Subhash Tantry Named President and CEO of Fox Technologies
PALO ALTO, CA -- (MARKET WIRE) -- December 05, 2006 -- Fox
Technologies, Inc. (FoxT) announced today that its Board of Directors
has appointed Subhash Tantry as the Company's President and Chief
Executive Officer. The appointment is the result of FoxT's on-going
succession planning process and is effective immediately. Tantry
succeeds Max Seybold, who will continue serving on FoxT's Board of
Directors and will concentrate on expanding market opportunities for
FoxT around the globe.
"Since joining FoxT in 2005 as CTO, Subhash has been instrumental in
guiding a competitive product suite for secure GRC controls
automation," said Pär-Jörgen Pärson, FoxT's Chairman of the Board.
"Subhash has earned the admiration and respect of our employees and
our customers. He is the ideal leader to take the helm as FoxT's
Chief Executive Officer."
"It is an honor to lead this company," said Tantry. "I'm thrilled
with the opportunity before us -- a global marketplace of businesses
needing secure governance, risk, and compliance management software,
a world-class leadership team and development process, and some of
the industry's most valuable customers and partners. The potential
for FoxT is limitless."
Subhash brings more than 25 years of experience in the software
industry. As an entrepreneur he co-founded Vigilance, a company that
developed a market-making application called Business Activity
Monitoring. He was also a senior executive for Accenture at their
Center for Strategic Technologies; led innovative enterprise class
software engineering teams at Consilium; and most recently was
Executive Vice President of Engineering and Operations at Centerbeam,
an IT infrastructure-managed service provider.
Subhash holds a Bachelors Degree in Mechanical Engineering and a
Masters in Industrial Engineering and Management Science. In addition
to completing the Executive Program for Growing Companies at Stanford
University, Subhash has been a founding member of the Board of
Directors of the IIT Bombay Heritage Fund that supports his alma
mater. He also holds U.S. Patents in enterprise software
architecture, applications, and techniques, with his most recent
patents being awarded in 2004. He is a Charter Member of The Indus
Entrepreneur (TiE), is a mentor at TiE, and was most recently a
convener for TiEcon 2006.
About FoxT
FoxT offers a comprehensive controls solution that enables
organizations to effectively manage corporate governance, risk,
compliance, and security (Secure GRC). FoxT's Secure GRC platform
combines corporate controls, application controls, and secure IT
controls software into a single, integrated platform that provides
continuous visibility into business processes and performance.
Through smart integration and automation, FoxT solutions reduce total
cost of ownership, deployment risk, and time to market, making
compliance sustainable and transforming it into a source of
competitive advantage. Headquartered in Palo Alto, California, FoxT
serves Global 1000 customers in 32 countries. For more information --
www.foxt.com or contact Elliott Zember at 650.687.6248.
Contact:
Elliott Zember
650.687.6248
