Ariba Names Harriet Edelman to Board of Directors
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Former Avon Products CIO to Help Advance Company's Technology
Vision, Strategy and Leadership Position
SUNNYVALE, Calif.--(Business Wire)--
Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions
provider, today announced the appointment of Harriet Edelman to its
board of directors.
"Having a strong board of directors with a diverse range of
experience has always been a priority for Ariba," said Bob Calderoni,
Chairman and CEO, Ariba. "Harriet has a keen understanding of
technology strategy, marketing and supply chain management which will
prove invaluable as we continue to expand our business globally to
meet our long-term growth objectives."
During a career that spanned more than 25 years at Avon Products,
Inc., Edelman served in key leadership positions, including her most
recent post as Senior Vice President and Chief Information Officer
responsible for Avon's information technology strategy and global
operations. Previously, she held executive roles in marketing, supply
chain management, sales, customer service, planning and information
technology, with domestic and international responsibilities.
"I'm very pleased to be joining Ariba's board of directors at such
an exciting time in the company's evolution," Edelman said. "Ariba has
successfully transformed its business model and assumed the leadership
position in the spend management space. I look forward to leveraging
my experience in driving global technology strategies and
organizations to help the company accomplish its growth targets."
Edelman holds a master's of business administration from Fordham
University's Graduate School of Business and a bachelor's degree from
Bucknell University. In addition to Ariba, she also serves on the
board of directors of Brinker International, Inc., one of the world's
leading casual dining restaurant companies and Cryptek, a provider of
secure information sharing and emanation security products.
Ariba, Inc.
Ariba, Inc. is the leading provider of spend management solutions
to help companies realize rapid and sustainable bottom line results.
Companies around the world in every industry use Ariba Spend
Management(TM) software and services. Ariba can be contacted in the
U.S. at 1.650.390.1000 or at www.ariba.com.
Copyright (C) 1996 - 2008 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE and SupplyWatch are registered
trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend
Management. Find it. Get it. Keep it., Ariba. This is Spend
Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer,
Ariba Category Management, Ariba Category Procurement, Ariba Contract
Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract
Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Electronic
Invoice Presentment and Payment, Ariba Invoice, Ariba Sourcing, Ariba
Spend Visibility, Ariba Travel and Expense, Ariba Procure-to-Pay,
Ariba Workforce, Ariba Supplier Network, Ariba Supplier Connectivity,
Ariba Supplier Performance Management, Ariba PunchOut, Ariba
QuickSource, PO-Flip, Ariba Settlement, Ariba Spend Management
Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager,
Ariba LIVE and It's Time for Spend Management are trademarks or
service marks of Ariba, Inc. All other trademarks are property of
their respective owners.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation
Reform Act 1995: Information and announcements in this release involve
Ariba's expectations, beliefs, hopes, plans, intentions or strategies
regarding the future and are forward-looking statements that involve
risks and uncertainties. All forward-looking statements included in
this release are based upon information available to Ariba as of the
date of the release, and we assume no obligation to update any such
forward-looking statements. These statements are not guarantees of
future performance and actual results could differ materially from our
current expectations. Factors that could cause or contribute to
Ariba's operating and financial results to differ materially from
current expectations include, but are not limited to: delays in
development or shipment of new versions of Ariba's products and
services; lack of market acceptance of Ariba's existing or future
products or services; inability to continue to develop competitive new
products and services on a timely basis; introduction of new products
or services by major competitors; the ability to attract and retain
qualified employees; difficulties in assimilating acquired companies,
long and unpredictable sales cycles and the deferrals of anticipated
orders; declining economic conditions, including the impact of a
recession; inability to control costs; changes in the company's
pricing or compensation policies; significant fluctuations in our
stock price; the outcome of and costs associated with pending or
potential future regulatory or legal proceedings; the impact of our
acquisitions, including the disruption or loss of customer, business
partner, supplier or employee relationships; and the level of costs
and expenses incurred by Ariba as a result of such transactions.
Factors and risks associated with its business, including a number of
the factors and risks described above, are discussed in Ariba's Form
10-Q filed with the SEC on May 7, 2008.
Ariba, Inc.
John Duncan, 650-390-1200 (Investors)
Investor@ariba.com
Karen Master, 412-297-8177 (Media)
kmaster@ariba.com
Copyright Business Wire 2008
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