Industry & Services >> CEO Interviews >> March 7, 2011
James A. Cannavino was named Chairman of the Board of Direct Insite Corp. in 2000 and Chief Executive Officer in December of 2002. Prior to joining Direct Insite, Mr. Cannavino was Chairman of the Board and Chief Executive Officer of CyberSafe, Inc., a company specializing in network security. Mr. Cannavino previously served as President and Chief Executive Officer of Perot Systems Corporation. While at Perot Systems, Mr. Cannavino led day-to-day global operations, as well as strategic planning. From 1963 through 1993, Mr. Cannavino served in a number of increasingly strategic management positions at IBM, most recently as Senior Vice President responsible for corporate strategy and development. Among his achievements at IBM is the restructuring of the company's $7 billion PC business, an assignment that ultimately led to the development of the IBM PC Company. He also served on the IBM Corporate Executive Committee, Worldwide Management Council and IBM's integrated services and solutions company. In addition, Mr. Cannavino was a Board Member for three IBM joint-venture companies, including Prodigy Services, Inc. Mr. Cannavino currently serves on the board of the National Center for Missing and Exploited Children and the International Center for Missing and Exploited Children. He is also a member of the Advisory Board for NTT Americas. Mr. Cannavino is a longtime member of the board of Marist College in Poughkeepsie, N.Y., where he recently served as Chairman of the Board. Profile
TWST: Please begin with a brief historical sketch of the company and a picture of the things you're doing at the present time.
Mr. Cannavino: We've lived in the area of order to cash and
