BORLAND NAMES GARY WETSEL PRESIDENT; Philippe Kahn Resigns as President and CEO.SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--January 11, 1995-- Borland International Inc. today announced that Gary Wetsel, 49, executive vice president of operations and CFO See Chief Financial Officer. , has been named president and appointed to Borland's board of directors. The company also announced that Philippe Kahn Philippe Kahn (born March 16, 1952)[1] is an American technology innovator and entrepreneur, French-born, known as the founder of Borland, a producer of software development tools for as well as Starfish Software, the creator of the first wireless synchronization , 42, chairman, 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 resigned as president and CEO. Mr. Kahn, remains chairman of the board and remains in the employ of the company. Mr. Kahn, who founded Borland in 1983, will focus on long-term planning, international business and other special projects. Mr. Kahn said, "It has become clear that my continuing as president and CEO has become a distraction at a time when Borland needs to be fully focused on the challenges ahead of it. The board of directors has full confidence in Gary Wetsel and the rest of the management team to design and implement a successful restructuring plan." Gary Wetsel said, "Philippe Kahn is a true technology visionary who has been an integral part of the birth and success of the personal computer industry. His skills and vision will continue to be a valuable asset to the board of directors and the industry as a whole. "Our senior management team has made tremendous progress in building a long-term, customer-focused strategic plan aimed at significantly reducing our cost structure. I am eager to spearhead the implementation of the plan, which we expect to announce in the near future," added Wetsel. David Heller, a member of Borland's board of directors said, "On behalf of the board I would like to express our gratitude for Philippe's outstanding contributions. Philippe's ability to anticipate customer needs and translate them into high-quality products has resulted in significant innovation and increased competition in the industry. We look forward to his continued contributions." The company also announced the resignation of Doug Chance from its board of directors. Mr. Chance said he resigned in order to devote more time to his role as president and CEO of Wyse Technology. Chance said, "The demands of my personal time and energy as a Borland director detracts from my obligations to the shareholders, employees and customers of Wyse, where we are implementing our own turnaround plan." Gary Wetsel: Background Wetsel joined Borland as its chief financial officer in 1994 from Octel Communications Corporation where he was executive vice president and CFO. During his four years with Octel, Wetsel was responsible for managing the company's operations, including finance, information systems, investor relations Investor relations The process by which the corporation communicates with its investors. , business development and facilities. He also managed Octel's engineering organization and several subsidiaries on an interim basis. In addition to his experience at Octel, Wetsel has over 20 years of management experience with a wide variety of companies, including American President
Philippe Kahn: Background Philippe Kahn, a French mathematician is one of the software industry pioneers. In the 1970s, he worked in Zurich, Switzerland under Niklaus Wirth (person) Niklaus Wirth - The designer of the Modula-2, Modula-3, and, in around 1970, Pascal programming languages. on Pascal, the computer programming language. Along with Andre Truong he developed software for the Micral, the first ever non-kit personal computer. After moving to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. in 1982, Kahn founded Borland in 1983 with the mission to deliver software craftsmanship Software Craftsmanship represents an alternative way of describing the activity of writing computer software that focuses on the mastery of individuals, not the knowledge of a body of manufacturing principals. to customers worldwide, as well as advance the industry through technological innovation. Under his direction, Borland established leadership positions with products such as Turbo Pascal An early Pascal compiler for DOS from Borland used in a wide variety of applications from accounting to complex commercial products. Turbo Pascal for Windows provides an object-oriented programming environment for Windows development. , Paradox and Borland C++. Concurrently, he spearheaded the object computing revolution. Without venture capital funding, Borland grew from a garage start-up to one of the largest software companies in the world. Philippe is an accomplished flutist, pilot, and sailor. Borland International Inc. Borland International 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 :BORL) is a leading supplier of software engineering tools. A pioneer in the use of object-oriented technology, Borland is focused on delivering tools and services that help customers "upsize up·size v. up·size, up·siz·ing, up·siz·es v.intr. To become greater or larger: "the chief executives ... saw the combined value of their share options upsize by $36. " to networked and client-server environments. Borland's award-winning products are supported through programs for software developers, value added resellers, systems integrators, corporate customers, computer software retailers and end users. Headquartered in Scotts Valley, California Scotts Valley is a small city located in eastern Santa Cruz County, California, United States, about ten miles (16 km) south of San Jose and six miles (10 km) north of the beach in the upland slope of the Santa Cruz Mountains. As of the 2000 census, the city population was 11,385. , Borland's products include dBASE, Paradox, InterBase, ReportSmith, Borland C++, Borland Pascal, Sidekick and Dashboard. CONTACT: Borland International Inc.
Steve Grady, 408/431-1621
sgrady@wpo.borland.com
Dick O'Donnell, 408/431-1631
dodonnell@wpo.borland.com
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