VeriSign CEO Roper Resigns; James Bidzos Named Interim Chief

July 3, 2008 at 3:29 pm PT

VeriSign (VRSN) announced that CEO William Roper resigned as an officer and director, effective June 30. On an interim basis, the company named James Bidzos as chairman, CEO and president. Bidzos was the company’s founder and original CEO; he has been chairman or vice chairman since April 1995. The company did not give a reason for the change, nor did they give any details on plans to install a permanent replacement.

In the announcement, Bidzos said that the company will proceed with its plan to divest non-core operations.

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Tagged with: Barrons, Eric Savitz, frontpage, James Bidzos, Tech Trader Daily, Verisign, William Roper

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http://thewwhynotquestion.blogspot.com Mark Light

Maybe his system crashed or something. credit Card companies “detest” downtime. Downtime = big financial losses. That’s usually the reason for vacating CEOs. That’s just my guess. :)

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