(TDM) UB Networks Announces James P. McCormick Promotion To Vice President, Finance.SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 20, 1995--UB Networks today announced the promotion of James P. McCormick to vice president, Finance. In his new position, McCormick will be responsible for integration and management of all finance and accounting functions. Joining UB in 1994, McCormick served as group director for Financial Planning and Analysis where he was responsible for driving financial analysis of company overall performance. Other accomplishments at UB Networks include automation of reporting for revenue, gross margin, and spending for divisional control and decision making purposes. "In our fast paced, highly competitive business environment, having quality information available for decision support is crucial," said Chris Brennan, senior vice president and chief financial officer of UB Networks. "James has assembled a team of people that have proven their ability to provide excellent analytical work, effective planning, and a balance of tracking and controls to monitor company revenue." Prior to joining UB Networks, McCormick spent five years at Tandem Computers where he served in numerous management positions in financial planning and analysis. He has held positions as controller at Howard Gas & Oil Co. and senior accountant at Ernst & Whitney. McCormick holds a masters of business administration from the University of Michigan and a bachelor of business administration in accounting from the University of Toledo in Ohio. UB Networks is a leading global supplier of network hardware and software products, and is a pioneer in the area of distributed network management solutions. The company offers a full line of enterprise wide networking products including the Geo family of enterprise, workgroup and ATM products. The company provides network management and application products and comprehensive integration services. Headquartered in Santa Clara, UB Networks is a wholly owned and independently operated subsidiary of Tandem Computers (NYSE:TDM). -0- Note to Editors: UB Networks and the UB Networks logo are trademarks of Ungermann-Bass Networks Inc. All other trademarks are owned by their respective companies. CONTACT: UB Networks Mei Li Lam, 408/987-6593 mei_li_lam@ub.com |
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