Technology >> CEO Interviews >> September 23, 2002

Karen Basian – 724 Solutions Inc (svnx)

Karen Basian joined 724 Solutions Inc., in February of 1999 as Chief Financial Officer. Prior to joining 724 Solutions, Ms. Basian was CFO and VP Finance at Hostess Frito-Lay, helping to bring the division to a new level of profitability and market share. Ms. Basian initially joined PepsiCo in 1994 as Finance Director for Hostess Frito-Lay, and in 1995 became Director of Strategic Planning for Frito-Lay North America. Ms. Basian has also held positions with Deloitte and Touche, where she specialized in International Tax, and Bain and Company as a Consultant. Based in Bain's London, UK office, Ms. Basian was involved in financial services, mergers and acquisitions and supply chain management with projects throughout Europe and Scandinavia. In 1991, Ms. Basian joined Bain's Canadian team as a Manager to assist in the development of the first Canadian office in Toronto. In North America, Ms. Basian played a key role in Bain's reengineering and customer retention practices as they applied to Telecommunications, Financial Services and Aviation. Ms. Basian has an Honor BA, Business Administration from the University of Western Ontario, an MBA from IMEDE, Lausanne, Switzerland and is a Chartered Accountant. She is also a member of the Board of Directors of the Alumni Association for the University of Western Ontario. Profile
TWST: Can we start out with a quick overview of 724 Solutions and

how you see the company today?

Ms. Basian: 724 Solutions started out in its conception and is

still very much today focused on