News
Blue Coat Announces Executive Appointments: Michael Borman Joins Company as President and CEO & Brian NeSmith Named Chief Product Officer
September 2010 by Marc Jacob
Blue Coat Systems, Inc. announced its board of directors has named Michael J. Borman as president and chief executive officer and Brian M. NeSmith as chief product officer, effective September 1, 2010. The board also expects to name Mr. Borman to the board of directors.
Mr. NeSmith, who has served as president and chief executive officer since 1999, will focus on product strategy, direction and development in his new executive role. He will report to Mr. Borman and will continue to serve on the company’s board.
Mr. Borman’s background includes executive management positions at large, mid- and small publicly-traded hardware and software companies. Previously, he served as chief executive officer and director of Avocent Corporation, a developer of switching systems that was acquired by Emerson Electric in December 2009. Prior to Avocent, Mr. Borman spent a total of 30 years at IBM, where he held numerous senior executive positions, leading global product and sales organizations. He also served as president and chief operating officer at Blue Martini Software, a provider of intelligent selling systems.
