Agilent Technologies' President and CEO to Assume Board Chairmanship.Business Editors PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Nov. 21, 2002 Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Inc. (NYSE NYSE See: New York Stock Exchange :A) today announced that Ned Barnholt, Agilent president and 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. , has been named chairman of the company's Board of Directors. Barnholt replaces Gerald Grinstein Gerald Grinstein is the former CEO of Delta Air Lines, Inc. of Atlanta, Georgia, the world's second largest airline. Grinstein came to the position in 2004, after CEO Leo F. , who will retire from the board in March 2003. Grinstein, 70, will remain as lead director through February. Upon Grinstein's retirement, board member David Lawrence David Lawrence can refer to many people:
Grinstein became a director and non-executive chairman of Agilent's board when the company was launched in 1999. As the former chairman and CEO of both Burlington Northern and Western Airlines, Grinstein brought a wealth of experience in board management issues to Agilent, which had just been spun off from Hewlett-Packard. "Jerry was instrumental in helping us establish Agilent as an independent company," said Barnholt. "His guidance during these past three years has been immeasurable, and I look forward to a continuing relationship with him after he has stepped down from our board." "My work with Agilent and Ned has been a wonderful experience," said Grinstein. "It was my good fortune to be able to play a part in the launch of this great company and help with the formation of a strong board that continues to bring diverse perspectives to the table. The next chapters at Agilent will be exciting to watch, since the company is in such good hands." Barnholt, 59, was named president and CEO at the time of Agilent's spin-off from Hewlett-Packard in 1999. Prior to that, he served as executive vice president and general manager of HP's Measurement Organization. Barnholt began his career with HP in 1966. Current Agilent board members include Dr. David M. Lawrence, chairman emeritus, Kaiser Foundation Hospitals; Heidi Kunz, executive vice president and chief financial officer, Gap Inc.; Robert Herbold, executive vice president (part-time), Microsoft Corporation; A. Barry Rand, former chairman and CEO, Avis Group Holdings; James Cullen, former 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. , Bell Atlantic; and Walter B. Hewlett, independent software developer. About Agilent Technologies Agilent Technologies Inc. (NYSE:A) is a global technology leader in communications, electronics and life sciences. The company's 36,000 employees serve customers in more than 120 countries. Agilent had net revenue of $6 billion in fiscal year 2002. Information about Agilent is available on the Web at www.agilent.com. NOTE TO EDITORS: Further technology, corporate citizenship Corporate Citizenship The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while and executive news is available on the Agilent news site at www.agilent.com/go/news. |
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