board of Directors
Chief Executive Officer and Chairman of the Board of Directors
Bruce Davis has been Chief Executive Officer of Digimarc since 1997 and Chairman of the Board of Directors since 2002. He has more than 30 years of experience establishing, managing and growing businesses with an emphasis on emerging marketplaces. This includes introducing new digital technologies such as video games, computer entertainment, electronic TV program guides and secure identity management systems.
Mr. Davis is a thought leader and visionary, renowned for his insights into the possibilities and pitfalls associated with furthering the diffusion of innovative technologies into new markets. His has an unequaled track record of leadership and invention: he has been awarded more than 80 patents on television user interface improvements, innovations in media management and security, and intuitive computing.
Shortly after graduation from law school, Mr. Davis established the intellectual property practice at Orrick Herrington and Sutcliffe, a major international law firm. He left the practice of law to become Chairman and CEO of Activision, one of the largest video game companies in the world. He then founded and served as president of TV Guide On Screen (now part of Gemstar TV Guide International), a joint venture of News Corporation and TCI (now part of Comcast), which supplied electronic program guides and navigational software for the cable television market. Under his leadership, the company developed the leading electronic program guide for cable television.
In addition, Mr. Davis served as president of Prevue Networks, Inc., a supplier of electronic program guides and program promotion services for the cable and satellite television markets, and president of Titan Broadband Communications, a provider of information technology and satellite communications systems and services.
Mr. Davis has a law degree from Columbia Law School, a B.S. in accounting and psychology, and an M.A. in criminal justice, from the State University of New York at Albany.
James T. Richardson
James T. Richardson was elected to our Board of Directors in March 2003. Mr. Richardson is a director of and consultant to companies in the high-technology sector and has served as chief financial officer and chief administrative officer for five global technology companies ranging in size from $20 million to $300 million in annual revenue. Functional responsibilities have included controllership, treasury, corporate communications, operations, business development (mergers & acquisitions), information systems, human resources and legal affairs. His most recent executive post was as senior vice president and chief financial officer at WebTrends Corp., now a division of NetIQ (Nasdaq: NTIQ), from July 1998 to April 2001. Prior to that, he was senior vice president - corporate operations and chief financial officer at Network General Corporation (which has since merged with McAfee to form Network Associates) from April 1994 to January 1998; vice president finance and administration and chief financial officer at Logic Modeling Corp. (which has since been acquired by Synopsys) from July 1992 to March 1994; vice president finance and administration and chief financial officer at Advanced Logic Research, Inc. (which has since been acquired by Gateway) from November 1989 to July 1992; and similar posts in finance.
Mr. Richardson currently serves as a member of the Boards of Directors for three other companies, including FEI Company (Nasdaq: FEIC) (audit committee chair), Plumtree Software (Nasdaq: PLUM) (compensation committee chair, audit committee member), and Tripwire, a Portland, Oregon-based network security company (audit committee chair). Mr. Richardson received a B.A. in finance and accounting from Lewis and Clark College, an M.B.A. from the University of Portland, and a J.D. from the Lewis and Clark Law School. He graduated from Stanford Directors' College in 2001 and is both a C.P.A. and attorney in Oregon.
Richard L. King
Richard King is the former President and Chief Operating Officer (COO) of Albertsons Inc., with 45 years of retail, consumer products and food industry experience. Mr. King began his career with the national grocery company Albertsons in 1963. He held senior level management positions, including President and COO, from February 1996 to June 1999. Mr. King was instrumental in building Albertsons to a $16 billion operation, which included nearly 1,000 stores and more than 100,000 employees. Later Mr. King served as Vice President at Associated Food Stores, an independent supplier of wholesale goods to more than 550 stores, and President of two of its subsidiaries, Fresh Market and Associated Retail Stores. Mr. King also serves as an Advisory Board Member of Encore Associates, Inc., provider of business solutions for retailers, manufacturers and CPG companies.
Bern Whitney was elected to our Board of Directors in June 2005. Mr. Whitney is a retired corporate executive with 27 years' experience in the high technology and finance sectors, and since 2002 has served as an independent director and consultant. From June 1999 to July 2002, Mr. Whitney was the vice president and CFO of Handspring, Inc., a handheld computer and wireless communications manufacturer. From August 1997 to June 1999, Mr. Whitney was the executive vice president and CFO of Sanmina Corporation, a high-end data communications and telecommunications manufacturer. He served as the former vice president of finance and manufacturing operations (1996-1997) and corporate controller (1995-1996) of Network General Corporation, a developer of network management software. From 1987 to 1995, Mr. Whitney held a number of senior financial management positions at Conner Peripherals, Inc., a disk and tape drive manufacturer. He began his career in financial analysis and accounting at Friden Alcatel, an electronic office equipment supplier, from 1983 to 1987, and Randtron Systems, and electronic antenna systems manufacturer, from 1981 to 1983.
Mr. Whitney serves on and has served as a director on a number of public and private boards including Plumtree Software, Inc. (Nasdaq: PLUM) (audit committee chair, corporate governance committee member) and the California State University Business School. Mr. Whitney received a B.S. in business administration, majoring in finance, from California State University Chico and a masters of business administration from San Jose State University.
Gary DeStefano was elected to our Board of Directors in October 2016. Mr. DeStefano has 25 years of senior management experience at Nike Inc., which includes serving as Nike’s President of Global Operations for seven years. He was instrumental in delivering record growth and overseeing all business related activities across 190 countries worldwide. Mr. DeStefano began his career with Nike in 1982 as a Customer Service Area Manager. He held numerous senior executive positions, including Vice President, Global Sales, from 1993 to 1996, where he led the global expansion of the Nike business to markets outside of North America, and was responsible for driving sales growth worldwide. From 1997 to 2001, he served as Vice President & General Manager, Asia Pacific, where he managed all business in the Asia Pacific region including China, Japan, and South Korea. He was also responsible for the company’s largest business as President of USA Operations from 2001 to 2006.
Mr. DeStefano has served on a number of public and private boards, including on the Board of Directors, Umpqua Holding Corp. (Nasdaq: UMPQ); the Board of Regents, University of Portland, Portland, Or., University Relations and Academic Affairs committees; and the Board of Directors, Nike Foundation. He has a bachelor of science from the University of New Hampshire and a master of business administration from Southern New Hampshire University.
Andrew J. Walter
Andrew J. Walter was elected to our Board of Directors in October 2016. Mr. Walter has more than 25 years of operations, information technology and shared services experience, including his long tenure at The Procter & Gamble Company (P&G), where he most recently led their Global Business Services and IT Global Commercial Services and Delivery organization, with responsibility for more than 1,500 IT and multifunctional professionals and more than 5,000 partner resources. During his career at P&G he took on a variety of assignments, including roles in global R&D, product supply and manufacturing, marketing, and international sales and operations. He has deep expertise in the integration of emerging and core commercial technologies, supply chain management, sales and marketing, and consumer and business analytics. Under his leadership, P&G received the first-ever Excellence in Analytics Award by The International Institute of Analytics. In 2013, Harvard Business School added a P&G-based case study to their analytics’ curriculum. His teams have also been recognized with CIO 100 Awards in 2010, 2011 and 2012.
Mr. Walter has served on a number of boards, including the GS1 US Board of Governors as Chair for their technology committee, as well as serving as Trustee and Treasurer for the Ovarian Cancer Alliance of Greater Cincinnati. He received his bachelor of computer science from the University of Cincinnati.