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ClearOne Names New Executives

ClearOne Communications (www.clearone.com) has named Zeynep "Zee" Hakimoglu chief executive officer and Donald Frederick chief financial officer.

ClearOne Names New Executives

Jul 13, 2004 12:49 PM

ClearOne Communications (www.clearone.com) has named Zeynep “Zee” Hakimoglu chief executive officer and Donald Frederick chief financial officer.

Hakimoglu, who has been ClearOne’s vice president of product development since January 2004, has more than 15 years of senior-level, high-tech management experience. Frederick joins the company with more than 25 years of financial management experience.

“We are thrilled that Zee has accepted the role of CEO, and we welcome Don to the ClearOne team,” says Dal Bagley of ClearOne’s board of directors. “Zee has done an excellent job refocusing product development and has proven she has the necessary experience, vision, and leadership to take the helm of ClearOne. Don has a strong background in financial management and a proven ability to build shareholder confidence and financial credibility. We’re looking forward to their leadership and their ability to maximize shareholder value.”

Hakimoglu served in several executive roles before joining ClearOne, including vice president of product line management for Oplink Communications, president of OZ Optics USA, and wireless business unit vice president for Aydin Corp. She has also served in management positions for JDS Uniphase, E-Tek Dynamics, Kaifa Technology, and DiCon Fiberoptics. She earned a master’s degree in physics from Drexel University and a bachelor’s degree in physics from California State College, Sonoma.

“ClearOne has an impressive history of audio product innovation, product excellence, and outstanding customer service, all of which are directly attributable to the hard work and dedication of our employees,” says Hakimoglu. “We are fortunate to be in a very exciting market space that presents significant opportunity for growth, and I look forward to further extending our leadership in key existing markets and establishing a strong presence in new emerging markets.”

Frederick was most recently chief financial officer of Datasweep, where he raised $32 million in private equity, managed complex revenue recognition rules established for software companies, and ensured compliance with Securities and Exchange Commission regulations in contemplation of an eventual initial public offering. Before Datasweep Frederick was chief financial officer of ADFlex Solutions. He was also vice president of finance for publicly held Flextronics International and director of finance for Sony Electronics. He earned a master’s degree in finance from San Jose State University and a bachelor’s degree in accounting from Michigan Technological University.

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