Changes to Sapient's Board of Directors: John W. Snow Departs, Dennis H. Chookaszian Joins; Snow Confirmed as Treasury Secretary, Chookaszian Elected to the Board.Business Editors/High-Tech Writers CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jan. 31, 2003 Sapient (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 : SAPE SAPE Sapient Corp (stock symbol) SAPE Substance Abuse Prevention Education SAPE Survivable Adaptive Planning Experiment SAPE Sexual Assault Prevention and Education ), a leading business and technology consultancy, today announced changes to its board of directors. Following President Bush's intent to nominate him as U.S. Treasury Secretary, John W. Snow had recently resigned from Sapient's board. Dennis H. Chookaszian, former chairman and chief executive officer of CNA (Certified NetWare Administrator) See Novell certification. Insurance Companies, has been elected to Sapient's board of directors. "We are disappointed to lose John as a Sapient board member, but we are proud of his appointment and wish him well in his new post," said Jerry A. Greenberg Jerry A. Greenberg is the Co-Founder and former Co-Chairman and Chief Executive Officer of Sapient (NASDAQ:SAPE), a business consulting and technology services firm headquartered at Cambridge, MA. He, along with J. Stuart Moore, founded Sapient in 1991. , co-chairman and co-chief executive officer of Sapient. "We are very pleased that Dennis is joining our board. His experience in corporate leadership and finance will help Sapient maintain the highest standards of corporate governance while continuing to strengthen our core capabilities in identifying, implementing, and supporting advanced-technology solutions that create near- and long-term business value for our clients." Chookaszian was chairman and chief executive officer of CNA Insurance Companies between 1992 and 1999, and previously held the positions of president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. (1990-1992) and chief financial officer for the company (1975-1990). Most recently, he served as chairman of the executive committee for CNA Financial Corporation and as chairman and chief executive officer of mPower, a financial advice provider focused on the management of 401(k) plans online. He received certification as a public accountant in 1971, and is a member of several professional organizations, including the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. and the Financial Accounting Standards Board Financial Accounting Standards Board (FASB) Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP). Financial Instruments Task Force. About Sapient Sapient, a leading business and technology consultancy, helps Global 2000 clients achieve measurable business results through the rapid application and support of advanced technology on a fixed-price basis. Founded in 1991, Sapient employs approximately 1,500 people in offices in Atlanta, Cambridge (Mass.), Chicago, Dallas, Dusseldorf, London, Los Angeles, Milan, Munich, New Delhi, New York, San Francisco, Toronto and Washington, D.C. More information about Sapient can be found at www.sapient.com. Sapient is a registered servicemark of Sapient Corporation. |
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