Blue Coat Systems names Greg Clark as president and CEO

Blue Coat Systems, a provider of Web security and WAN
optimization solutions, announced that Gregory S. Clark has been named
president and chief executive officer and a member of the board of directors.

Clark will succeed Michael J. Borman, who has departed as
president and CEO and as a director.

Clark most recently was president and CEO of Mincom, an
enterprise software company that was acquired in July by the ABB Group, a
leader in automation and power technologies.

Under his leadership, Mincom successfully enhanced its
enterprise software offerings with cloud-based solutions, and improved its financial
results and shareholder value.

Prior to joining Mincom Clark was CEO of E2open, a
cloud-based supply chain applications. Earlier in this career he founded the
security software firm, Dascom, Inc., which was acquired by IBM in 1999.

Following that acquisition the Dascom software became the
basis of its Tivoli security product line, and Clark served as the IBM
Distinguished Engineer responsible for security technology and a vice president
at Tivoli Systems.

He has also held senior technical and management
positions at AT&T UNIX System Laboratories and Stallion Technologies.

“Greg is a proven leader with a track record of
driving growth and shareholder value. Greg has the right combination of
technical depth, market insight and managerial skills to enable Blue Coat to
capitalize on its strong franchise in Web security and WAN optimization,”
said David W. Hanna, Chairman of the Board of
Blue Coat.

“I am looking forward to joining Blue Coat and
leading the team to expand Blue Coat’s market leadership. It is a great company
with a long heritage of innovation, a terrific portfolio of assets and an
impressive customer base,” said Greg Clark.

The Blue Coat board has named board member Carol G. Mills
as interim CEO untilClark’s arrival. Mills has held executive positions at
technology companies including CEO of Acta Technology, EVP at Juniper Networks,
and VP/GM at HP.

By Team
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