an Italian supplier of
computer-aided design (CAD) technology, has announced the appointment of Joseph B.
to the position of managing director and chairman of the
board. Costello most recently served as vice chairman of educational
software company Knowledge Universe, which is partly owned by former
junk-bond king Michael Milken. A 13-year veteran of Cadence Design Systems
before his brief
stint at Knowledge, Costello will be responsible for strategy development,
globalization, and building sales and marketing infrastructure at Cad.Lab.