June 12, 2002
NetIQ Appoints Prominent Industry Executive Michael E. Lehman to its Board of Directors
Sun Microsystems Chief Financial Officer to Bring Corporate Planning and Strategy Perspective
SAN JOSE, Calif.
NetIQ Corp. (Nasdaq: NTIQ), a leading provider of e-business infrastructure management and intelligence solutions, today announced the appointment of industry veteran Michael E. Lehman, Chief Financial Officer and Corporate Executive at Sun Microsystems, Inc. (Nasdaq: SUNW) to its board of directors.
"Mike brings to NetIQ a proven ability to help successfully guide corporations focused on business and technology expansion, as we are," said Ching-Fa Hwang, chairman of NetIQ. "I am extremely pleased that Mike has accepted this appointment, and look forward to the addition of his guidance to NetIQ's Board."
Over the past 15 years Lehman has risen within the executive ranks of Sun Microsystems. Lehman now holds the position of Executive Vice President of Corporate Resources, Chief Financial Officer and Corporate Executive Officer, Sun Microsystems, until his July 1, 2002 retirement. In this role, Lehman has management responsibilities for finance, legal, real estate and information resources functions, as well as the company’s planning, strategy, business development and public policy groups. He is also a member of Sun’s Executive Committee. Prior to his tenure at Sun, Lehman was a senior manager in the San Francisco office of PricewaterhouseCoopers, the international accounting firm, where he was responsible for audits of multinational entities.
"NetIQ's executive team and Board of Directors continue to drive positive bottom-line results for shareholders and deliver real value to customers," said Lehman. "It’s a company whose proven technology and responsible growth align well with my beliefs about the way a business should be run. I’m proud to join the Board."
NetIQ Corp. (Nasdaq: NTIQ) is a leading provider of e-business infrastructure management and intelligence solutions for all the components of an organization's e-business infrastructure—from back-end servers, networks and directories to front-end web servers and applications. The company is headquartered in San Jose, Calif., with development and operational personnel in Houston, Texas; Raleigh, N.C.; Bellevue, Wash.; and Portland, Ore. For more information, please visit NetIQ's web site at www.netiq.com or call (408) 856-3000. For more information about WebTrends, the e-business intelligence product line from NetIQ, please visit www.webtrends.com or call (888) WEBTRENDS.
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