Phil Livingston on Approva Board

By siliconindia   |   Tuesday, 11 March 2003, 20:30 IST
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VIRGINIA: Approva Corporation, a leader in continuous monitoring and auditing of sensitive business transactions within enterprise applications, today announced the appointment of Philip B. Livingston to its Board of Directors. Complementing the company's expanded business development initiativesLivingston will provide critical expertise to help the company achieve its sales and professional services goals. Philip B. Livingston was named president and CEO of Financial Executives International (FEI) in January 1999. FEI is the preeminent membership association for senior financial executives. Serving 15,000 members, the association is a proactive advocate to regulators and legislators on behalf of the interests of corporate financial executives. Prior to joining FEI, Livingston served as Senior Vice President and CFO of Catalina Marketing Corporation (NYSE:POS), a $400 million supplier of electronic marketing services for the consumer packaged goods industry. Before joining Catalina, Livingston served three years as vice president and CFO of Celestial Seasonings, where he successfully managed the company's initial public offering and debt refinancing in 1993. "Approva offers an unparalleled enterprise software solution and is poised to achieve tremendous success," said Livingston. "As part of the team, I look forward to helping the company build on its vision and customer excitement to become a dominant force in the marketplace." "Phil brings a strong track record of thought leadership, strategic planning and business management to this board position," said Prashanth Viswanath Boccasam, Founder and CEO of Approva. "As an experienced CFO, he understands the industry and people we serve and will become a valuable asset in our company's growth."