Management Team

Jim Heffernan

Jim Heffernan, Chairman & CEO

Jim is a finance executive in Silicon Valley with over 30 years experience in semiconductors, computers, software and the internet. He has served as the CFO or senior financial officer for several private and public companies. As a co-founder of five start-up companies, he has raised over $150M in private funding and over $450M in public funding in four public offerings. Additionally, Jim has also been on the Board of Directors for several public and private companies. Jim has a BS and an MBA from Santa Clara University.

Shannon Hawbaker

Shannon Hawbaker, CFO

Shannon is focused on building the administrative and financial structure necessary to support WaterPulse’s growth. She is a global finance leader with experience and discipline gained in the technology and medical device industries and an entrepreneurial spirit to drive results. She brings significant operational finance experience gained from leadership roles at ThermoFisher Scientific and Medtronic, as well as entrepreneurial skills gained from building two startups. Shannon started her career at PricewaterhouseCoopers and is a CPA.

Steve Hundley

Steve Hundley, Vice President of Sales and Field Service

Steve has more than 25 years of management experience in military, technology, transportation, supply-chain, and big box retail operations. Most recently, he was a store manager for Walmart where he grand-opened one new store and significantly improved store operations and profitability in another. He is a former U.S. Army Infantry officer and was the Iraq Country Manager for transportation operations on U.S. Federal Contracts for over five years. In the latter position, he handled transportation operations with over 800 employees on contracts valued in excess of $6 billion. As WaterPulse’s Vice President of Field Support, he is charged with developing the field support function and managing key account relationships at the senior management level to ensure total client satisfaction. Steve earned a BS in Sociology from Virginia Commonwealth University.

Board of Directors

Bob Harris, Director

Bob is Vice Chairman of Investment Banking at Rutberg & Co and until December 2011, was a Partner and a founding member of Stone Key Partners. Prior to Stone Key, Bob was a Senior Managing Director at Bear Stearns where he was Vice Chairman, Head of the Technology Group and Co-Head of the Global Technology, Media and Telecom Group. Bob also helped build Bear Stearns’ investment banking efforts in China and India. Prior to joining Bear Stearns in 1998, Bob was the founder of Unterberg Harris, a full service investment bank with advisory services, sales and trading, research and retail capabilities and he co-managed the firm’s venture capital funds. Previously, Bob was a General Partner, Managing Director and a Member of the Board of Directors of Alex, Brown and Sons. Bob started his investment banking career at Robertson Colman & Stephens in 1978 after beginning his business career in the finance department at Standard Oil Company of California (Chevron). Bob has served on numerous public and private company Boards of Directors, and has been active in San Francisco Bay Area charities. Bob served in the US Army and received BS and MBA degrees from the University of California, Berkeley.

Michael Danese, Director

Mike has been a member of the WaterPulse Board of Directors and an outside investor in the Company since 2006. His experience spans 28 years in the Semiconductor Capital Equipment industry as an engineer and manager. Key business involvement includes Plasma Etch Engineer for the industries first production worthy Reactive Ion Etch tool at Applied Materials, Chemical Vapor Deposition Engineer at start-up Genius Inc., where he remained through the company’s successful IPO, Vapor Phase Etch Engineer/Manager with start-up Advantage Production Technology which was later sold to a competitor and National Service Manager/Product Marketing Manager at Dainippon Screen. Mike is currently with Pacific International, a successful organization that he co-founded 15 years ago that imports semiconductor technology from Asia. He received his BSEET from DeVry University 1981.

Ron Booth, Director

Ron is the owner of Ronald Booth & Company, a consulting and Investment Company in Las Vegas, NV. Ron served on the Board of Directors of Submicron, a semiconductor chip manufacturing company in Allentown, PA from 2001-2003. Ron graduated from California State University, Chico, with a BS in Business Administration and Accounting. Ron was a licensed CPA in the State of California from 1984, but is inactive at this time.

Maurice J. Gallagher, Jr., Director

Maurice has been actively involved in the management of Allegiant Travel since he became majority owner and joined the Board of Directors in 2001. He has served as Chief Executive Officer since 2003 and was designated Chairman of the Board in 2006. Prior to his involvement with Allegiant, Maurice devoted his time to his investment activities, including companies which he founded.

One of these companies was Mpower Communications Corp., a telecommunications company, for which he served as acting Chief Executive Officer from 1997 to 1999 and as Chairman of the Board from its inception in 1996 until 2002. Maurice was one of the founders of ValuJet Airlines, Inc. (one of the predecessors to AirTran Holdings, Inc.) and served as an officer and director of ValuJet from its inception in 1993 until 1997. From 1983 until 1992, he was a principal owner and executive of WestAir, a commuter airline.

Maurice is a 1971 graduate of the University of California at Davis with a BA in History; and in 1974, received his MBA from the University of California at Berkeley.