Richard Frasch Board Director of BakBone
He is a corporate attorney.
This is a Press Release edited by StorageNewsletter.com on May 15, 2009 at 3:56 pmBakBone Software Incorporated announced that Richard N. Frasch, 57, has been appointed to its Board of Directors by the holders of the Bakbone Series A preferred shares. His appointment brings the total number of directors on the BakBone Board to seven.
“As a corporate attorney with a broad business background, Richard brings a wealth of experience to BakBone that will be extremely helpful as we seek to grow the company, improve profitability and enhance our shareholder valuation,” said Jim Johnson, president and chief executive officer, BakBone. “In his positions in corporations, venture capital firms and law firms, Richard has worked closely with growing technology companies and has an in-depth understanding of their legal, financial and business concerns. We look forward to Richard’s contributions to our Board.”
Frasch was most recently the vice president of business development and legal affairs for GlobiTech Holding Company, a holding company for epitaxial wafering companies headquartered in Texas. He served in this position from December 2005 through the eventual sale of that company’s main operating subsidiary and dissolution of the holding company late last year. Prior to GlobiTech, Frasch spent seven years as a managing director at KLM Capital Group, an international venture capital firm, where he focused on high technology investments in the U.S. and Asia.
His background includes a variety of executive positions, including managing director and general counsel for Talegen Holdings, Inc., a group of property and casualty insurance companies previously owned by Xerox Corporation, as well as Pettit & Martin and Chickering & Gregory, two San Francisco-based law firms.
Frasch has a B.A. degree from Claremont Men’s College, where he graduated magna cum laude, and a J.D. degree from the University of California at Berkeley.