Ariba Names Frankola Chief Financial Officer

Ariba

(ARBA)

named Jim Frankola its chief financial officer, succeeding Robert Calderoni, who was recently named chief executive.

Previously, Frankola was a senior officer with

Avery Dennison

(AVY) - Get Report

.

Ariba also said Tuesday it received a pact for software to manage online sourcing for

General Dynamics

(GD) - Get Report

.