Down-Purr Floods Rumor Pipeline
Execs voted out of islandia; ballmer: apps to bear ads?When it rains, it pours," lamented the Lynx, as he barricaded his basement with bags of Kitty litter to fend off the furious flooding caused by the endless New England rain. The deluged Drudge wasnt just referring to the preposterous precipitation, but also to the exec exodus going on at CA. Last month, Chief Operating Officer Jeff Clarke fled the Islandia, N.Y., software maker to head a division of Cendant. Over the last week and a half, the company has seen Chief Technology Officer Mark Barrenechea and Chief Financial Officer Robert Davis both jump ship. Barrenechea is heading off to join Garnett & Helfrich Capital, a venture buyout group. One CA watcher told the Tabby that whispers from CA indicated that the Barrenechea move may have been orchestrated by CA head honcho John Swainson, who is thought to be looking to move a handpicked successor into the CTO role. CA Senior Vice President and Corporate Controller Robert Cirabisi will handle the interim CFO chores until the company finds a replacement for Davis. As the Furball wrung out his soggy tail, he also noted that former CA CEO Sanjay Kumar and company founder Charles Wang have reached an agreement that leaves Wang the sole owner of the New York Islanders hockey team. The agreement calls for Wang to pay Kumar $1 million a year for the next nine years, during which time Kumar might be doing his time for accounting fraud.
Spencers new ring tone, "A Hard Rains A-Gonna Fall," brought forth a caller who said that Microsofts hot pursuit of advertising revenue came up during Microsoft bigwig Steve Ballmers speech to a gathering of The Commonwealth Club Silicon Valley, a group that hosts public forums concerning the region. Ballmer compared the possibility of ads popping up from within applications to how TV viewers have long accepted television commercials.