Sun Microsystems Board of Directors elected Intuit Inc. President and CEO Stephen Bennett to the company's Board of Directors with an immediate effective date. Sun Chairman and CEO Scott McNealy attributed Bennett's successful business experience and reputation as key factors in his nomination and appointment.

"Steve's leadership and operational experience as a successful CEO, as well as his proven track record of developing and growing diverse businesses, will complement Sun's strong and experienced board," McNealy said. "Sun's employees and shareholders should be delighted."

Bennett, who is credited with driving Intuit toward a $2 billion revenue mark, accepted the position noting his desire to join Sun in its next move toward history-making innovation.

"I'm pleased to join Sun's board as the company embarks on the next chapter in its history," said Bennett. "This is an opportunity to be a part of a new era of innovation for Sun."

Eighty percent of the directors on Sun's board are considered independent, under the NASDAQ definition. McNealy defined the board as a combination of "independence with depth of experience."

Other Sun board members include:

• Scott G. McNealy, Chairman of the Board of Directors and Chief Executive Officer, Sun Microsystems, Inc.
• James L. Barksdale, President and Chief Executive Officer, Barksdale Management Corporation
• L. John Doerr, General Partner, Kleiner Perkins Caufield & Byers
• Robert J. Fisher, Chairman of the Board of Directors, The Gap, Inc.
• Michael E. Lehman, Former Executive Vice President, Corporate Resources and Chief Financial Officer, Sun Microsystems, Inc.
• Robert L. Long, Independent Management Consultant
• M. Kenneth Oshman, Chairman of the Board of Directors and Chief Executive Officer, Echelon Corporation
• Naomi O. Seligman, Senior Partner, Ostriker von Simson, Inc.
• Lynn E. Turner, Professor of Accounting and Director of The Center for Quality Financial Reporting, Colorado State University [...read more...]
  
  
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