Descartes Expands Senior Management Team With Seasoned Financial Professional.Business Editors WATERLOO, Ontario--(BUSINESS WIRE)--Jan. 31, 2000 (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 :DSGX DSGX Dynamic Sound Generator Xtra (Sony) DSGX Dynamic Sound Generator Extra ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DSG DSG Direct Shift Gearbox (Audi) DSG Dosage DSG Deputy Secretary General DSG Dressing DSG Designate DSG Desmoglein DSG Duke Student Government (Duke University) .) Colley Clarke Joins Descartes as Executive Vice President &Chief Financial Officer The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG), a leading provider of business-to-business e-commerce fulfillment solutions -- is pleased to announce that Colley Clarke joins Descartes effective January 31 as Executive Vice President &Chief Financial Officer, with global responsibility for financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against management and public reporting. Prior to joining Descartes, Colley served as Senior Vice President &Chief Financial Officer of BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Media Inc., a $400 million subsidiary of BCE, Inc. &uot;We are very pleased to have Colley join our management team,&uot; said Peter Schwartz, 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. at Descartes. &uot;His experience in growing emerging technology companies together with his strategic planning and capital markets experience will be invaluable to Descartes going forward.&uot; &uot;I am excited to be working with Descartes' high-caliber management team in the explosive marketplace of business-to-business e-commerce,&uot; said Colley Clarke. &uot;Descartes is a leader in the highly dynamic e-fulfillment marketplace, and I look forward to furthering the company's successes.&uot; Colley brings to Descartes over twenty years experience in strategic and financial leadership with several publicly-traded and privately-held companies where he was responsible for providing financial direction, focus and leadership. Ron Duncombe remains an integral member of the Descartes management team and will be assuming the role of Senior Vice President, Finance and Treasurer, leading Descartes' global financial reporting organization. About Descartes Descartes develops e-business solutions for customer fulfillment networks. Descartes' industry-specific, prepackaged pre·pack·age tr.v. pre·pack·aged, pre·pack·ag·ing, pre·pack·ag·es To wrap or package (a product) before marketing. Adj. 1. solution portfolios and its componentized applications enable companies to create high-performance customer fulfillment networks called DeliveryNet. These solutions empower organizations to deliver reliable, responsive customer service in a profitable manner and to create innovative new products and services. Descartes products are used today by more than 850 companies in 35 vertical industries and 50 countries worldwide. For more information about Descartes, visit http://www.descartes.com All registered and unregistered trademarks mentioned in this release are the property of their respective owners. |
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