Finjan Holdings, Inc. Announces Management Changes
May 22, 2019 at 09:12 am EDT
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On May 22, 2019, Finjan Holdings, Inc. announced that Jevan Anderson will join the company on June 3, 2019 as Chief Financial Officer, replacing Michael Noonan who is departing to explore new pursuits. Mr. Anderson will report to Phil Hartstein, Finjan’s CEO, and lead Finjan’s finance and operations. Mr. Anderson has 25 years of experience in investment banking, corporate development and strategy consulting. Most recently he was Senior Vice President, Corporate Advisory for Jones Lang LaSalle Incorporated (JLL). Prior to JLL, Jevan spent 10 years as a Managing Director and Co-Head of Technology Mergers & Acquisitions for Wells Fargo and RBC Capital Markets. Prior to his 17 year investment banking career, Jevan held roles in management consulting, strategic planning, corporate development and investor relations. Mr. Anderson will succeed Michael Noonan, the Company's Chief Financial Officer, who will be stepping down from that position upon the effectiveness of Mr. Anderson’s appointment and continue providing transition assistance to the Company. In connection with Mr. Noonan’s departure, the Company and Mr. Noonan entered into a letter agreement, which provides that upon meeting the conditions therein, Mr. Noonan will be eligible, among other things, for an additional six month’s salary ($161,250), payment of $199,942.58, which shall constitute payment in lieu of his average quarterly comp bonus, and extension of the exercisability of any vested nonqualified stock options to 12 months.
Finjan Holdings, LLC. (Finjan), formerly Finjan Holdings, Inc., is a United States-based cybersecurity company. The Company is focused on inventions that are embedded within a portfolio of patents focusing on software and hardware technologies used to proactively detect previously unknown and emerging threats on a real-time, behavior-based basis. Its cybersecurity business includes a wide range of services, including intellectual property (IP) licensing, cybersecurity consulting services, mobile applications, as well as investments in innovation.