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TheStreet Open House

Unwired Planet Appoints Eric Vetter As Chief Financial Officer & Chief Administrative Officer

Stocks in this article: UPIP

Unwired Planet, (Nasdaq: UPIP), today announced that Eric Vetter has been appointed Chief Financial Officer and Chief Administrative Officer of Unwired Planet.

“Eric brings more than 20 years of financial and general management expertise, including significant experience in an intellectual property-based business,” said Mike Mulica Chief Executive Officer of Unwired Planet. “With deep roots in Reno, he cements our headquarters relocation to Nevada. We believe he will continue to drive the operational momentum we have built in establishing Unwired Planet’s significant presence as an intellectual property company.”

Most recently, Mr. Vetter was a consultant to Aristocrat Technologies where he was responsible for reviewing the company’s strategic planning and cost saving initiatives. From 2000 to 2011 he was with International Game Technology, serving in a variety of roles including Senior Vice President of Finance and Accounting for the $2B Gaming Group Division, with responsibility for Operational Finance and Accounting, M&A, Treasury and Business Development. Mr. Vetter replaces Anne Brennan, who resigned effective November 7, 2012, will remain a consultant to the Company to ensure a smooth transition of responsibilities, including support through fiscal year 2013 filings.

“We would like to thank Anne Brennan for 11 years of service to the Company, including driving and organizing the change of Openwave into Unwired Planet. Anne’s judgment, experience and leadership have been invaluable and she will be missed as we complete the move to Reno,” continued Mr. Mulica.

The Company also announced today that Brian Beattie has resigned from the Board, and, as announced on March 22, 2012, Jerry Held and David Nagel resigned from the Board. The resignations are effective as of the Annual Meeting of Shareholders on November 6, 2012.

As a result of these changes, Mark Jensen was appointed chairman of the audit committee and Henry Nothhaft assumed the chair of the compensation committee.

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