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September 30th, 2008 - StreamBase Systems Inc announces promotion of President and Chief Operating Officer Mark Palmer to Chief Executive Officer.

StreamBase Names Mark Palmer as New CEO


 

Mark Palmer, Chief Executive Officer, StreamBase: “I’m delighted to be leading this next phase of StreamBase’s growth.”

StreamBase Systems Inc has announced the promotion of President and Chief Operating Officer Mark Palmer to the position of Chief Executive Officer. The appointment is effective October 1, 2008. 

Chris Risley, Chairman and CEO, StreamBase: “This is the perfect time to hand over day-to-day leadership of the company to Mark.”

“This is the perfect time to hand over day-to-day leadership of the company to Mark,” said StreamBase Chairman and CEO Chris Risley. “We’ve worked together for six months and I’m very pleased to support Mark in his new role as CEO.” Mr. Risley, who joined StreamBase in August 2007, will continue to serve as Chairman.

“I’m delighted to be leading this next phase of StreamBase’s growth,” Mr. Palmer said.  “I look forward to providing our customers with the world-class products and services they’ve come to expect from StreamBase.”

Mr. Palmer joined StreamBase in April 2008. Previously Mr. Palmer worked for Progress Software (NASDAQ: PRGS), where he led the Apama business unit as General Manager. 

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