Lars Haegg Resigns From Stratus Board
Lars C. Haegg has resigned from the Board of Directors at Stratus Technologies Bermuda Holdings Ltd. and from the Board of Directors of its indirect subsidiary, Stratus Technologies, Inc., effective June 26, 2012.
Mr. Haegg’s departure is coincident with his resignation from the global investment management firm Investcorp International Inc., the manager of the majority of the Company’s ordinary shares held by clients of Investcorp and its affiliates.
Mr. Haegg had been a member of the Stratus Companies’ board since April 13, 2001, and a member of the Company’s board since May 22, 2006. He had served on the Audit and Compensation Committees of each of the Stratus Companies.
“Lars’ contributions to our company are immeasurable. On behalf of the entire board, I wish to thank him for his many years of service and counsel,” said David C. Laurello, Stratus president, CEO and chairman of the board.
