Wave Systems Corp. has announced that William Solms ‘85 has been appointed by the board of directors as CEO, replacing Steven Sprague. Solms served as the company’s vice president of North American sales, and will now be responsible for ensuring a smooth transition and leading Wave’s executive team. Solms served a distinguished career as an active duty Army officer, capping his 20+ year military career as a member of the Joint Staff. After his military service, Solms joined Microsoft as a sales executive, directed the federal sales team for Oracle-on-Demand at Oracle, and held executive positions in business development and sales at A-T Solutions and Intellidyne, LLC.