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Interwoven looking for new CEO

Headshot of David Becker
Headshot of David Becker
David Becker Staff Writer, CNET News.com
David Becker
covers games and gadgets.
David Becker
Software maker Interwoven, a specialist in products, announced Wednesday that John Van Siclen, the company's president and CEO, has resigned. The company did not give a reason for the departure. Chairman Martin Brauns will serve as interim CEO while the company searches for a successor.

In a separate announcement, Interwoven announced preliminary financial results for the first quarter of 2003, which ended March 31. The company said it expects to report a net loss of 9 cents or 10 cents per share on revenue of $24.5 million to $25.5 million when it issues final numbers April 17. That compares with a loss of 15 cents a share on revenue of $32.7 million for the same period a year ago.