Biometric software and services provider Aware Inc. has announced changes to its executive team and Board of Directors in the form of the departures of David J. Martin, Richard P. Moberg, and Kevin T. Russell, and the appointment of Peter R. Faubert.
Martin informed the Board of Directors of his intention to retire as Aware’s Chief Financial Officer (CFO), though he will stay on and assist the company in hiring his replacement before doing so.
Russell notified the Board of his intent to resign from his role as Aware’s Chief Legal and Administrative Officer, but will continue to serve in the role during a transition period. He will also continue with his role on the Board until it expires in May, but will not seek re-election.
“We will miss Dave and Kevin and thank them for their many years of dedicated service. We are in the process of securing their replacements and are pleased that both Dave and Kevin will be supporting Aware during this transition period,” said Robert A. Eckel, Aware’s president and CEO.
Moberg resigned from the Board effective March 27, with Chairman Brent P. Johnstone saying, “We want to thank Rick for his valuable contributions to Aware as a former executive officer, and for his over eight years of service on the Board. We wish him well.”
Aware also announced the appointment of Faubert to its Board, where he will also serve as a Class III director and a member of the Audit Committee, taking over from Adrian F. Kruse who will be retiring from his position.
Faubert brings over twenty years of experience working in leadership positions in public and private software companies, with his most recent role being the CFO, Treasurer and Secretary of Evolv Technology, Inc.
“We are pleased that Peter is joining the Aware board. His extensive finance leadership roles in a variety of public and private software companies will serve us well,” said Eckel. “I look forward to working with Peter using his valuable experience as we chart the course for the next phase of Aware,” he added.
March 31, 2020 – by Tony Bitzionis