Selectica announces addition to Board of Directors

By siliconindia staff writer   |   Monday, 20 October 2003, 19:30 IST   |    2 Comments
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SAN JOSE: Selectica, Inc. (Nasdaq: SLTC - News), a leading provider of Interactive Selling Systems (ISS) for e-Business, has announced the addition of James R. (Jamie) Arnold, Jr. to its Board of Directors. Arnold will serve as chairman and financial expert of Selectica's audit committee. The addition of Arnold as an independent director brings the total number of Selectica directors to six. Arnold currently serves as Corporate Controller of Cadence Design Systems, the leading provider of electronic design technologies, methodology services and design services that had $1.3 billion in revenue in 2002. Prior to joining Cadence Design Systems, Arnold held a number of senior finance positions, including Chief Financial Officer, at Informix Corp. -- now known as Ascential Software Corporation -- a publicly traded software database company. From 1995 to 1997, Arnold served as Corporate Controller for Centura Software Corporation, a publicly traded software company. Arnold worked in public accounting at Price Waterhouse LLP from 1983 to 1995, where he provided consulting and auditing services to companies in a broad array of industries including software, semiconductors, oil exploration & production, and banking. Arnold is a Certified Public Accountant with a bachelor's degree in finance from Delta State University in Cleveland, Mississippi and an MBA from Loyola University in New Orleans, Louisiana. "The addition of Jamie Arnold to our Board of Directors will greatly benefit the Company," said Stephen Bennion, EVP and Interim CEO. "Jamie brings vast expertise in financial reporting processes and internal controls and has a deep understanding of the accounting policies unique to the software industry. He also has many years of business experience in the software industry which will be of great value as we continue to build Selectica in the future."