Printer Friendly
The Free Library
19,585,879 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Business Objects Appoints Carl Pascarella to Board of Directors.


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. & PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 -- 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 Visa U.S.A. Brings Extensive Experience Growing and Managing World-Class Organizations to Business Objects Board of Directors

Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ) (Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange.  ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C.  code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced the appointment of Carl Pascarella to the Business Objects Board of Directors. Pascarella, president and CEO of Visa U.S.A., joins eight other board members and the Business Objects senior management team in overseeing the company's product, business, and operational strategies for extending its number one position in the business intelligence market. Pascarella will play a key role in helping shape the future of Business Objects as it reaches beyond the $1 billion revenue level.

Pascarella was named president and CEO of Visa U.S.A. in August, 1993. Prior to assuming his current position, he was president of Visa International's Asia-Pacific Region and director of the Asia-Pacific Regional Board for 11 years. Under Pascarella's leadership, the Visa brand grew in Asia from fourth position to become the market leader. Prior to joining Visa International, Pascarella was vice president of the International Division at Crocker National Bank Crocker National Bank was a United States bank headquartered in San Francisco, California. It was acquired by and merged into Wells Fargo Bank in 1986. History
The bank traces its history to the Woolworth National Bank in San Francisco.
, and vice president of Metropolitan Banking at Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998.

It was originally set up when banks could not perform trust company services.
 Company. Pascarella's experience also included over five years of commercial and corporate banking, credit review and policy, and serving as the head of the California International Banking and Trade Finance Organization for Crocker National Bank.

"As Business Objects continues to expand and strengthen its leadership position in the business intelligence market, we want to mirror this strength in the quality and experience level of our board of directors," said Bernard Liautaud, president and chief executive officer of Business Objects. "We have focused on building a great board of directors that bring new, diverse viewpoints and experiences to the company. Carl's financial services background and strong management experience will be an excellent complement to the talents of the current board members. We look forward to his contributions and guidance as Business Objects grows as a leading software company in the years to come."

"As a top executive at a large multinational corporation multinational corporation, business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th cent. , I know first hand the importance of having the best information at my fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States.  to make critical business decisions," said Pascarella. "Business Objects plays an important role in helping its customers optimize their performance by using information as a competitive advantage. I look forward to leveraging my extensive background to help Business Objects define its future role in the ever-changing business intelligence industry and overall software market."

Pascarella received a Masters of Science (MS) in Management from the Stanford Sloan Program at the Graduate School of Business at Stanford University. He received his undergraduate degree from the University of Buffalo.

About Business Objects

Business Objects is the world's leading business intelligence (BI) software company. With more than 30,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects(TM) XI, offers the BI industry's most advanced and complete platform for reporting, query and analysis, performance management, and data integration. BusinessObjects XI includes Crystal Reports(R), the industry standard for enterprise reporting. Business Objects has also built the industry's strongest and most diverse partner community, with more than 3,000 partners worldwide. In addition, the company offers consulting and education services to help customers effectively deploy their business intelligence projects.

Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.

This document contains forward-looking statements that involve risks and uncertainties concerning the company, including the company's expected financial performance. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, the company's ability to attract and retain customer support for new and existing products, to generate new sources of revenues and strengthen its leadership position in the business intelligence market. More information about potential factors that could affect Business Objects' business and financial results is included in Business Objects' Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended December 31, 2003 and Quarterly Report on Form 10-Q Form 10-Q

See 10-Q.
 for the quarterly period ended September 30, 2004, which are on file with the Securities and Exchange Commission (the "SEC") and available at the SEC's website at www.sec.gov. Business Objects is not obligated ob·li·gate  
tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates
1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force.

2. To cause to be grateful or indebted; oblige.
 to undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date of this document.

Business Objects, the Business Objects logo, BusinessObjects, WebIntelligence, Crystal Reports, Crystal Enterprise, Crystal Analysis, RapidMarts, and BusinessQuery are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies Affiliated Companies

A situation that occurs when one company owns a minority interest (less than 50%) in another company.

Also refers to companies that are related to each other in some way.

Notes:
An affiliated company is sometimes referred to as a subsidiary.
 in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:4EUFR
Date:Mar 14, 2005
Words:842
Previous Article:Priceline.com Chosen as Accor Hotels' Preferred Opaque Distribution Partner in Europe.
Next Article:NanoSignal Corporation Announces a Signed Agreement with Credit Union for 2.5 Million Dollar Revolving Line of Credit to Fund Development of Its...
Topics:



Related Articles
FORMER CALARTS DIRECTOR TO BE HONORED.
VISA CHANGES DEBIT CARD POLICY.
NEW VISA CARD TO OFFER DISNEY PERKS.
BRIEFCASE WEST COAST OPENS WILSHIRE OFFICES.
Carl Fischer announces new appointments.
LMDC gets new members.
DRIVER CHARGED IN THREAT ON ROAD GUN DISPLAYED, AUTHORITIES SAY.

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