Steve Balogh recently founded PontusOne, providing world-class executive search and consulting services to the young technology companies of Europe and the U.S. as they bridge the Atlantic. He also offers executive development services to both individuals and organizations. Until February 2002, Mr. Balogh was a Managing Partner of David Powell, Inc., a Silicon Valley-based executive search firm. Since joining the firm in 1997, he focused on executive recruiting for early-stage companies and supporting the rapid growth of the firm's human resource consulting practice.

Prior to joining David Powell, Inc., Mr. Balogh served more than twenty years in various managerial positions at Raychem Corporation, a multibillion dollar, international material science company. Mr. Balogh was Raychem's first ever Corporate Vice President, Human Resources. In that position, he introduced a new process to create a unique human resources strategy and built a global human resources organization. He has been recognized for several human resource innovations, including a unique employee career center that provided tools, resources, and services to support employee career management needs.

Earlier, Mr. Balogh was General Manager for Chemelex, a worldwide division of Raychem where he was involved with building a global sales organization, implementing market-based product lines, and revitalizing the manufacturing operations. Mr. Balogh's extensive global business experience with Raychem included expatriate assignments in both Brussels and Paris.

Mr. Balogh holds a BS, Chemical Engineering from Cornell University and an MBA from the Stanford Graduate School of Business. He has served on the Board of Advisors for the Center for Effective Organizations at the University of Southern California, and chaired The Conference Board Human Resources Council. He presently contributes to the Business Advisory Council for IMD (International Institute for Management Development) in Lausanne, Switzerland. Mr. Balogh has also recently served as President of the Board of Directors of Rebuilding Together, Peninsula Chapter.