Arthur SpectorVenture Capitalist
Mr. Spector is an accomplished venture capitalist, serving as Managing Director and one of the founders of Safeguard International Fund, L.P., a private equity fund that makes controlling investments in industrial companies. He has served as Chairman or CEO of numerous public companies, including Neoware Systems, Inc., NationsHealth, Inc., and State National Bank. He is also a former Managing Director of TL Ventures, a leading Philadelphia venture capital firm.
Retired, President and CEO of NACD
WHEREAS, the Powerlytics, Inc., Board of Directors and its employees were deeply saddened by the passing of Ken Daly on June 14, 2021; and
WHEREAS, Ken joined the Powerlytics Board with a group of its first independent Directors on January 24, 2014; and
WHEREAS, Ken brought to the Board his astute business judgement and broad range of experiences garnered from a long and distinguished career that served as a guidepost to the strategy and business decisions of this early-stage company; and
WHEREAS, Ken blessed the Board with his passion for the success of the business, his quick wit and his never-ending library of jokes; and
WHEREAS, Ken shared his considerable list of senior executive level contacts and leveraged his impeccable reputation to provide Powerlytics entry into leading Fortune 500 Companies; and
WHEREAS, Ken served as a lifelong mentor and trusted advisor to the CEO of Powerlytics; and WHEREAS, Ken at all times acted with unparalleled integrity; and
WHEREAS, Ken gave selflessly of his time to help ensure Powerlytics’ success; and
WHEREAS, Ken’s passing leaves a void that will be difficult to fill;
NOW, THEREFORE BE IT RESOLVED that this Board celebrates the life and accomplishments of Ken Daly and expresses its admiration for a life well lived.
BE IT FURTHER RESOLVED, that this Board is grateful for the leadership, guidance and impact Ken has made on Powerlytics.
BE IT FURTHER RESOLVED, that this Board expresses our sincere condolences to Ken’s beloved wife Donna, his sons, Matt and Andy, and their family and friends. Signed on this Twenty-fourth Day of August, Two-Thousand and Twenty-One
Kevin Sheetz, Chairman and CEO Powerlytics, Inc.
Retired, President and CEO of NACD
Ken served as Senior Advisor to the KPMG Board Leadership Center. Ken was the president and CEO of the National Association of Corporate Directors (NACD), from May 2007 until January 2017. As the former head of the nation’s largest member-based organization for board directors, Daly was a recognized expert on corporate governance and board transformation. Under his leadership, NACD grew in size and in scope, more than quadrupling its revenue and increasing membership by nearly 100 percent. Prior to joining the organization, Daly was an audit partner at KPMG, where he also served as the partner-in-charge of the national risk management practice. Retiring in 2005 from the firm, he assumed the role of executive director of KPMG’s Audit Committee Institute. He had extensive experience as an auditor and consultant with companies in the banking and insurance industries. He was especially knowledgeable about the financial services industry. Daly was a frequent speaker and writer on many timely issues confronting corporate boards, including executive compensation. He regularly appeared in media and was quoted in The Wall Street Journal, The New York Times, The Atlanta Journal-Constitution, Reuters, AP Radio and Fox News Radio, among others. He was on the board of Lutheran Services of America a $25 billion not for profit serving the broad community.