Business Services Industry
Document Sciences Corp. Announces Barton L. Faber To Become Interim President and CEO
Business Wire, June 22, 1999
CARLSBAD, Calif.--(BUSINESS WIRE)--June 22, 1999--
Document Sciences (Nasdaq:DOCX), a global leader in document automation solutions, today announced Barton L. Faber will become the interim president and CEO.
The company also announced the resignation of Charles R. Harris as president and CEO. Harris has decided to leave to pursue outside opportunities.
Barton Faber has served as a director of Document Sciences since July 1996. Faber founded FABERcapital in 1998. FABERcapital makes private equity investments in Information Service Companies. Investment areas include information distribution, internet software distribution, database marketing, and print base promotional products.
In 1995, he became chairman of Metromail Corp. After overseeing the firm's initial public offering, Faber actively directed Metromail's business strategy, operations, and growth plans. In June 1998 Metromail was sold to Great Universal Stores for $910 million.
From 1989 to 1995, Faber served as president of the Information Resources unit of R.R. Donnelley & Sons Company. This unit had sales of $800 million and included Donnelley's venture capital activities, which had over $100 million invested. He joined R.R. Donnelley in 1985 as head of its Business Development & Analysis Division. During this time he championed key acquisitions, mergers, and other key projects that positioned Donnelley's entry into digital information services.
"Bart Faber's extensive experience in complex electronic publishing applications is well suited to further enhancing our proven Solution Selling and Delivery business model. In particular, his expertise in the commercial publishing sector will facilitate our growth plans in this rapidly growing market segment," says Dan Fregeau, vice president of worldwide sales and business development. Faber currently serves on the board of directors of Xeikon N.V., Looking Glass Technologies, Adforce, Moore Corp., and Intervisual Communications. He is also a venture partner with Atrium Capital based in Menlo Park, California.
Document Sciences Corp. provides a family of document automation products and services that enable an enterprise to better communicate with their customers through high-quality personalized and customized documents which can be printed, viewed on demand, and distributed in high volume. The company licenses its products to over 670 customers worldwide in managed care, insurance, banking and financial services, telecommunications, utilities, and commercial print service bureaus.
Based in San Diego, California, with regional locations across the U.S. and Canada, and a European subsidiary in Sophia Antipolis, France, the Company also markets its products in Australia, New Zealand and Brazil. For more information visit the Document Sciences web site at http://www.docscience.com.
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