Thursday, September 12, 2002

AvantGo CEO resigns

<A HREF="http://news.com.com/2100-1040-957394.html?tag=cd_mh">CNET News.com</A> reports AvantGo said Tuesday that Chief Executive Richard Owen will resign at the end of the month. As of September 30, Chief Financial Officer David Cooper will assume the added title of chief operating officer and be responsible for day-to-day management of the company, board member James Richardson will become chairman, and the company will begin a search for a new CEO. The article also reports AvantGo expects its stock to move from Nasdaq's National Market to the exchange's SmallCap market, also by month's end.

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