Akamai Announces Management Change.Business Editors/High-Tech Writers CAMBRIDGE, Mass.--(BUSINESS WIRE)--March 23, 2004 Akamai Technologies Akamai Technologies, Inc. (NASDAQ: AKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. , 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 : AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ), the global leader in distributed computing (1) The use of multiple computers networked throughout a wide geographical area, or the world via the Internet, in order to solve a single problem. See grid computing. (2) The use of multiple computers in an enterprise rather than one centralized system. solutions and services, today announced that Michael A. Ruffolo, the company's 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. , will be leaving Akamai, effective April 9th. No replacement will be named, and members of Akamai's senior management team, including George H. Conrades, Chairman 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. , Paul Sagan, President, and Robert Hughes Robert Hughes may refer to:
In addition to remaining very active on technology company boards, Ruffolo will focus on investing in early stage companies and provide consulting for companies that need turnaround and restructuring expertise. "While we are sorry to see Mike go, we are deeply grateful for his strong leadership and operational skills during a very critical business transformation at Akamai," Conrades said. "Akamai is well-positioned for success and we appreciate Mike's many contributions. We wish him well in his new endeavors and thank him for helping establish Akamai as a market-driven, technology leader." "Akamai is a strong company getting stronger every day," Ruffolo said. "I am proud of our tremendous progress over the past three years and leave confident about the company's future prospects." About Akamai Akamai(R) is the global leader in distributed computing solutions and services, making the Internet predictable, scalable, and secure for conducting profitable e-business. The Akamai on demand platform enables customers to easily extend their Web operations - with full control - anywhere, anytime, without the cost of building out infrastructure. Headquartered in Cambridge, Massachusetts, Akamai serves hundreds of today's most successful enterprises and government agencies around the globe. Akamai is The Business Internet. For more information, visit www.akamai.com. |
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