RealTime IT News

Sagent Appoints New CFO

Sagent Thursday says it has named Steven Springsteel as its new chief financial officer.

The Mountain View, Calif.-based company provides real-time e-business intelligence solutions. Information can be extracted from multiple sources (internal and external), optimized and delivered in a customized format for Web-based or client applications.

Springsteel replaces David Eliff, who had been serving as Sagent CFO since May 2000.

Before joining Sagent, Springsteel was COO and CFO of NOCpulse, a provider of operational support system technology to monitor and control Internet infrastructures. He has also served as executive vice president and chief financial officer of Chordiant Software.

"Steve's extensive background in finance, operations and equity markets with leading edge enterprise software companies, makes him a great addition to our team," says Sagent president and CEO Ben Barnes. "We are pleased he has joined Sagent's executive team, and I am confident he will be a key contributor to Sagent's growth plan."