Robin Wauters

EMC Corporation today announced that 26-year Accenture veteran Terry Breen has joined EMC as Senior Vice President of Strategic Alliances.

Reporting to Bill Teuber, EMC’s Vice Chairman, Breen will be responsible for enhancing and extending EMC’s strategic go-to-market relationships with the world’s leading systems integrators, outsourcers and service providers. In this role, Breen will align closely with EMC’s technology integration and channel distribution alliance teams to ensure a holistic and unified EMC relationship model across its entire partner ecosystem.

Breen (50) most recently served as Global Managing Partner of Accenture’s Electronics and High Tech Industry Practice and was a member of the Accenture Global Leadership Council.

He previously held the position of Global Managing Partner of the Management Consulting Group for the company’s $5 billion Communication and High Tech Operating Group. Promoted to Partner in 1993, Breen served many clients around the world including EMC, Sony, Ericsson, Nokia, Cisco, HP, Ingram Micro, Lockheed Martin, Microsoft, Siemens, and Samsung. Breen holds a master of business administration from George Washington University and a bachelor of arts from Amherst College.

Phoenix Technologies today announced that its Board of Directors has named Tom Lacey as the company’s President and Chief Executive Officer, effective as of February 25, 2010.

Additionally, Mr. Lacey has been appointed to serve as a member of the company’s Board of Directors.

Prior to joining Phoenix, Mr. Lacey served as corporate Vice President and General Manager of Applied Materials’ SunFab Thin Film Solar Products since 2009, where he was responsible for all aspects of the turnkey solar thin-film production business.  Prior to Applied Materials, from 2006 to 2007, Mr. Lacey was President of Flextronics International’s Components Group, an 8,000 employee division that designs and sells display, power system and camera cell phone modules.

Mr. Lacey joined Flextronics in connection with the successful $300 million sale to Flextronics of International Display Works (IDW), a developer of LCD displays, where he served as Chairman, President and Chief Executive Officer from 2004 to 2006. While at IDW, Mr. Lacey drove significant revenue and profitability growth and increased the market capitalization of IDW by approximately 6 times following a successful listing on NASDAQ.

Prior to IDW, Mr. Lacey had a distinguished 13 year career at Intel Corporation, where he held various management and executive positions of increasing responsibility, including Vice President Sales and Marketing, President of Intel Americas, where he was responsible for over $12 billion in sales and managed Dell, IBM, HP, Cisco Systems, Motorola and other critical accounts. In his last year at Intel, as Vice President and General Manager, Flash Products, Mr. Lacey grew revenues by $500 million to $2.3 billion with customers such as Samsung, Sony, Nokia, Motorola and others.

Mr. Lacey succeeds Woodson Hobbs, who has served as Phoenix’s President and Chief Executive Officer since 2006. The Company also announced that Mr. Hobbs has resigned from the company’s Board of Directors.

In connection with his appointment, and as an incentive to his joining, Mr. Lacey was granted a non-qualified inducement stock option to purchase 400,000 shares of common stock of Phoenix, par value $0.001 per share, with an exercise price equal to $2.70 (USD), the closing sale price of the Company’s stock on February 25, 2010, the grant date.

Assuming Mr. Lacey remains actively employed by Phoenix, the option will vest and become exercisable with respect to 1/48th of the total number of shares underlying the option each month after the grant date so that all of the shares will be fully vested on the four (4) year anniversary of the grant date. The vesting of the options will accelerate if Mr. Lacey’s employment is terminated without cause or for good reason after a change of control.