Management Changes Hit Solution Providers

Printcafe, Checkpoint Systems reorganize responsibilities, Vsource names president

Tempe, AZ  August 30, 2002  Management changes this week at three solution providers hit Printcafe, Vsource and Checkpoint Systems.

Pittsburgh-based Printcafe Software, a provider of solutions for the printing industry and print buyers, said that management of its entire product portfolio has been consolidated under Bob Bierwagen, senior vice president of product management.

The company also is consolidating its customer service and support functions into a single global support organization under Bob Rothschild, vice president of global services.

In further changes, Printcafe said it is shifting development resources to "key growth products," such as its PSI print management system platform. Additionally, the company has consolidated its direct machine interface products (DMI) into a single, comprehensive product line to be marketed under Printcafe's Auto-Count brand, which will incorporate its proprietary Elysium technology.

"We believe these organizational changes will make Printcafe more responsive to our customers and more competitive in the marketplace, while driving efficiency and cost savings," said Marc Olin, Printcafe's president and CEO.

Following the changes, Printcafe will have approximately 325 employees. The consolidation of job functions is expected to deliver annual cost savings of approximately $2.5 million.

Meanwhile, San Diego-based Vsource, a provider of business process outsourcing (BPO) services to companies operating in the Asia-Pacific region, has appointed Braden Waverley as company president.

Waverley, an executive with international management experience in Asia-Pacific and North America, will assume responsibility for all sales, marketing, public and investor relations functions of Vsource and will serve on the company's executive committee.

Waverley was most recently with Dell Computer Corp., where he was vice president and general manager in the company's Canadian operations. Previously, he held marketing and general management posts for Dell's business throughout Asia-Pacific.

"We selected Braden to assume this new position at Vsource because of his excellent background in Asia-Pacific and his tremendous accomplishments throughout his career," commented Phil Kelly, co-chairman and CEO of Vsource.

Finally, Checkpoint Systems, a provider of product identification solutions, has reshuffled the purviews of some of its top managers.

John Davies, Jr., executive vice president at Checkpoint, now will be responsible for sales and marketing for the Americas and Asia-Pacific. Per Levin, vice president and general manager of Europe, will continue to lead the European Organization, while Craig Burns, chief financial officer and treasurer, will assume responsibilities related to operations, manufacturing, supply chain and product development.

All three senior managers will report directly to George Off, chairman of the board of directors and CEO.

Burns and Davies are assuming the responsibilities previously assigned to Bill Reilly, who is retiring from his position as chief operating officer, effective September 27, although Reilly will remain a consultant to the company. Checkpoint said that in the third quarter of this year it is going to incur a one-time charge of approximately $1.5 million related to post-employment benefits in connection with Reilly's retirement.