Feeds

CA boss admits long road to recovery

Four years to regain trust

  • alert
  • submit to reddit

Top three mobile application threats

John Swainson, chief exec of CA, has admitted it will take the company four years to regain customers' trust after clearing up its accounting scandals.

Swainson told the FT: "We have a long slog ahead of us." But he said the company should have its new structure in place within 18 months. He also said CA was planning more acquisitions before the end of the year and would continue to buy a couple of companies per year.

Earlier this month CA spent $350m on network management firm Concord. In October last year it paid out $430m for security firm Netegrity.

In September 2004 Sanjay Kumar, ex-boss of CA, was charged with fraud, conspiracy and obstruction of justice over a $2.2bn hole in the firm's accounts.

CA has until 2006 to comply with changes required by US regulators. Better financial controls and management changes to go with a divisional structure. CA is changing from being a provider of general enterprise software to a security services and systems management specialist.

Swainson has spent the early part of this year talking to customers and CA staff.®

Related stories

CA taps Concord for network management push
CA reorganisation puts emphasis on security
Novell man reappears at CA

Application security programs and practises

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.