Kal Raman

Kal Raman has quietly stepped down as CEO of GlobalScholar, the company he founded in 2006 and sold to Scantron last year, GeekWire has learned. Raman, the former CEO of drugstore.com, remains a consultant to the company, according to a Scantron spokeswoman.

It is unclear what Raman plans to do next, and he could not be reached for comment this week by GeekWire. However, the technology executive does have plenty of experience in the online retail space. In addition to drugstore.com, he served as a senior vice president at Amazon.com and director of technology at Walmart.

GlobalScholar sold to Scantron last year for $140 million in cash, with the potential to earn another $20 million if milestones are met this year. Formerly InfiLearn, GlobalScholar was backed by Ignition Partners, Knowledge Universe and others.

Nick Wingfield

Seattle technology journalist Nick Wingfield, a mainstay at The Wall Street Journal for 14 years, is moving to The New York Times to cover Apple, Microsoft and other technology companies. He plans to remain in Seattle.

Seattle investment bank Cascadia Capital has hired Paul Louie as a managing director. Louie, the former head of the greater China practice for Takenaka Partners, will assist mid-market companies with mergers, acquisitions and later-stage growth financing with an emphasis on matching companies with Asian investment firms.

Andrew Dixon, a former vice president and marketing executive for Microsoft Canada, has been named vice president, marketing & operations of social business software company Igloo Software.

Brad Becker

Buuteeq, a Seattle startup that powers the Web sites of independent hotels, inns and B&Bs, has named Brad Becker as chief experience officer and Rob Frerichs as vice president of sales, North America. Becker was the first product designer hired at Macromedia and later worked as a director at Microsoft responsible for Azure, Silverlight and .NET. Frerichs previously worked in sales at The Seattle Times and LocalMarketers.com. Buuteeq — led by former Microsofties Forest Key and Adam Brownstein — raised $3.5 million earlier this year from a group of prominent Seattle angel investors.

Alex Macnamara, a former Yahoo sales executive who once ran the advertising unit at RealNetworks, has been named sales director of six-year-old Tremor Video.

Seattle outdoor retailer REI has named Rick Bingle as vice president of supply chain, helping the cooperative manage distribution and logistics. Bingle joined REI in 2006 from Microsoft where he was the senior manager of global supply chain.

Know of a notable tech industry move or hire in the Pacific Northwest? Email tips@geekwire.com.  More Tech Moves here.

Comments

  • http://www.intrinsicstrategy.com FrankCatalano

    The Scantron purchase of GlobalScholar (announced in December 2010) actually closed in January, which means Kal Raman left nine months after the acquisition.

    What makes it especially interesting is that Scantron made a big deal in March about combining all of Scantron’s education offerings under the “GlobalScholar” brand, and that Raman would be CEO of all of those efforts:
    http://www.scantron.com/press/03_25_2011.aspx

    There has been no announcement that I can find of Raman’s departure on either the Scantron or GlobalScholar websites, nor have I seen it via my other usual education industry sources. Nice job tracking this one down.

  • Founder2.0

    Pretty typical for a founder to leave for a number of reasons.

    • http://www.intrinsicstrategy.com FrankCatalano

      Yet it seems early for Raman to leave if there was an earn out. And it’s been only six months since all Scantron education products were put under Raman.

      • former GlobalScholar employee

        It’s not early if you don’t think you’re going to get the earn out.

        (Sorry for posting anonymously, but I actually fear retribution from Kal and his gang. I know that false information was circulated to other employees about why I left GlobalScholar abruptly in 2008, and that false info was passed on to employees at a future employer a year later).

      • former GlobalScholar employee

        It’s not early if you don’t think you’re going to get the earn out.

        (Sorry for posting anonymously, but I actually fear retribution from Kal and his gang. I know that false information was circulated to other employees about why I left GlobalScholar abruptly in 2008, and that false info was passed on to employees at a future employer a year later).

      • former GlobalScholar employee

        It’s not early if you don’t think you’re going to get the earn out.

        (Sorry for posting anonymously, but I actually fear retribution from Kal and his gang. I know that false information was circulated to other employees about why I left GlobalScholar abruptly in 2008, and that false info was passed on to employees at a future employer a year later).

  • Not a Kal Fan

    The worst times of my life were working for the unethical monster that is Kal Raman.

    • former GlobalScholar employee

      I agree with this statement.

      I worked for Kal at GlobalScholar. He probably was forced out once Scantron realized that Kal treats his employees like they are just pieces of meat that can be used up and thrown away (except for his close circle of family and cronies, of course).

  • Cole

    Sometimes the earn out may not be what’s on a persons mind…. Especially if he’s already done well enough to not worry about the $$. Kals one of those.

    Would love to know what the next project he has in mind. He surrounded himself with people at the end that didn’t act in honorable manners quite often. Hopefully he doesn’t take them with him and let’s them own their faults and failures.

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