Article: People in the News.(News Desk)(StreamBase Systems has appointed Mark Palmer)(Milestone Capital Inc. has appointed Douglas McGann)(Brief article)

Byline: Editorial Staff

StreamBase Systems, a Lexington, Mass.-based supplier of complex event processing technology, has promoted Mark Palmer, president and COO since April, to chief executive. Palmer replaces Chris Risley, who joined as CEO in August 2007-succeeding Barry Morris-and will continue as chairman of the five-year-old company. "This is the perfect time to hand over day-to-day leadership of the company to Mark," noted Risley, former CEO of Nominum, a provider of network naming and addressing systems to communications carriers. "We've worked together for six months and I'm very pleased to support Mark in his new role as CEO." As an executive at ...

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