Joe,
Here's how Marengi feels about Steve Markmen...
Novell Creates New Cross-Functional Management Team
OREM, Utah - September 19, 1996 - Novell, Inc. (NASDAQ:NOVL) today announced it has made changes to flatten its management structure and create a cross-functional management team. Joe Marengi, who was named president of Novell August 29, 1996, has designated his direct reports and a small group of key managers to work together as the lead management team at the company.
"Removing layers of management creates a fully-integrated team with the customer at its center," said Marengi. "In today's market environment we must act at Internet speed, inside, as well as outside our company."
Directly reporting to Marengi are Mary M. Burnside, executive vice president corporate services, Glenn Ricart, executive vice president and chief technology officer, James R. Tolonen, executive vice president and chief financial officer. Senior vice presidents responsible for legal, human resources, marketing, sales and engineering management also report to Marengi.
In addition to executives reporting to Marengi, his core management team also includes the senior vice presidents responsible for education, customer support and information systems. They continue to report to executive vice presidents in the organization.
In a related announcement, executive vice president and general manager of Novell Products Group, Steve Markman, has resigned from Novell. Markman, who joined the company in the fall of 1994, assumed product group responsibilities in January 1996. He is leaving to join General Magic Corporation.
(more)Novell Announces Management Change 2-2-2
Founded in 1983, Novell (NASDAQ: NOVL) is the world's leading provider of network software. The company offers a wide range of network solutions for distributed network, Internet, intranet and small-business markets. Novell education and technical support programs are the most comprehensive in the network computing industry. Information about Novell's complete range of products and services can be accessed on the World Wide Web at novell.com.
###
Novell Contacts:
Press:
Jonathan Cohen
Senior Manager Public Relations
408-577-7268
Internet: jcohen@novell.com
Megan O'Reilly -Lewis
Cunningham Communications
408-764-0783
internet: megan@ccipr.com
Financial Analysts:
Peter Troop
Senior Director Investor Relations
408-577-8361
Internet: peter_troop@novell.com |
