Chuck Bay Joins Pure Software as Chief Financial Officer.SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 21, 1995--Pure Software Inc. today announced the appointment of Chuck Bay as vice president of finance, chief financial officer and general counsel. Bay will be responsible for managing all U.S. and international corporate financial, legal and administrative operations for Pure Software. "Bringing Chuck on board signifies a new phase for Pure Software," said Reed Hastings Reed Hastings (Wilmot Reed Hastings, Jr.) was the founder of Pure Software and the founder of Netflix. He is currently Netflix's chief executive officer, president and chairman of the board, and serves on the Board of Directors for Microsoft Corp. , president and chief executive officer of Pure Software. "As we continue to grow, introduce new products and open new offices, Chuck's financial, legal and business experience, as well as his understanding of the software industry, will be invaluable to us." Before joining Pure Software, Bay was 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. at Software Alliance Corp., a $36 million software development and integration company. Over the past six years, Bay has held a variety of senior-level operations positions at Spatial Technology Inc. and NeXT Computer Inc. Bay's background also includes senior positions at Baker & McKenzie and KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Peat Marwick, where he advised high-technology clients on technology licenses, joint ventures, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and acquisitions, audit and tax issues, and initial public offerings. "With the market's increasing emphasis on software quality, Pure Software is poised for high-growth and success," said Bay. "I look forward to leveraging my operational experience at Pure Software and being part of the management team here." Bay received his doctorate in law from the University of Illinois College of Law The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. and a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in business administration from Illinois State University ISU is recognized in the prestigious US News rankings as a "National University", that is, a university which grants a variety of doctoral degrees and strongly emphasizes research. . Pure Software Inc. develops and sells a portfolio of software development tools that help companies create higher-quality software -- improving functionality, reliability and performance. Purify detects and identifies run-time errors; Quantify prevents performance bottlenecks from being introduced; PureLink reduces build time and diagnoses build-time errors; and PureCoverage prevents untested code from being shipped. Pure Software's customers are software developers in corporations, government agencies and educational institutions. Pure Software was funded by venture capitalists Merrill, Pickard, Anderson and Eyre and Mayfield Fund Mayfield Fund is a venture capital firm located on Sand Hill Road in Menlo Park, California, home to many of Silicon Valley's leading venture capital firms. Mayfield was founded in 1969 by Tommy Davis, one of the first venture capitalists. , and is based in Sunnyvale. -0- Note to Editors: Pure Software, Purify, Quantify, and PureLink are registered trademarks of Pure Software Inc. PureCoverage and the Pure Software logo are trademarks of Pure Software Inc. CONTACT: Pure Software Inc., Sunnyvale Toni Giusti, 408/524-3651 or e-mail: tgiusti@pure.com Cunningham Communication Inc. Allyson Ebel, 408/764-0760 or e-mail: allyson@ccipr.com |
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