''Michael has exactly the combination of experience and industry knowledge that makes him a good fit for Ascend,'' said
Ejabat. ''He has worked both with rapidly growing, entrepreneurial companies and with very large companies. Michael will
be able to implement the systems, processes, and financial planning tools that Ascend needs as we reach a new stage in our
development.''
Ashby has over 20 years of financial management experience. Two years ago, he became CFO of the Pacific Telesis
Enterprise Group. When Pacific Telesis, a holding company which owned Pacific Bell, was acquired by SBC, he became
vice president and CFO of Pacific Bell and its subsidiaries. Previously, Ashby spent three years at Network Systems
Corporation, initially as CFO and subsequently as president and CEO. Ashby's background also includes senior financial
management positions with Adidas and General Electric Company in both Europe and the U.S.
''I'm very excited by this opportunity,'' said Ashby. ''Ascend is a great company that with the addition of Cascade, faces
both new opportunities and challenges. I am delighted to be a part of the team that intends to make Ascend as successful in
the future as it has been in the past.''
This from the company release. I think his qualifications are quite timely?
Contact:
Gallagher PR
Shannon Malliet, 510/747-2254
smalliet@ascend.com |
