Team tern for the win
We have the experience and expertise to help drive your people to succeed

“Individually,
we are one drop.
Together,
we are an ocean”
Ryunosuke Satoro


Al Sisto
Chief Executive Officer
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.

Sarah Payne
Chief Financial Officer

Matthew Scherba
Investment Director
Matthew has 25 years of start-up and scale-up experience specialising in working and investing in technology companies across the IoT industry. His experience covers the full company lifecycle development, from start-up to exit, with a focus on strategy and commercial-scale across both the private and public sector markets. Prior to joining Tern, he spent almost five years at a UK venture capital investment company dedicated to the IoT arena. During this time, he helped originate, invest and support the development of disruptive technology companies in the UK, Europe, and the US, and particularly within artificial intelligence (AI) and machine learning. Additionally, he held board positions on several portfolio companies and worked with management teams to help develop their strategic, commercial and operational functions.

Bruce Leith
Business Development Director

Ian Ritchie
Non-Executive Chairman
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.
His TED talk has been viewed over 600,000 times.

Alan Howarth
Non-Executive Director
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.