Development testing company Coverity has appointed executive vice president and CFO of the San Diego Padres, Fred Gerson, to its board of directors as chairman of the board’s audit committee.
Gerson is currently on the board of directors of Major League Baseball’s captive insurance entity and is director and chair of the audit committee of Infloblox, a publicly traded company on the New York Stock Exchange.
Anthony Bettencourt , CEO of Coverity and chairman of the board, said: “Our goal has long been to operate as a model of corporate best practices and Fred’s caliber as a financial manager and experience as a board member and audit chair complements our efforts and strengthens our foundation for the next steps in our growth.”
Gerson previously held the role of director and chairman of the audit committee of DivX Inc. until its acquisition in 2010.