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Ciber names new chairman

May 23, 2016

IT solutions and staffing provider Ciber Inc. (NYSE: CBR) elected one of its directors, Mark Floyd, to the position of chairman effective immediately.

Floyd replaces Bobby G. Stevenson, Ciber co-founder and former chairman, who will remain a member of the company`s board of directors.

“It’s a privilege to be a founder and lifelong supporter of Ciber,” said Stevenson. “The company has accomplished a great deal in its more than 40 years, and I am confident that Mark Floyd is the right person for the next stage in Ciber’s progression.”

Floyd joined the Ciber board in June 2015. He has extensive experience in the technology industry, currently serving as a partner at venture capital firm TDF Ventures. Previously, he was CEO and chairman of Cyan Inc., now part of Ciena Corp. Floyd has also held executive positions at a number of information technology companies, including SafeNet, Entrisphere (now part of Ericsson) and Efficient Networks, and was on the board of directors for Riverbed Technology Inc.

“The Ciber board owes a great deal to Bobby for his years of steadfast leadership,” Floyd said. “I am honored to be named chairman and look forward to continue working with my fellow board members and the management team as the company completes its transformation. The board and management are aligned around Ciber’s strategy to drive efficiency and execute on a growth strategy that enables our clients to modernize both their operating and labor models.”