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April 3, 1996


By CBR Staff Writer

More of the Sybase Inc old guard was swept aside yesterday in a reorganization the company hopes will consolidate its recent acquisitions, shake off the ghosts of System 10 and put it on the road to recover from an anticipated first quarter loss. Many of the duties of the now former COO and executive VP David Peterschmidt have been handed over to PowerSoft Division CEO Mitchell Kertzman, who’s elevated to executive VP sales reporting to Sybase chairman, president, and CEO Mark Hoffman. Peterschmidt will stay on for now as a consultant. The company has also formed itself into two groups. An Enterprise Business Group incorporates the Information Connect Division (formerly MicroDecisionware Inc) and Enterprise Server Division. Enterprise Group president Dennis McEvoy was previously senior VP of the Enterprise Division. It will address large-scale customer requirements. The Powersoft Business Group is focused on application developers and mobile, desktop and PC LAN environments. Former Powersoft president David Litwack will head this group. Former MDI president Mike Forster becomes senior VP worldwide field operations reporting to Kertzman. Sybase co-founder Bob Epstein remains executive VP strategic planning. Tom Herring, VP corporate marketing now reports directly to Kertzman. Senior VP worldwide services Michael Bealmear reports to Hoffman. Ken Goldman, senior VP and CFO; Juanita Lott, VP human resources; Michael Engelhardt VP external affairs; and Pat Lencioni, director of organizational communications, continue to report to Hoffman. Sybase expects to report a loss of between $0.07 and $0.12 per share on first quarter revenue of $245m, up from $216m last time, when it’s numbers are published on April 11.

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