PalmSource Names Jeanne Seeley CFO

PalmSource today announced it has named Jeanne Seeley the Company's chief financial officer. Seeley reports to David Nagel, PalmSource's chief executive officer, and is responsible for finance, accounting and investor relations.

Seeley, 53, is the former CFO and senior vice president for Snap Appliances, a provider of network attached storage and solutions for the workgroup. While with Snap Appliances, she led the company's spin out from Quantum Corporation and subsequent IPO registration. Prior to Snap Appliances, Seeley was CFO and vice president of Quantum DSS, a storage and storage software company. At Quantum DSS, she was a key member of the team that developed the company's transformation strategy to a global storage solutions company. Seeley was also with Apple Computer for 16 years where she served as vice-president of finance, Corporate Controller and chief accounting officer. Seeley was responsible for global financial operations including: controllership, worldwide planning and forecasting, manufacturing, R&D, sales, marketing and distribution. Before serving as Corporate Controller, Seeley held a variety of financial management positions.

"Jeanne's extensive operational and international management experience in high tech environments make her an excellent addition to the PalmSource management team," said David Nagel, president and CEO of PalmSource. "Her thorough understanding of the critical strategic, tactical and compliance issues within all areas of business operations will help us scale our business as we expand beyond the handheld and smartphone markets into the feature phone market."

Seeley holds degrees in history and education from California State University, with graduate studies in education. She is a board member with the Foothill-DeAnza Community College District.

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Profits needed- Non GAAP number do not count

benamy @ 2/28/2005 3:24:30 PM # Q
Resume looks good but can she be the change element PSRC needs to show some real profits. Non-GAAP funny numbers do not mean anything to investors after the dot-bomb. And so far that is the closest thing PSRC has shown towards making a profit.

Remember guys, no bucks- no buck rogers, and I do not care how great the technology is without a sustainable profit PSRC does not have anything ahead but more of what it has shown since it has been independent- failure and disappointment.



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education?

hotpaw4 @ 3/2/2005 12:40:48 AM # Q
Interesting, a CFO without either an accounting degree or an MBA. How common is that?


RE: education?
Gekko @ 3/2/2005 9:16:27 AM # Q

nice observation. her lack of qualifications is representative of the entire company's incompetence. this biotch should be teaching history at some backwoods high school somewhere, Nagel should be teaching math at some city college, and Mace should be a beat reporter for some 4th tier newspaper in some God-forsaken town in the middle of nowhere. never deny the power of NEPOTISM and the PETER PRINCIPLE!!!!!

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More Apple inbreeding...

The_Voice_of_Reason @ 3/2/2005 12:49:24 AM # Q
"Seeley was also with Apple Computer for 16 years where she served as vice-president of finance, Corporate Controller and chief accounting officer."

It would be nice to see some new blood around Palm for a change. The CrApple inbreeding just isn't healthy.





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Nagel's New Biotch

Gekko @ 3/2/2005 9:06:25 AM # Q

Another incompetent hired.



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