Documentum Appoints Mark Garrett as VP And CFO; Former Cadence executive to direct finances of fast-growing document management leader.PLEASANTON, Calif.--(BUSINESS WIRE)--Jan. 7, 1997--Documentum, Inc. (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 : DCTM), the recognized leader in enterprise document management solutions for client/server and Web environments, today announced the appointment of Mark Garrett, 39, as vice president and chief financial officer, reporting to president and chief executive officer Jeffrey A. Miller. In his new role at Documentum, Garrett's responsibilities encompass all financial and administrative duties including finance, operations, MIS, legal and investor relations Investor relations The process by which the corporation communicates with its investors. . "With 17 years of senior leadership experience in high technology, finance, and systems management, Mark is well prepared to guide Documentum in its aggressive strategy for market growth," said Miller, president 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. . "He has demonstrated superb skills in increasing efficiency, operating margins and profitability across a broad range of business models. We're excited to have him as part of the team." Prior to joining Documentum, Garrett was vice president of worldwide corporate financial planning Corporate financial planning Financial planning conducted by a firm that encompasses preparation of both long-and short-term financial plans. and analysis at Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. . In previous assignments at Cadence, Garrett was the senior financial executive in charge of the launch and success of the Spectrum Services Division. He also directed the Technology Development Finance Group, and played a key role in several of the company's most recent acquisitions. Before working at Cadence, Garrett joined IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) in 1979 and held positions that culminated with his appointment as site finance and accounting director for IBM's Storage Systems Product Division. About Documentum Documentum (http://www.documentum.com) develops, markets and supports a family of enterprise document management products that improve the effectiveness of the organization based on a company's business-critical information and proven processes. Headquartered in Pleasanton, Documentum sells its products and services through a direct sales force, systems integrators, and affiliated distributors in the U.S., Canada, Europe, Australia, and Japan. Documentum is the recognized leader in the document management market, with worldwide customers in the pharmaceutical, process manufacturing The manufacturing industry that uses process control systems. See process control. , computers/electronics, and finance industries. -0- Note to Editors: Documentum is a trademark of Documentum, Inc. and may be registered in certain jurisdictions. All other company and product names are used for identification purposes only and may be trademarks of their respective owners. CONTACT: Documentum, Inc. Sharon McNeill, 510/463-6800 (Marketing Communications) smcneill@documentum.com or Niehaus Ryan Group Carla Schlemminger, 415/827-7023 (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 ) carla@nrgpr.com |
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