Technology >> CEO Interviews >> January 7, 2002

Mark Ain – Kronos Incorporated (kron)

PAUL A. LACY, as Vice President, Finance and Administration, and Chief Financial Officer, oversees Kronos' financial, legal, IS, tax, leasing, business development, human resources and facilities operations. Under Mr. Lacy's direction, Kronos filed an initial public offering in 1992, and today is a $293 million software company, which has consistently achieved revenue growth and profitability. Mr. Lacy joined Kronos in 1988 from Remanco Systems Corporation. During his career, he also held positions such as Vice President of Finance and Treasurer at Bird, Incorporated, as well as tax and legal counsel and Assistant Treasurer at Bose Corporation. Mr. Lacy earned a Bachelor's degree in Accounting from Boston College and Juris Doctor in Law from Boston College Law School. He is a CPA and a member of the Massachusetts Bar Association. Profile
MARK S. AIN, Founder, Chief Executive Officer and Chairman of Kronos Incorporated, created Kronos in 1977. Mr. Ain's entrepreneurial accomplishments have been recognized with awards that include the Small Business Association of New England (SBANE) New Englander Award and the New England Entrepreneur of the Year Award. He serves on the Board of Directors of several public, private and charitable companies and institutions. He is also active in the American Electronics Association and is a speaker at financial and executive conferences and various graduate business schools. Mr. Ain earned a Bachelor's degree in Electrical Engineering from Massachusetts Institute of Technology (MIT) and a Master's degree in Business Administration, with a concentration in organizational development and marketing, from the University of Rochester. Profile
TWST: May we begin with a brief historical sketch of Kronos?

Mr. Ain: I founded Kronos in 1977. Since shipping our first product in

December 1979, we have reinvented the company several times.