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NaviSite Names New CEO

Feb 21, 2003

NaviSite Inc. , an Andover, Mass.-based company that provides managed and application services, today announced that Arthur Becker has joined the company as CEO.

Becker is currently a member of NaviSite’s board of directors and is credited by the company with playing an instrumental role in the acquisition of the senior debt of Interliant, the corporate integration of ClearBlue Technologies Management and the recent acquisition of Avasta (see NaviSite Targets Mid-market With Avasta Buy).

Becker is the founder of several technology companies and has also held a director position at Bear Stearns. He is a founding partner and managing member of Atlantic Investments, an investment fund focused on the Internet infrastructure and managed services industry.

“The skills and experience Arthur brings to NaviSite are especially crucial during this time of rapid consolidation within the industry. We have a strong platform in place and look forward to continuing to build a profitable, leadership position for ourselves,” Andy Ruhan, chairman of the board for NaviSite, said in a statement.

Becker replaces outgoing CEO Trish Gilligan. Gilligan, NaviSite said, has guided the company through strategic acquisitions, the integration of separate assets into one company and an internal reorganization. The transition will take place immediately, NaviSite reports. However, Gilligan will remain with the company in an advisory role through March.


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