Portland l Corporate Governance and Venture and Private Equity Backed Companies
Panelists Mark Dorman of Endeavour Capital; Diane Fraiman of Voyager Capital; Gerry Langeler of OVP Venture Partners; and business founder and CEO, investor and director Peter Stott, will discuss how boards navigate and manage conflicts with controlling investors, founders and other stakeholders. Moderator Bob Wiggins of Lane Powell and Mount Hood Equity Partners will engage the panelists as they address important issues, such as:
- The relationship with the founder as board member and CEO
- Challenges arising when members of management are on a board and also in a reporting relationship
- Challenges involved when the founder (in the case of a venture deal) or seller (in the case of a PE deal) is no longer CEO but remains on the board
- The conflicts inherent in multiple classes of stock and the duties a director has to all shareholders
- Challenges arising from different investment time horizons
Chris Brisbee, Event Co-Chair
Chris is President of the Property Casualty division of USI in the Northwest. Chris provides advice and counsel on risk management issues and insurance program design to companies of all sizes, and develops effective risk management strategies and negotiating markets on behalf of his clients. From new venture formation, through IPO and all stages of commercial development, he works with companies on strategic issues, both domestically and internationally. Chris has more than 20 years of insurance industry experience, three of which are on the carrier side as an underwriter with Fireman's Fund. Prior to joining USI in 2008, Chris spent nine years at a large national brokerage firm, where he led its technology practice and its private equity and merger & acquisition initiatives. He also has extensive experience with the European and Bermuda marketplaces.
Bob Wiggins, Event Co-Chair
Bob Wiggins is a well-known entrepreneur, lawyer and investor in early-stage companies in the Pacific Northwest. Bob is a partner with Lane Powell, advising clients on mergers and acquisitions, financings and general corporate matters. Bob is also the manager of Mount Hood Equity Partners, LP, a venture fund headquartered in Lake Oswego, Oregon. Bob serves as a member of the Board of Directors of Routeware, Inc., as well as chairman of the board of Site9, Inc., a software company located in Portland. Bob served as a member of the management team (and ultimately as President) of BLT Technologies, Inc., an angel-financed company that was a pioneer in prepaid communications and was successfully sold in 1996 to WorldCom for $85 million. He was Chairman and CEO of Legal Anywhere, Inc., leading the legal software company’s efforts in two rounds of angel financing and the company’s successful sale in 2000 to NIKU for $27 million. Bob served as CEO of Site9 from 2010 through 2014. Bob has also been an active investor in a number of Pacific Northwest start-ups, including Learning.com; SnapNames.com; Decision Dynamics, Inc.; and DealPlanner, and has served on the Board of Directors or Advisory Board of other companies, including Veris Industries, Inc.; Kentrox; Cerus Industrial; Marketsync; Remote Technologies; LanePR; and Senva, Inc.
Location and Time
Ruth Chris Steakhouse
850 SW Boardway
Portland, OR 97204
4:00 pm - Registration & Networking
4:30 pm - Program
6:00 pm - Cocktail Reception
Mark DormanMark Dorman joined Endeavour in 1998. Since that time, he has worked with companies in a broad range of industries including healthcare, niche manufacturing, business services, and food and consumer. Mark currently serves on the boards of Alpha Media, Arizona Nutritional Supplements, Grant Victor, Providien Medical, and Nor-Cal Products. Mark received a B.S. from Lewis & Clark College and an M.B.A. from Harvard Business School. He was also previously a Certified Public Accountant. Outside of Endeavour, Mark is a Trustee of Lewis & Clark College. Mark divides his time between Portland, Oregon and Denver, Colorado. He and his wife have three grown children.
Gerry LangelerGerry Langeler joined OVP Venture Partners in 1992 and focuses on investments in the clean tech, communications and software sectors. He currently serves on the Board of Directors of CradlePoint, EnerG2, DataSphere and Novomer. During his career he has served on six public boards, as those companies went through successful IPOS. Prior to joining OVP, Gerry was co-founder of Mentor Graphics Corporation (NASDAQ: MENT) in Portland, OR in 1981. There he served as President, and over eleven years helped lead Mentor through its IPO to over $400M in worldwide sales and over $1B in market capitalization. He began his technology career at Tektronix. Gerry received his AB in Chemistry from Cornell University and his MBA from Harvard University. Gerry is the author of The Success Matrix – Winning in Business and in Life (Logos Press, 2014), Take the Money and Run! An Insider’s Guide to Venture Capital (Smashwords.com & Lulu Press, 2011) as well as The Vision Trap (Harvard Business Review, 3/92). In 2012 he was appointed by Oregon’s Governor to the Oregon Growth Board where he serves as co-chair. In 2011, he received a Lifetime Achievement Award from the Oregon Entrepreneurs Network.
Diane FraimanDiane Fraiman serves as a Partner with Voyager and focuses on software and digital media investments in the Pacific Northwest, particularly Oregon. With over 30 years of technology company experience in leading marketing, strategy and business development, Diane works with startups in the enterprise software, Internet/mobile/social, and security software industries throughout the West Coast. Diane was previously Senior Vice President of Marketing and Business Development for Sanctum, a VC-backed startup providing Web application security software (acquired by Watchfire) and Vice President of Worldwide Marketing for the database company Informix Software (acquired by IBM), both based in Silicon Valley. Prior to her move to Silicon Valley, Diane was Vice President of Marketing for Tektronix (acquired by Danaher) in their Video and Networking Division and a marketing executive with Sequent Computer (acquired by IBM), both based in Oregon. Diane is a Board observer of Act-On Software, Chirpify, Lytics, SheerID, Skyward, and Ubix, and on the boards of TiE Oregon, Portland Seed Fund, Oregon Israeli Business Alliance (OIBA), University of Oregon Seed Fund Advisory Board and the Oregon State University Advantage Accelerator Advisory Board. She graduated with a Bachelor’s degree from Vanderbilt University in Biomedical Engineering, and received an Executive MBA from Insead in Fountainebleau, France.
Peter W. StottPeter Stott has been president of Columbia Investments, Ltd. since 1983. He also served as the vice chairman and a principal of the real estate private equity firm ScanlanKemperBard Companies from 2005 to 2010 and as CEO of that company from 2008 to 2010. Stott was co-founder and former president and CEO of Crown Pacific from 1988 to 2004. He was the founder and former Chairman and CEO of Market Transport, Ltd., 1969 – 2006; one of the largest “asset-based” transportation and logistics services companies headquartered in Oregon. Market Transport, Ltd. was acquired in 2006 by UTI Worldwide, a NASDAQ traded transportation and logistics company.