Brian Colbeck Joins employeesavings.com As Chief Financial Officer.Business/E-Commerce Editors, Venture Capital, Internet Reporters BELLEVUE, Wash.--(BUSINESS WIRE)--July 25, 2000 -- Web and software executive brings more than a decade of senior finance expertise to diverse team of seasoned executives -- employeesavings.com, the leading provider of Web-based work/life solutions used by Fortune 500 employees to balance the responsibilities of work and home, today announced that former FileNET Corporation executive Brian A. Colbeck, has joined the company as chief financial officer (CFO See Chief Financial Officer. ). "Brian brings more than a decade of financial leadership in the Web and software industries to employeesavings.com and is a powerful force behind the company's next phase of growth and leadership in the Web-based work/life solutions market," said employeesavings.com 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. Norman Behar. "Brian deepens employeesavings.com's pool of diverse and seasoned senior executive talent, which includes former Starbuck's, Microsoft, Deloitte & Touche, Mercata and Egghead executives." As CFO, Colbeck will oversee the development and execution of the employeesavings.com financial strategy. Prior to joining employeesavings.com, he held several leadership positions with FileNET Corporation, (Nasdaq:FILE), a leader in Web content management and eBusiness applications. Most recently, Colbeck was vice president, controller and acting CFO, where he oversaw all aspects of the company's worldwide accounting, treasury and tax functions, which covered operations in 19 countries and revenues of more than $350 million. From 1990 to 1994, Colbeck was responsible for worldwide tax matters for a subsidiary of Conner Peripherals Conner Peripherals was a company that manufactured hard drives for personal computers. Conner Peripherals was founded in 1986 by Seagate Technology co-founder Finis Conner, as a merger between a company of his and another started by MiniScribe founders John Squires and Terry , Inc. (now Seagate Technology (company) Seagate Technology - A major manufacturer of hard disk drives, founded in 1979 as "Shugart Technology" by Alan F. Shugart and Finis Conner. That name is on the original patents for the 5.25" hard disk drive. , Inc. (NYSE NYSE See: New York Stock Exchange :SEG n. 1. (Bot.) Sedge. 2. The gladen, and other species of Iris. 1. A castrated bull. )), a leading provider of the Internet infrastructure enabling people to store, access, and manage information. Prior to Conner Peripherals, he was a senior tax accountant with Coopers & Lybrand (now PricewaterhouseCoopers), the world's largest professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. organization, where he worked with several leading clients in the manufacturing, real estate, retail and wholesale distribution industries. Colbeck earned a master's in business taxation from Golden Gate University and a B.A. in business administration from California State University Enrollment An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and member of the Financial Executive Institute, Association of Financial Professionals and Tax Executives Institute. About employeesavings.com employeesavings.com is the leading provider of Web-based work/life solutions used by Fortune 500 employees to balance the responsibilities of work and home. Formed in 1997, employeesavings.com is a private online network of products, services and applications for Fortune 500 and other thought-leading companies to help employees balance the responsibilities of work and home, which strengthens their company loyalty. The solution features highly valuable life-needs content, products and services; one-stop errand, travel and entertainment sources; and Web-based community building tools for HR managers and employees. Corporate employees may access the private online network 24 hours a day, seven days a week through a customized, password protected Web site, a printed catalog or point-of-purchase value card. Backed by Benchmark Capital Benchmark Capital is a venture capital firm responsible for the early stage funding of some very successful startups, including eBay. In 1995, the firm invested $6.7 million in eBay, which became worth more than $5 billion by the spring of 1999 and resulted in one of Silicon , Crosslink Capital and Goldman, Sachs & Co., employeesavings.com has more than 30 blue chip clients and over 600 regional and national product and service provider relationships. Clients include Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , The Boeing Company, Charles Schwab, The Association of Compaq Employees, Eddie Bauer, Hewlett-Packard Company, Macy's West, Microsoft Corporation, Nordstrom, Northwest Airlines, 3M, The Spiegel Group, Washington Mutual, Wells Fargo & Company and many others. The company is based in Bellevue, Wash., is endorsed by the Employee Services Management Association and may be found on the Web at www.employeesavings.com. |
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