Bob Hammer has served as our chairman, president and chief executive officer since March 1998. He was also a venture partner of the Sprout Group, an internal division of Credit Suisse First Boston Private Equity, Inc., from 1997 until December 2003. Before joining the Sprout Group, Hammer served as the chairman, president and chief executive officer of Norand Corporation, a portable computer systems manufacturer - from 1988 until its acquisition by Western Atlas, Inc. in 1997. He led Norand following its leveraged buyout from Pioneer Hi-Bred International, Inc., and through its initial public offering in 1993. Previously, he spent a year as chairman, president and chief executive officer of publicly-held Telequest Corporation, and five years in the same capacity with privately held Material Progress Corporation. Before joining Material Progress, Hammer spent 15 years in various sales, marketing and management positions with Celanese Corporation, rising to the level of vice president and general manager of the structural composites materials business. He obtained his bachelor's and master's degrees in business administration from Columbia University.
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