Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Critical Path Welcomes Two New Members to Its Board of Directors; Public Relations Powerhouse and High-tech Strategic Planner Round Out Critical Path's Board.


Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--August 2, 2001

Critical Path, Inc. (Nasdaq:CPTH), a global leader in messaging and directory infrastructure, announced today that Larry Weber and Jeffrey T. Webber will replace Kevin Harvey and George Zachary on its board of directors.

"Both Larry and Jeff contribute the management expertise and deep understanding of the technology industry needed to help drive the company's priorities of growth and profitability," said David Hayden, Critical Path's founder and executive chairman. "We will draw on their wealth of knowledge and experience as we take Critical Path's global business to its next level. This is also a natural time for our original venture investors to transition off the board."

Kevin Harvey of Benchmark Capital Benchmark Capital is a venture capital firm responsible for the early stage funding of some very successful startups, including eBay. In 1995, the firm invested $6.7 million in eBay, which became worth more than $5 billion by the spring of 1999 and resulted in one of Silicon  and George Zachary of Mohr Davidow, helped guide the company through its early developmental years. Critical Path thanks them for their early vision, their dedication to the company and for the hard work they both put in over the past six months to help the company through its recent crisis.

Larry Weber currently serves as the chairman and chief executive officer of Weber Shandwick Worldwide Weber Shandwick Worldwide is an international public relations firm which claims 60,000 employees in over 160 countries. It was formed by the merger of Weber Group, Shandwick International, and BSMG Worldwide in 2001. , the largest public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  firm in the world. In 1987, Weber founded The Weber Group, a technology focused public relations firm based in Cambridge, Mass. Under his leadership, the firm grew to become one of the largest and most established public relations firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Interpublic Group purchased The Weber Group in 1996, and Weber was subsequently named chairman 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 Interpublic's Advanced Marketing Services. Weber serves on several boards, including the Museum of Science in Boston, the Massachusetts Interactive Media Council and several technology start-ups including EchoMail, eMaven and Firepond. He holds a bachelor's degree from Denison University Denison University is a highly selective private liberal arts and sciences college in Granville, Ohio, approximately 30 miles (50 km) east of Columbus. Denison was founded in 1831. It has a current enrollment of about 2,000 students. , and a master's degree master's degree
n.
An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree.

Noun 1.
 from Antioch College Antioch College, at Yellow Springs, Ohio; coeducational; chartered 1852, opened 1853. Horace Mann, Antioch's first president, envisioned a program stressing the development not only of the intellect but of the whole personality, especially the individual's social  in Oxford, England.

Jeff Webber founded R.B. Webber & Company, and has served as its president since 1991. R.B. Webber & Co. provides strategic planning and consulting services to high technology companies in Silicon Valley. He is an entrepreneur and visionary in his own right, and has served on over 20 public boards throughout his career, including Sagent, Sybase, Commerce One, and AvantGo. He is currently focusing on working with companies where he believes the basic business model and technology, position the company for explosive growth in the aftermath of the technology market correction Market correction

A relatively short-term drop in stock market prices, generally viewed as bringing overpriced stocks back to a level closer to companies' actual values.
. Mr. Webber holds a BA degree in American Studies from Yale University.

About Critical Path

Critical Path Inc. (Nasdaq:CPTH) is a leading provider of communications solutions for Wireless carriers, Service Providers and Corporations through its integrated platform of messaging applications and directory infrastructure. Critical Path is headquartered in San Francisco, with offices throughout Europe, Asia and Latin America. More information on Critical Path can be found at http://www.cp.net./

This press release contains forward-looking statements regarding the Company and its expectations, which involve certain risks and uncertainties. Factors that could cause the Company's results to differ materially from its expectations include: failure to expand our sales and marketing activities; unplanned system interruptions and capacity constraints that could reduce our ability to provide messaging services and harm our business and our reputation; potential difficulties associated with strategic relationships; ability to respond to rapid technological change of the Internet messaging industry; competition; foreign currency fluctuations; failure to maintain or reduce operating expense Operating Expense

The essential things that a company must purchase in order to maintain business.

Notes:
For example, the payment of employees wages are an operating expense.

Also known as OPEX.
 levels; delays in customer orders; recognition of revenue from customers; problems related to managing the Company's expected growth, including the ability to maintain or improve upon cost efficiencies; and the failure to realize savings due to perceived synergies of acquired business. These and other risks and uncertainties are described in more detail in the company's Critical Path's 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.
 filed for the fiscal year ended December 31, 2000, as amended, and the Quarterly report on form 10-Q Form 10-Q

See 10-Q.
 for the quarter ended March 30, 2001, as amended, and any and all subsequent filings with the Securities and Exchange Commission ( www.sec.gov).

Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Aug 2, 2001
Words:684
Previous Article:Channell Announces Second Quarter Results.
Next Article:Gaylord Entertainment Announces Second Quarter Earnings as New CEO Sets Course for Focused Growth.
Topics:



Related Articles
Critical Path Announces Sales and Marketing Team; The Company Now has a Sales and Marketing Team in Place To Support the New Leadership.
Keller Rohrback L.L.P. Investigates Securities Fraud Claims on Behalf of Critical Path Shareholders.
Critical Path Names Stephen C. Richards to Board of Directors; Company Adds Significant Financial Strength to Board Leadership.
Critical Path Appoints Industry Veteran Laureen DeBuono to Succeed CFO, Larry Reinhold.
Critical Path Announces Continued Progress On Its Financial Restructuring Plan.
Critical Path Clarifies Forbes.com Story Reporting Sale of Company to Sun Microsystems.
Critical Path Announces Substantial Completion of Restructuring Plan.
Critical Path Announces Two New Members of Board of Directors; Global Investor William E. Ford and High-Tech Strategic CEO Raul J. Fernandez Added.
Critical Path Names Bernard Harguindeguy as Executive Vice President and Chief Marketing Officer.
Want to be an event planner? There are growing career opportunities in the meeting and event industry. Here's how to get in the door.

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