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 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.
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 http://www.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
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