CMGI names Steven Crane as CFO |
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Thu, 05 Apr 2007 14:27
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WALTHAM, Mass. (AP) - CMGI Inc., a provider of supply chain management services to technology companies, on Thursday named Steven G. Crane as chief financial officer, effective April 24.Crane, 49, replaces interim CFO David Riley, who will become executive vice president of corporate development. Riley, 36, will be responsible for leading the company's activities in mergers, acquisitions and strategic alliances.As CFO, Crane will handle all aspects of financial management for CMGI and its ModusLink Corp. division.Crane previously worked at Interactive Data Corp., where he served as president and director of the company's FT Interactive Data unit.Riley became interim CFO in May 2006 when Tom Oberdorf left the CFO post to accept a similar position at Getty Images Inc.CMGI shares closed at $2.20 Wednesday on the Nasdaq Stock Market.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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