{{Short description|American businessman (born 1962)}} {{Infobox person | name = Lloyd Carney | image = LloydCarneyprofessional.jpg | caption = | birth_date = 1962 | birth_place = Kingston, Jamaica | citizenship = United States | alma_mater = Wentworth Institute of Technology; Lesley University | occupation = Business executive | title = Chairman and CEO of Carney Global Ventures<br>Chancellor of University of Technology, Jamaica | boards = {{Unbulleted list | Visa Inc. | Vertex Pharmaceuticals | Grid Dynamics (Chairman) }} | children = 3 | website = {{URL|https://carneyglobalventures.com}} }} '''Lloyd Carney''' (born 1962) is an American businessman who lives in the San Francisco Bay Area. He is the former chief executive officer and a member of the board of directors of Brocade Communications Systems<ref>{{cite web|title=Brocade Names Lloyd Carney as Chief Executive Officer|url=http://newsroom.brocade.com/press-releases/brocade-names-lloyd-carney-as-chief-executive-offi-nasdaq-brcd-974117#.Uo0l-sTktyx|publisher=Brocade|access-date=20 November 2013}}</ref>, leaving that position when Brocade was acquired by Broadcom Limited in 2017.<ref>{{cite news|title=Broadcom closes $5.5 billion Brocade deal|url=https://www.reuters.com/article/us-brocade-commns-m-a-broadcom/broadcom-closes-5-5-billion-brocade-deal-idUSKBN1DH1T9|work=Reuters|date=November 17, 2017|access-date=March 27, 2018}}</ref>
He has also held senior leadership roles at IBM and Juniper Networks.
Carney serves as Chancellor of the University of Technology, Jamaica.<ref>{{cite web|title=Chancellor Profile – Lloyd Carney|url=https://www.utech.edu.jm/about-utech/chancellor-profile/|publisher=University of Technology, Jamaica|access-date=31 March 2026}}</ref>
He is Chairman and Chief Executive Officer of Carney Global Ventures.<ref>{{cite web|title=Carney Global Ventures|url=https://carneyglobalventures.com/|publisher=Carney Global Ventures|access-date=31 March 2026}}</ref>
He serves on the board of Vertex Pharmaceuticals.<ref>{{cite web|title=Lloyd Carney – Leadership|url=https://www.vrtx.com/our-company/leadership/lloyd-carney/|publisher=Vertex Pharmaceuticals|access-date=31 March 2026}}</ref>
==Early life== Carney was born in Kingston, Jamaica. He attended Wolmer's Boys' School, one of the oldest high schools in the Caribbean, before relocating to the United States to pursue higher education.
== Education == Lloyd Carney earned a Bachelor of Science in Electrical Engineering Technology from the Wentworth Institute of Technology and a Master of Science in Applied Business Management from Lesley University (formerly Lesley College).<ref name="vertex_profile">{{cite web |title=Lloyd Carney |url=https://www.vrtx.com/our-company/leadership/lloyd-carney/ |publisher=Vertex Pharmaceuticals |access-date=2026-04-01}}</ref>
=== Honorary degrees === In 2013, Carney was awarded an honorary PhD in Engineering by the Wentworth Institute of Technology, where he also delivered the August 2013 commencement keynote address.<ref name="wentworth_keynote">{{cite web |title=Wentworth Institute of Technology Commencement Address – Lloyd Carney (2013) |url=https://www.youtube.com/watch?v=uZbfxaqzSyI |website=YouTube |access-date=2026-04-01}}</ref>
In 2022, he received an honorary Doctor of Engineering degree from the University of Technology, Jamaica.<ref name="utech_honorary">{{cite web |title=Lloyd Carney Awarded Honorary Doctorate |url=https://carneyglobalventures.com/ |access-date=2026-04-01}}</ref>
Carney has served multiple terms on the Board of Trustees of the Wentworth Institute of Technology.<ref name="wentworth_board">{{cite web |title=Lloyd Carney returns to Wentworth Board of Trustees |url=https://wit.edu/news/lloyd-carney-returns-board-trustees |publisher=Wentworth Institute of Technology |access-date=2026-04-01}}</ref> He has also contributed to campus development by funding resources such as the ''Lloyd Carney Reading Room'' and the ''Tech Sandbox'', initiatives aimed at supporting student innovation and entrepreneurship.<ref name="vertex_profile" />
== Career ==
=== Early career === Carney began his career in the technology and networking sector at Wellfleet Communications. The company later merged with SynOptics to form Bay Networks, which was subsequently acquired by Nortel Networks in 1998.<ref name="streetinsider">{{cite web |title=Brocade Appoints Lloyd Carney as CEO |url=https://www.streetinsider.com/Management+Changes/Brocade+(BRCD)+Appoints+Lloyd+Carney+as+CEO/8006783.html |publisher=StreetInsider.com |access-date=2026-04-01}}</ref>
=== Juniper Networks (2002–2003) === In 2002, Carney joined Juniper Networks as Chief Operating Officer, where he oversaw engineering, product management, and manufacturing.<ref name="bloomberg">{{cite web |title=Brocade CEO Carney Says Not Planning Sale of the Company |url=https://www.bloomberg.com/news/articles/2013-01-18/brocade-ceo-carney-says-not-planning-sale-of-the-company |publisher=Bloomberg |access-date=2026-04-01}}</ref>
=== Micromuse and IBM (2003–2008) === Carney later became Chairman and Chief Executive Officer of Micromuse, a network management software company. Micromuse was acquired by IBM in 2006.<ref name="sec_micromuse">{{cite web |title=Micromuse Appoints Lloyd Carney as Chairman and CEO |url=https://www.sec.gov/Archives/edgar/data/1036425/000119312503025480/dex991.htm |publisher=U.S. Securities and Exchange Commission |access-date=2026-04-01}}</ref>
=== Xsigo Systems (2008–2012) === In 2008, Carney became Chief Executive Officer of Xsigo Systems, a data center virtualization company. Xsigo was acquired by Oracle Corporation in 2012.<ref name="mercury">{{cite news |title=Mercury News interview: Lloyd Carney, CEO of Xsigo Systems |url=http://www.mercurynews.com/ci_20342326/mercury-news-interview-lloyd-carney-ceo-xsigo-systems |newspaper=Mercury News |access-date=2026-04-01}}</ref><ref name="bloomberg" />
=== Brocade Communications Systems (2013–2017) === Carney served as Chief Executive Officer and Director of Brocade Communications Systems from 2013 to 2017.<ref name="streetinsider" /> During his tenure, the company expanded its position in data center and storage networking.<ref name="bloomberg" /> Brocade was acquired by Broadcom Inc. in 2017.<ref name="bloomberg_acquisition">{{cite web |title=Brocade Taps Carney as CEO After Earlier Search for Buyer |url=https://www.bloomberg.com/news/articles/2013-01-14/brocade-taps-carney-as-ceo-after-previously-trying-to-find-buyer |publisher=Bloomberg |access-date=2026-04-01}}</ref>
=== Grid Dynamics === Carney serves as Chairman of the Board of Grid Dynamics, a digital transformation and technology consulting company. In 2020, the company became publicly traded following a business combination with ChaSerg Technology Acquisition Corp.<ref name="grid_ipo">{{cite web |title=Grid Dynamics Goes Public through Business Combination with ChaSerg Technology Acquisition Corp. |url=https://www.griddynamics.com/press-releases/pr-3-5-2020 |publisher=Grid Dynamics |access-date=2026-04-01}}</ref>
=== Tryall Golf Club ===
Carney has served as President of the Tryall Golf Club in Jamaica.<ref name="tryall">{{cite web |title=Golf – Tryall Club |url=https://tryallclub.com/golf/ |publisher=Tryall Club |access-date=2026-04-01}}</ref>
== Board memberships ==
=== Corporate boards === Carney has served on the boards of several publicly traded companies in the technology and life sciences sectors. He joined the Board of Directors of Visa Inc. in 2015 and serves as Chair of the Audit and Risk Committee.<ref name="visa">{{cite web |title=Board of Directors – Lloyd Carney |url=https://investor.visa.com/investor-relations/corporate-governance/board-of-directors/Person-Details/default.aspx?ItemId=ce93f311-c4d3-44b1-ba67-6bf10b83a18b |publisher=Visa Inc. |access-date=2026-04-01}}</ref> He was appointed to the Board of Directors of Vertex Pharmaceuticals in 2019, where he serves as Chair of the Corporate Governance and Nominating Committee.<ref name="vertex">{{cite web |title=Lloyd Carney |url=https://www.vrtx.com/our-company/leadership/lloyd-carney/ |publisher=Vertex Pharmaceuticals |access-date=2026-04-01}}</ref>
Carney is Chairman of the Board of Grid Dynamics, a digital transformation and technology consulting company.<ref name="grid">{{cite web |title=Corporate Governance |url=https://www.griddynamics.com/investors/corporate-governance |publisher=Grid Dynamics |access-date=2026-04-01}}</ref> He previously served as Chairman of the Board of Nuance Communications, having been appointed in 2018.<ref name="nuance">{{cite web |title=Nuance Names Four New Independent Directors; Appoints Lloyd Carney as Chairman of the Board |url=https://www.globenewswire.com/news-release/2018/09/12/1569678/0/en/Nuance-Names-Four-New-Independent-Directors-Appoints-Lloyd-Carney-as-Chairman-of-the-Board.html |publisher=GlobeNewswire |access-date=2026-04-01}}</ref> Carney also served on the Board of Directors of Technicolor and on the Board of Directors of Cypress Semiconductor from 2005 to 2014.<ref name="vertex" />
=== Nonprofit and advisory roles === Outside the corporate sector, Carney has held advisory and nonprofit leadership roles. He has served on the Executive Council of UCSF Health and as a trustee of the Wentworth Institute of Technology.<ref name="wentworth_board" />
Carney has also served on the Advisory Council of the Boys & Girls Clubs of the Peninsula, a community-based youth development organization in California’s Bay Area.<ref name="bgcp">{{cite web |title=Our Team |url=https://www.bgcp.org/team |publisher=Boys & Girls Clubs of the Peninsula |access-date=2026-04-01}}</ref>
He has participated in Silicon Valley Start-up Common (SVSC), where he has mentored early-stage founders and supported entrepreneurship initiatives.<ref name="vertex" />
== Public service and academic leadership ==
In August 2022, Carney was appointed Chancellor of the University of Technology, Jamaica.<ref name="utech_chancellor">{{cite web |title=Chancellor Profile – Lloyd Carney |url=https://www.utech.edu.jm/about-utech/chancellor-profile/ |publisher=University of Technology, Jamaica |access-date=2026-04-01}}</ref> In this role, he has supported initiatives in science, technology, engineering, and innovation and has advocated for the development of Jamaica’s talent pipeline in STEM fields.<ref name="utech_chancellor" />
In May 2023, the Government of Jamaica named Carney its Ambassador for Technology (also referred to as Special Investment Envoy for Technology).<ref name="jamaica_observer">{{cite news |title=PM names 4 new ambassadors, special investment envoys |url=https://www.jamaicaobserver.com/2023/05/12/pm-names-4-new-ambassadors-special-investment-envoys/ |newspaper=Jamaica Observer |access-date=2026-04-01}}</ref> The role focuses on attracting technology investment, strengthening digital infrastructure, and supporting the development of Jamaica’s technology sector.<ref name="jamaica_observer" />
== Philanthropy ==
Carney is the founder of the Lloyd Carney Foundation, a nonprofit organization focused on education, health, and community initiatives.<ref name="carney_foundation">{{cite web |title=About |url=https://carneyglobalventures.com/about/ |publisher=Carney Global Ventures |access-date=2026-04-01}}</ref>
The foundation has supported initiatives in multiple countries, including Jamaica, Haiti, South Africa, and the United States.<ref name="carney_foundation" />
The foundation has contributed medical equipment to Jamaican hospitals, including cranial imaging equipment for the University Hospital of the West Indies, and has supported the Black River Hospital in Saint Elizabeth Parish.<ref name="carney_foundation" />
In 2024, students at the University of Technology, Jamaica received scholarships funded by Carney Global Ventures and the Lloyd Carney Foundation.<ref name="carney_foundation" />
The Lloyd Carney Foundation also funded the establishment of the IMEK Laboratory at the University of Technology, Jamaica, a makerspace focused on innovation, manufacturing, engineering, and knowledge development.<ref name="utech_imek">{{cite web |title=Prime Minister lauds historic launch of the UTech Lloyd Carney Foundation IMEK Lab |url=https://www.utech.edu.jm/prime-minister-lauds-historic-launch-of-the-utech-lloyd-carney-foundation-imek-lab/ |publisher=University of Technology, Jamaica |access-date=2026-04-01}}</ref><ref name="jis_imek">{{cite web |title=PM launches state-of-the-art IMEK Laboratory |url=https://jis.gov.jm/pm-launches-state-of-the-art-imek-laboratory/ |publisher=Jamaica Information Service |access-date=2026-04-01}}</ref>
The facility is designed to support students in developing practical solutions in science, technology, engineering, and manufacturing, and includes advanced equipment such as 3D printing technology.<ref name="jis_imek" />
== Honors and awards ==
In May 2025, Carney was ranked No. 73 on the inaugural ''The Wall Street Journal'' list of the "Top 250 Most Influential and Effective Corporate Directors" serving on S&P 500 boards.<ref name="vision">{{cite web |title=Lloyd Carney Named Among Top U.S. Corporate Directors |url=https://visionnewspaper.ca/lloyd-carney-named-among-top-u-s-corporate-directors/ |publisher=Vision Newspaper |access-date=2026-04-01}}</ref>
Carney was also recognized by the National Association of Corporate Directors (NACD) as part of its "Directorship 100," which honors individuals in corporate governance.<ref name="nacd">{{cite web |title=Lloyd Carney – NACD Directorship 100 Honoree |url=https://www.nacdonline.org/about/nacd-directorship-100/honorees/2025-honoree-bios/lloyd-carney/ |publisher=National Association of Corporate Directors |access-date=2026-04-01}}</ref>
In October 2025, Carney was awarded the national honour of Commander in the Order of Distinction (CD) by the Government of Jamaica for his contributions to academia and philanthropy.<ref name="gleaner">{{cite news |title=Service over self |url=https://jamaica-gleaner.com/article/news/20251021/service-over-self |newspaper=Jamaica Gleaner |access-date=2026-04-01}}</ref>
== Media coverage ==
Carney has been featured in several publications. A 2012 profile in ''Forbes'' discussed his career and leadership in the technology sector.<ref name="forbes">{{cite web |title=Lloyd Carney’s Profitable Journey From Jamaica to Palo Alto |url=https://www.forbes.com/sites/petercohan/2012/08/22/lloyd-carneys-profitable-journey-from-jamaica-to-palo-alto/ |publisher=Forbes |access-date=2026-04-01}}</ref> In 2016, ''The New York Times'' featured Carney in its "Corner Office" series, focusing on his leadership philosophy.<ref name="nyt">{{cite news |title=Think You’re Irreplaceable? Take the Bucket Test |url=https://www.nytimes.com/2016/08/28/business/lloyd-carney-think-youre-irreplaceable-take-the-bucket-test.html |newspaper=The New York Times |access-date=2026-04-01}}</ref>
''Business Insider'' also profiled Carney in 2016, discussing his leadership approach and early influences.<ref name="bi">{{cite web |title=Brocade CEO Lloyd Carney learned leadership lessons from his grandfather |url=https://www.businessinsider.com/lloyd-carney-brocade-ceo-lessons-from-grandfather-2016-9 |publisher=Business Insider |access-date=2026-04-01}}</ref>
== Personal life ==
Carney divides his time between the San Francisco Bay Area and Montego Bay, Jamaica, where he owns a working farm.<ref name="carney_foundation" />
He has three children and two grandchildren.
== References == {{Reflist|2}}
{{DEFAULTSORT:Carney, Lloyd}} Category:American businesspeople in the telecommunications industry Category:American chief executives in technology Category:Living people Category:1962 births Category:Businesspeople from Kingston, Jamaica Category:21st-century Jamaican businesspeople Category:Wentworth Institute of Technology alumni Category:Lesley University alumni Category:American chief operating officers Category:Wolmer's Schools alumni