Corporate governance & Committees

Lloyd Carney was the former Chairman/CEO of ChaSerg Technology Acquisition Corp. a Nasdaq listed company. Previously, he was CEO of Brocade and member of the Brocade Board of Directors, Brocade was acquired by Broadcom. Before joining Brocade, Lloyd was CEO and member of the board of directors at Xsigo Systems, a private technology leader in the data center virtualization market with solutions for cloud computing and software-defined networking. Xsigo was acquired by Oracle. Previous to Xsigo, he was CEO of Micromuse, a Nasdaq listed network management software company which was acquired by IBM. Lloyd also has extensive experience in the IP networking industry. He served as COO at Juniper Networks where he oversaw the engineering, product management, and manufacturing divisions. Lloyd also served as President of the core IP, wireless Internet, and the enterprise divisions at Nortel Networks, which generated multi-billion dollars in revenue. Lloyd holds a Bachelor of Science degree in Electrical Engineering Technology and an Honorary PhD from the Wentworth Institute of Technology. He also earned a Master of Science degree in Applied Business Management from Lesley College in Cambridge, Massachusetts. He serves on the following Boards: VISA (BOD/Audit Committee Chair), Nuance (BOD/Chairman of the Board), and Vertex (BOD/Audit Committee).

Leonard Livschitz has served as a director of Grid Dynamics’ board of directors since 2006 and the Chief Executive Officer of Grid Dynamics since 2014. Prior to joining Grid Dynamics as Chief Executive Officer, Mr. Livschitz co-founded the LED solutions company Luxera, serving as director from 2010 to 2014 and as President and Chief Executive Officer from 2010 to 2014. Prior to that, was Vice President of Sales and Marketing at Ledengin. Mr. Livschitz has over 25 years of experience in the high tech industry. He has held executive and management roles in sales, marketing, business development, and R&D with Philips Lumileds Lighting, Ledengin, Visteon Lighting and Ford Motor Company. Mr. Livschitz holds a Masters of Science degree in Systems and Control Engineering from Case Western Reserve University and a Masters of Science in Mechanical Engineering from Kharkiv State Polytechnic University, Ukraine. We believe Mr. Livschitz’s extensive experience in and knowledge of the high tech industry, as well as his experience with executive and management roles and responsibilities at Grid Dynamics, provide him with the necessary skills to serve as a member of the board of directors.

Eric Benhamou a director since inception, co-founded Bridge Communications, a specialist in computer network technologies in 1981. Bridge Communications later merged with 3Com Corporation, a networking equipment vendor, in 1987. Thereafter, he became Chief Executive Officer of 3Com, serving there from 1990 to 2000, and as chairman until 2010. As 3Com’s Chief Executive Officer, he led the company in acquiring US Robotics, the owner of Palm, Inc. the maker of the groundbreaking Palm Pilot. Palm, Inc. was thereafter spun off in 2000, and Mr. Benhamou served as its Chief Executive Officer until 2003. In 2003, Mr. Benhamou founded Benhamou Global Ventures (“BGV”), a venture capital firm focused on technology companies, specializing in cloud software, artificial intelligence cyber security, and mobile applications. Mr. Benhamou has been a member of the board of directors of Silicon Valley Bank since 2004. He has been a member of the board of directors of Finjan Holdings, a cybersecurity firm, since 2013. He served on the board of Cypress Semiconductor as chairman for over a decade, until 2017. He also serves on the board of several privately held technology companies, including Ayehu, an IT automation and orchestration platform, Totango, a provider of customer success software, Virtual Instruments, an IT infrastructure performance management platform, and 6dbytes, a food robotics company. He holds an M.S. from Stanford University’s School of Engineering and a Diplôme d’Ingénieur and a Doctorate from Ecole Nationale Supérieure d’Arts et Métiers, Paris. Mr. Benhamou taught entrepreneurship in various business schools around the world for over 10 years, principally at INSEAD, Stanford University and IDC’s Herzliya’s Arison School of Business, where he was a visiting professor. He also served on the Advisory Board of Stanford’s school of Engineering and the Board of Governors of Ben Gurion University of the Negev in Israel. We believe Mr. Benhamou is qualified to serve on our board of directors due to his extensive operational and management experience in the technology industry as well as his public company governance experience and his venture capital background.

Marina Levinson brings more than 30 years of corporate leadership experience in technology, cybersecurity and business process transformation, including over 12 years as global CIO of NetApp and Palm. She is the founder and CEO of CIO Advisory Group, LLC, which provides executive technology advice to C-suite leaders, PE and VC firms, and startups. In addition, she is a partner at Benhamou Global Ventures, an early stage VC firm focused on Enterprise IT investments. Ms. Levinson is on the board of directors of Personal Capital, a private company in the digital wealth management space. Previously she served on public boards of Ellie Mae, a leading provider of innovative SaaS solutions and services for the residential mortgage industry and Carbonite, a leading provider of data protection services for businesses and consumers.

Michael Southworth has served as the General Manager of the Intelligent Self-Service business at Verint Systems, Inc., a leading provider of customer engagement solutions, since February 2016. From June 2014 to February 2016, Mr. Southworth was Chief Executive Officer of Contact Solutions, a company acquired by Verint in February 2016 and led Contact Solution’s business transformation, including strategy planning, risk mitigation, executive recruitment and change management. For over two decades, Mr. Southworth has directed companies from the start-up phase through major periods of growth, leading numerous equity and debt financings and over $5.0 billion in mergers and acquisitions. Prior to Contact Solutions, Mr. Southworth was Senior Vice President of Global Wireless Solutions at Corning. In addition, he held senior financial roles at a number of technology companies including MobileAccess Networks, Telemus Solutions, Lucent Technologies, Chromatis Networks, and the X-Stream Network. Mr. Southworth began his career in the Silicon Valley office of PriceWaterhouse Coopers where he managed IPOs and advised clients on tax and accounting matters. Mr. Southworth holds a Bachelor of Science from the University of California at Berkeley. He is a Certified Public Accountant in the State of California and currently serves on the Board of Directors of Finjan Holding, Inc. and Quality of Life Plus. We believe Mr. Southworth is qualified to serve on our board of directors due to his extensive operational and management experience with multinational technology growth companies and expertise in equity and debt financing.

Mr. Wang has served as a non-employee director of Grid Dynamics’ board of directors since 2017. Mr. Wang has been a Director of ASL, the former parent company of Grid Dynamics, since 2009 and was re-designated from a Non-Executive Director to an Executive Director in May 2014. Mr. Wang has also served as the chairman and a director of Teamsun, ASL’s ultimate holding company listed on the Shanghai Stock Exchange, since 2014, and currently is also the sole director of Hong Kong Teamsun. Hong Kong Teamsun is a wholly-owned subsidiary of Teamsun. Mr. Wang previously also served as the chief executive officer of Teamsun from 2014 to July 2019. Prior to his re-designation as the chairman and chief executive officer of Teamsun in 2014, Mr. Wang was the general manager of Teamsun, and the vice-chairman and general manager of Teamsun’s first board of directors. Mr. Wang holds an Executive Master’s Degree in Business Administration from Tsinghua University in the PRC and a Master’s Degree in Semiconductor Materials and Microelectronic Technology from the Information and Electronic Engineering Department of Zhejiang University in the PRC. Mr. Wang was awarded as China Software Industry Outstanding Entrepreneur Laureate and China Software Industry Prestige Award Laureate by China Software Industry Association in 2009. He was also awarded the “Innovation Outstanding Personality of Chinese Brand Award” in 2011. We believe Mr. Wang’s leadership roles in the IT industry and background in technology and engineering enable Mr. Wang to provide valuable insight to the board of directors regarding business strategy and industry trends.

Mr. Wang has served as a non-employee director of Grid Dynamics’ board of directors since 2017. Mr. Wang has served as Chief Executive Officer and Executive Director of ASL, the former parent company of Grid Dynamics, since September 2016 and September 2015, respectively. Mr. Wang joined ASL in 2011 as Financial Controller, Chief Financial Officer and Joint Company Secretary. Mr. Wang is currently a director of certain ASL subsidiaries and an associate of ASL (i.e., the directorship of i-Sprint). He was a director of Teamsun from December 2017 until February 2020. Previously, Mr. Wang was the Chief Financial Officer and a board secretary of Guangzhou Headway Technology Co., Ltd., and a regional finance manager (China) of Wistron Information Technology & Services Corporation. Mr. Wang holds a Bachelor’s degree in International Accounting from Jinan University, a Master’s degree in Business Administration from University of Wales, United Kingdom and an Executive Master’s degree in Business Administration from Research Institute of Tsinghua University. We believe Mr. Wang’s financial management expertise, including his expertise in the IT industry, provides him with the necessary skills to serve as a member of the board of directors and enables him to contribute valuable insight regarding financial and strategic business issues.

Shuo Zhang has served as a non-employee director of Grid Dynamics’ board of directors since 2017. Ms. Zhang currently serves on the boards of directors at several public and private companies, including S.O.I.TEC Silicon on Insulator Technologies SA, Telink Semiconductor and PDF Solutions. She is also actively involved with private venture capital firms in the Silicon Valley and currently serves a China Advisory Partner for BGV. From December 2007 to September 2015, Ms. Zhang served in various senior management capacities at Cypress Semiconductor, including corporate development, general management and worldwide mobile sales. Prior to Cypress, Ms. Zhang served in many different product, marketing and sales management roles in Silicon Light Machines, Agilent Technologies, Altera Corporation, and LSI Corporation. Ms. Zhang holds a Bachelor’s Degree in electrical engineering from Zhejiang University and a Master of Science in material science and mechanics from Penn State University. We believe Ms. Zhang is qualified to serve on our board of directors due to her experience in general management, marketing, sales and strategic business development.

Patrick Nicolet is the Founder and CEO of Line Break Capital Ltd, a technology company specialized in the Enterprise Data Value Chain that was launched on January 1st, 2021. Prior to that, he spent over twenty years working at Cap Gemini — including seven as a Group Executive Board member — assuming several global leadership positions. In December 2020, he concluded his latest mandate as Group CTO during which he oversaw the Group’s Technology, Innovation and Ventures agenda, as well as the global Cybersecurity and IT functions. Beginning his career as an entrepreneur, he’s led the creation of the first Swiss incubator — Y-Parc — for which he’s been recognized by the World Economic Forum as a Global Leader for Tomorrow at Davos (the precursor to the Forum for Young Global Leaders). It was the first private-public partnership in Switzerland that specialized in technology transfer services and that soon became a renowned science park. During that time, Patrick acted as an advisor on Innovation to the government of Switzerland. Patrick’s professional path provides him with a unique perspective on technology transformation and his experience allows him to devise and implement robust strategies that stand the test of time; anticipate new trends with tangible value; and advise stakeholders at all levels from a market and business standpoint. His experience between both the corporate and entrepreneurial worlds enables him to maneuver between the two with flexibility and precision. Driven by a strong belief in planet-centric design and values to match, Patrick can initiate change and implement long-lasting solutions that deliver impactful results. He brings along an extensive network of experts in the fields of technology, finance, and business. Patrick is a Swiss citizen and currently resides in the Swiss German part of the country with his wife. A real sports enthusiast, he practiced judo, tennis, and rugby at competition level, and enjoys water activities such as scuba diving and kite surfing whenever he gets the chance. Patrick received his Bachelor of Laws (LLB) from the Université de Lausanne in Switzerland in 1984. He then completed 1300 days of duty in the Swiss Air Force where he obtained the Grade of Major, with no active duty left. His past and current investments include NAX (New Asset Exchange – Decentralized Finance) CYSEC (Confidential computing on premise, in the cloud and hybrid), Olympe (Distributed data at speed and at scale), Crossbraced (Accounting optimization – Instantaneous cash flow vision), and Pace Revenue (AI-Driven Revenue Optimization). Patrick is also an Operating Partner at Benhamou Global Ventures since December 2021.