SonicWALL Names Robert Selvi as New Chief Financial Officer25 January 2005
SonicWALL, Inc. (Nasdaq: SNWL), a leading provider of integrated security, productivity and mobility solutions, today announced that Robert D. Selvi has been appointed chief financial officer, effective immediately. Selvi brings to SonicWALL extensive experience as a chief financial officer, having served in that capacity at Claris Corporation, Cooper & Chyan Technology, Artisan Components and Kontiki. "I am extremely pleased that Rob Selvi has joined our management team," said Matthew Medeiros, president and chief executive officer at SonicWALL. "He brings to SonicWALL an impressive background in the technology industry, experience with high-growth companies in both the public and private sector, and an excellent reputation with the financial community. We believe Rob is the right chief financial officer to guide SonicWALL as we position ourselves for continued growth." Selvi joins SonicWALL with some 25 years of experience in senior financial management roles at leading technology companies. "I believe SonicWALL is at an exciting stage in its growth," commented Selvi. "The company has a strong executive team, a loyal channel, and an advanced product set delivering industry-leading capabilities with broad market appeal. I look forward to helping SonicWALL achieve its goals for accelerated development." Earlier in his career, Selvi held several senior management positions at Apple in corporate development, integrated systems, treasury and financial services. Selvi holds a Master's degree in Economics and Marketing and a Bachelor of Science degree in Commerce, both from Santa Clara University. Additionally, Selvi currently serves on the board of directors of eSilicon, a private semiconductor company, and on the advisory board of Santa Clara University's Leavey School of Business.
Safe Harbor Regarding Forward-Looking Statements Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include but are not limited to statements regarding the strength of SonicWALL's executive team, the loyalty of its channel, or the capabilities of its product set. These forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. In addition, please see the "Risk Factors" described in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2003 and Form 10-Q for subsequent periods, for a more detailed description of the risks facing our business. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.
Source: PR Newswire
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