Acxiom Names John A. Adams as Chief Operating Officer
15 May 2008 - 7:55AM
Business Wire
Acxiom� Corporation (Nasdaq: ACXM) announced today that its Board
of Directors has named John A. Adams to serve as the company�s
Chief Operating Officer and Executive Vice President. Adams, 53,
will direct the operational areas of Acxiom which include the
market-facing industry units, Europe and Asia Pacific, service
development and delivery, and information technology. �John is a
proven global leader who has played key roles in helping a number
of high-tech companies successfully build shareholder value,� said
Acxiom Chief Executive Officer and President John Meyer. �John has
served as a consultant to Acxiom for several months, and he has
already positively contributed to Acxiom�s organizational
realignment and cost-reduction efforts,� Meyer said. Prior to
joining Acxiom, Adams was Executive Vice President, Customer
Solutions, of Eclipsys, a healthcare information software and
services vendor. In that capacity, he was responsible for the
company�s outsourcing and hosting units as well as a number of
administrative functions. In other leadership roles, Adams has
served as Chief Financial Officer for Exult, Inc., a human
resources business process outsourcing company; as Chief Financial
Officer and Vice President of AT&T Business Services, a
subsidiary of AT&T Corporation; and as Vice President and
Controller for Electronic Data Systems (EDS), where he oversaw the
accounting and finance functions for EDS worldwide. Adams, a
British citizen, is a member of the Institute of Chartered
Accountants in England and Wales. He holds a bachelor of arts
degree with honors in economics from the University of Exeter,
England. As an inducement to join Acxiom, the Compensation
Committee of the Company�s Board of Directors granted equity awards
to Adams effective as of May 22, 2008, certain of which awards are
considered �inducement awards� as defined in the NASDAQ Marketplace
Rules. The awards designated as inducement awards consist of 30,000
restricted stock units granted pursuant to the terms of the 2008
Nonqualified Equity Compensation Plan of Acxiom Corporation. Of
this total, 3,000 of the restricted stock units are
performance-based awards which vest three years from the date of
grant provided the Company has achieved certain financial
objectives and 27,000 of the restricted stock units vest ratably
over four years, 25 percent per year, beginning on the first
anniversary of the date of grant. The inducement awards were
approved by the Compensation Committee pursuant to NASDAQ
Marketplace Rule 4350(i)(1)(A)(iv). About Acxiom Corporation At
Acxiom, we make information intelligent for many of the world�s
leading and most dynamic companies, enabling them to acquire new
customers, retain their most valuable customers, communicate with
customers in the methods and times they prefer, and make profitable
marketing and business decisions. Acxiom�s unmatched customer
insight is achieved by blending the world�s largest repository of
consumer data, award-winning technology and analytics,
multi-channel expertise, privacy leadership, and superior knowledge
of a wide spectrum of industries. Founded in 1969, Acxiom (Nasdaq:
ACXM) is headquartered in Little Rock, Arkansas, with locations
throughout the United States and Europe, and in Australia and
China. For more information about Acxiom, visit www.acxiom.com.
Acxiom is a registered trademark of Acxiom Corporation.
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