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Sun Microsystems has appointed Michael Lehman as chief financial officer, replacing current chief financial officer, Steve McGowan, effective February 22, 2006. Sun has been conducting a search for a new CFO since McGowan announced his plans to retire from the post in October 2005. McGowan, who has served as Sun's CFO and executive vice president of Corporate Resources since July 2002, will remain at Sun as executive vice president of Finance and will work closely with Lehman to ensure a seamless transition. Lehman and McGowan will report directly to Scott McNealy, Sun's chairman and chief executive officer.

Lehman, former executive vice president, Corporate Resources and chief financial officer from 1998 to 2002, returns to Sun after serving on the company's board of directors in various capacities. Since 2002, he has served as a business consultant while sitting on the boards of Echelon Corporation, MGIC Investment Corporation and NetIQ Corporation. Lehman will maintain his director position on the board of MGIC Investment Corporation.

Sun also announced today that Robert Finocchio, Jr. has been elected to the company's board of directors. Finocchio will also join Sun's audit committee effective immediately and qualifies as an "audit committee financial expert" under SEC rules.

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