Thursday April 6, 1:30 pm Eastern Time
Company Press Release
SOURCE: WorldGate Communications, Inc.
WorldGate Appoints James Agnello Chief Financial
Officer
TREVOSE, Pa., April 6 /PRNewswire/ -- WorldGate Communications, Inc. (Nasdaq: WGAT - news) announced today the
appointment of James V. Agnello as the company's Chief Financial Officer. Agnello joins WorldGate following a highly successful
career at SmithKline Beecham Corporation, a Fortune 100 company, where he was Vice President and Controller of the
laboratory division, a corporate officer and a member of the division's executive management team. He will report to Hal
Krisbergh, Chairman and CEO of WorldGate.
Agnello has over 20 years of experience in all areas of financial management, and has a proven track record in directing the
finance organizations of companies ranging in size from $40 million to $1.5 billion in revenue. At SmithKline Beecham he helped
develop the long-range finance organization and systems strategy of the $13 billion parent company. He also was instrumental in
leading the integration planning of two finance organizations as part of a $1.5 billion merger of two laboratory companies.
``We are very pleased to add a person of Jim's caliber to our executive management team,' said Hal Krisbergh, Chairman and
CEO of WorldGate. ``In our first year as a public company, WorldGate continues to experience solid financial growth and I believe
we have a found a CFO who possesses the skills and experience necessary to continue to drive WorldGate successfully in that
direction.'
Agnello has been a CPA since 1979 and is a member of both state and federal professional societies, a former member of the
Controllers Committee and the author of an article on managed care published in the Pennsylvania State Society Journal. He is also
a member of the Foundation Board of St. Agnes Hospital and holds a graduate degree in accounting from The Wharton School,
University of Pennsylvania and an undergraduate degree in Business Administration from Rutgers, the State University of New
Jersey.
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