PopCap Gets New CFO

PopCap Games, the leading developer and publisher of broadly appealing video games, today announced that it has hired Robert Chamberlain, a 20-year technology sector veteran and 30-year finance executive, to the position of Chief Financial Officer (CFO). Mr. Chamberlain comes to PopCap after similar roles with F5 Networks, Onyx Software and Watchguard Technologies and several other significant software and services companies. In each case Mr. Chamberlain guided the firm in question to profitability and in many instances arranged for those companies' initial public offerings or other liquidation at a significant premium. Mr. Chamberlain officially joins PopCap on August 31, 2009, and replaces interim CFO Karla Horwitz, a partner with Tatum Executive services who has built and grown the finance team for PopCap over the last 17 months.

"We're thrilled to have a seasoned financial veteran like Bob joining our management team and overseeing finances," said Dave Roberts, CEO at PopCap. "He'll oversee a sizable team of finance and accounting professionals while also providing critical expertise to our overall expansion plans. As we mature into a sizable corporation, it will be invaluable to have him guiding our financial future in every key respect."

"PopCap's something of an anomaly in the software business – and a rarity in the technology sector as a whole," Chamberlain said. "Profitable from day one while growing to nearly 250 fulltime employees in ten years while never taking outside funding, which is a major accomplishment. Best of all, the company has tremendous potential, in terms of geographic, platform and channel growth – and I'm excited to be a part of it."

Mr. Chamberlain spent the past two decades shepherding public and private tech firms of various sizes to financial fruition, via private or public sales and acquisitions. Most recently he worked for more than two years at Watchguard Technologies, Inc., a Seattle-based, $100 million global provider of firewall and unified threat management (UTM) appliances where he served as CFO and led a team of 62 across numerous departments including finance and accounting, manufacturing, IT, HR, facilities and legal services. Mr. Chamberlain's past employers include F5 Networks (for which he managed a successful IPO), PhotoDisc (which he helped merge with Getty Images), ElseWare Corporation (whose sale to Hewlett-Packard he negotiated) and MidCom Communications, a publicly-held telecommunications provider. Mr. Chamberlain began his career at KPMG, where he spent over ten years as a finance and audit executive and partner.

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