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Technology Stocks : Compaq

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To: JDN who wrote (78810)2/28/2000 11:23:00 AM
From: Dorine Essey  Read Replies (1) of 97611
 
Compaq names Kodak's Jesse Greene as CFO

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HOUSTON, Feb 28 (Reuters) - Compaq Computer Corp. CPQ.N
on Monday named Eastman Kodak Co. EK.N financial executive
Jesse Greene as chief financial officer, capping a year-long
changing of the guard at the world's largest personal computer
maker.
Greene, a 29-year technology industry veteran, currently
serves as Kodak's director of business strategy and information
technology and had previously served as the photography giant's
acting chief financial officer and treasurer.
Greene will take his new position in early April, a Compaq
spokesman said.
Prior to joining Kodak six years ago, Grenne spent 23 years
at rival International Business Machines Corp. IBM.N, where
he served as assistant treasurer, and in various other
finance-related roles within IBM's customer financing unit.
Greene, who is well known on Wall Street, fills out the top
management team under President and Chief Executive Michael
Capellas, who joined Compaq in July after a management
house-cleaning that came in response to a string of financial
disappointments and a resulting stock price drop.
"This is a tremendous opportunity and my experience and
skills are well-matched to be Compaq's chief financial
officer," Greene said in a statement announcing his
appointment. "While we have hard work ahead of us, I am excited
by the challenge to accelerate the growth and success of
Compaq," he said.

REUTERS
Rtr 10:35 02-28-00

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