Business
Digimarc Welcomes Former Northrop Grumman General Counsel Sheila Cheston and PwC Chief Administrative Officer Dana Mcilwain to Board of Directors
Industry veterans bring decades of leadership, governance, and operational expertise to Digimarc as the company accelerates its global growth BEAVERTON,
About this update from Digimarc Corporation
[{"type":"text","content":"\nIndustry veterans bring decades of leadership, governance, and operational expertise to Digimarc as the company accelerates its global growth\n\n BEAVERTON, Ore.--(BUSINESS WIRE)--\nDigimarc Corporation (NASDAQ: DMRC), a global leader in digital watermarking technologies, today announced the election of Sheila Cheston, former General Counsel at Northrop Grumman, and Dana Mcilwain, former Chief Administrative Officer and Global Operations Leader at PricewaterhouseCoopers (PwC), to its Board of Directors, effective October 1, 2024. Cheston will serve on the Audit, Governance, Nominating, and Sustainability, and Compensation and Talent Management Committees, while Mcilwain will join the Audit and Governance, Nominating, and Sustainability Committees. Simultaneously, Milena Alberti-Perez, who has served on the Digimarc board since 2022, has announced her decision to resign as a director.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001063576/en/Sheila Cheston, former General Counsel at Northrop Grumman, is elected to the Digimarc Board of Directors. Cheston is a seasoned executive with over 30 years of experience crafting global strategies and leading major corporate transactions for multinational corporations and the federal government. (Photo: Business Wire)\nCheston is a seasoned executive with over 30 years of experience crafting global strategies and leading major corporate transactions for multinational corporations and the federal government. As General Counsel at Northrop Grumman for 13 years, she helped drive significant growth and long-term value for shareholders. Mcilwain, with over 35 years at PwC across various leadership roles, has a proven record of leading large-scale business and industry transformations, bringing disruptive technology solutions to the market in a scalable fashion, and enhancing operational and financial performance across global markets.\n\n“As our technology continues to gain recognition across both public and private sectors, Sheila’s and Dana’s wealth of experience in strategic, operational, and financial leadership will help us maximize the current market opportunities,” said Riley McCormack, President and CEO of Digimarc. “Their addition to our Board further strengthens our ability to scale and meet the growing demand for ou...