Commerce One has announced that John Biestman has joined the company as senior director of investor relations. Biestman reports to Peter Pervere, senior vice president.
Biestman, a chartered financial analyst, joins Commerce One from Barclays Capital where he was director and co-head of the Global Technologies Group. Biestman has advised technology companies on acquisitions, divestitures, investment strategies, strategic alliances, risk management strategies and raising capital. Prior to Barclays Capital, he worked with the capital markets division of Morgan Stanley Dean Witter and at First Interstate Bank.
“Effective communication and strong relationships with the investment community are key factors in serving our customers and our shareholders,” said Peter Pervere. “John’s unique understanding of both technology and finance makes him the ideal fit for communicating our business strategy to investors. I look forward to working closely with John as our business continues to evolve.”
Commerce One is located in Pleasanton, California, and creates access to worldwide markets.