Business Objects Announces Executive Promotions.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--May 12, 1999-- Business Objects (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 :BOBJ BOBJ Business Objects SA ), the world's leading provider of integrated enterprise decision support tools, today announced the promotion of Dave Kellogg to senior vice president of marketing, the promotion of Alexandre Dayon to senior vice president of technology, and the promotion of Eric Bregand to vice president of enterprise product development. Kellogg joined Business Objects in 1995 as vice president of product marketing and was promoted to vice president of corporate marketing in 1997. Kellogg is responsible for the company's strategic marketing; product marketing; corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. ; marketing services; and Business Objects University, the company's innovative internal training and employee induction induction, in electricity and magnetism induction, in electricity and magnetism, common name for three distinct phenomena. Electromagnetic induction program. Dayon, previously vice president of products, will move from operational management to a strategic advisory position as senior vice president of technology. In this advisory role, Dayon will participate in defining the technology vision of the company and provide technical guidance to the research and development organization. Bregand has been with the organization for more than five years, and is currently responsible for the development and delivery of BusinessObjects(tm) 5.0 and WebIntelligence(tm) 2.5. These products are in beta with production expected in June 1999. "This promotion for Dave Kellogg is in recognition of his strong contribution in our corporate marketing over the past four years," said Bernard Liautaud Bernard Liautaud is chairman and chief strategy officer of Business Objects. Liautaud cofounded Business Objects in 1990 and was chief executive officer until September 2005. , 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. of Business Objects. "He has that rare combination of strategic thinking and operational execution that makes him a tremendous asset to my senior management team." "Alexandre Dayon has done a tremendous job running our products organization, and now I expect him to make strong contributions in his new advisory role," Liautaud continued. "Finally, I am excited about Eric Bregand taking this new role. As the architect of our upcoming new release, Eric will undoubtedly continue our tradition of outstanding engineering in our core enterprise business intelligence products." About Business Objects Business Objects is the world's leading provider of integrated enterprise decision support tools. Business Objects products provide non-technical business users with access to information stored in data warehouses, data marts A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. , and packaged business applications. Business Objects provides a complete suite of decision support tools including query, reporting, online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. , data mining, and DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S administration for both client/server and internet environments. Business Objects has sold more than 1,180,000 licenses to over 8,100 organizations in more than 60 countries worldwide. Business Objects may be reached by phone at 408-953-6000 or on the worldwide web at http://www.businessobjects.com. The Company's stock is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BOBJ. BusinessObjects and WebIntelligence are trademarks of Business Objects SA. Other company and product names may be trademarks of the respective companies with which they are associated. This press release contains statements that may constitute "forward looking statements" within the meaning of applicable law, including statements regarding the company's ability to improve its operating performance, the newly promoted managers' abilities to contribute to such endeavors, and the new business opportunities available to the company. Actual results could differ materially from those projected if, among other reasons, the organization does not adjust well to the new management structure, or if any of the newly promoted or other senior personnel were to leave the company. In addition, the company's success in pursuing new business opportunities will depend upon continued and expanding market acceptance of the company's products, of which there can be no assurance, and upon competitive product offerings by others. |
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