Newgaard leaving Compaq

Gary Newgaard, vice president of sales and marketing at Compaq Computer

Corp.'s federal division, announced this week he would resign effective

March 10.

Newgaard, who has been with Compaq for 15 years, would not elaborate on

his decision to leave, other than to say he would be "pursuing personal

interests." Those close to Newgaard said he was in negotiations with several

companies and had not yet made a decision on where he will be going.

"[Newgaard's] leadership and his knowledge of the government IT market have

driven Compaq's outstanding performance in the federal IT space," said Don

Weatherson, president of Compaq Federal. "It is with regret that I have

accepted [his] resignation."

An interim successor will be appointed shortly, and Newgaard's resignation

should not affect Compaq's ability to "continue to deliver industry-leading

products, services and solutions to federal government customers," Weatherson

said.