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Cubic Corp. Elects Two New Corporate Officers; Focus to Include Acquisitions, Compliance with New Corporate Governance Requirements.


Business Editors

SAN DIEGO--(BUSINESS WIRE)--Nov. 10, 2003

The Cubic Corp. Board of Directors has elected two new corporate officers. Dan Jacobsen, former executive director of Cubic Transportation Systems Ltd., now serves as Cubic Corp.'s vice president, Audit, and Bill Hoese, who joined Cubic earlier this year as assistant general counsel, was appointed corporate secretary.

Dan Jacobsen Named Vice President, Audit

Dan Jacobsen joined Cubic in 1981. His most recent responsibilities have been as an assistant to the Cubic Corp. chief financial officer, working on acquisition opportunities. He has also served as financial director and then executive director of the U.K. subsidiary of Cubic Transportation Systems, and director of audit for Cubic Corp.

In addition to his existing merger and acquisition responsibilities, Jacobsen will oversee Cubic's corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
 functions. In that capacity, he will report directly to the audit committee of the board of directors, and will be responsible for monitoring Cubic's compliance with Sarbanes-Oxley legislation that imposes stricter internal accounting, control, audit and reporting requirements for public companies.

Bill Hoese, Assistant General Counsel, Named Corporate Secretary

Bill Hoese came to Cubic in 2003 with more than 36 years of varied business, negotiation, dispute resolution and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 experience in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Illinois Illinois, river, United States
Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway.
 and offshore jurisdictions. He previously served as senior vice president and general counsel for American Tool Companies Inc., and as a partner in the law firm of Luce, Forward, Hamilton Hamilton, city, Bermuda
Hamilton, city (1990 est. pop. 3,100), capital of Bermuda, on Bermuda Island. It is a port at the head of Great Sound, a huge lagoon and deepwater harbor protected by coral reefs.
 & Scripps SCRIPPS Cardiology A clinical trial–Scripps Coronary Radiation to Inhibit Proliferation Post Stenting .

Hoese's focus at Cubic includes U.S. and international business transactions, including acquisitions, management of intellectual property, and Securities and Exchange Commission (SEC) filings and compliance.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 10, 2003
Words:261
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