CoreStreet Names New Chair of Board

Oct. 11, 2006
Patrick Gross, founder of American Management Systems, Lovell Group and frequent government policy advisor lends expertise to CoreStreet

CAMBRIDGE, Mass. -- CoreStreet, the leader in infrastructure and applications for smart credential and convergence programs, today announced the appointment of Patrick W. Gross as chairman of the company’s board of directors. One of the most prominent business leaders in the United States, Gross co-founded American Management Systems (AMS) in 1970 and led its growth to a $1 billion consulting and information technology services company. In addition to his role at AMS, Gross has held leadership positions on three key government advisory committees in economics and technology.

“Patrick Gross brings an unmatched combination of practical business experience and visionary insight,” said Chris Broderick, CEO of CoreStreet. “Throughout his long and distinguished career, he has helped innovative companies and organizations create new technologies and economic opportunities. As CoreStreet defines the future of security with software critical to major credential programs worldwide, Gross will help ensure success for our company and customers.”

In addition to his professional associations with the AMS and The Lovell Group, a business advisory and investment firm, Gross shares his business acumen with corporations of all sizes, from angel-based start-ups to NYSE-listed firms. He also serves on the boards of Capital One Financial Corporation, a FORTUNE 500 and S&P 500 firm, and Waste Management, the leading provider of comprehensive waste and environmental services in North America. As well, Gross serves on the board of four NASDAQ-listed companies: Career Education Corporation, Liquidity Services, Inc., Taleo Corporation, and Mobius Management Systems, Inc.

Gross also holds leadership positions in a number of non-profit organizations: trustee and chairman of the research and policy committee of the Committee for Economic Development (CED), vice chairman of the Council for Excellence in Government, vice chairman of the board of Georgetown University Hospital, and co-founder and former chairman of the World Affairs Council of Washington, D.C., He is also a trustee of the Aspen Institute, a trustee of the Federal City Council, a director of the All Kinds of Minds Institute, and a director of the Foreign Policy Association.

He is an elected member of the Council on Foreign Relations, Economic Club of Washington, International Institute of Strategic Studies, and the Washington Institute for Foreign Affairs.

Gross holds a Bachelor of Engineering Science from Rensselaer Polytechnic Institute, where he was elected to Tau Beta Pi and Sigma Xi, a Master of Science in engineering from the University of Michigan and a Master of Business Administration from Stanford University. He is married and has two children.