Vantive Promotes Industry Veteran John M. Jack to Chief Operating Officer.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Feb. 3, 1997--The Vantive Corp. (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 :VNTV VNTV Vantive Corporation (former stock symbol; now delisted) ), the leading provider of customer asset management software, today announced that John M. Jack, 41, has been promoted to the position of chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. (COO (Cell Of Origin) See mobile positioning. ) from vice president of worldwide sales. Since 1995, Jack has been responsible for Vantive sales in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and the Far East, as well as channel and business partnership development. During his tenure, Jack tripled the Vantive sales force and increased Vantive's worldwide presence by opening several new offices including France, Germany, Holland and Australia. As COO, Jack will lead Vantive's Worldwide Operations Group, overseeing sales, consulting, field marketing and technical support. "John Jack's expertise and management savvy has helped propel pro·pel tr.v. pro·pelled, pro·pel·ling, pro·pels To cause to move forward or onward. See Synonyms at push. [Middle English propellen, from Latin Vantive from revenues of $25 million in 1995 to $64.3 million in 1996," said John Luongo, 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. of The Vantive Corporation. "Jack has been enormously successful as vice president of worldwide sales and he will be an outstanding COO." "With the creation of the Worldwide Operations Group, Vantive will have a more unified perspective of all customer related activities -- sales, marketing, consulting and technical support," remarked Jack. "This enables Vantive to ensure that we continue to manage our most valuable asset -- our customers -- with service and support that is unparalleled in the industry." About John M. Jack Prior to joining Vantive, Jack served as a Sales Vice President for Sybase Inc. Responsible for managing more than 125 people, Jack helped to triple sales to more than $125 million, in a three-year period. He was integral in creating and implementing a number of programs that were adopted in North America and worldwide, including sales and marketing initiatives, group selling programs and a partner advocacy program. In addition, Jack held the position of Channels Director and implemented telesales telesales Noun the selling of a commodity or service by telephone telesales npl → televentas fpl telesales npl → programs and an alternative channels program. Prior to Sybase, Jack held various management and sales positions with Martin Marieta Data Systems and other application software companies. Jack holds a B.A. in business administration with an emphasis on finance from U.C. Berkeley. About The Vantive Corporation The Vantive Corporation (NASDAQ:VNTV) is the market-leading provider of Customer Asset Management software. The company delivers award-winning products and services that allow companies to attract, acquire, retain and leverage customers by automating sales, marketing, customer support, defect tracking In engineering, defect tracking is the process of finding defects in a product, (by inspection, testing, or recording feedback from customers), and making new versions of the product that fix the defects. , field service and internal help desk functions. Vantive Enterprise is the company's integrated, best-of-breed suite of applications that delivers the scalability, rich functionality, flexibility, security and rapid implementation required by today's competitive market. Vantive applications are used by more than 300 world-class, customer-centric companies across all industries to achieve total customer service. Vantive can be reached by calling 800/582-6848 or on the World Wide Web at http://www.vantive.com . -0- Note to Editors: Vantive, Vantive Enterprise, Vantive Sales, Vantive Support, Vantive Quality, Vantive FieldService, Vantive HelpDesk, and VanWeb are trademarks of The Vantive Corporation. CONTACT: The Vantive Corporation Christopher Lochhead, 415/982-5700 or The Horn Group Kathleen Flaherty, 415/579-6455 kflaherty@horngroup.com |
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