Fred Thiel

Last updated

Fred Thiel
Born1960
NationalityAmerican
OccupationBusinessman
Board member of Marathon Digital Holdings
NoCell Technologies
Oden Technologies
Sequent Software
OptConnect Inc.
Gatekeeper Systems

Fred Thiel (born 1960) is an American business executive and the current CEO of Thiel Advisors and Marathon Digital Holdings. [1] [2] Thiel is the former CEO of GameSpy, Local Corporation, and Lantronix.

Contents

Thiel serves as past chairman of the board of the Young Presidents' Organization's technology network and is chairman of the Fintech subnetwork. He also serves on the boards of several other companies including Oden Technologies, OptConnect, Gatekeeper Systems, and Sequent Software.

Career

Thiel was vice president and general manager of the business storage unit of CMD Technology in 1997. [3] From 1998 to 2002 Thiel was the CEO of Lantronix, [4] where he doubled the company's revenue growth and led to its initial public offering in 2000. [5] Thiel was the CEO of GameSpy from 2003 to 2004 before GameSpy merged with IGN. [6] Thiel was the managing partner of the software group at Triton Pacific Capital Partners from 2007 to 2012. [7]

Thiel met Heath Clark, founder and CEO of Local Corporation though the Young Presidents' Organization, [5] and joined Local Corporation's board of directors in January 2013. [8] He became the chairman of the board of Local Corporation in January 2014, and CEO in May 2014 following Clark's resignation for health reasons. [9] Thiel was CEO until 2015, and was responsible for Local Corporation's partnership with FraudLogix to prevent advertising fraud. [10]

Thiel has headed Thiel Advisors, an advisory firm, since 2013. [11] Through Thiel Advisors, Thiel advises organizations such as EQT AB and Graham Partners, their portfolio companies, and various mid-sized companies on value creation strategies. Thiel was appointed to the board of directors of Marathon Patent Group in April 2018 [12] and became CEO of Marathon Digital Holdings in April 2021 [13]

Education

Thiel attended classes at the Stockholm School of Economics and executive classes at Harvard Business School. Thiel is also fluent in English, Spanish, Swedish and French. [14] Thiel is a frequent speaker on digital trends, IT, [15] and the transformation of industries by the "internet of things". [16] [11]

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References

  1. ↑ Barlow, Mike (October 27, 2015). Learning to Love Data Science: Explorations of Emerging Technologies and Platforms for Predictive Analytics, Machine Learning, Digital Manufacturing and Supply Chain Optimization. "O'Reilly Media, Inc.". ISBN   978-1-4919-3656-6.
  2. ↑ Ostroff, Caitlin; Spegele, Brian (May 21, 2021). "Bitcoin Miners Are Giving New Life to Old Fossil-Fuel Power Plants". Wall Street Journal. Retrieved May 23, 2021.
  3. ↑ "New Rockwell Automotive Post for Yost". Los Angeles Times. June 15, 1997. Retrieved November 21, 2019.
  4. ↑ Shankland, Stephen. "Tiny devices connect you-name-it to the Net". CNET. Retrieved November 21, 2019.
  5. 1 2 "An open culture helps Local Corp. stay ahead of the game". Smart Business Magazine. Retrieved November 22, 2019.
  6. ↑ "Triton Pacific Capital Partners Appoints Fred Thiel as Managing Partner and Head of Newly Formed Software and IT Group". news.tmcnet.com. Retrieved November 21, 2019.
  7. ↑ The Private Equity Analyst, VOL. 17. Asset Alternatives. 2007. pp. cvii.
  8. ↑ "Former Triton Pacific executive Thiel takes reins at Local Corporation". PE Hub. May 8, 2014. Retrieved November 21, 2019.
  9. ↑ "EX-99.1". www.sec.gov. Retrieved November 21, 2019.
  10. ↑ "Local Corp. Takes Aim At Impression Fraud |". November 10, 2014. Retrieved November 21, 2019.
  11. 1 2 Grant, Henry Joseph (February 20, 2017). "FRED THIEL ON IRISH TECH ECOSYSTEM, DUBLIN TECH SUMMIT AND THE SIX KEY DIMENSIONS OF INNOVATION". Irish Tech News.
  12. ↑ Inc, Marathon Patent Group (April 27, 2018). "Marathon Appoints Fred Thiel to Board of Directors". GlobeNewswire News Room. Retrieved November 22, 2019.{{cite web}}: |last= has generic name (help)
  13. ↑ "Marathon Appoints Fred Thiel to Chief Executive Officer". Marathon Digital Holdings. Retrieved June 21, 2021.
  14. ↑ "Thiel Advisors, Inc. Chairman and Chief Advisor to MC CIO Manufacturing Summit | The CDM Media Blog". blog.cdmmedia.com. Retrieved November 21, 2019.
  15. ↑ Barlow, Mike (May 4, 2015). "Will Big Data Make IT Infrastructure Sexy Again?". O'Reilly Media. Retrieved November 21, 2019.
  16. ↑ "Vemanti Group Appoints Fred Thiel As Director, Rachel Boulds as CFO". MarketWatch. Retrieved November 21, 2019.
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