Contact:
Mei Li
Senior VP, Corporate Communications
Phone: 650.627.1063
E-mail: meili@netsuite.com
NetSuite, Inc.
NetLedger Names Jim Mcgeever
Chief Financial Officer
NetLedger Finance Director Promoted to CFO to Complete
Formidable Executive Management Team
San Mateo, CA. - July 19, 2000 - NetLedger, Inc., the
leading application service provider (ASP) that enables
small businesses to run their companies totally online,
today announced the appointment of Jim McGeever as its
CFO. In this role, McGeever will leverage his proven
expertise in finance and accounting to lead NetLedger's
financial planning and investment community development,
and assist in the company's overall growth.
"Since joining NetLedger, Jim has done a great
job evolving the company's financial procedures, shaping
accounting operations, and building the finance team,"
said Bill Mirbach, president and CEO of NetLedger, Inc.
"Importantly, he played a leading role in the company's
recent round of financing. Jim deserves this recognition
and I am pleased to have him join the executive management
team."
Jim McGeever began his tenure at NetLedger as director
of finance in January 2000. In that role, he was responsible
for the company's financial functions and management.
As a result of his significant participation in the
company's financial strategies and planning, NetLedger
secured $20 million from StarVest Partners L.P., ADP
and PaineWebber.
Prior to NetLedger, McGeever served as controller for
Clontech Laboratories, Inc., a privately held biotechnology
company that was acquired by Becton Dickinson just before
its IPO. Before that he was the corporate controller
at Photon Dynamics, Inc., a capital equipment maker,
where he helped the company through a successful IPO
in 1994. McGeever began his career with Ernst &
Young.
McGeever is a qualified chartered accountant and has
a B.S. from the London School of Economics.
For more information about NetSuite please visit our
Web site at www.netsuite.com.
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