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SAN JOSE, Calif. (AP) - VeriSign Inc., which manages the ".com" and ".net" domain names registry, said Tuesday that Chief Executive Stratton Sclavos has resigned for undisclosed reasons. Analysts were startled by the abrupt departure. The company gave little information about the reason for Sclavos' exit after 12 years as CEO.
Nevertheless, the stock rose about 2.5 percent on the news, gaining 69 cents to close at $27.94 during regular-session trading Tuesday.
William Roper Jr., the former chief financial officer of government technology contractor Science Applications International Corp., was appointed to succeed Sclavos, in a sign the company is focusing on improving profits and reining in spending.
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