-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JZu7XQN6Wh+YFOMEr4Y+bSlECBTStsZOvZecBQSVrKfHGnWcufi+Q0jDv8hP74bd tw8m0T/8VJvw3+oG/gLK7w== 0000950123-10-021663.txt : 20100305 0000950123-10-021663.hdr.sgml : 20100305 20100305170751 ACCESSION NUMBER: 0000950123-10-021663 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100301 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100305 DATE AS OF CHANGE: 20100305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NAVISITE INC CENTRAL INDEX KEY: 0001084750 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 522137343 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27597 FILM NUMBER: 10661512 BUSINESS ADDRESS: STREET 1: 400 MINUTEMAN RD CITY: ANDOVER STATE: MA ZIP: 01810 BUSINESS PHONE: 9786828300 MAIL ADDRESS: STREET 1: 100 BRICKHOUSE SQUARE 5TH FLOOR CITY: ANDOVER STATE: MA ZIP: 01810 8-K 1 b79982e8vk.htm NAVISITE, INC. e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 1, 2010
NAVISITE, INC.
(Exact name of registrant as specified in its charter)
         
Delaware   000-27597   52-2137343
(State or other jurisdiction of   (Commission File No.)   (IRS Employer Identification
incorporation)       No.)
     
400 Minuteman Road    
Andover, Massachusetts   01810
(Address of principal executive offices)   (Zip Code)
(978) 682-8300
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 1, 2010, NaviSite, Inc. (the “Company”) announced that R. Brooks Borcherding was promoted to President of the Company, effective March 1, 2010, in accordance with the terms of that certain Offer Letter, dated as of March 27, 2009, effective as of April 3, 2009, entered into with Mr. Borcherding, which was previously filed. From April 13, 2009 to March 1, 2010, Mr. Borcherding served as the Company’s Senior Vice President of Sales and Chief Revenue Officer. In connection with Mr. Borcherding’s promotion to President, the Company will modify his compensation, which modification has not been determined as of the date of this filing.
From April 2007 until April 2009, Mr. Borcherding served as the Strategy, Planning and Operations Director of Cisco Systems, Inc. and from March 2005 through April 2007, Mr. Borcherding served as a Practice Leader of Unified Communications at Cisco Systems, Inc. From 2004 to 2005, Mr. Borcherding served as the Global Solutions Director of Avaya Inc.
Mr. Borcherding is 43 years old. There are no family relationships between Mr. Borcherding and any director or other executive officer of the Company.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The exhibit listed in the Exhibit Index below is filed with this report.

 


 

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  NaviSite, Inc.
 
 
Date: March 5, 2010
  By:   /s/ James W. Pluntze    
    James W. Pluntze   
    Chief Financial Officer   

 


 

         
EXHIBIT INDEX
     
Exhibit No.   Description
 
   
99.1
  Offer Letter, dated as of March 27, 2009, effective as of April 3, 2009, by and between the Registrant and R. Brooks Borcherding, is incorporated herein by reference to Exhibit 10.1 of the Registrant’s Current Report on Form 8-K filed on April 13, 2009 (File No. 000-27597).
 
   
99.2
  Press Release of the Registrant, dated March 1, 2010.

 

EX-99.2 2 b79982exv99w2.htm EX-99.2 exv99w2
Exhibit 99.2
NaviSite Appoints R. Brooks Borcherding as President
Andover, MA, March 1, 2010 — NaviSite, Inc. (NASDAQ: NAVI), a leading provider of cloud-enabled enterprise hosting and application management services, announced today the promotion of R. Brooks Borcherding as President. Borcherding will expand his current responsibilities to incorporate overall sales, marketing, operations and service delivery in addition to business planning and day-to-day operations.
“Since joining the company last April, Brooks has successfully sharpened our focus on the large enterprise market,” said Arthur Becker, NaviSite’s Chief Executive Officer. “His promotion to President is recognition of his significant contributions to the business and our continued confidence in his ability to drive the company’s success going forward.” Borcherding’s primary objective will be to accelerate NaviSite’s transformation into the leading provider of complex hosting, application management and cloud solutions for enterprise customers.
“The introduction of our compelling managed cloud solutions will completely disrupt the cloud computing market. This is a truly unique opportunity for NaviSite as we leverage our core strengths in complex hosting and application management to capture a large new addressable market,” said Borcherding. “It’s the combination of great people and superior enterprise-class solutions that excites me most about the potential of our company. I’m thrilled to have this opportunity and look forward to working with everyone at NaviSite to accelerate our success.”
About NaviSite
NaviSite, Inc. (NASDAQ: NAVI— News) is a leading worldwide provider of enterprise-class, cloud-enabled hosting, managed applications and services. The Company provides a full suite of reliable and scalable managed services, including Applications Services, industry-leading Enterprise Hosting, and Managed Cloud Services for enterprises looking to outsource IT infrastructures and lower their capital and operational costs. Over 1,400 customers depend on NaviSite for customized solutions, delivered through a global footprint of over a dozen state-of-the-art data centers supported by approximately 600 professionals. For more information on NaviSite services, please visit www.navisite.com.

 

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