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VASCO Appoints Scott Clements as Chief Strategy OfficerOAKBROOK TERRACE, Ill. and ZURICH, Dec. 1, 2015 /PRNewswire/ -- VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, electronic signatures, and identity management, announced today the appointment of Scott Clements as Executive Vice President and Chief Strategy Officer. Clements joins VASCO's senior management team with responsibility for leading M&A and corporate strategy development. He brings three decades of experience in leadership roles in the technology industry with a strong focus on developing and deploying successful business strategies that integrate customer needs and technology innovation. Clements' initial focus will be to manage the integration of VASCO's recent acquisition of Silanis Technology, Inc. Clements joins VASCO after eleven years at Tyco International where he most recently served as Corporate Senior Vice President, Business Development focused on technology acquisitions. Prior to that, Clements served as President of Tyco Retail Solutions and also as Tyco's Chief Technology Officer. Before joining Tyco, Clements spent a decade at Honeywell International in domestic and international financial and operational leadership roles including leading the company's investor relations function. Clements earned his bachelor's degree in chemical engineering and advanced process control from The Ohio State University, and an MBA in finance and corporate strategy from the University of Michigan in Ann Arbor. "The security industry is on an incredible gowth trajectory as organizations of all types confront a myriad of new cyber threats and attacks. To remain successful, security solution providers such as VASCO must evolve at a faster pace than criminal hacking organizations," stated T. Kendall Hunt, Chairman and CEO of VASCO. "With the proven record of growth that Scott brings to VASCO, I am confident that we will strengthen VASCO's solution portfolio, our network of industry partners and our competitive position to create additional opportunities for long term growth." "I am very pleased to join a rapidly growing company with a very capable leadership team. VASCO has long been an innovator and global leader in authentication and anti-fraud solutions. It has the expertise and resources to build upon that heritage by helping a wide array of commercial and government institutions transact securely, efficiently and simply," stated Clements. "With VASCO's loyal customer base and its strong financial position, this a remarkable opportunity and I look forward to helping VASCO grow by delivering compelling value to an expanding range of customers." About VASCO This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, and trademarks of Silanis, Inc. VASCO Data Security Contact:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vasco-appoints-scott-clements-as-chief-strategy-officer-300186407.html SOURCE VASCO Data Security International, Inc. |