PENELOPE HERSCHER

Corporate Board Profile

Tech Score: 40/100

Software Technology Evidence

2 mention(s) identify PENELOPE HERSCHER as having software/technology expertise.

Company	Filing Date	Evidence	Reason
VERINT SYSTEMS INC	2017-05-10	Penelope Herscher has served as a director since April 2017. She has over 15 years of experience as a high-tech CEO and over 10 years serving on public company boards. She currently sits on the board of Lumentum Operations LLC, where she is chair of the compensation committee and a member of the governance committee, and of Rambus Inc., where she is chair of the strategy committee and a member of the governance committee. In addition, Ms. Herscher is executive chairman at FirstRain, Inc., a privately held company in the unstructured data analytics space, where she was President & CEO until 2015. Prior to FirstRain, Ms. Herscher held senior executive positions at a number of software and technology companies, including Cadence Design Systems, Inc. and Simplex Solutions, Inc. The board of directors has concluded that Ms. Herscher’s financial and business expertise, including her diversified background of managing technology companies, serving as a chief executive officer, and serving as a director of public technology companies, give her the qualifications and skills to serve as a director.	Ms. Herscher has over 15 years of experience as a high-tech CEO and held senior executive positions at software and technology companies including Cadence Design Systems and Simplex Solutions. She is executive chairman at FirstRain, a company in unstructured data analytics, indicating a strong technical background.
VERINT SYSTEMS INC	2018-05-09	She currently sits on the board of Lumentum Operations LLC... PROS Holdings, Inc., a cloud software provider... Previously she served as a director of Rambus Inc... From 2015 until 2017, Ms. Herscher served as the executive chairman at FirstRain, Inc., a privately held company in the unstructured data analytics space... Prior to FirstRain, Ms. Herscher held senior executive positions at a number of software and technology companies, including Cadence Design Systems, Inc. and Simplex Solutions, Inc.	Has over 15 years as a high-tech CEO and senior executive positions at software and technology companies, including Cadence Design Systems and Simplex Solutions, indicating technical and software background.

RAMBUS INC

Filing Date	Source Excerpt
2013-03-15	Penelope Herscher 52 Ms. Herscher has served as a director since July 2006. She currently holds the position of president and chief executive officer of FirstRain, Inc., a custom-configured, on-demand intelligence services firm, which she joined in 2005. Ms. Herscher previously held the position of executive vice president and chief marketing officer at Cadence Design Systems from 2002 to 2003, and executive vice president and general manager, Design and Verification Business during the second half of 2003. From 1996 to 2002, Ms. Herscher was president and chief executive officer of Simplex Solutions, which was acquired by Cadence in 2002. Before Simplex, she was an executive at Synopsys for eight years and started her career as an R&D engineer with Texas Instruments. She holds a M.A. with honors in Mathematics from Cambridge University in England. Ms. Herscher serves on the boards of FirstRain, JDS Uniphase, Inc. and several non-profit institutions. Ms. Herscher's experience as chief executive officer of technology companies, the successful sale of a company under her leadership to a larger technology company and her years of business and leadership experience led the Board of Directors to conclude that she should serve as a director.
2018-03-09	Ms. Herscher has served as a director since July 2006. ... The Board of Directors has determined that each of the following directors, constituting a majority of our Board of Directors, has no material relationship with us ... and is "independent" under the applicable NASDAQ and SEC rules: ... Penelope Herscher ... Currently, each of the committees of our Board of Directors is composed of independent directors as follows: ... Corporate Governance/Nominating Committee: Eric Stang (Chair), E. Thomas Fisher, Penelope Herscher ... Corporate Development Committee: Penelope Herscher (Chair), Emiko Higashi, E. Thomas Fisher ... The following table shows compensation information for our non-employee directors for 2017. ... Penelope Herscher ... $55,625 fees earned in cash, $160,017 stock awards, $215,642 total.

Filing Date

Source Excerpt

2013-03-15

Penelope Herscher 52 Ms. Herscher has served as a director since July 2006. She currently holds the position of president and chief executive officer of FirstRain, Inc., a custom-configured, on-demand intelligence services firm, which she joined in 2005. Ms. Herscher previously held the position of executive vice president and chief marketing officer at Cadence Design Systems from 2002 to 2003, and executive vice president and general manager, Design and Verification Business during the second half of 2003. From 1996 to 2002, Ms. Herscher was president and chief executive officer of Simplex Solutions, which was acquired by Cadence in 2002. Before Simplex, she was an executive at Synopsys for eight years and started her career as an R&D engineer with Texas Instruments. She holds a M.A. with honors in Mathematics from Cambridge University in England. Ms. Herscher serves on the boards of FirstRain, JDS Uniphase, Inc. and several non-profit institutions. Ms. Herscher's experience as chief executive officer of technology companies, the successful sale of a company under her leadership to a larger technology company and her years of business and leadership experience led the Board of Directors to conclude that she should serve as a director.

2018-03-09

Ms. Herscher has served as a director since July 2006. ... The Board of Directors has determined that each of the following directors, constituting a majority of our Board of Directors, has no material relationship with us ... and is "independent" under the applicable NASDAQ and SEC rules: ... Penelope Herscher ... Currently, each of the committees of our Board of Directors is composed of independent directors as follows: ... Corporate Governance/Nominating Committee: Eric Stang (Chair), E. Thomas Fisher, Penelope Herscher ... Corporate Development Committee: Penelope Herscher (Chair), Emiko Higashi, E. Thomas Fisher ... The following table shows compensation information for our non-employee directors for 2017. ... Penelope Herscher ... $55,625 fees earned in cash, $160,017 stock awards, $215,642 total.

VERINT SYSTEMS INC

Filing Date	Source Excerpt
2017-05-10	Penelope Herscher has served as a director since April 2017. She has over 15 years of experience as a high-tech CEO and over 10 years serving on public company boards. She currently sits on the board of Lumentum Operations LLC, where she is chair of the compensation committee and a member of the governance committee, and of Rambus Inc., where she is chair of the strategy committee and a member of the governance committee. In addition, Ms. Herscher is executive chairman at FirstRain, Inc., a privately held company in the unstructured data analytics space, where she was President & CEO until 2015. Prior to FirstRain, Ms. Herscher held senior executive positions at a number of software and technology companies, including Cadence Design Systems, Inc. and Simplex Solutions, Inc. The board of directors has concluded that Ms. Herscher’s financial and business expertise, including her diversified background of managing technology companies, serving as a chief executive officer, and serving as a director of public technology companies, give her the qualifications and skills to serve as a director.
2018-05-09	She currently sits on the board of Lumentum Operations LLC... PROS Holdings, Inc., a cloud software provider... Previously she served as a director of Rambus Inc... From 2015 until 2017, Ms. Herscher served as the executive chairman at FirstRain, Inc., a privately held company in the unstructured data analytics space... Prior to FirstRain, Ms. Herscher held senior executive positions at a number of software and technology companies, including Cadence Design Systems, Inc. and Simplex Solutions, Inc.
2020-05-08	Ms. Herscher has over 15 years of experience as a high-tech CEO and over 10 years serving on public company boards... Prior to FirstRain, Ms. Herscher held senior executive positions at a number of software and technology companies... The Board has concluded that Ms. Herscher’s financial and business expertise... give her the qualifications and skills to serve as a director.

Data sourced from SEC filings. Last updated: 2026-02-03