Computer Associates Names Ira Zar Chief Financial Officer; Pete Schwartz To Retire After 11 Years in Post.ISLANDIA, N.Y.--(BUSINESS WIRE)--June 22, 1998--Computer Associates International, Inc. (NYSE NYSE See: New York Stock Exchange :CA) today announced that its Board of Directors has named Ira Zar, a 16-year employee, as Senior Vice President and Chief Financial Officer. Zar, 37, who has spent his entire business career with CA, most recently served as the Company's Treasurer. He succeeds Peter Schwartz, 54, who is retiring after 11 years as the company's CFO See Chief Financial Officer. . Schwartz will remain with CA in an advisory capacity for an indefinite INDEFINITE. That which is undefined; uncertain. INDEFINITE, NUMBER. A number which may be increased or diminished at pleasure. 2. When a corporation is composed of an indefinite number of persons, any number of them consisting of a majority of those period. "Pete has made a major contribution to the success of CA, and we will miss him greatly," said CA President and COO (Cell Of Origin) See mobile positioning. Sanjay Kumar For the Indian soldier, see . Sanjay Kumar (born Colombo, Sri Lanka, 1962) was the Chairman & CEO of Computer Associates International (now CA, Inc.), until April 2004. He emigrated with his family to the US in 1976 to escape civil unrest in his native Sri Lanka. . "At the same time, we're delighted that Ira will lead the management team in finance to take CA into the next millennium." Computer Associates International, Inc. (NYSE: CA), with headquarters in Islandia, NY, is the world leader in mission-critical business software. The company develops, licenses and supports more than 500 integrated products that include enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. and information management, application development, manufacturing and financial applications. CA has over 11,000 people in 160 offices in 43 countries and had revenue of $4.7 billion in fiscal year 1998. CA can be reached by visiting http://www.cai.com on the World Wide Web, emailing info@cai.com or calling 1-516-342-5224.
CONTACT: Computer Associates International, Inc., Islandia
Doug Robinson, investor relations, (516) 342-2745
dougr@cai.com
or
Bob Gordon, public relations
(516) 342-2391
bobg@cai.com
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