Lumidigm appoints new CEO
Lumidigm Inc., the multi-imaging biometric identity management company, announced that its Board of Directors has appointed Lumidigm Board member Mark Shermetaro as CEO. Lumidigm Co-founder, Chairman and CEO Bob Harbour will stay on as Executive Chairman of the Board of Directors, effective February 1.
“We are fortunate to be able to bring someone with Mark Shermetaro’s market-focused business development skills and experience to Lumidigm during this period of rapid revenue growth and ambitious product development,” said Harbour. “After three successive years of sustained growth and record revenues, the stage is set to accelerate the maturation of this company with someone with Mark’s skills and experience at the helm.”
Shermetaro said, “As a Board member I have been impressed by Lumidigm’s development into a profitable enterprise with industry-leading products and a rich portfolio of intellectual property. I am excited to join the Lumidigm executive team during this dynamic time in the company’s development and to continue my close working relationship with Bob and the rest of the Board and Investor Group.”
Shermetaro comes to Lumidigm from his position as vice-president of business development at Methode Electronics, where he was responsible for leading corporate M&A activity. Shermetaro served on the Lumidigm Board of Directors for two years.