RealTime IT News

Netegrity Attempts to Fill Gap

Still grieving for their co-worker, a Massachusetts technology firm took steps today to shore up corporate structure shaken by last week's terror attacks.

Netegrity , of Waltham, lost CFO James Hayden in the crash of United Airlines Flight 175.

Network security software maker Netegrity said it has created a special committee to manage the organization's finances until a replacement for Hayden is found.

The group will be led by Chairman and CEO Barry Bycoff and also includes the company's controller and vice president of finance, general counsel and an external board member. For now, investor relations staffers will report to Bill Bartow, vice president of marketing.

Netegrity plans to hire an interim CFO by the fourth quarter, and will then seek to fill the post permanently. Candidates have already been identified for the interim job.

Editor's note: Netegrity has set up memorial funds in memory of Hayden. Details can be found through its Web site, netegrity.com.