Box Announces Appointment of Peter Leav, former President and CEO of BMC Software, to its Board of Directors
REDWOOD CITY, Calif.--(BUSINESS WIRE)--May 6, 2019--Box (NYSE:BOX), a leader in cloud content management, today announced the appointment of Peter Leav to its Board of Directors, effective immediately following the conclusion of the 2019 Annual Meeting of Stockholders in June. Most recently, Leav was the President and CEO of BMC Software and prior to that, served as the President and CEO of Polycom.
“Peter brings years of deep industry expertise successfully scaling and leading multi-billion dollar enterprise technology businesses, and will be a fantastic addition to our Board of Directors,” said Aaron Levie, co-founder and CEO of Box. “Over the last year, we’ve added extensive experience to our board with the appointments of Sue Barsamian, Kim Hammonds, and now, Peter. Their collective expertise leading global companies, driving strategic vision, and executing with operational rigor will be invaluable to Box as we continue to scale and grow.”
“Box has a tremendous opportunity to capture a $40 billion market and pioneer a new category in Cloud Content Management,” said Peter Leav. “I’m thrilled to bring my experience managing global technology companies and working with leaders to drive growth and consistently deliver value for customers to the exceptional team at Box.”
Background on Peter Leav
Leav was most recently the President, Chief Executive Officer, and Director of BMC Software, Inc. Prior to joining BMC, he was the President and Chief Executive Officer, and Director of Polycom, a global collaboration business serving the enterprise market. Previously, he was also Executive Vice President and President, Industry and Field Operations of NCR Corporation, a global technology company, and at Motorola, Inc., Leav was Corporate Vice president and General Manager of the enterprise business in North America, Latin America and EMEA.
Earlier in his career, Leav held executive sales leadership positions at Symbol Technologies and Cisco Systems. Leav holds a bachelor’s degree from Lehigh University.
Board of Directors Update
As Leav joins the Board of Directors, Steven Krausz, a General Partner of U.S. Venture Partners and a long-standing Box Board member, has decided to step down as a member of its board, effective immediately following the conclusion of the 2019 Annual Meeting of Stockholders. Krausz’s relationship with Box dates back to 2008 when U.S. Venture Partners led the company’s Series B funding. He has served on the Board of Directors since 2013. Box and the Board wish to thank Krausz for his years of service and significant contributions to the company. Box has an ongoing search for one or more new directors underway.
Box (NYSE:BOX) is a leading Cloud Content Management platform that enables organizations to accelerate business processes, power workplace collaboration and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box works with 70 percent of the Fortune 500, including AstraZeneca, General Electric, Nationwide, and P&G, to drive business outcomes. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit http://www.box.com.
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Alice Kousoum Lopatto and Elaine Gaudioso
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET SOFTWARE
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