🚀 go-pugleaf

Heres a bit of news:

Collas out as Amiga president
 
Top exec gone after less than eight months at the helm of Gateway
subsidiary.
 
By Charles Cooper, ZDNN
September 1, 1999 11:39 AM PT 

Jim Collas has resigned as president of Amiga after less than nine
months on the job.
 
It was not clear why Collas left the post. A spokesman for the company
said Collas had resigned to pursue personal interests. Amiga said it had
promoted vice-president and chief operating officer, Tom Schmidt, to
fill the vacancy.

Separately, Collas registered to sell 118,000 shares of Gateway's common
stock, according to forms released Wednesday by the Securities and
Exchange Commission.

The departure of Collas comes less than a month after the company
orchestrated a high-profile coming-out party for the unit, which is a
separate subsidiary of Gateway.


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Gateway (NYSE:GTW), which paid about $13 million to acquire the rights
to 47 Amiga patents, is attempting to revive the once-popular computer
brand. Collas and other executives involved in the project had indicated
interest in developing Internet-related products based around Amiga
technology.

Collas, who held a variety of management posts during his seven years at
Gateway, had eagerly pressed company CEO Ted Waitt and was subsequently
granted the top job at Amiga in January.

He also urged Waitt to let him run Amiga as a separate company.

Before joining Amiga, Schmidt worked as a general manager for Allied
Signal, running one of the company's business units. He was not
immediately available for comment.  
-- 
Adrian Japp