Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BakBone Software Names Douglas S. Lindroth as Chief Financial Officer.


SAN DIEGO -- BakBone Software (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:BKB BKB Basler Kantonalbank (Switzerland)
BKB Black King Bar (gaming weapon)
BKB BV Kwaliteitsverklaringen Bouw (Dutch)
BKB BankBoston Corporation
) (Pink Sheets:BKBO), a global provider of heterogeneous integrated data protection solutions, today announced that Douglas Lindroth, 39, has been appointed chief financial officer, effective immediately.

Most recently, Lindroth was senior vice president and chief financial officer for Memec Group Holdings Limited, a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 and the world's leading specialty semiconductor distributor, located throughout 42 countries with annual revenue of approximately $2.3 billion. Promoted to CFO See Chief Financial Officer.  in 2003, Lindroth's global responsibilities for the company included all financial operations and legal affairs.

During his nine-year tenure at Memec, Lindroth led a global finance, legal and strategic planning staff of 130 people. Lindroth directed the upgrade of all regional finance management processes and procedures to address Sarbanes-Oxley requirements, including the implementation of a global financial ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  system that resulted in significant process improvements, financial reporting capabilities and expedited monthly closings. Lindroth held other Memec positions, including vice president of finance for the Americas; chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive  for Atlas Business Services, a subsidiary of Memec; and controller of the Americas.

In July 2005 Memec was acquired by Avnet, Inc., with Lindroth acting as an integral member of the negotiation and due diligence team. Prior to the Avnet acquisition, Lindroth was intimately involved in preparing Memec's S-1 registration statement with the Securities and Exchange Commission for a June 2004 $400 million initial public offering, which was subsequently withdrawn due to unfavorable market conditions.

Prior to his work at Memec, Lindroth was a senior audit manager with KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 from 1990 to 1997. In addition to his auditing responsibilities, he served as recruiting manager for the San Diego office of KPMG.

Lindroth is a graduate of San Diego State University San Diego State University (SDSU), founded in 1897 as San Diego Normal School, is the largest and oldest higher education facility in the greater San Diego area (generally the City and County of San Diego), and is part of the California State University system. , with a BA cum laude in Business Administration with an emphasis in accounting. In addition to holding a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  license in California, Lindroth is a member of the Finance Executives Institute.

"We are extremely pleased to welcome Doug to the senior leadership team at BakBone Software," commented Jim Johnson, BakBone's 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. . "Doug brings a very strong and definable worldwide financial and operational background to the company. As the former CFO of a multi-billion dollar global operation, his depth of knowledge and experience will be a tremendous boost in orchestrating the growth at BakBone."

John Fitzgerald has resigned from his position as chief financial officer to pursue other interests. The Board expressed its appreciation for Fitzgerald's efforts on behalf of BakBone during the past five years and wishes him well in future endeavors.

Additional information can be found in the Form 8-K, which will be filed today with the Securities and Exchange Commission.

About BakBone Software, Inc.

BakBone Software is a leading international data protection solution provider that develops and distributes heterogeneous data backup, restore, disaster recovery, replication and storage reporting software for network storage and open-systems environments. BakBone delivers scalable solutions that address the complex demands of large enterprise environments, as well as small- to medium-sized businesses. Founded in 2000, BakBone products are used by Fortune 1000 corporations and domestic and international government entities. Distributed through a select global network of strategic partners, resellers and solution providers, interested companies can learn more information about BakBone's products and services and its newly introduced IDP vision at www.bakbone.com or email info@bakbone.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 27, 2006
Words:547
Previous Article:GATX Corporation Reports 2006 First Quarter Results.
Next Article:Sona Mobile Announces Sona BlackBerry(R) Media Player(TM), the First MultiMedia Software Application for Use with BlackBerry Devices.
Topics:



Related Articles
BakBone Software Announces Executive Promotions; CFO, Vice Presidents of Sales, Marketing Named.
BakBone Software Appoints CFO.
BakBone Software Announces U.S. Securities and Exchange Commission Registration Complete.
BakBone Software Closes Private Placement.
BakBone Software Announces Preliminary Results for the Third Quarter Fiscal 2003.
Memec Appoints New Chief Financial Officer and Group Vice President.
BakBone Software to Present at Roth Capital Growth Stock Conference.
BakBone Appoints Douglas Spencer as VP R&D and Fabrice Helliker as CTO; Collaboration to Sharpen BakBone's Next-Generation Technology Vision and...
BakBone Announces Universal Version of Enterprise Data Protection Solution for Intel-Based Macs; BakBone Follows Through on Commitment to Offer...
BakBone Named Sun Storage Partner of the Year.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles