BELLEVUE, Wash., Nov. 6, 2018 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR), a provider of software and services targeted at the Industrial Internet of Things (IIoT) market, today announced the appointment of Davin Cushman, CEO of Ignite Technologies, to the company's board of directors, effective immediately. Mr. Cushman will replace Kendra VanderMeulen, who resigned from the Board after more than 13 years of service. Mr. Cushman will serve as a Class I Director and, as such, his term of office will expire at the company's 2019 Annual Meeting of Shareholders.
"We are pleased to welcome Davin Cushman to the board," said Andrew Harries, Bsquare executive chairman. "Davin brings extensive enterprise software and general management experience, including a disciplined approach to sustainable and profitable operations. He also has experience establishing repeatable process for delivering customer success with the types of global customers that are at the core of Bsquare's software and services businesses. The board and I believe that Davin's experience and perspective will help us drive the well-balanced growth of Bsquare. I would also like to extend my gratitude to Kendra VanderMeulen, who served on Bsquare's board for more than a decade. We thank Kendra for her time and contributions."
Mr. Cushman is currently the CEO of Ignite Technologies and its affiliates, a set of enterprise software and services companies operating under the private ownership of ESW Capital. Mr. Cushman is also the founder and president of Cushman Management Company, a boutique strategy consulting firm delivering executive committee and board of director level recommendations for the long-term, profitable operation of enterprise software companies. Prior to taking these roles in 2010, Mr. Cushman held operations analysis roles with Capital One Financial Corporation as well as leadership positions with enterprise software company Trilogy and its spin-off, pcOrder.com. Mr. Cushman earned an AB in Politics from Princeton University and an MBA from the Kellogg School of Management, Northwestern University.
"I look forward to working with management and the board to provide the senior management team with perspective and ideas to support their efforts to grow the company," said Mr. Cushman. "I am excited by Bsquare's potential for sustainable growth in its software and services businesses and am honored to be entrusted with the responsibility to help the company achieve that potential."
For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes. Bsquare DataV software solutions can be deployed by a wide variety of enterprises to create business-focused Internet of Things (IoT) systems that more effectively monitor device data, automate processes, predict events and produce better business outcomes. Bsquare goes a step further by coupling its purpose-built DataV software with comprehensive analytic and engineering services that can help organizations of all types make IoT and digital business a reality. For more information, visit www.bsquare.com.
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