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2005-10-19
Akamai Announces Executive Appointments
Akamai Technologies, Inc., a service provider for accelerating content and business processes online, yesterday announced two key executive appointments and a planned transition in leadership of the Company's finance organization.

Robert Cobuzzi, Akamai's current Chief Financial Officer, will retire early next year and will be replaced by J. Donald (J.D.) Sherman; and Michael M. Afergan will become the Company's new Chief Technology Officer, effective immediately, filling an open position.

Mr. Sherman currently is the Chief Financial Executive of IBM's $21 billion Systems and Technology Group. Previously, Mr. Sherman held a number of senior executive positions in Finance at IBM, including Vice President of the Server Division, and Assistant Controller for Corporate Financial Strategy and Budgets. He has an M.B.A. from the University of Chicago and a B.A. in Economics from Emory University.

"I am delighted to welcome J.D. Sherman to Akamai," said Paul Sagan, Akamai's President and CEO. "J.D. is an accomplished finance executive with broad knowledge of the information technology industry. We believe Akamai will benefit from J.D's experience and insights into the future of Internet-based enterprise computing and the direction of the I.T marketplace in general."

Mr. Afergan, the Company's new CTO, is a veteran of Akamai's distinguished engineering organization. He joined Akamai in 1999 and has served in various roles within Akamai's Engineering and Product Management departments, including Director of Technology Strategy and Director of Load Balancing and Mapping. In these roles, he was instrumental in helping to drive innovation based on customer requirements - working on a variety of Akamai's products and with many of Akamai's largest customers directly.
 
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