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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: zwolff who wrote (34821)11/13/2000 4:03:55 PM
From: George Papadopoulos  Read Replies (2) | Respond to of 42771
 
8 k filed today...

Schmidt promotes Nelson and Raney and have now formed an Executive Management Group to "manage varied business groups within the company"...

Oh Novell, the power to change<sad grin>

FWIW

10kwizard.com

Item 5. Other Events.

Novell, Inc has formed an Executive Management Group, headed by chairman and
chief executive officer Dr. Eric Schmidt, to oversee and coordinate management
and development of varied business groups within the company. In addition to
Schmidt, the new management group includes executive vice president and chief
operating officer, Stewart Nelson, and executive vice president and chief
financial officer, Dennis Raney.

In forming the new management group, Nelson and Raney have both been promoted
from senior to executive vice president. Both executives report to Schmidt.

Reporting relationships to Nelson and Raney are unchanged. Reporting to Nelson
are vice presidents and general managers for Novell's business groups. In
addition, executives in charge of worldwide sales and worldwide marketing report
to Nelson. Reporting to Raney are vice presidents responsible for finance,
information services, legal and operations functions that support the business
groups.