Bill Teuer Jr. Board’s Director, Inovalon

Inovalon, Inc., provider of data-driven healthcare solutions, announced that William J. (Bill) Teuber Jr. has joined the company’s board of directors.

"We are very pleased to have Bill join our board of directors," said Keith Dunleavy, MD, president, CEO, and chairman of Inovalon. "Bill’s significant knowledge and experience regarding large-scale technology enterprises, his role in supporting the growth of a technology leader such as EMC to a market capitalization of nearly $50 billion, and his personal interests in highly relevant areas of cloud computing and big data, make Bill an exceptional addition to Inovalon’s board of directors."

 William J. (Bill) Teuber Jr. brings to the Inovalon board of directors a long track record in large-scale technology enterprises. Having joined EMC Corporation in 1995 and now serving as vice chairman, he has served in multiple key roles supporting the growth and expansion of this leading technology organization. With a market capitalization of nearly $50 billion, revenues of $21.7 billion in 2012, and 60,000 people worldwide, EMC is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. With a significant focus on IT transformation, the global rise of big data and trusted IT infrastructure, EMC is dedicated to supporting the storage, management, protection, and analysis of organizations’ most valuable asset – information.

In Teuber’s current role as vice chairman at EMC he focuses on corporate strategy and business development in emerging markets, assists with government relations and works closely with the board of directors. From 2006 to 2012 he oversaw EMC customer operations, the company’s global sales and distribution organization. In this role, he was responsible for driving EMC’s growth and market leadership worldwide. His scope of responsibilities included overseeing investments to build up EMC’s presence in emerging markets, which delivered robust revenue growth under his leadership. Before that, he served as EMC’s CFO from 1996 to 2006, leading the company’s worldwide finance operation with responsibility for all of EMC’s financial reporting, balance sheet management, foreign exchange, audit, tax, and investment banking programs. While CFO, he was also responsible for EMC’s information technology and investor relations functions.

Prior to becoming CFO, he was VP and corporate controller. He joined EMC in 1995 from Coopers & Lybrand L.L.P. where he was a partner in the firm’s audit and financial advisory services practice.

In addition to his role on the board of directors of Inovalon, Teuber is also a member of the board of directors of Popular, Inc., a diversified financial services company that includes Banco Popular as a holding. He is also a Trustee of the College of the Holy Cross.

He holds an MBA degree from Babson College, a Master of Science in Taxation from Bentley College, and a Bachelor’s degree from Holy Cross.

William Teuber, Jr. will be taking the board of directors seat made available as a result of the retirement of Richard W. Lasch from Inovalon’s board.