Douglas Richard was named president and CEO of Micrografx in January of
1997. He was also appointed to the Company’s board in a unanimous vote
by the Mircografx board of directors. A recognized entrepreneur and
founder of Visual Software, which was acquired by Micrografx in April
1996, Richard has taken an aggressive position in refining the strategy
and vision of Micrografx, currently a $70 million, publicly traded
company. Richard is chartered with strategic direction for all
initiatives, including managing new product development and branding,
identifying and nurturing emerging market entries, steering strategic
acquistions, and providing the direction for continued international
growth. Improving the company’s long-term financial stability and
delivering results to shareholders are key elements of Richard’s day-to-
day activities. The company has recognized over 200 percent growth in
share price in the price in the 12 months. In addition to founding
Visual Software , Richard founded ITAL Computers in 1985, which was
recognized as the largest CAD systems integrator in California. Richard
received his Juris Doctor degree from the University of California at
Los Angeles and holds a bachelor of science degree from the University
of California at Berkeley.
Douglas Richard - Micrografx Inc (mgxi)
June 08, 1998