Bill Schroeder Board’s Director, Vormetric

Vormetric, Inc., in enterprise encryption and key management, announced that Bill Schroeder, a Silicon Valley technology company builder, has joined the company’s board of directors.

 He has been CEO of several very successful private technology companies and taken them public, including Diamond Multimedia, Priam Corporation, and Conner Peripherals.

"Bill Schroeder is a highly regarded technology industry executive and sought after board member in Silicon Valley and beyond," said Richard Gorman, CEO of Vormetric. "We are pleased to welcome Bill to the Vormetric Board of Directors. His substantial experience building and taking companies public makes him a valuable addition as we take Vormetric to the next level of development."

Schroeder was previously CEO of Diamond Multimedia Systems and president and vice-chairman of Conner Peripherals, two technology industry success stories. He has grown tech companies from start-up through IPO and led large, public companies. After leaving Vormetric in 2004, He transitioned to a strategic advisory role and serves as a board member for private technology companies. In this role, he has helped guide several companies to successful exits including WatchGuard Technologies (acquired by Francisco Partners), AlphaSmart (acquired by Renaissance Learning), Omneon (acquired by Harmonic), Xircom (acquired by Intel), and VXtreme (acquired by Microsoft).

Schroeder holds an MBA with High Distinction from Harvard Business School, as well as an MSEE and BSEE from Marquette University.

"Since 2004, Vormetric has evolved from a start-up to a profitable, thriving market leader," said Bill Schroeder. "The market need for protecting stored data from theft has caught up to the company’s technology, which is unique in its ability to transparently encrypt data at very high speeds and to safely manage encryption keys. I look forward to working with Vormetric management to help the company achieve its potential."