Arbor Software Structures Organization for Continued High Growth; Senior Vice President John Dillon Promoted to President and Chief Operating Officer.SUNNYVALE, Calif.--(BUSINESS WIRE)--January 22, 1997--Arbor Software Corporation (Nasdaq: ARSW ARSW Annual Report of the Secretary of War ), a leading provider of client/server software for business planning, analysis and management reporting, today announced that it has structured its organization for continued growth by promoting John Dillon
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Mr. Dillon will report directly to Jim Dorrian, Arbor's 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. and chairman of the board. "John has been key to driving the phenomenal growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. that Arbor has experienced over the past several years. As senior vice president of field operations, John built a world class sales and support organization and instilled a company-wide commitment to rapid growth through a leveraged business model," said Jim Dorrian, Arbor's CEO and chairman. "John is the right person to lead the operations of Arbor as we take the company to the next level of growth and profitability." Mr. Dillon joined Arbor Software in December, 1993 as vice president of worldwide sales. Promoted to senior vice president of field operations in March, 1996, Mr. Dillon has had worldwide responsibility for all sales, support, consulting and education operations. In his new role as president and chief operating officer, Mr. Dillon will take on the additional responsibilities of marketing, engineering, finance and administration. "I am excited about this opportunity to help extend Arbor's lead in the OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. market," said Mr. Dillon. "We will continue to focus on a framework which enables customers to gain the maximum value from their data warehousing initiatives using Essbase. Through product innovation and a leveraged business model, Arbor has the right ingredients to deliver a high level of customer satisfaction, growth and profitability." Mr. Dorrian, Arbor's co-founder, president, CEO and chairman of the board since 1991, will continue to focus on Arbor's strategic issues including overall corporate vision, strategic initiatives, product direction and business alliances. "To achieve our goals for market leadership we must aggressively prepare our organization for growth," said Mr. Dorrian. "This means bringing out the best in every employee and reaching for new levels of performance. My focus on strategic issues and John's focus on operations will be a key to long-term growth." About Arbor Software Arbor Software Corporation (Nasdaq:ARSW) develops and markets client/server software for business planning, analysis, management reporting and data warehousing applications. Arbor's products are used by more than 900 corporations spanning a broad range of industries and business applications including BankBoston, Los Angeles Times Los Angeles Times Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name). , Pennzoil, PEPSICO, Prudential and Sears. Arbor has over 100 application, services, tools and platform partners, including Fujitsu, Hewlett-Packard, IBM and Microsoft See Microsoft and IBM. . Arbor's products are sold direct, as well as through system integrators and VARs worldwide. Arbor's offices are located in Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Sunnyvale, Washington D.C., Hamburg, London, Paris and Sydney. More information on Arbor products and services can be found on Arbor's World Wide Web (WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. ) site at http://www.arborsoft.com. -0- Note to Editors: Essbase and Arbor are registered trademarks of Arbor Software Corporation. For Arbor Software product information, please call 1-800-858-1666 or e-mail info@arborsoft.com CONTACT: Joanna McMillan Arbor Software 408/541-4035 jmcmillan@arborsoft.com |
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