Netegrity Forms Interim Committee To Oversee Financial Operations For The Company
Press Releases:
Barry Bycoff, Chairman, CEO and President of Netegrity to Lead Group of Senior Executives
Waltham, MA - 09/18/2001
Netegrity, Inc., (Nasdaq: NETE), the leading provider of solutions for securely managing e-business, today announced that the company has created a special interim committee to manage the organization’s financial operations following the tragic loss of James Hayden, CFO, in the United Airlines Flight 175 crash. The committee, which will be headed by Barry Bycoff, also includes the company’s controller and Vice President of Finance, General Counsel, and an external board member. During this period, Investor Relations will report to Bill Bartow, Vice President of Marketing.
As part of this announcement, the company plans on hiring an interim CFO who will be involved with financial activities beginning in the fourth quarter, while it searches for a full time permanent CFO. Candidates have already been identified for the interim CFO position.
About Netegrity, Inc.
Netegrity is a global e-business infrastructure company that provides solutions for securely managing and personalizing business-to-business, business-to-consumer, and Intranet portals. Companies worldwide depend on Netegrity’s products, services, and partners to bring their businesses to the Web. Netegrity’s SiteMinder platform provides companies with a proven, scalable, and reliable platform for centrally securing and managing e-commerce portals and their affiliates. Netegrity also maintains an extensive worldwide network of partners, distributors, and resellers. Headquartered in Waltham, Mass., Netegrity also has offices throughout Europe and Asia, with European headquarters based in the UK. Netegrity is a public company traded on the Nasdaq in the United States under the symbol NETE. More information can be found at www.netegrity.com.
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