Wave Systems Appoints William Solms As CEO - Quick Facts

(RTTNews) - Wave Systems Corp. (WAVX) announced that its Board has confirmed William Solms, age 50, as Chief Executive Officer. Solms, who joined Wave in June and has served as Wave's Acting CEO since October 6, has also been elected to Wave's Board of Directors. His appointment increases the size of Wave's Board to six members.

Before being named acting CEO, Solms served as Wave's Vice President of North American Sales. He had previously worked at Microsoft and at Oracle where he directed the Federal Sales Team for Oracle-On-Demand. A graduate of West Point, Solms served a distinguished career as an active duty Army officer, ultimately capping his 20+ years of service in the Pentagon as a member of the Joint Staff.