Posted 3/30/2011 11:44 am
Updated 2 years ago
Jerry D. Gramaglia, a director of Acxiom Corp. since 2009, was named Wednesday as interim CEO following the resignation of John A. Meyer.
So who is he?
Gramaglia, who was 54 when Acxiom's last proxy statement was released in June, was described in that filing as a private investor and adviser to "consumer-oriented technology start-ups." It also said he had "recently" served as a partner for Arrowpath Venture Partners, a Silicon Valley venture capital firm.
But he previously was president and chief operating officer for E*Trade Group Inc., a publicly traded (Nasdaq:%%ETFC%%) provider of electronic financial services.
He began his career at Procter & Gamble and has held "senior marketing and general management positions" for Nestlé, PepsiCo, Imasco and Sprint.
He's also on the board of directors of Coldwater Creek Inc. (Nasdaq:%%CWTR%%), the women's clothing store chain. He has a bachelor's degree from Denison University in Granville, Ohio.
Here's why Acxiom thought he was a good fit for its board of directors, as expressed in the 2010 proxy:
"Mr. Gramaglia's experience as president, chief operating officer and chief marketing officer of a public company, his service on the board of another public company, and his marketing, financial, technology and management expertise qualify him to serve on our board. Through his experience, Mr. Gramaglia brings an extensive, multi-disciplined perspective to the board.
"As an advisor to early-stage companies, Mr. Gamaglia's knowledge of cutting-edge technological developments is particularly valuable as new and emerging technologies are important factors that contribute to the success of the Company."