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NetSuite Rings the Closing Bell

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Uploaded by on Jan 22, 2009

etSuite officials and guests ring the closing bell at the NYSE.

NetSuite chief financial officer Jim McGeever rang the closing bell at the New York Stock Exchange yesterday, joined by Zach Nelson, NetSuite President and CEO, Evan Goldberg, Founder and CTO, other executives and invited guests.

They had a good day. The DJIA was up 279 points, to 8228.

The ringing of bell kicked off the launch of NetSuites CFO Strategy Series, designed to address a myriad of unique challenges facing top financial decision-makers in the current economic environment and to showcase the ability and benefits of cloud computing and real-time business management software suites.

The guests included NetSuite customers Don Dumont, Director, Digital Accounting from Iron Mountain, Inc., which is using NetSuite OneWorld to run its global business operations; Greg Ho, COO of Spring Mountain Capital, a financial services firm; Ann Massey, CFO of Cover-All Technologies, which switched to NetSuite from Microsoft Great Plains; and Alex Diaz-Asper, CFO of TARP Worldwide, a customer experience agency that is using OpenAirs professional services automation software. (Thats me, second from right, if you squint.)

NetSuite executives last rang The Closing Bell on December 20, 2007, the day that NetSuite began trading on the NYSE in connection with its initial public offering under the ticker symbol N. Not such a good year: NetSuite went public at $39 per share and closed yesterday at under $7. But then, who cares? Oracle founder Larry Ellison owns 70% of the stock.

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