BMC Software Announces Resignation of CFO George Harrington
August 29 2005 - 9:30AM
PR Newswire (US)
Stephen Solcher, Company Vice President of Finance and Treasurer
Named Interim CFO HOUSTON, Aug. 29 /PRNewswire-FirstCall/ -- BMC
Software, Inc. (NYSE:BMC), today announced the resignation of chief
financial officer, George Harrington. Stephen B. Solcher, BMC's
vice president of finance and treasurer has been appointed as
interim CFO, effective immediately. Mr. Solcher will report
directly to Bob Beauchamp, president and CEO of BMC Software, Inc.
"Steve has been a driving force in the transformation of BMC
through his leadership in finance, accounting and our ongoing
acquisition activities," said Bob Beauchamp. "Moving forward with
Steve as interim CFO, we are assigning a proven veteran performer
to this key position while we complete our search." Mr. Solcher
will serve as interim CFO while the in-progress search for a new
CFO continues. Mr. Solcher is BMC Software's treasurer and has held
that position since 1992. In addition to his duties as treasurer,
he has been responsible for accounting, tax, investor relations,
mergers and acquisitions, and other key corporate initiatives for
BMC Software. Mr. Solcher has a public accounting background and is
a certified public accountant. "I want to thank George for his
service to BMC," said Bob Beauchamp. "Under his leadership we
successfully completed our year-end financial audit, strengthened
our balance sheet, and significantly improved our cost structure.
George and I agreed that with these important milestones behind us,
and with our recently posted positive quarterly results, the timing
of his departure was optimal for him and for BMC." Mr. Harrington's
departure was based upon mutual agreement. Mr. Harrington will stay
on at BMC Software for an interim period to assist in transition
activities. About BMC Software BMC Software, Inc. (NYSE:BMC) is a
leading provider of enterprise management solutions that empower
companies to manage their IT infrastructure from a business
perspective. Delivering Business Service Management, BMC Software
solutions span enterprise systems, applications, databases and
service management. Founded in 1980, BMC Software has offices
worldwide and fiscal 2005 revenues of more than $1.46 billion. For
more information about BMC Software, visit http://www.bmc.com/ .
BMC Software, the BMC Software logos, and all other BMC Software
product or service names are registered trademarks or trademarks of
BMC Software, Inc.
http://www.newscom.com/cgi-bin/prnh/20011003/BMCLOGO DATASOURCE:
BMC Software, Inc. CONTACT: Investor and Media Relations: Andy
Foster of BMC Software, Inc., +1-713-918-2441, Web site:
http://www.bmc.com/
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