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February 26, 2007 | Comments: (0)
Serena gets new CEO
Serena Software announced on Monday the appointment of Jeremy Burton, a former Symantec and Oracle official, as president and CEO.
He takes over for Michael Capellas, who had served as acting president and CEO since December and who will return to his role as a senior advisor for Silver Lake Partners, a private equity firm that acquired Serena. Capellas, a former Compaq chairman and CEO, had taken charge of Serena after Mark Woodward resigned.
Serena specializes in software change management, which the company refers to as "change governance."
Burton most recently was group president for enterprise security and data management for Symantec, which he joined as part of the company's Veritas acquisition. Prior to that, Burton worked at Oracle in a variety of marketing, engineering and product management roles, Serena said. He founded Oracle's developer program, the Oracle Technology Network.
Serena has annual revenues of about $270 million and is profitable, said Matt DiMaria, Serena senior vice president of worldwide marketing. The company's change governance focus is about helping enterprises manage external change events, such as regulatory compliance requirements, in software, he said.
Posted by Paul Krill on February 26, 2007 03:41 PM
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