RESEARCH TRIANGLE PARK, N.C. — Reid Conrad, chief executive officer of Near-Time, Inc. in Chapel Hill, is the new chair of the board of directors for the Council for Entrepreneurial Development.

Conrad succeeds Cristy Shaffer, CEO of Inspire Pharmaceuticals.

Near-Time is a developer of collaboration software. Conrad, a long-time participant in CED affairs, is a co-founder of Near-Time. He also was co-founder of Extensibility, an XML software company that was acquired in 2000 by TIBCO Software.

“CED is in a strategic phase, and I am excited to serve this important role,” Conrad said in a statement. “CED has always been about helping entrepreneurs leverage the network. As the traditional network is blended with digital outreach, CED will truly become a center of entrepreneurial excellence. The result will be a best of class approach to help more entrepreneurs become successful faster.”

Other executive committee members for the 2006-2007 term include Monica Doss, the president of CED, Michael Constantino of Ernst & Young as treasurer and Kent Christison of the law firm Kennedy Covington Lobdell & Hickman as secretary.

Filling out the executive committee are: Dan Allred of Silicon Valley Bank, Peyton Anderson of Affinergy, Jeff Clark of The Aurora Funds, Steve Clark, Tom Finegan of Clarkston Consulting, John Glushik of Intersouth Partners, Mark Larson of Grant Thornton LLP, and Mary Musacchia of Global Business Development.

Newly elected board members include: Dave Babson; Suzanne Burns, Eaton Electrical, Inc.; Ken Carroll, Womble Carlyle Sandridge & Rice PLLC; Richard Casey, Square 1 Bank; Greg Pelton, Cisco Systems, Inc.; Adam Saffer, Saffer Foundation; Jeff Glass, Pratt School of Engineering, Duke University; Rich Harris, GVA Avantis Real Estate Services; and Gene Haley, Wilmington Pharmaceuticals.

For more information about the board, see: