Lead CA Sales Exec. to Depart

CA, a provider of IT management software for businesses, said its chief of worldwide sales, Greg Corgan, is leaving the company, just one week after it disclosed discrepancies in the methods it used to account for sales commissions, The Wall Street Journal Online reports.

Corgan, who held the post since 2004, represents the most recent CA staff departure in a string of senior management resignations over the past couple of months, due in part to an accounting scandal, according to the Journal.

Islandia, N.Y.-based CA also announced on Monday a restructuring of its sales staff, including a series of promotions of existing staffers. For more, check out the June 5 CA press release.

For related news coverage, read CA Delays Final Q4, FY ’06 Financials, Restates Q3.

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