Board of Directors
Principal, Cedar Grove Partners, LLC
Scott Anderson has served as a Director since March 1997. Mr. Anderson has been a principal of Cedar Grove Partners, LLC, an investment and advisory concern, since 1997, and a principal of Cedar Grove Investments, LLC, a private seed capital firm, since 1998. Mr. Anderson was with McCaw Cellular/AT&T Wireless, most recently as Senior Vice President of the Acquisitions and Development group, from 1986 until 1997. Before joining McCaw Cellular in 1986, Mr. Anderson was engaged in private law practice. More recently, Mr. Anderson served on the board of directors and was Audit Committee Chairman of SunCom Wireless Holdings, Inc. until its acquisition by T-Mobile USA, Inc. in February 2008. Mr. Anderson has been a director of TC Global, Inc., a public registrant, since July 2010. He currently serves on the board of directors of several private companies, including mInfo, Inc., Digital Scirocco, Inc., Globys, Inc., Root Wireless, Inc. and Anvil Corp. Mr. Anderson is a member and Chief Executive Officer of Toba Inlet PCS, LLC, a wireless license holder. He holds a Bachelor of Arts degree in History from the University of Washington, magna cum laude, and a J.D. from the University of Washington Law School, with highest honors.
General Partner, Oak Investment Partners, LLC
Bandel Carano originally served as a Director of Kratos from August 1998 to June 2001 and re-joined the Board in October 2001. Mr. Carano joined Oak Investment Partners in 1985 and became a General Partner in 1987. Mr. Carano’s investment focus is on Clean Energy and Information Technology. In addition to Kratos, Mr. Carano is currently on the boards of Airspan Networks, Aurora Algae, Boston Power, Centric Software, eSolar, FirstRain, Good Technology, MobiTV, Nexant, NeoPhotonics, nLight Photonics, Plastic Logic, Protean Electric, ReliOn, SmartDrive, Solarflare Communications and Sundrop Fuels. Mr. Carano has also led investments in and/or served on the boards of Avici, CoreTek, Endwave, Fiber Tower, General Bandwidth, Mimosa Networks, Netopia, Picture Tel, Polycom, Presidio, Qtera, Sentient Networks, Tegic, Trapeze Networks, Wellfleet, Entropic, Illustra/Informix, Sybase, Tele Atlas, Actel, Airgo Networks, CommQuest, Kenet, Level 5, NanoH2O, NemeriX, Newport Media, Resonext, SMIC, Synaptics, Virata, Interconnectix, Parametric, SunSun Lighting, Synopsys, Tensilica, Wavestream, Zayo and 2Wire. Prior to Oak, Mr. Carano joined Morgan Stanley's Venture Capital Group in 1983. He was responsible for advising Morgan Stanley on high-tech new business development, as well as sponsoring venture investments. Mr. Carano received Bachelor of Science and Master of Science degrees in Electrical Engineering from Stanford University. He currently serves on the Investment Advisory Board of the Stanford Engineering Venture Fund.
President & CEO, Kratos Defense & Security Solutions, Inc.
Eric DeMarco joined Kratos in November 2003 as President and Chief Operating Officer. Mr. DeMarco was appointed a Director and assumed the role of Chief Executive Officer in April 2004. Prior to coming to the Company, Mr. DeMarco most recently served as President and Chief Operating Officer of The Titan Corporation (Titan). Prior to his promotion to President and Chief Operating Officer, Mr. DeMarco served as Executive Vice President and Chief Financial Officer of Titan. Prior to joining Titan, Mr. DeMarco served in a variety of public accounting positions, primarily focusing on large multinational corporations and publicly traded companies. Mr. DeMarco holds a Bachelor of Science degree in Business Administration and Finance, summa cum laude, from the University of New Hampshire. A corporate biography for Mr. DeMarco is available here.
Safe Boats International, LLC
William Hoglund has served as a Director since February 2001 and Chairman of the Board since June 2009. Mr. Hoglund has been a member and owner of SAFE Boats International, a leading manufacturer of vessels for military, law enforcement, and commercial purposes, since 2000. From 1994 to 2000, Mr. Hoglund served as Vice President and Chief Financial Officer of Eagle River, LLC, a private investment company. During his tenure at Eagle River, Mr. Hoglund served as a director of Nextel Communications, Inc. and Nextlink Communications, Inc. From 1977 to 1994, Mr. Hoglund worked for J.P. Morgan & Co. and several of its subsidiaries. Mr. Hoglund held a variety of positions in J.P. Morgan’s commercial and investment banking operations. Mr. Hoglund holds a Bachelor of Arts degree in Management Science and German Literature, cum laude, from Duke University and Master of Business Administration from the University of Chicago.
Cedar Grove Partners, LLC
Scot Jarvis has served as a Director since February 1997. Mr. Jarvis co-founded Cedar Grove Partners, LLC in 1997, an investment and consulting/advisory partnership with a focus on wireless communications investments. He is a member of the control group of Toba Inlet PCS, LLC, a wireless licensee. Prior to co-founding Cedar Grove, Mr. Jarvis served as a senior executive of Eagle River, Inc., an investment firm owned by Craig McCaw. While at Eagle River he founded Nextlink Communications on behalf of McCaw and served on its board of directors. He has also served on the board of directors of Nextel Communications, NextG Networks, Inc., Wavelink Communications, Inc., NextWeb, Inc., Leap Wireless, and Cantata Technologies, Inc. From 1985 to 1994, Mr. Jarvis served in several executive capacities at McCaw Cellular Communications until it was sold to AT&T. Mr. Jarvis currently serves on the board of directors of Good Technologies, Airspan Networks, RootMetrics, Vitesse Semiconductor, Inc. and Slingshot Sports. Mr. Jarvis is a venture partner with Oak Investment Partners, a venture capital firm. Mr. Jarvis holds a Bachelor of Arts degree in Business Administration from the University of Washington.
Jane E. Judd
Jane Judd joined as a Director in January 2011. Ms. Judd is a government contracting and national security industry veteran and she brings significant financial and previous director experience to the Kratos Board. Ms. Judd was previously Vice President and Corporate Controller of the Titan Corporation, having a tenure at Titan of 10 years. Titan was a major national defense services and solutions provider, which was acquired by L3 Corporation in 2005, for a total transaction valuation of approximately $2.65 billion. More recently, Ms. Judd was Senior Vice President and Chief Financial Officer of Telisimo International, where she was also a member of the Telisimo Board of Directors. Ms. Judd has previously held National Security clearances, including Top Secret, and will apply for renewal of her security clearances as a Director of Kratos. Ms. Judd is a Certified Public Accountant and she received a Bachelor of Science degree from the University of Utah in 1976.
Sam Liberatore has been a Director since January 2009. Mr. Liberatore served 30 years in the United States Army, where he held a variety of positions related to weapons system operations, research, development and acquisition before retiring as a Colonel. Following his military career, Mr. Liberatore was the Chief Operating Officer for Madison Research Corporation, building it from approximately $3 million in annual revenue to $64 million, until its acquisition by Kratos in 2006, and was President of Kratos' Weapon Systems (Madison Research) division until he retired in December of 2008. Mr. Liberatore holds a Bachelor of Science degree in Mathematics from Loyola College, Baltimore and a Masters of Science degree in Guided Missile Engineering from the University of Texas El Paso. He resides in Huntsville, Alabama.