– USA, OR – Digimarc Corporation (NASDAQ: DMRC), a global leader in digital watermarking technologies, announced the elections of Sheila Cheston and Dana Mcilwain to its Board of Directors, effective October 1, 2024.
Sheila Cheston will join the Audit, Governance, Nominating, and Sustainability, and Compensation and Talent Management Committees, while Dana Mcilwain will serve on the Audit and Governance, Nominating, and Sustainability Committees.
Concurrently, Milena Alberti-Perez resigned from the Board.
About Sheila Cheston
Sheila Cheston is a seasoned executive with over 30 years of experience crafting global strategies and leading major corporate transactions for multinational corporations and the federal government. As General Counsel at Northrop Grumman for 13 years, she helped drive significant growth and long-term value for shareholders.
Sheila Cheston said, “I’m excited to join Digimarc’s board at this moment of transformative growth. Digital innovation is a strategic imperative, and Digimarc’s technology offers real solutions to critical challenges across industries. I look forward to contributing my experience in strategy, governance, and government affairs to support the company’s continued success.”
Sheila Cheston retired from Northrop Grumman in December 2023, following a distinguished career that included roles as EVP of BAE Systems, Inc., and various senior positions in the U.S. government, including General Counsel of the U.S. Air Force and Special Associate Counsel to the President.
Sheila Cheston holds degrees from Dartmouth College and Columbia Law School.
About Dana Mcilwain
Dana Mcilwain, with over 35 years at PwC across various leadership roles, has a proven record of leading large-scale business and industry transformations, bringing disruptive technology solutions to the market in a scalable fashion, and enhancing operational and financial performance across global markets.
Dana Mcilwain commented, “Digimarc’s leadership in digital transformation, particularly in digital watermarking technology, presents significant potential for reshaping industries. I’m eager to bring my experience in building Go-To-Market strategies and partnerships as well as navigating large-scale organizational and industrial change to help Digimarc expand its global presence and impact.”
Dana Mcilwain recently retired from PwC after 35 years. During that time, he led the Company’s U.S. Advisory practice to triple revenue growth. He also served as PwC’s Vice-Chairman and U.S. Services leader, managing the U.S. profit and loss center and maintaining high staff retention rates. His vision led to the design and implementation of PwC’s Global Advisory Operating Model, significantly increasing the firm’s consulting practice and brand recognition.
Dana Mcilwain holds a Bachelor of Science in Management from Tulane University and is a Certified Public Accountant.
About Digimarc
Digimarc Corporation is the pioneer and global leader in digital watermarking technologies. For nearly 30 years, Digimarc innovations and intellectual property in digital watermarking have been deployed at a massive scale for the identification and authentication of physical and digital items. A notable example is our partnership with a consortium of the world’s central banks to deter counterfeiting of global currency. Digimarc is also instrumental in supporting global industry standards efforts spanning both the physical and digital worlds. In 2023, Digimarc was named to the Fortune 2023 Change the World list and honored as a 2023 Fast Company World Changing Ideas finalist.
For more information: https://www.digimarc.com/
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