TeleNav 2015 Annual Report Download - page 15

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Table of Contents
Our competitors’ and potential competitors’ advantages over us could make it more difficult for us to sell our navigation services and
advertising network services, and could result in increased pricing pressures, reduced profit margins, increased sales and marketing expenses and
failure to increase, or the loss of, market share or expected market share, any of which would likely cause harm to our business, operating results
and financial condition.
Employees
As of June 30, 2015 , we employed 579 people, including 413 in research and development, 78 in sales and marketing, 26 in customer
support, data center operations, and advertising operations, and 62 in a general and administrative capacity. As of that date, we had 306
employees in the United States, 154 in China, 102 in Romania, 15 in Germany and two in Japan. We also engage a number of temporary
employees and consultants. None of our employees is represented by a labor union or is a party to a collective bargaining agreement.
Executive Officers of the Registrant
The following table sets forth the names, ages (as of June 30, 2015 ) and positions of our executive officers:
Dr. HP Jin is a cofounder of our company and has served as our president and a member of our board of directors since October 1999.
Dr. Jin has also served as our chief executive officer and chairman of our board of directors from October 1999 to May 2001 and since
December 2001. Prior to Telenav, Dr. Jin served as a senior strategy consultant at the McKenna Group, a strategy consulting firm. Prior to that
time, Dr. Jin was a business strategy and management consultant at McKinsey & Company, a management consulting firm. Dr. Jin was also
previously a technical director at Loral Integrated Navigation Communication Satellite Systems, or LINCSS, a division of Loral Space &
Communications, Inc., a GPS service and engineering company. Dr. Jin holds a B.S. and M.S. in Mechanical Engineering from Harbin Institute
of Technology in China and a Ph.D. in Guidance, Navigation and Control, with a Ph.D. minor in Electrical Engineering, from Stanford
University.
Michael Strambi has served as our chief financial officer and treasurer since June 2012. From November 2009 to June 2012, Mr. Strambi
served as our vice president of finance. From December 2008 to August 2009, Mr. Strambi served as vice president and chief accounting officer
of Silver Spring Networks, Inc., a provider of smart grid services. From February 2008 to December 2008, Mr. Strambi served as chief financial
officer of Metacafe, Inc., a provider of online video services. From February 2006 to February 2008, Mr. Strambi served as vice president of
finance of MobiTV, Inc., a provider of mobile media solutions. From 2002 to 2006, Mr. Strambi served in various positions, the most recent of
which was vice president, controller and treasurer, with Macromedia, Inc., a provider of web publishing products and solutions that was acquired
by Adobe Systems Incorporated. Mr. Strambi holds a B.S. in Business Administration with a concentration in Accounting from California State
University, Sacramento and an M.B.A. in Finance from the University of Southern California.
10
the capacity to leverage their marketing expenditures across a broader portfolio of products;
access to core technology and intellectual property, including more extensive patent portfolios;
access to custom or proprietary content;
quicker pace of innovation;
stronger wireless carrier, automotive and handset manufacturer relationships;
more financial flexibility and experience to make acquisitions;
lower labor and development costs; and
broader global distribution and presence.
Name
Age
Position
Dr. HP Jin
51
President, Chief Executive Officer and Chairman of the Board of Directors
Michael Strambi
53
Chief Financial Officer and Treasurer
Rohan Chandran
40
Vice President and General Manager, Mobile Business Unit
Salman Dhanani
42
Co-President, Automotive Business Unit
Loren Hillberg
57
General Counsel, Secretary, and President and General Manager, Thinknear
Hassan Wahla
43
Co-President, Automotive Business Unit