BNET Industries

Market Cap:$1.0B
Last Fiscal Year Sales:$687.4M
  • Public
  • US
Dow Jones Description

Sapient Corporation ("Sapient" or the "Company"), a global services firm, helps clients compete, evolve and grow in an increasingly complex marketplace. We market our services through two primary areas of focus - Sapient Interactive and Sapient Consulting - positioned at the intersection of marketing, business and technology. Sapient, one of the world's largest independent interactive marketing agencies, provides brand and marketing strategy, creative work, web design and development and emerging media expertise through its Sapient Interactive services. With the addition of SapientNitro ("Nitro"), a global advertising network we acquired on July, 1, 2009, Sapient Interactive can now offer an integrated advertising service, combining the traditional advertising capabilities of Nitro with Sapient Interactive's digital commerce and marketing technology services. Sapient Consulting services provide business and information technology ("IT") strategy, process and system design, program management, custom development and package implementation, systems integration and outsourced services, including testing, maintenance and support. Founded in 1990 and incorporated in Delaware in 1991, Sapient maintains a strong global presence with offices in North America, Europe, Australia and Asia. Our service revenues for the three months ended September 30, 2009 were $165.5 million, a 7% decrease compared to service revenues for the same period in 2008. ...

Finance Director
Karandeep Singh
Number of Employees 6,360
Contact Information

25 First Street

Cambridge, Massachusetts 02141

sapient.com

617 621 0200

NAICS Code Computer Systems Design Services: 541512

Recent Events

  • Target zeros in on its team of e-commerce platform builders

    1/13/10 - Licensing / Contract - View Story

  • Sapient Interactive Announces Key Appointments To Its Boston Headquarters

    11/09/09 - Mgmt. Change - Entering - View Story

  • Sapient Interactive Strengthens Boston Leadership

    11/09/09 - Mgmt. Change Entering - Other - View Story

  • Sapient Guides Above Revenue Estimates

    11/05/09 - Financial Announcement - View Story

  • Singapore Airlines Selects Sapient Interactive to Elevate Online Experience

    9/24/09 - Licensing / Contract - View Story

  • Sapient Appoints Scott Linnen Creative Director

    9/02/09 - Mgmt. Change Entering - Director - View Story

  • Sapient to Announce First Quarter Financial Results on May 7

    4/21/09 - Financial Announcement - View Story

  • Sapient Plans Layoffs; CFO Resigns

    2/12/09 - Mgmt. Change Leaving - CFO - View Story

  • Stockwire.com: Sapient (NASDAQ: SAPE) just released some important news.

    1/29/09 - Financial Announcement - View Story

  • Shubert Ticketing Partners with Sapient to Revitalize Telecharge.com Online Brand

    11/19/08 - Joint Venture / Alliance - View Story

  • Sapient Acquires Derivatives Consulting Group Limited

    8/07/08 - Merger / Acquisition - View Story

News & Analysis

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earnings and sapient corp. and seeking alpha - All News and Analysis

Decision Makers

Name (plus bio) Position
Karandeep Singh Finance Director
Alan Herrick CEO
Chris Clarke CEO Sapientnitro
Stuart Moore Co-Chief Executive Officer
Benoit Gaucherin CTO & Vice President
Preston B. Bradford Senior Vice President, Chief Operations and Administrative Officer
Stephen P. Sarno Corporate Controller
Alan Wexler Senior Vice President
Amy B. Shah Senior Vice President
Christian Oversohl Senior Vice President and European Lead
Christopher Davey Senior Vice President
Jane Owens General Counsel
John Boushy Senior Vice President, Operations
Susan D. Cooke Senior Vice President, Focusing
Brad Simms Vice President and General Manager
Changappa Kodendera Managing Director & Vice President
Clayton Locke Managing Director & Vice President
Gail Scibelli Vice President, Corporate Communications
Greg Whitacre Vice President, Product
Hank G. Summy Managing Director & Vice President
Jeff Jarret Vice President, Managing Director
Joseph G. Carrolo Vice President
Lawrence R. Colvin Vice President
Mark Berler Vice President, Technology
Mike McFall Vice President, Marketing
Mike Reid Managing Director & Vice President
Milind Godbole Managing Director & Vice President
Nigel Vaz Vice President and Head
Soumya Banerjee Managing Director & Vice President
Tim Smith Managing Director & Vice President
Anne Margulies Executive Director
Andrea Edwards Director, Strategy
Dave Gregori Director, Project Management
Juan-Carlos Morales Creative Director
Rob Gonda Director of Marketing Strategy & Analysis
Steven P. Silver Director
Eric Swift Product Manager
Mary McClure General Manager, Consumer Product Technology
Paul Inman Marketing Manager
Tina Franklin Development Manager, Systems
Andrew Schultz
Dan Willis User Experience Consultant
Deirdre Frey Web Developer
John Towell
Ronald Tsang
Verwandte Themen

Board of Directors

Name (plus bio) Position
Gaston Legorburu Board of Directors
Joseph S. Tibbetts Board of Directors
Bruce D. Parker Compensation Committee Chairman
Hermann Buerger Audit Committee Chairman
Dennis Chookaszian Board of Directors
Scott Krenz Board of Directors
Jim Benson Board of Directors

Karandeep Singh, Co-Founder of Aspire, is Director (Finance) at Sapient. He has more than 14 years of financial planning and control experience across India, the Middle East, South East Asia, Greater China, Australia and Japan. Karandeep was formerly Director (Finance) for Dell's BPO operations in India and prior to that, he was VP (Finance) at Moser Baer. Karandeep also serve at Ariba as Regional CFO based in Singapore, and at Yum Restaurants as Finance Manager for the Middle East and North Africa. Karandeep started at Andersen Consulting after completing his CA (with AF Ferguson & Co.) and B. Com (Honours) from Delhi University. He was the University Gold Medalist.

Organization Position Status
Ariba, Inc. Regional CFO Current
Sapient Corporation Managing Director, India Current
Ariba, Inc. Finance Manager Former
Aspire India Co-Founder, Aspire Current
Sapient Corporation Finance Director Current
Sapient Corporation Director Current

Alan Herrick is President and CEO of Sapient and serves on its Board of Directors. Herrick works closely with the Sapient leadership team to set strategy and foster a culture of innovation. Prior to his appointment as President and CEO, Herrick served as Executive Vice President in charge of Sapient North America and Europe. In that role, he headed three of the company's four business units and was responsible for 90 percent of its revenues. Herrick joined Sapient in 1995, and was instrumental in top- and bottom-line growth for the aforementioned business units, including Sapient's Trading and Risk Management business. He also headed the Energy Service business and helped launch the company's industry groups in 1998. In addition, he led our European business while living in London from 2000 to 2002. Prior to joining Sapient, Herrick held key management positions at PSE&G, Prudential, and Home Holdings Inc. He earned a bachelor's degree from The University of Rhode Island.

Organization Position Status
Sapient Corporation CEO Current
Microtune, Inc. President and CEO of Sapient Current
Auvitek International Ltd. President and Chief Executive Officer Current
Sapient Corporation President Current
Sapient Corporation Board of Directors Current

At the tender age of 23, Chris founded Pure Creative, which quickly expanded into seven offices, becoming one of Asia's hottest creative agencies. Pure Creative housed a blue-chip client base that included Mars, Inc., P&G, Australian Tourist Commission and Coca-Cola. In late 1999, Chris sold Pure Creative to Bcom3 (Leo-Burnett - D'arcy). Chris then founded Nitro. Nitro's first office was in Shanghai and then subsequently opened offices in Melbourne, London, Moscow, Sao Paulo, Tokyo and New York. Chris oversaw Nitro's recent merger with Sapient, becoming CEO of SapientNitro. As Chris continues to play a guiding role in our powerful global network, he remains passionate and active in many philanthropic endeavors, including a 'Celebration of Life', a children's charity helping to rebuild the Royal Children's Hospital, and Millennium Promise, whose mission is to supply villages in need, around the world, with the basic essential elements needed to become self sustaining.

Organization Position Status
Sapient Corporation CEO Sapientnitro Current
Pure Creative, LLC Founder Current
Nitro Company Founder Former

Organization Position Status
Sapient Corporation Co-Chief Executive Officer Current
Sapient Corporation Co-Chairman of The Board of Directors and Co-Chief Executive Officer Current
Sapient Corporation Founder Current
Sapient Corporation Co-Chairman of The Board of Directors Current
Sapient Corporation Director Former
University of California, Berkeley Degree In Computer Science Former

Organization Position Status
Sapient Corporation CTO & Vice President Current

We are passionate about understanding and reaching our clients' customers. Once we connect with them, we deliver compelling brand messages. How do we do it? Sapient helps make data actionable for our clients by harnessing technology. We use technology as a framework to how we deliver and optimize ideas in the marketplace. Legorburu has been a driving force in the evolution of the interactive marketing business since co-founding Planning Group International (PGI). Under his leadership, PGI became the largest privately held interactive agency in the United States and was acquired by Sapient in 2006. Throughout his career, Legorburu has spearheaded some of the most successful online campaigns in the history of the Internet. He has partnered with clients in industries ranging from financial services and travel and leisure to technology and food service.

Organization Position Status
Sapient Corporation Senior Vice President and Chief Creative Officer Current
Sapient Corporation Executive Director and Worldwide Creative Officer Current
Sapient Corporation Board of Directors Current

Joe Tibbetts oversees all financial operations for Sapient and focuses on global financial strategy and planning. He ensures that all offices practice fiscal responsibility in business dealings, and that we are fully accountable to shareholders, investors, and governing bodies. Tibbetts has over 30 years of experience in finance, primarily working with technology and technology-related services organizations. Prior to joining Sapient, he was Senior Vice President and CFO at the enterprise software and services company, Novell, Inc. Tibbetts has also contributed his financial and technology sector expertise to Charles Rivers Ventures as administrative general partner, and served as Chief Financial Officer at Lightbridge, Inc. and SeaChange International, Inc. Earlier in his career, at Price Waterhouse LLP (now PricewaterhouseCoopers LLP), Tibbetts built a 20-year track record of success that included responsibilities as an audit partner and national director of the firm's software services group. He holds a bachelor's degree from the University of New Hampshire in business administration.

Organization Position Status
Auvitek International Ltd. Senior Vice President and Chief Financial Officer Current
Sapient Corporation Senior Vice President & CFO Current
Microtune, Inc. Current
Sapient Corporation Board of Directors Current
Novell, Inc. Chief Financial Officer & Senior Vice President Former
SeaChange International, Inc. Chief Financial Officer Former
Charles River Ventures, Inc. partner Former
PricewaterhouseCoopers audit partner Former
Sapient Corporation Principal Financial Officer Former
Charles River Ventures, Inc. administrative Former
University of New Hampshire bachelor's degree in Business Administration Former

Organization Position Status
Sapient Corporation Senior Vice President, Chief Operations and Administrative Officer Current
Auvitek International Ltd. Senior Vice President, Chief Operations and Administrative Officer Current
Microtune, Inc. Senior Vice President, Chief Operations and Administrative Officer Current

Organization Position Status
Sapient Corporation Chief Accounting Officer Current
Sapient Corporation Vice President Current
Sapient Corporation Corporate Controller Current

Since joining Sapient in 1998, Wexler has held a number of key management positions, including Vice President and Managing Director of Sapient's Technology and Communications Group. He launched Sapient's Global Wireless Group, and led our Media, Entertainment, and Communication Group in New York. Prior to joining Sapient, he founded and operated a management and technology-consulting firm. Wexler is a frequent speaker at industry events and has been interviewed and featured in publications such as the Wall Street Journal. He earned a BS in Computer Science and an MBA from Rider University in New Jersey.

Organization Position Status
Auvitek International Ltd. Senior Vice President and North American Lead Current
Sapient Corporation Senior Vice President Current
Microtune, Inc. Senior Vice President and North American Lead Current
Sapient Corporation Managing Director & Vice President Former
Rider University MBA Former
Rider University BS In Computer Science Former

Organization Position Status
Sapient Corporation Senior Vice President Current
Sapient Corporation Vice President Former

Organization Position Status
Sapient Corporation Senior Vice President and European Lead Current
Auvitek International Ltd. Senior Vice President and European Lead Current
Microtune, Inc. Senior Vice President and European Lead Current
Sapient Corporation Vice President and Managing Director Current
Launch Group Ltd Founder Former
University Corp. PhD In Marketing Former
University of California, Berkeley PhD In Marketing Former
Koblenz Degree In Business Administration Former

Organization Position Status
Sapient Corporation Senior Vice President Current

Organization Position Status
Sapient Corporation Senior Vice President and General Counsel Current
Auvitek International Ltd. Senior Vice President, General Counsel and Secretary Current
Microtune, Inc. Senior Vice President, General Counsel and Secretary Current
Sapient Corporation General Counsel Current
Sapient Corporation Secretary Current
Leadership and Company Board of Directors Current

Organization Position Status
Sapient Corporation Senior Vice President, Operations Current

Organization Position Status
Sapient Corporation Senior Vice President, Focusing Current

Organization Position Status
Sapient Corporation Vice President and General Manager Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Vice President, Corporate Communications Current

Organization Position Status
Sapient Corporation Vice President, Product Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Vice President, Managing Director Current

Organization Position Status
Sapient Corporation Vice President Current

Organization Position Status
Sapient Corporation Vice President Current

Organization Position Status
Sapient Corporation Vice President, Technology Current

Organization Position Status
Sapient Corporation Vice President, Marketing Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Vice President and Head Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Managing Director & Vice President Current

Organization Position Status
Sapient Corporation Executive Director Current

Organization Position Status
Sapient Corporation Director, Strategy Current
Sapient Corporation Director, Strategy Former

Organization Position Status
Sapient Corporation Director, Project Management Current
Sapient Corporation Director, Project Management Former

Organization Position Status
Sapient Corporation Creative Director Current

Organization Position Status
Sapient Corporation Director of Marketing Strategy & Analysis Current

Organization Position Status
Sapient Corporation Director Current

Organization Position Status
Sapient Corporation Product Manager Current

Organization Position Status
Sapient Corporation General Manager, Consumer Product Technology Current

Organization Position Status
Sapient Corporation Marketing Manager Current

Organization Position Status
Sapient Corporation Development Manager, Systems Current

Organization Position Status
Quiconnect, Ltd. Chief Executive Officer Current
Sapient Corporation Current
Quiconnect, Ltd. Quiconnect's Head of Marketing and Strategy Former
Motorola, Inc. engineer Former
Kellogg School of Management at Northwestern University MBA Former
Stanford University Degrees In Economics and Electrical Engineering Former

Organization Position Status
Sapient Corporation User Experience Consultant Current

Deirdre graduated from Cornell University's Engineering School in 1999. After being a Web developer and consultant with Sapient in Boston for a few years, she left her job to finally pursue her dream of becoming a veterinarian. In preparation, she worked as a veterinary technician at South Bay Veterinary Group in Boston. In August of 2003, she moved to Philadelphia and worked part-time at the VCA Cat Hospital while starting PhilaPets.com and applying to veterinary school. Deirdre has been around animals her whole life, growing up with dogs and cats and hamsters and birds and gerbils and fish and frogs and various other creatures. She's been involved in programs such as Phinney's Friends. She also has spent time at the Philadelphia Animal Welfare Society doing spay and neuter work. Deirdre had two life dreams since she was a child: to have her own business and to work with animals. PhilaPets married the two. Helping to create and build PhilaPets has truly been one of the most rewarding, challenging, and exciting ventures she has ever been a part of in her entire life. The pets, clients, and Pet Care Specialists she has gotten to know over the years have all been absolutely wonderful. She continues to instill in the company a sense of superb quality, attentive customer service, and active community involvemen

Organization Position Status
Philapets CEO Current
Sapient Corporation Web Developer Current
Pet Friendly Living Current
Engineering School Former

John Towell is an innovative software architect with over 8 years experience in enterprise Java. After a successful career start with Sapient Corporation, John went on to work as lead engineer for several startup companies and has formed highly productive engineering teams. A skilled Java developer and process engineer, John leverages agile processes and open source software to create high quality and highly scalable software. John has delivered numerous applications across many sectors with emphasis on financial services and corporate real estate.

Organization Position Status
Invu Technology Inc Senior Architect Current
Sapient Corporation Current

Ronald is currently working for Sapient, a Technology consulting company based out of Toronto. Though he is employed in the private sector, he brings diverse and varied experiences and educational background to his work. Prior to his position at Sapient, Ronald spent time in grad school at the University of Waterloo, studying business, entrepreneurship and technology. He has worked in Toronto, Boston and East Africa. His previous experiences include teaching and coordinating an ESL program for refugee and immigrant children in Boston (BRYE - Boston Refugee Youth Enrichment), facilitating programing for youth in Regent Park (Pathways to Education) and working for an early stage social entrepreneurship in western Kenya that works with rural farmers to increase their income (One Acre Fund). Ronald practices Kung Fu and plays soccer outside of work.

Organization Position Status
Sapient Corporation Current
Youth Challenge Fund Board of Directors Current

Organization Position Status
Sapient Corporation Current

Mr. Parker has been a director since September 1995. He served as Executive Vice President of Sapient from December 1999 until his retirement in July 2002. Mr. Parker has served as the Chairman, CEO and President of AirNet Systems, Inc., an Express Cargo Airline, since December 2006. He also serves as President of the IT Management Group LLC, a consulting company he founded after retiring from Sapient in 2002. Prior to joining Sapient, Mr. Parker served as Senior Vice President and Chief Information Officer at United Airlines, Inc. from December 1997 until December 1999. From September 1994 to December 1997, Mr. Parker was Senior Vice President Management Information Systems and Chief Information Officer at Ryder System, Inc., a transportation company. Prior to joining Ryder System, Inc., Mr. Parker was an officer of American Airlines and Sabre Computer Services Ltd.

Organization Position Status
Sapient Corporation Compensation Committee Chairman Current
Sapient Corporation Board of Directors Current
AirNet Systems, Inc. CEO Former
AirNet Systems, Inc. President Former
UAL Corporation Chief Information Officer Former
Sapient Corporation Executive Vice President Former
UAL Corporation Senior Vice President Former
AirNet Systems, Inc. Chairman Former
AirNet Systems, Inc. Board of Directors Former

Hermann Buerger has been a member of Sapient's Board and Chairman of its Audit Committee since June 2006. He also serves on the Board for EMS Technologies, Inc. Buerger was formerly a Director at Paging Network, Inc., Ptek Holdings, Inc. (now Premier Global Services), Security Capital Group Incorporated and United Dominion Industries. The bulk of Buerger's career was spent at Commerzbank AG, where he rose to the position of Regional Board Member and CEO of Americas. He has also served as a Trustee at the Virginia Tech Foundation and Co-Chairman of the Business Executive Council the American Council of Germany. In addition, he has been a member of the International Advisory Council Bankers' Association of Foreign Trade Unibanco San Paulo, Brazil, and has served as Vice Chairman of the Institute of International Bankers and a member of the Advisory Board at the Wharton Real Estate Center. Buerger earned a BA in Economics and an MBA from the Virginia Polytechnic Institute and State University. A US citizen, he was born in Germany and served in the US Army.

Organization Position Status
Sapient Corporation Audit Committee Chairman Current
EMS Technologies, Inc. Chairman Current
Alpha Natural Resources, Inc. Board of Directors Current
EMS Technologies, Inc. Board of Directors Current
Commerzbank AG Former
Security Capital Group Incorporated Director Former
Sapient Corporation Director Former
Institute of International Bankers Vice Chairman Former
Paging Network, Inc. Director Former
Virginia Polytechnic Institute and State University MBA Former
Virginia Polytechnic Institute and State University Bachelor's Degree In Economics Former

Organization Position Status
The Health Enhancement Company, Inc. President Current
University of Chicago Graduate School of Business Professor Current
Physicians Preferred Management Consultant Current
ProspX, Inc. Chairman Current
Confie Seguros Director Current
Genstar Capital LLC Board of Directors Current
Marshall & Swift Inc. Director Current
Northwestern Memorial Hospital Director Current
Cbd-Hq Director Current
Beta Gamma Sigma Board of Directors Current
InsWeb Corporation Board of Directors Current
Interocean Financial Group LLC Board of Directors Current
Sapient Corporation Board of Directors Current
CNA Financial Corporation Chairman Former
The London School of Economics Master of Science Degree In Economics Former
University of Chicago Master's Degree In Business Administration Former
Northwestern University Bachelor's Degree In Chemical Engineering Former

Professional Profile Mr. Krenz joined Heidrick & Struggles in 2008. Prior to joining Heidrick & Struggles, Mr. Krenz served as the Chief Financial Officer of Navigant Consulting, Inc., a specialty consulting Company. Mr. Krenz also served as Chief Financial Officer of Sapient Corporation, a Boston based IT services, internet marketing, and consulting firm. His experience includes 20 years with the IT services firm Electronic Data Systems Corporation. At EDS, Mr. Krenz served in a variety of positions including Vice President Treasurer, CFO Europe, Middle East, and Africa, and Controller Corporate Financial Services. He began his career as an auditor with the public accounting firm of Ernst & Whinney. Education Mr. Krenz holds a B.A. in History from Northwestern University, and a M.B.A. from the A.B. Freeman School of Business at Tulane University. He is a Certified Public Account in the state of Illinois.

Organization Position Status
Heidrick & Struggles International, Inc. Chief Financial Officer Current
Sapient Corporation Board of Directors Current
Sapient Corporation CFO Former
Navigant Consulting, Inc. Executive Vice President & Chief Financial Officer Former

Jim Benson has been a member of Sapient's Board since August 2007. He also serves on several other Boards, including the University of Illinois Foundation and The American College Endowment Foundation. Benson is the Chief Executive Officer of Clark Benson LLC ("Clark Benson"), a position he has held since January 2006, and a principal of its parent company, Clark Wamberg, LLC, a position he has held since the company's formation in February 2007. Mr. Benson served as a director of Clark, Inc., the former parent company of Clark Benson, from January 2006 until March 12, 2007. Prior to joining Clark Benson, Mr. Benson served as President and Chief Executive Officer of John Hancock Life Insurance Company, a division of Manulife Financial, from 2002 to 2006. From 1997 to 2002, Mr. Benson served as President of MetLife's Individual Business enterprise, as well as Chairman, President and Chief Executive Officer of two separate MetLife affiliates: New England Financial, and GenAmerica Financial Corporation. Benson earned a BA in economics from the University of Illinois and an MBA from the University of Southern California.

Organization Position Status
Microtune, Inc. Risk Committee Chairman Current
Sapient Corporation Risk Committee Chairman Current
Auvitek International Ltd. Risk Committee Chairman Current
Sapient Corporation Board of Directors Current
John Hancock Life Insurance Company Chief Executive Officer Former
John Hancock Life Insurance Company President Former
Clark, Inc. Director Former
University of Illinois BA In Economics Former
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     SAPE $9.62 -0.14 (-1.43% )
Average Volume 1,018,450
Shares Outstanding 133.10M
Market Cap 1.3B
Year High 10.01
Year Low 4.25
Earnings Per Share 0.66
P/E Ratio 14.58
Dividend N/A
Yield N/A
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