3COM Appoints R. Scott Murray Chief Executive Officer; New Leader Brings Proven Track Record for Growing Revenue, Improving Profitability and Creating Shareholder Value.
MARLBOROUGH, Mass. -- 3Com Corporation today announced that its Board of Directors has named R. Scott Murray
"After meeting with a number of highly qualified candidates, we found Scott extremely well-suited to lead 3Com into the future," said Eric Benhamou, Chairman of 3Com. "His ability to drive operations, grow revenue and increase profitability will be critical in accelerating the execution of 3Com's strategy and creating shareholder value."
Prior to accepting the role of CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for 3Com, Murray was the CEO of Modus Media International, a global provider of supply chain management and hosted services. While at Modus, he built operational excellence and a strong focus on growth in revenue and new service offerings, which resulted in increased shareholder value and profitability. He also expanded Modus' operations in Europe and Asia, particularly in China.
"3Com has a sound strategy and incredible assets, including its core networking products; its industry leading security division, TippingPoint; and its joint venture with Huawei, all of which position it to become a leading vendor of secure, converged networking solutions for enterprise customers worldwide," added Murray. "I am confident that my global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. background and experience in turning around international technology companies will help 3Com capitalize on Cap´i`tal`ize on`
v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. its current momentum and continue our path to profitability. I look forward to working with the management team to grow the 3Com business and make it a world class industry leader that delivers value to its employees, customers, partners and investors."
In addition to his work with Modus Media, Murray also was president and chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Stream International, an outsourced Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) services company. He previously served as Chief Financial Officer for the Learning Company, a publicly traded software company with more than $800 million in annual revenue. He graduated from the University of Western Ontario Western is one of Canada's leading universities, ranked #1 in the Globe and Mail University Report Card 2005 for overall quality of education. It ranked #3 among medical-doctoral level universities according to Maclean's Magazine 2005 University Rankings. and began his career as a chartered accountant for Arthur Andersen in Canada.
About 3Com Corporation
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COMS City of Manchester Stadium (UK) ) is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. 3Com offers a broad line of innovative products backed by world class sales, service and support, which excel at delivering business value for its customers. Through its TippingPoint division, 3Com is the leading provider of network-based intrusion prevention systems that deliver in-depth application protection, infrastructure protection, and performance protection for corporate enterprises, government agencies, service providers and academic institutions. For further information, please visit www.3com.com, or the press site www.3com.com/pressbox.
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