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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): January 3, 2000
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Sapient Corporation
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-28074 04-3130648
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(Commission File Number) (I.R.S. Employer Identification No.)
One Memorial Drive
Cambridge, MA 02142
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(Address of Principal Executive Offices) (Zip Code)
(617) 621-0200
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
Sapient Corporation issued a press release on January 3, 2000
announcing that Edward G. Goldfinger had been appointed as Chief Financial
Officer of the Company. The press release also announced that Susan D. Johnson,
the Company's previous Chief Financial Officer, had been appointed Senior Vice
President. The full text of the Company's press release is filed as Exhibit 99.2
to this Current Report on Form 8-K and is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION
Not applicable.
(c) EXHIBITS.
99.2 Press Release issued by Sapient Corporation on January 3, 2000
announcing appointment of Edward G. Goldfinger as Chief Financial Officer and
appointment of Susan D. Johnson as Senior Vice President.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: January 4, 2000 SAPIENT CORPORATION
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(Registrant)
By: /S/ Susan D. Johnson
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Susan D. Johnson
Chief Financial Officer
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Exhibit 99.2
Press Release issued by Sapient Corporation on January 3, 2000 announcing
appointment of Edward G. Goldfinger as Chief Financial Officer and appointment
of Susan D. Johnson as Senior Vice President.
CAMBRIDGE, Mass. - January 3, 2000 - Sapient Corporation (NASDAQ: SAPE), a
leading e-services consultancy, today announced that Edward G. Goldfinger,
former vice president and CFO of Pepsi-Cola International for the South American
and Caribbean regions, has been appointed as chief financial officer. Goldfinger
will be responsible for the overall financial management of Sapient, including
its domestic and international expansion, as well as the company's banking and
investor relations. He will report to Jerry A. Greenberg, co-chief executive
officer and co-chairman of Sapient.
"We are excited to have Ed join the team," said Greenberg. "We look forward to
leveraging his deep international experience and business development skills to
build the needed infrastructure to support our leading position in the
burgeoning e-services market."
An executive of PepsiCo for nine years, Goldfinger spent the last six years at
Pepsi-Cola International. In his most recent position as CFO for the South
American and Caribbean regions, his responsibilities included strategy and
business development, oversight of financial planning, processes and controls,
and information technology. He played a critical role over the past few years in
restructuring and improving the financial health of the bottling systems in
these regions. Prior to Pepsi-Cola, Goldfinger worked for seven years with KPMG
Peat Marwick and was a CPA in the state of Connecticut. He holds a Bachelors of
Science degree in Economics from the Wharton School at the University of
Pennsylvania.
Sapient also announced that Susan D. Johnson, who has served as Sapient's CFO
since 1994, will be assuming the position of senior vice president, responsible
for corporate development and strategic growth initiatives. Johnson will work
closely with Greenberg and Bruce D. Parker, executive vice president.
During her tenure as CFO, Johnson played a critical role in preparing for and
executing Sapient's initial public offering in early 1996, as well implementing
the infrastructure to help the company manage its rapid evolution into a leading
e-services consultancy. Under Johnson's leadership, Sapient has grown from less
than 50 people to nearly 2,000, with revenue of $195 million in the first nine
months of 1999.
"Sue's done an outstanding job for us as CFO over the last six years. She has
played key roles in many areas, including our corporate development and
strategic growth activities. Now she will be able to focus in those areas
exclusively, strengthening our leadership team to maintain Sapient's track
record of consistent growth, profitability, and thought leadership," said
Greenberg.
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ABOUT SAPIENT
Sapient is a leading e-services consultancy providing Internet strategy
consulting and sophisticated Internet-based solutions to Global 1000 companies
and startup businesses. Sapient helps clients define their Internet strategies
and design, architect, develop and implement solutions to execute those
strategies. Founded in 1991, Sapient has been providing Internet solutions for
more than five years and employs nearly 2,000 people in offices in Cambridge,
Mass., the company's headquarters, as well as London, Sydney, Milan, New York,
San Francisco, Chicago, Atlanta, Dallas, Los Angeles and Washington D.C. More
information on Sapient can be found at www.sapient.com.
Sapient is a registered servicemark of Sapient Corporation. All other product,
service and company names are trademarks or servicemarks of their respective
owners.
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