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Strategies & Market Trends : Drillbits & Bottlerockets

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To: arno who wrote (3358)2/12/2001 5:20:49 PM
From: arno  Read Replies (2) of 15481
 
Entrust says president, CEO Ryan resigns
(Reuters, 02/12/2001 16:45)

SANTA CLARA, Calif., Feb 12 (Reuters) - Security software developer Entrust Technologies Inc. (NASDAQ:ENTU) announced on Monday the resignation of John Ryan as the company's president and chief executive officer, effective immediately.

Entrust said Alberto Yepez, board member and president of Entrust New Ventures, and David Thompson, executive vice president and chief financial officer, will act as interim co-CEOs while the company conducts a search for a new president and CEO.

Ryan said in a statement that he is "ready for a new challenge" and the "the time is right for a change."

Copyright 2001, Reuters News Service
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