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NAMES in the NEWS
Adobe Systems Incorporated announced Randy Furr has resigned his position as executive vice president and chief financial officer, effective November 7, 2006. He will remain an employee of the company through December 31, 2006, to assist with transition matters.
The company indicated Furr's resignation is unrelated to his work performed at Adobe and no issues have been raised regarding the integrity of the company's financial statements.
Bruce Chizen, chief executive officer of Adobe, has assumed the additional responsibilities of chief financial officer until a replacement for Furr is named. Adobe has begun a search for a new chief financial officer.
Quark Inc. announced November 1, 2006, that Raymond Schiavone, a veteran software company CEO and former GE executive, has joined the company as President and Chief Executive Officer. Acting President Linda Chase will remain with the company in her ongoing capacity as Senior Vice President of Enterprise Products. New CEO To Lead Expansion of Product Line, Strategic Alliances, and Company Operations.
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