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Monday, August 20, 2001 |
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Gap Inc. Senior Vice President and CIO, Ken Harris, Joins CyberSource(R)
MOUNTAIN VIEW, Calif., Aug. 20--
CyberSource Corporation (Nasdaq: CYBS), a leading provider of risk
management
and electronic payment solutions for enterprise businesses, and a pioneer in
Internet fraud detection, today announced that Ken Harris, senior
vice president and CIO of Gap Inc., has joined CyberSource`s
Board of Directors.
Ken Harris oversees Gap Inc.`s information technology team, which is
responsible for providing solutions and services to support Gap Inc.`s
distribution centers, sourcing offices, headquarters facilities, and over
3,900 stores worldwide, including the online stores.
"Ken Harris is a perfect fit for our board," said Bill McKiernan,
Chairman and CEO of CyberSource Corporation. "As CIO of Gap Inc., he has
extensive and intimate knowledge of the needs of the customer set
CyberSource
serves. Ken`s insights will help CyberSource continue to craft world-class
risk management and payment solutions for enterprise accounts."
"As a new member of CyberSource`s board, I welcome the opportunity to
assist in the Company`s strategic decisions by providing insight from my
first-hand experience managing the infrastructure of a large enterprise
business selling through multiple sales channels," said Ken Harris,
Senior Vice President and CIO of Gap Inc.
Harris joins board members Bill McKiernan of CyberSource, Stephen Novak
of
C.E. Unterberg, Towbin, Richard Scudellari of Morrison & Foerster LLP,
Jack McDonnell, Jr., of Transaction Network Services, Inc., and
Kenneth Thornton, formerly of IBM.
About CyberSource
CyberSource Corporation is a leading provider of risk management and
electronic payment solutions for enterprise businesses selling via multiple
sales channels. CyberSource solutions manage transaction risk and enable
electronic payment processing for Web, call center/IVR, and POS
environments.
CyberSource professional services designs, integrates and optimizes
enterprise-wide commerce transaction systems. Over 3,000 businesses use
CyberSource solutions, including over half of the Dow Jones Industrial
companies. The company is headquartered in Mountain View, California, and
has
sales and service facilities in Japan, the United Kingdom, and other
locations
in the United States. For more information, please visit CyberSource`s web
site at http://www.cybersource.com or email info@cybersource.com.
NOTE: CyberSource is a registered trademark in the U.S. and other
countries. All other brands and product names are trademarks or registered
trademarks of their respective companies.
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