11/6/01

ELDRED TO BE VISITING EXECUTIVE IN AU COLLEGE OF BUSINESS

AUBURN - Silicon Valley entrepreneur Kenneth Eldred will be the Lowder Visiting Executive in the Auburn University College of Business on Nov. 13-14.

Eldred founded several successful companies, including Ariba Technologies, Inc.; Inmac,; Crosspoint Venture Partners; Mysoftware Co.; and Norm Thompson Outfitters, Inc.

He is the Chairman of Parakletos @Ventures, a venture capital firm focused on investing in telecommunication infrastructure and business-to-business services in the United States and Asia.

A native of the San Francisco area, Eldred graduated from Stanford University with an undergraduate degree in Political Science and a Masters in Business Administration. While enrolled at Stanford, Eldred spent two years studying in France and Switzerland.

Eldred will speak to two marketing classes, a finance class and a management class on his first day at AU. On Tuesday, business faculty, staff and students will host a reception in his honor at 8:30 am. Eldred will also participate in a roundtable discussion with graduate students and faculty at 2 p.m.

The Robert and Charlotte Lowder Visiting Executive-in-Residence program provides students and faculty with an opportunity to interact with prominent executives for an open exchange of views on current issues and to gain insight into the business world.

The program is made possible through an endowment by Robert and Charlotte Lowder of Montgomery. Lowder, a 1964 graduate of the AU College of Business and a member of the AU Board of Trustees, is chief executive officer of Colonial BancGroup.

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