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Short Take: Baan names CFO

Business management software maker Baan named Klaas Wagenaar its new chief financial officer. He replaces Jan Westerhoud, who resigned for "personal reasons." Wagenaar, 38, has held a variety of senior finance and executive positions in Belgium, the Netherlands, and Nordic countries with the Cap Gemini Group, an international consulting firm.

Business management software maker Baan named Klaas Wagenaar its new chief financial officer. He replaces Jan Westerhoud, who resigned for "personal reasons." Wagenaar, 38, has held a variety of senior finance and executive positions in Belgium, the Netherlands, and Nordic countries with the Cap Gemini Group, an international consulting firm.