Our latest newsletter had no room to cover second quarter technology board moves of note in the under $1 billion market cap range.While the themes are very much the same, with the apointment of the traditional functions of CEO and CFOs, we see gender and age diversity.

Thwapr, a mobile video sharing platform, appoints Bernadine Santistevan as a board member. Her expertise features a unique blend of strategic, business development, operational and financial expertise. She was the acting CEO responsible for turning around a GE Capital media/technology company and has also provided business expertise to a variety of hedge funds, private equity funds and venture capital firms. She has also produced and directed films. Leonard H. Dreyer was also appointed to Twarpr's board. Dreyer has held several top leadership positions at major companies and philanthropic organizations. A Marine Corps veteran, Dreyer was CEO, chairman and president of Marie Callender Restaurants and vice president of Denny's.

What has been happening in the technology sector? The key word in the technology sector these days is "shakeup." CA, HP and Microsoft made major changes in the C-suite, even as companies like Xerox continue to appoint women in P&L roles and smaller cap companies get ultra-active with new appointments.

2Q 2010 - Tech Board Changes in the Under $1b Market Cap:

Appointments remain traditional CFO/CEO but age ranges from 36 to 73.

We saw a bit of a different tact than in 1Q2010. 2Q appointments in large and small companies alike are non-eventful on the functional side. They are extraordinary on the age side by appointing a wide age range of external directors, 36 to 73.  We should note that our recent board studies - available on vell.com - and other studies  the average and median ages hover around 58-59.

The question on upper age limits is a constant topic of discussion because many individuals in their 70s and beyond are very experienced and very able to contribute. A blank age limit is usually given so as to avoid embarassing situations in letting some people stay and others go. Perhaps there is a better way to tap into this resource.

From major shakeups at Microsoft’s Entertainment Division this Spring to former Microsoft execs landing at Yahoo, Salesforce.com and AOL… there are plenty of new faces in the software industry.

HP's Spring on the recruiting front could be summed up this way: stealing software stars and promoting software executives from within.