AST names Joseph E. Norberg as chief financial officer.IRVINE, Calif.--(BUSINESS WIRE)--May 2, 1996--AST Research Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASTA) Thursday announced that Joseph E. Norberg will join the company as senior vice president and chief financial officer beginning May 6. As CFO See Chief Financial Officer. , Norberg will be responsible for leading AST's finance operations The execution of the joint finance mission to provide financial advice and guidance, support of the procurement process, providing pay support, and providing disbursing support.See also financial management. and overseeing the company's focus on developing and maintaining necessary financial disciplines to support growth objectives and the overall business plan. Prior to joining AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel. , Norberg, 49, was CFO and treasurer for more than 10 years at Hill, Holliday, Connors, Cosmopulos Inc., a Boston-based advertising firm. Other positions he has held during his career include domestic and international controller positions at Wang Laboratories Wang Laboratories - Computer manufacturer, known for their office automation products. Quarterly sales $208M, profits $3M (Aug 1994). and audit manager at Ernst & Young. "Joe brings a unique complement of business and finance skills to AST," said Ian Diery, AST president and chief executive officer. "As AST turns around, Joe's background in international finance, technology and experience in the advertising business fit well with AST's current needs." "AST's strong heritage as a leading personal computer manufacturer, combined with Samsung's strategic investment, makes this a tremendous opportunity for me," said Norberg. "I look forward to the challenge of returning AST to profitability and contributing to the strong management team assembled to lead the company's resurgence." AST Research AST Research, Inc. was a personal computer manufacturer, founded in Irvine, California in 1980 by Albert Wong, Safi Qureshey and Thomas Yuen. (The name comes from the initials of their first names. , a member of the Fortune 500 list of America's largest industrial and service companies, is one of the world's leading personal computer manufacturers. The company develops a broad spectrum of desktop, mobile and server PC products that are sold in more than 100 countries worldwide. Corporate headquarters are located at 16215 Alton Parkway, P.O. Box 57005, Irvine, Calif. 92619-7005. Telephone 714/727-4141 or 800/876-4278. Fax 714/727-9355. CONTACT: AST Research Inc., Irvine Emory Epperson (media), 714/727-7958 Misty mist·y adj. mist·i·er, mist·i·est 1. Consisting of or marked by mist: a misty rain; a misty night. 2. Ohmart (analysts), 714/727-7728 |
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