TiVo has announced the election of Laura Durr and Loria Yeadon to its Board of Directors, effective immediately. The new appointments expand the size of the board from seven to nine directors.
Laura Durr brings nearly three decades of broad financial expertise at major technology companies in both the public and private markets to the TiVo Board. She most recently served as the EVP & Chief Financial Officer of Polycom from May 2014 until the acquisition of Polycom by Plantronics in 2018. Prior to becoming CFO, Durr held various finance leadership roles at Polycom between 2004 and 2014, including Senior Vice President-Worldwide Finance, Chief Accounting Officer and Worldwide Controller.
Loria Yeadon brings deep legal and operational expertise in intellectual property and licensing to the TiVo Board. Yeadon has been serving as the Chief Executive Officer of YMCA of Greater Seattle since February 2019. She most recently served as the Chief Executive Officer of Yeadon Intellectual Property, a specialised intellectual property consulting firm, from 2014 to 2019 and in various roles at Intellectual Ventures from 2009 to 2014, including serving as its Executive Vice President and General Manager of the IV transportation business, EVP of the Invention Investment Fund and as their Chief IP Counsel.
TiVo’s Corporate Governance and Nominating Committee conducted the search process in conjunction with leading professional search firm Spencer Stuart and identified, interviewed and evaluated a wide range of candidates. Following completion of the Committee’s evaluation process, the Committee and the Board approved of the candidates’ election to the Board. “We are very pleased to have these two extremely qualified, diverse business leaders add to the strength of TiVo’s board,” said Jim Meyer, chairman of the Board and chairman of TiVo’s Corporate Governance and Nominating Committee.
“Each of these individuals impressed our Board with their demonstrable records of significant accomplishment at the highest levels in their field and we believe they bring a powerful mix of expertise with specific relevance to TiVo’s business and its strategic opportunities moving forward regardless of the conclusion of the strategic alternatives process. The Committee enthusiastically recommended to the full Board the appointment of these two excellent directors,” added Meyer.