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New CEO hired at DoveBid

DoveBid Inc., a company that auctions off capital assets of businesses, has a new CEO.
The Foster City company Monday named Brent Cohen as chief executive officer. Mr. Cohen has more than 25 years of executive experience, including C-level positions at First Advantage Corp. (NASDAQ:FADV - News), of St. Petersburg, Fla., and US Search.com Inc., of Culver City, both of which perform background checks on people for employers and individuals; and Packard Bell NEC, a computer maker.

Mr. Cohen replaces Ross Dove, who now becomes executive chairman of DoveBid, a newly created role: "Brent's arrival will allow me to continue to focus on growing the company's customer relationships."

DoveBid also said existing investors in the company are investing more money into it. Softbank Capital Partners, of Newport Beach, and Texas Pacific Group, of Fort Worth, Texas, have provided "additional capital for growth initiatives," but DoveBid would not disclose how much money was involved. Ron Fisher, managing partner of Softbank Capital Partners and vice chairman of Softbank Holdings Inc., is joining DoveBid's board.

Published August 22, 2005 by the Silicon Valley/San Jose Business Journal

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New CEO hired at DoveBid

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