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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the Month of March, 2002
AMDOCS LIMITED
Suite 5, Tower Hill House Le Bordage
St. Peter Port, Island of Guernsey, GY1 3QT Channel Islands
Amdocs, Inc.
1390 Timberlake Manor Parkway, Chesterfield, Missouri 63017
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F
Form 20-F X FORM 40-F
----- -----
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES NO X
---- -----
Attached as Exhibit 99.1 and incorporated herein by reference in its
entirety is a copy of the press release issued by Amdocs Limited on March 13,
2002 announcing new senior management appointments.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
AMDOCS LIMITED
/s/ THOMAS G. O'BRIEN
---------------------------------
Thomas G. O'Brien
Treasurer and Secretary
Authorized U.S. Representative
Date: March 19, 2002
EXHIBIT INDEX
EXHIBIT
NO. DESCRIPTION
- ------- -----------
99.1 Amdocs Press Release dated March 13, 2002.
EXHIBIT 99.1
DOV BAHARAV TO SUCCEED AVI NAOR AS PRESIDENT AND CEO OF AMDOCS
MANAGEMENT LIMITED -- EFFECTIVE OCTOBER 1, 2002
NAOR TO BECOME VICE CHAIRMAN OF THE BOARD
NEW YORK, NY -- MARCH 13, 2002 -- The Amdocs Limited (NYSE: DOX) board of
directors today announced new senior management appointments. Dov Baharav will
become President and Chief Executive Officer of Amdocs Management Limited
effective October 1, 2002. Mr. Baharav currently serves as Amdocs CFO. He will
succeed Avi Naor, who will become Vice Chairman.
"Dov has been a driving force behind Amdocs' exceptional growth and industry
leadership," said Naor, Amdocs' current CEO. "His appointment as Amdocs' future
CEO is a recognition of his proven management capabilities and dedicated focus
on Amdocs employees, customers and shareholders. Dov brings strong strategic
planning capabilities together with broad experience in all key management areas
including finance, customer management, human resources and corporate
development. With Dov in charge, backed by Amdocs' outstanding management team,
I have great faith in the company's ability to capitalize on the many
opportunities in the market and to continue Amdocs' industry leadership and
growth in the years to come."
Mr. Baharav said, "Amdocs is a tremendous company. I feel extremely fortunate to
follow a CEO like Avi Naor, whose leadership and commitment have contributed so
significantly to the company's growth and development. Together with Amdocs'
very experienced and talented management team, I am very confident that we can
further strengthen Amdocs' position as a global power in the communications
space."
Amdocs Limited Chairman Bruce Anderson added, "For 20 years Amdocs has had the
great fortune of having a true visionary in Avi Naor, and for the last seven
years the benefit of his leadership as CEO. It was this leadership that
skillfully guided the evolution of Amdocs from a niche software company to the
world's leading provider of billing and CRM solutions to the communications
industry. I am delighted that Avi, in his new position as Vice Chairman, will
continue to contribute on the Board."
Anderson continued, "We are indeed fortunate to have in Dov a manager of similar
qualities and with a great depth of experience. Dov's appointment reflects the
importance of management continuity and is a clear vote of confidence in
Amdocs's business model and strategic approach. With Dov and his outstanding
management team, I am very confident that Amdocs will continue to expand and
strengthen its unparalleled market position."
Baharav, age 51, joined Amdocs in 1991 and served as President of Amdocs, Inc.,
the company's principal U.S. subsidiary, and since 1995 has served as Chief
Financial Officer. In his role as CFO, Baharav oversaw Amdocs' initial public
offering in 1998. Baharav is also a member of the Board of Certen, Amdocs' joint
venture with Bell Canada. Prior to joining Amdocs, Baharav
served as Chief Operating Officer of Oprotech Ltd., a publicly-held company that
develops, manufactures and markets electro-optical devices. Baharav holds
bachelor degrees in physics and accounting as well as an MBA from the University
of Tel Aviv.
ABOUT AMDOCS
Amdocs is the world's leading provider of CRM, billing and order management
systems to the communications industry. Amdocs has an unparalleled success
record in project delivery of its mission-critical products. With human
resources of more than 9,050 information systems professionals, Amdocs supports
a global customer base. For more information visit our Web site at
www.Amdocs.com.
This press release may contain forward-looking statements as defined under the
Securities Act of 1933, as amended, including statements about future changes in
Amdocs' management. Although we believe the expectations reflected in such
forward-looking statements are based upon reasonable assumptions, we can give no
assurance that our expectations will be obtained or that any deviations will not
be material.
Such statements involve risks and uncertainties that may cause future results to
differ from those anticipated. These risks include, but are not limited to, the
effects of general economic conditions, Amdocs' ability to grow in the mobile,
wireline and IP business segments, adverse effects of market competition, rapid
technological shifts that may render the Company's products and services
obsolete, potential loss of a major customer, our ability to develop long-term
relationships with our customers, and risks associated with operating businesses
in the international market. These and other risks are discussed at greater
length in the Company's filings with the Securities and Exchange Commission,
including in our Form 20-F filed on December 27, 2001.
For more information contact:
Amdocs
Greg Kalish
Porter Novelli for Amdocs
Tel: 1-212-601-8470
Fax: 1-212-601-8101
E-Mail: gkalish@porternovelli.com