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Loudeye Appoints Varasano To Its Board

(Celebrity Access MediaWire) — Loudeye Corp. appointed former Oracle Executive Vice President Frank Varasano to Loudeye's board as an independent outside director. "Frank is a strong addition to our board and brings a wealth of diverse and relevant experience and insight to Loudeye," said Anthony Bay, Loudeye's chairman of the board. "Frank understands the importance of good governance, and what it means to be a trusted provider of mission critical technology to global customers. We look forward to the benefit of his background and expertise as we strengthen Loudeye's position in the digital media market."

Varasano most recently served as executive vice president at Oracle Corporation where he was responsible for marketing, sales and consulting to Oracle's 400 largest product producing clients and was a member of the executive committee. Prior to that, Varasano held several senior management positions during his 25 year tenure at Booz Allen and Hamilton, designing and leading strategic programs for the firm's largest clients to improve their competitive position. As a senior vice president he led the firm's largest practice (engineering and manufacturing), office (New York) and regional profit center (United States). He served on the firm's board of directors and executive committee.

"The digital entertainment marketplace is drastically transforming the way consumers purchase and experience their music," said Varasano. "Loudeye is a critical player in enabling these consumer facing services and driving the next generation of experiences for consumers in the online and mobile worlds. I look forward to working with the Loudeye board and executive management team in shaping Loudeye's roadmap for the future." –Bob Grossweiner and Jane Cohen