Al is Tern’s CEO, a non-Board position. Al’s an IT industry veteran with more than 25 years senior executive level experience. As Chief Operating Officer at RSA Data Security Inc., the leading security software company, he led its transformation from a passive patent licensing operation to an aggressive, sales oriented software company. At RSA he negotiated partnership agreements with IBM, Intel, Compaq, Cisco and Nortel. Al was Chairman, President and CEO of Phoenix Technologies Ltd, the global BIOS software company. He revitalised Phoenix through the acquisition of Internet appliance business, Ravisent Technologies; investing in semiconductor and microprocessor designer Transmeta and spinning off Silicon Corporation.
With over 25 years financial management experience, Sarah is a seasoned board director. Sarah qualified with Ernst & Young as a Chartered Accountant before joining its corporate finance team. She then spent six years with the BBC, firstly within commercial and investment strategy and then as Head of Financial Planning and Analysis. For the seven years before joining Tern PLC, Sarah was an outsourced Finance Director for SME businesses principally within high tech markets.
Bruce represents Tern on the boards of Device Authority and Konektio.
Bruce led Tern’s initial investment of Cryptosoft and InVMA and led the acquisition of Amiho and Wyld to create Wyld Networks.
Bruce works with our investee companies and partners to develop interest and investment into the Tern portfolio.
Bruce began his IT career with IBM and has over 30 years board level experience, specialising in delivering high growth, high-profit results through product positioning and go-to-market strategies.
Bruce has extensive International Sales Management experience including Europe, the US and Asia Pacific regions. He has been involved in a number of successful exits including Interactive/Dataworks, London Bridge and Codestream
Ian Ritchie is the non-executive Chairman of Computer Applications Service, and Krotos and completed his term of office as the Chairman of Iomart plc in August 2018. He founded OWL in 1984, which pioneered hypertext application development (a forerunner to the world wide web) selling the company to Panasonic in 1989. Since then he has been involved in over 50 start-up high-tech businesses.
Ian has a degree in Computer Science from Heriot-Watt University (1973) and holds Honorary Doctorates from Robert Gordons, Abertay, Heriot-Watt and Edinburgh Universities.
Alan has extensive experience as a Chairman and Non-Executive Director of private and public companies. He is a specialist in building and selling technology businesses. Previously, Alan was a partner at Ernst & Young and is one of the founding partners of the EY Management Consulting practice in the UK. For the last fifteen years he has been managing a portfolio of non-executive appointments.
The Audit and Remuneration Committees are chaired by Alan. He invites parties to attend as required.