February 3, 1998 |
Cad.Lab Inc., an Italian producer of software used in mechanical design, appointed Joseph B. Costello managing director and chairman of its board. Just three months ago, Costello resigned as chief executive of Cadence Design Systems Inc. to join Knowledge Universe, an education technology firm partly owned by former junk bond financier Michael Milken. "It was a case of misalignment," Costello said. "What I wanted to do and what Milken felt he needed were a little different."