Motive announced the appointment of a new chairman and chief executive officer

February 21, 2006

2 Min Read

AUSTIN, Texas -- Motive, Inc. (NASDAQ:MOTVE - News), a leading provider of broadband management software, today announced the appointment of a new chairman and chief executive officer.

Alfred Mockett brings to Motive more than 30 years of experience in executive management and strategic decision-making in the technology and telecommunications industries, including ten years at BT, where he served as chief executive of BT Ignite, the company's $6 billion broadband and Internet services business unit. More recently, Mr. Mockett was the chairman and chief executive officer of American Management Systems (AMSY), the $1 billion revenue IT consulting and professional services company. AMS was acquired in 2004 by the CGI Group.

Mr. Mockett's appointment follows the resignation of Scott L. Harmon, who had served as Motive's CEO and Chairman and co-founded the company in 1997. Mr. Harmon will continue to work with Motive as a consultant.

"Alfred brings significant strength to Motive's executive management team during an important time in the company's history," said Motive director Mike Maples, Sr. "His leadership abilities and vision, combined with his unique industry perspective, will be key assets for Motive."

"Motive has consistently delivered compelling results to a world-class customer base," said Alfred Mockett. "I am excited to take this role and help Motive grow with the industry as the era of broadband service convergence takes shape. I look forward to working with Motive's customers and employees to ensure we continue to deliver the leading-edge technology our customers have come to expect."

"Given the battle for the 'digital home,' and Motive's unique positioning, having Alfred join us and lead Motive at this time is a tremendous opportunity that will help the company capitalize on changing market dynamics, and position it for future growth and success," said Mr. Harmon.

As chairman and chief executive officer, Mr. Mockett has been granted 200,000 shares of restricted stock and a non-qualified stock option to purchase up to 750,000 shares of Motive's common stock at an exercise price of $3.40 per share. Shares subject to both the restricted stock grant and the option will vest on a quarterly basis over three years and may be subject to accelerated vesting under certain circumstances, including upon a change-in-control of Motive.


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