Edgio Announces New Board of Directors - Seite 2

Frank Verdecanna – Mr. Verdecanna has more than 29 years of experience working for various technology companies and a public accounting firm. He has been a Chief Financial Officer for more than 14 years with two different public and two different private companies. Mr. Verdecanna held senior finance positions and was the EVP and Chief Financial Officer of Mandiant, Inc. (formerly FireEye, Inc.), a cyber threat intelligence company that provides products and services to defend against cybercrime, from November 2012 until its acquisition by Google, Inc., in September 2022.

Mio Babic – Previously the founder and CEO of iStreamPlanet, a digital media software-as-a-service company, Mr. Babic is recognized as a pioneer in digital media who has driven many firsts for the industry, including the first live streaming implementation of digital rights management, the first live multi-camera webcast, and the first cloud-native, API-first live encoder, among many others.

Dianne Ledingham – A seasoned technology executive leader with more than 30 years of experience helping companies unlock enterprise value as a senior partner in Bain's Customer Strategy and Marketing Technology and Cloud Services (TCS) Practices. Having led some of Bain’s most significant TCS client relationships, she has worked with organizations to deliver outsized growth, successful acquisition and merger integrations, and transformations. Dianne also founded Bain’s Global Sales and Channel Excellence Practice as part of the Customer Practice, where she led the group for seven years, helping companies drive growth across industries. Ms. Ledingham has also served on the Board of Directors of Pegasystems (NASDAQ: PEGA) since 2016.

"With the guidance of our new Board of Directors, and enhanced financial flexibility via the transactions with Lynrock, Edgio is well-equipped to strengthen its position as a leading edge-enabled solutions provider," said Bob Lyons, Chief Executive Officer at Edgio. “Our new Board brings deep capabilities spanning software-as-a-service, cybersecurity/threat intelligence and public company governance. This industry and operational experience brings tremendous value to the Company as we continue to navigate our transformation. I want to sincerely thank our departing board members for their contributions to our journey thus far."