Ben C. Bryant, Jr. Resigns as Chairman of the Board of SCB Computer Technology, Inc.Business Editors MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--July 17, 2000 SCB ScB abbr. Latin Scientiae Baccalaureus (Bachelor of Science) Computer Technology, Inc. (Nasdaq:SCBI SCBI Sportfishing Club of the British Isles ) today announced that Ben C. Bryant Bry·ant , William Cullen 1794-1878. American poet, critic, and editor known especially for his early nature poems, such as "Thanatopsis" (1817) and "To a Waterfowl" (1821). , Jr., has resigned as chairman of the Board of Directors of SCB effective as of September September: see month. 1, 2000. Mr. Bryant, who is the largest shareholder of SCB, will continue as chairman until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links 1, 2000, to help ensure a smooth transition. After that date, he will retire from full-time employment with SCB, but will continue to serve as a member of the Board of Directors and a consultant to SCB. SCB anticipates that it will name a new chairman from among its independent directors. Commenting on the announcement, Scott Cobb, chief executive officer of SCB, said, "As a founding member of SCB, Ben has played an instrumental role in the growth of SCB. He and I have worked closely together for over 25 years, and I sincerely appreciate his willingness to continue providing his counsel, experience and assistance as a director and consultant to SCB." Ben C. Bryant, Jr., chairman of SCB, said, "I have decided to step down as chairman and serve in a consulting role as we endeavor to re-focus SCB on its core business competencies. I continue to have a deep personal commitment to our employees and clients, and the future of SCB, and intend to provide my ongoing assistance to Scott and SCB as a director and consultant." Certain statements contained in this press release and related statements by management may be deemed to be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements involve a number of risks and uncertainties, including those described in SCB's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update this forward-looking information except as required by law. SCB Computer Technology, Inc. is a leading provider of information technology management and technical services to Fortune 1000 companies, state and local governments, and other large organizations. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion