Electronic commerce pioneer Open Market continues to increase senior management team; Announces new heads of merchant services, financial services and software products.CAMBRIDGE, Mass.--(BUSINESS WIRE)--March 30, 1995--Open Market Inc., a company that develops and markets software, services and industry-specific solutions to facilitate electronic commerce on the Internet and the World Wide Web, today announced the appointments of Daniel Slavin, Jonathan Guerster and Pierre Bouchard Pierre Emile Bouchard (born February 20, 1948 in Longueuil, Quebec) is a retired former professional ice hockey player who won five Stanley Cups with the Montreal Canadiens in the 1970s. He also played for the Washington Capitals over the course of a 12-year NHL career. to the positions of vice president/general manager of merchant services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or , director of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and director of software products, respectively. The Open Market team is expanding exponentially as it accommodates the demands of the flourishing on-line commerce market. Founded in 1994, Open Market is the leader in this explosive market, estimated by Input Inc. (Mountain View, Calif.) to grow form $60 billion in 1994 to $250 billion by 1999. "The marketing and technical skills and extensive experience of these men will be tremendously valuable to Open Market," said Shikhar Ghosh, Open Market 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. and president. "Their talents complement that of our management team and will help shape Open Market's future in expanding opportunities for electronic commerce." As vice president, general manager of merchant services, Slavin is responsible for the "Open Marketplace," Open Market's all hosting services for small- to medium-sized businesses which offers a complete on-line transaction environment and serves as the interface between merchants and buyers on the Internet. Slavin comes to Open Market from Software Emancipation Technology, where he served as vice president of marketing for this $3 million venture-backed producer of Unix C/C C/C Center to Center C/C Combustion Chamber C/C Command/Control C/C Crew Chief C/C cabin cruiser (US DoD) C/C chief complaint (medical) C/C Channel-to-Channel C/C Communication and Collaboration + software development tools. Previously, he was founder and president of International Testing Services, a company that developed and marketed TapDance, software for testing/training secretarial job applicants. Slavin earned an M.B.A. from Harvard and a B.S. in electrical engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was , and lives in Belmont, Mass. Guerster is head of Open Market's vertical financial services business. He will oversee the marketing, sales and development of financial services solutions for Open Market's customers in banking, securities and insurance. Prior to joining Open Market, Guerster served as World Wide Financial Services marketing manager for Hewlett Packard's Workstation Business Group. With HP, Guerster developed workstation products and programs for the financial services industry, growing this business to $85 million. Guerster earned a master's in management from Northwestern's Kellogg School of Management
Bouchard serves Open Market as director of software products. These products, such as the Open Market WebServer, Secure WebServer and Commerce Connection, are designed to address the most extreme demands of broad-scale enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. and electronic commerce in a standards-based environment. Bouchard will coordinate the development and implementation of the software products business unit. Before joining Open Market, Bouchard was the director of marketing at Siemens Nixdorf Information Systems, where he was responsible for all aspects of marketing. Prior to Siemens Nixdorf, he was product marketing manager at Hewlett Packard Co. and product line manager for Apollo Computer Inc. Bouchard received a B.A. in biology from Saint Anselm College The Princeton Review has described Saint Anselm College as one of the top "Colleges with a Conscience", as well as one of the 224 Best Northeastern Colleges. History The first bishop of Manchester, Bishop Denis M. Bradley, invited the Benedictine monks of St. , and lives in Hollis, N.H. About Open Market Founded in 1994, Open Market Inc. (OMI (1) See Open Market. (2) (Open Microprocessor Initiative, Brussels, Belgium) An organization that functions under the umbrella of the European Commission. It funds projects that research and develop advanced microcontroller technologies. ), Cambridge, Mass., develops and markets software, services and industry-specific solutions to facilitate electronic commerce on the Internet and the World Wide Web. The company is the only vendor offering a complete electronic infrastructure for establishing and managing a business on the Internet, ranging from on-line store creation for small companies to custom business solutions for large businesses. Open Market can be reached on the World Wide Web at: http://www.openmarket.com CONTACT: Schwartz Communications, Wellesley, Mass. Jennifer Bresnahan, 617/431-0770 jbresnahan@mcimail.com |
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