Tom Thomas
Mr. Thomas has served as a director of Iteris since 1999 and Chairman of the Board since 2016. During his 40-year career, his efforts have contributed to developing growth businesses, turnarounds and creating significant value across technology, analytics, software, payments and consumer packaged goods leaders. He has served as Chief Executive Officer for both public and private technology companies and he possesses extensive board experience, having served on over 20 public and private company boards of directors, including in multiple chairmanship roles and on various committees. Mr. Thomas has also received multiple excellence awards throughout his career in recognition of his broad business achievements.
Currently, Mr. Thomas is the managing partner of T2Partners, a private management consulting and investment business, which he founded in January 2011. Previously, he served from 2012 until 2021 as a director of Accurate Group, which specializes in technology-driven appraisal management and title services. Prior to that, he served as Executive Chairman and Chief Executive Officer for International Decision Systems, an asset management finance and portfolio management software company. For four years prior, Mr. Thomas was President and Chief Operating Officer for Global Exchange Services (GSX), a provider of business-to-business EDI and supply chain solutions, where he was responsible for global operations and P&L operating in 40 countries. From 2000 until 2004, Mr. Thomas served as Chairman, President and Chief Executive Officer for HAHT Commerce, an enterprise software company which was sold to Francisco Partners.
Previously, Mr. Thomas was President and CEO of Ajuba, Inc, and led the development of this middleware technology company, which was sold to Interwoven, Inc. From 1998 to 2000, he was Chairman, President and Chief Executive Officer for Vantive Corporation, an enterprise software company, specializing in the development of customer relationship management (CRM) , data analytic and sales force automation. He led a turnaround of the company and the development of industry-leading CRM products, which resulted in a sale to PeopleSoft, increasing shareholder value over four times. Prior to that, Mr. Thomas worked for five years with 3Com Corporation (“3Com”), a global technology organization, as their first Senior Vice President and Chief Information Officer, where he led the development and installation of a global operating system integrating numerous global acquisitions, substantially enhancing shareholder value. He was also Senior Vice President of e-Business, where he led the development of the 3Com global e-business model and business unit, substantially growing its revenue to $2 billion.
Mr. Thomas worked for Michael Dell at Dell Computer Corporation (“Dell”) from 1993 until 1995 and was hired as their first Chief Information Officer. His accomplishments at Dell included leading the establishment of their scalable global order management, manufacturing and supply chain systems, which supported significant growth. Additionally, he led the implementation of a common global financial system and control function, directing a Dell I.T. staff located throughout the U.S., Asia Pacific and Europe.
From 1987 until 1993, Mr. Thomas was Vice President, Information Systems for Kraft Foodservice, a division of Kraft General Foods, one of the largest food companies in the U.S. There he conceptualized, developed and successfully implemented an innovative supply chain inventory and information management software system.
From 1981 until 1987, Mr. Thomas was VP, MIS for Sara Lee Corporation. There he gained board approval for a multi-million-dollar capital investment to design and develop industry leading information system and technologies for the foodservice industry, which later became a Harvard case study. He began his career in 1969 with Humana, Inc. where he reached the role of Director, MIS.
Mr. Thomas holds a B.S. in Commerce and Doctor of Humane letters degree from Bellarmine University, where he is Chair Emeritus and has served as a member of the board of trustees since 2000.
Key Competencies & Expertise:
• Board Experience
• Data/Analytics
• Financial Sophistication
• Growth/Value Creation
• Mergers & Acquisitions and Capital Markets
• Operating Leadership
• Product/Technology
• SaaS/IaaS
• Sales & Marketing
