![]() These were the days when every mom-and-pop store didn't have a debit/credit card terminal next to the cash register. Their first product was the P300 cashless ATM, which allows a customer to swipe their debit/ATM card to receive a printed voucher, which they use like cash with the host merchant to purchase something and even receive change. He paid off his promised share of the proceeds to Vossoughi and started Peregrin. ![]() He was willing to moonlight on my project, and with his design help we won an International Design Award for a consumer-activated gas-dispensing terminal." Shortly after that, Sohrab quit HP and formed Ziba Design, an internationally-renowned firm headquartered in Portland.īosch sold that company and its product to Addressograph/Multigraph. I had an idea for a new product, and so I contacted Sohrab Vossoughi, who was working at HP at that time. "But if they hadn't fired me, I wouldn't be where I am today. If I were in their shoes, I would have fired me too!" he recalls with a twinkle. As the marketing manager, I tried to tell them that they were developing a product that people didn't want. They were very good at getting funding, but they never were able to bring a product to market. "My last employer was a startup technology company. With a Masters Degree in Physics from UCLA, he worked as a research physicist, a systems analyst and a marketing manager before starting Peregrin in 1982. Restless, bright and ambitious at 76, he still leads the company he founded in 1982, that has just launched a new cash management product and promises another breakthrough development later this year. The company began with an office in Amberglen, then moved to a location on Science Park Drive. In addition to his written work, Michael is the founder and host of McDermott’s Governing Health podcast.Sam Bosch in his office in the Westlawn Professional Center. Michael is also coauthor of the three corporate governance compliance white papers published jointly by the US Department of Health and Human Services’ Office of Inspector General and the American Health Lawyers Association. He is also frequently quoted on governance and compliance topics in The Wall Street Journal, Barron’s and The New York Times. He is a regular contributor on corporate governance topics to The New York Times’ “DealBook” feature Corporate Board Member The Chronicle of Philanthropy the Harvard Law School Forum on Corporate Governance and Financial Regulation Columbia Law School’s Blog on Corporations and the Capital Markets New York University School of Law’s Compliance and Enforcement Forum Law360 Corporate Compliance Insights and Becker’s CEO Report. In addition to these monographs and his posts, Michael writes regular columns on corporate governance-related topics for Agenda,, and publications of The Governance Institute, the American Health Law Association and the National Association of Corporate Directors. He is the author of both editions of the monograph Conflicts of Interest and the Non-Profit Board published by The Governance Institute. Michael is a nationally prominent and widely published thought leader on corporate governance matters. As a Senior Contributor to Forbes, he writes about governance, leadership and boardroom culture topics. Michael is particularly known for his expertise concerning governance structures arising from mergers, acquisitions and other change of control transactions he is also widely recognized for his knowledge of nonprofit corporate law and related matters of public policy. ![]() In addition, he frequently serves as special counsel for confidential internal board reviews, investigations and disciplinary matters. Michael is often called upon to advise boards on judicial and regulatory challenges to governance he also provides strategic counseling related to difficult corporate reputation matters and problematic media coverage. Application of governance ‘best practices’.Oversight of corporate legal, risk and compliance functions.General application of fiduciary responsibilities.Clients regularly seek Michael’s advice on complex and discreet governance matters including-but not limited to-the following: Michael serves as outside governance counsel to many prominent corporations, including hospitals and health systems, voluntary health organizations, colleges and universities, disease charities, social service agencies, health insurance companies, pharmaceutical companies and financial institutions.
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