IRVINE, Calif., Oct. 27 /PRNewswire-FirstCall/ -- Gateway, Inc. (NYSE:
GTW) today announced that Craig Calle, 46, has been appointed to the
additional post of vice president and treasurer, effective immediately. He
will continue to serve as vice president, finance of the Professional and
Direct segments.
Calle joined Gateway in June 2006 as vice president, finance for the
company's Professional and Direct segments, overseeing business units that
sell to educational institutions, government, businesses and consumers. As
Treasurer, his responsibilities will include global treasury, supplier and
partner credit relationships, risk management, and consumer and
institutional finance.
Calle previously served for nine years as senior vice president-finance
and treasurer of Crown Cork & Seal Company, Inc., which he joined in 1991
and where he played a key role in transforming the company into the global
consumer packaging industry leader, with sales of approximately $9 billion
and operations in over 50 countries. Since 2000, he has served as chief
financial officer or founder of successful early stage, private companies
in the broadband wireless equipment (IPWireless, Inc.) and digital media
industries. Prior to joining Crown, he was a vice president at Salomon
Brothers (now Citigroup Global Markets), where he completed a wide range of
M&A, corporate finance and capital markets transactions for Fortune 500 and
emerging companies. He holds BA and BS Econ. (Wharton) degrees from the
University of Pennsylvania, and holds a master's degree in business
administration from Harvard University.
"We are delighted to have Craig take on responsibility for our treasury
operations, where his strong experience and background should benefit
Gateway's cash management, risk management and credit relationships with
our suppliers and partners," said John Goldsberry, senior vice president
and chief financial officer.
About Gateway
Since its founding in 1985, Irvine, Calif.-based Gateway (NYSE: GTW)
has been offering award-winning PCs and related products to consumers,
businesses, government agencies and schools with highest quality and
service and best overall value. Gateway is now the third largest PC company
in the U.S. and among the top ten worldwide. The company's value-based
eMachines brand is sold exclusively by leading retailers worldwide, while
the premium Gateway line is available at major retailers, over the web and
phone, and through its direct and indirect sales force. See
http://www.gateway.com for more information.
Special note
This press release contains forward-looking statements that involve
risks and uncertainties, as well as assumptions that, if they do not
materialize or prove incorrect, could cause Gateway's results to differ
materially from those expressed or implied by such forward-looking
statements. All statements, other than statements of historical fact, are
statements that could be forward-looking statements, including any
projections or preliminary estimates of earnings, revenues, or other
financial items; any statements of plans, strategies and objectives of
management for future operations; the extent of seasonal changes in demand;
any statements regarding proposed new products, services or developments;
any statements regarding future economic conditions or performance;
statements of belief and any statement of assumptions underlying any of the
foregoing. The risks that contribute to the uncertain nature of these
statements include, among others, risks related to shifting our
distribution model to third-party retail; competitive factors and pricing
pressures, including the impact of aggressive pricing cuts by larger
competitors; general conditions in the personal computing industry,
including changes in overall demand and average selling prices, shifts from
desktops to mobile computing products and information appliances and the
impact of new microprocessors and operating software; the ability to
simplify the company's business, change its distribution model and
restructure its operations and cost structure; component supply shortages;
short product cycles; the ability to access new technology; infrastructure
requirements; risks of international business; foreign currency
fluctuations; risks relating to new or acquired businesses, joint ventures
and strategic alliances; risks related to financing customer orders;
changes in accounting rules; the impact of litigation and government
regulation generally; inventory risks due to shifts in market demand; the
impact of employee reductions and management changes and additions; and
general economic conditions, and other risks described from time to time in
Gateway's Securities and Exchange Commission periodic reports and filings.
Gateway assumes no obligation to update any forward-looking statements to
reflect events that occur or circumstances that exist after the date on
which they were made.
SOURCE Gateway, Inc.
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Related links:
http://www.gateway.com
CONTACT:
Media, David Hallisey, +1-949-471-7703,
david.hallisey@gateway.com, or Investor, Marlys Johnson,
+1-605-232-2709, marlys.johnson@gateway.com, both of Gateway,
Inc.
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