Executive Appointments

Aurelian Oil & Gas Appoints New Chief Executive Officer

noreply@blogger.com (VT) — Wed, 15 Jul 2009 01:51:06 PDT

The board of directors of Aurelian announce the appointment of Rowen Bainbridge to the Board and as Chief Executive Officer of Aurelian. The appointment will take effect from 27 July 2009. Michael Seymour, the current Managing Director, will become president. He will remain as a director and will continue to be particularly involved in the relationships with ministries and partners in the countries in which the Company is active.

Since its foundation by Michael Seymour in 2002, Aurelian has focused on building up its portfolio of licence interests and has established itself as a leading player in Central Europe with a significant appraisal project in Poland, gas production in Romania and prospective exploration acreage in Poland, Romania, Bulgaria and Slovakia. Aurelian needs to commercialise its resource position through focusing on converting current exploration and appraisal assets to bookable reserves and development projects. The Board has therefore decided it is now appropriate to appoint a Chief Executive Officer with the brief to lead the Company through this next phase of its growth and in particular to drive through the appraisal and development of the cornerstone Siekierki tight gas accumulation in Poland.

Rowen has over twenty-two years of international experience, in both large and small companies, in leading, delivering and executing projects across the energy sector. He has previously held positions as CEO of Ferrexpo Petroleum operating in Ukraine and he was Vice President at BHP Billiton Petroleum where he successfully developed and commercialised a range of upstream oil and gas projects. His combination of project development and operating experience will add significant value as Aurelian progresses the projects in its portfolio.

David Prior chairman of Aurelian said:
“We are delighted that Rowen is joining us. He has exactly the right combination of senior management experience, project development expertise, commercial know-how and entrepreneurial flair that Aurelian will need as it moves its main focus from oil and gas exploration to production and commercial development.”

Michael Seymour, retiring managing director of Aurelian said:
“Although it is sad for me to be stepping to the side, I am absolutely clear that younger blood is needed and that a fresh approach to our projects can and will give them new and greater impetus. I look forward to remaining involved and to helping Rowen to direct the next stage in what we all feel confident will be the successful transition of Aurelian to a mature “E & P” company.”

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Yahoo Names Ex-GE Veteran “Tim Morse” As New CFO

noreply@blogger.com (VT) — Fri, 12 Jun 2009 09:26:39 PDT

Yahoo Names Ex-GE Veteran “Tim Morse” As New CFO

Yahoo! Inc., the leading second most U.S. Internet search engine, on Thursday named “Tim Morse,” a 15-year veteran of General Electric, and currently Altera Corp.'s chief financial officer as its finance chief, replacing the recently departed Blake Jorgensen, the latest move by the Internet company to rebuild itself in the image of its new chief executive.

Morse, who has worked at General Electric Co for 15 years, and was currently senior vice president and chief financial officer at Altera Corp., the Silicon Valley chip company.

Morse will start work at Yahoo on June 17 and take the CFO role on July 1, the Sunnyvale, California-based company said today in a statement. Morse will be reporting to CEO Carol Bartz, who has been reshuffling management and streamlining operations since she took over the helm of the company in January.

Morse, 40, will succeed Blake Jorgensen, who plans to join Levi Strauss & Co. as its finance chief on July 1.

“Tim has a proven ability to translate strategy into structure, process, and execution, and I am delighted that he will be joining my leadership team to help drive Yahoo!'s growth,” Bartz said.

Yahoo turned to Morse because of his ability to manipulate complex organizations, Chief Executive Officer Carol Bartz said. He is perhaps the most high-profile hire to date for Bartz; Yahoo announced Jorgensen's departure as part of a management shakeup in February, about a month after Bartz took over as CEO but has kept him on the job while she searched for his replacement. She has closed businesses, such as Yahoo's travel service FareChase and the storage site Briefcase.

Bernstein Research analyst Jeffrey Lindsay said the appointment of Morse suggested that Bartz wanted someone to focus on “no-frills financial management,” run a tight ship and get into the nuts and bolts of reducing operating expenses.

“The difference was, I think, Blake Jorgensen had come from the investment banking side. He was much more of the strategy and the big picture,” said Lindsay.

“This guy is going to bring a whole bunch of big mature company processes and procedures with him, and would be able to sort a lot of stuff out at Yahoo that has been a bit loose and lackadaisical if you will,” he said.

Morse, will receive an annual salary of $500,000, subject to annual review, and a sign-on bonus of $500,000. He has a target bonus of 100 percent of his base salary, of which 70 percent will be based on company performance and 30 percent on individual performance, Yahoo said in a regulatory filing.

Altera, based in San Jose, California, specializes in programmable chips for communications, industrial, and consumer applications, said a search for Morse's replacement is under way -- appointed James Callas, currently vice president of finance and corporate controller, as acting CFO.

Prior to joining Altera, Morse served as finance chief at General Electric Plastics during his 15-year career at the company. He has a bachelor’s degree in finance from Boston College.

Bartz is slowly filling out her roster of lieutenants, recently hired chief marketing officer Elisa Steele into the fold in February amid a significant reorganization. Yahoo is still searching for a head of international operations after hiring Jeff Russakow in April as the head of a new customer advocacy group created by Bartz.

Shares of Yahoo edged higher to $16.26 in extended trading, from their close of $16.19.

akens.net

AIG appoints new CEO for United Guaranty

noreply@blogger.com (VT) — Tue, 02 Jun 2009 03:36:30 PDT

AIG appoints new CEO for United Guaranty

American International Group has appointed Eric Martinez, Jr, as the new CEO of United Guaranty, a provider of mortgage guaranty insurance based in Greensboro, North Carolina. He succeeds William Nutt, who has left the company.

Mr Martinez has worked with American International Group (AIG) since January 2009 in a variety of positions, including a leadership role at AIG Global Real Estate.

Prior to joining AIG, Mr Martinez was executive vice president of claims, customer care and business operations for Safeco in Seattle, Washington.

Paula Reynolds, vice chairman and chief restructuring officer of AIG, said: "Eric is a very talented executive and well suited to the task ahead. He has successfully realigned organizations to meet new challenges and I am confident that he will make significant progress in setting a successful strategy for United Guaranty."

tradingmarkets.com

ADAidm names new Chief Executive Officer

noreply@blogger.com (VT) — Tue, 12 May 2009 07:55:10 PDT

ADAidm names new Chief Executive Officer

SALT LAKE CITY,

ADA Intelligent Dental Marketing has named Trajan King to be the new Chief Executive Officer. ADA Intelligent Dental Marketing is the joint venture between ADA Business Enterprises, Inc., a wholly-owned subsidiary of the American Dental Association, and Intelligent Dental Marketing. Mr. King was previously the Chief Operations Officer of ADAidm."

your-story.org

GM names new CEO

noreply@blogger.com (VT) — Tue, 31 Mar 2009 02:38:24 PDT

GM names new CEO

Washington - US automaker General Motors announced early Monday that it had named Fritz Henderson as its new chief executive officer, replacing departing Rick Wagoner.

"Fritz Henderson, GM president and chief operating officer, will serve as CEO," the automaker said in a short announcement.

Henderson, 50, was named to his current position in 2008. He was previously vice chairman and chief financial officer.

- AFP
fin24.com

Key Energy Services Appoints New Senior VP, CFO

noreply@blogger.com (VT) — Fri, 27 Mar 2009 04:09:06 PDT

Key Energy Services Appoints New Senior VP, CFO

Key Energy Services announced that T.M. "Trey" Whichard, III has been hired as Senior Vice President and Chief Financial Officer.

Previously, Mr. Whichard was an officer with BJ Services Company serving in various financial capacities since 1989, including Treasurer and Tax Director and most recently as Vice President and Chief Financial Officer from 2002 until the beginning of 2006.

Commenting on the appointment of Mr. Whichard, Dick Alario, Chairman and Chief Executive Officer, said, "I am pleased that we are in a position to have a seasoned, strategic Chief Financial Officer join Key. I think Trey's experience and leadership will be instrumental in taking Key to the next level."

Mr. Whichard received a BBA in Accounting from Sam Houston State University in 1981.

Key Energy Services, Inc. is the world's largest rig-based well service company. The Company provides oilfield services including well servicing, pressure pumping, fishing and rental tools, electric wireline and other oilfield services. The Company has operations in all major onshore oil and gas producing regions of the continental United States and internationally in Argentina and Mexico.

rigzone.com

BBC announces new HR leader

noreply@blogger.com (VT) — Wed, 18 Mar 2009 05:16:08 PDT

BBC announces new HR leader

The BBC has appointed Lucy Adams, currently HR director at law firm Eversheds, to lead HR at the corporation.

Adams will take over as director, BBC People, on 1 June, stepping into the shoes of Stephen Kelly, who left to join Logica at the beginning of the year. She will lead a 475-strong HR team, also taking responsibility for the BBC’s outsourced HR services and sitting on the BBC executive board.

The move is her second within a year, having joined Eversheds in May 2008. Before that she was HR director at Serco Group, where she worked for nine years.

Announcing the appointment, BBC director-general Mark Thompson said: “The BBC can only achieve its goals of serving audiences through a strong, creative and well-motivated workforce. I believe Adams has the energy, vision and the right experience to help us achieve this.”

Adams added: “The BBC is a unique organisation. Its staff create output and services that are hugely valued by countless millions around the world. It is a privilege to join the BBC and make a contribution to the challenging climate ahead.”
People Management Magazine Online

Yahoo names software executive Carol Bartz as new CEO

noreply@blogger.com (VT) — Sun, 22 Feb 2009 08:52:55 PST

Yahoo names software executive Carol Bartz as new CEO

SAN FRANCISCO — Yahoo Inc. named Autodesk Inc. chairman Carol Bartz as CEO, but Wall Street questioned whether the software executive has the experience needed to turn around the Internet media company.

While Bartz is a Silicon Valley veteran with a reputation for being a tough but fair manager, shareholders of Yahoo had hoped for a chief executive with more deal-making credentials who could revive talks with Microsoft Corp.

Yahoo also said Tuesday that President Sue Decker, one of the candidates to succeed Jerry Yang as CEO, will resign after a transitional period. Other names that had been mentioned in the press as possible contenders include News Corp. chief operating officer Peter Chernin and Arun Sarin, ex-CEO of Vodafone Group Plc.

"I think the market may be a little bit disappointed that Yahoo's not going with someone who isn't a little bit more savvy when it comes to technology and media," said Todd Greenwald, an analyst at Signal Hill.

Shares of Yahoo fell 3.6 per cent after news of Bartz's hire was reported on the Wall Street Journal's website, but the stock recovered to end the day down just one per cent at $12.10 as analysts said the end of the two-month CEO search could help bring some stability to the company.

Yang, who co-founded Yahoo, agreed in November to step down as CEO, capping a tumultuous year in which he angered many shareholders by rejecting a $47.5 billion US takeover bid from Microsoft only to see an alternative web search advertising partnership with Google Inc fall apart under U.S. antitrust scrutiny.

Yahoo has struggled to maintain its hold on the Internet search advertising market against Google, and suffered a dizzying stock slide after rejecting Microsoft's bid.

Bartz, 60, was chairman, president and CEO of software company Autodesk for 14 years until she stepped down in April 2006. Under her tenure, Autodesk's revenues rose to more than $1.5 billion US from less than $300 million US, and its share price increased nearly ten-fold, Yahoo said.

More >> canada.com

CBRE Names New CFO, Adds CIO

noreply@blogger.com (VT) — Thu, 19 Feb 2009 06:04:34 PST

LOS ANGELES-CB Richard Ellis Group Inc. has named Robert E. Sulentic as the company's new CFO and has appointed Jim Groch to the newly created position of chief investment officer for corporate finance and strategy. Sulentic is CEO of CBRE's development services business, while Groch is CIO for the development services business.

Sulentic succeeds Gil Borok, who assumed the responsibilities of interim CFO after former CFO Kenneth Kay resigned in November. Borok will resume his responsibilities as the company's EVP and chief accounting officer. Additionally, he will assume the role of CFO of the company's Americas business.

Sulentic in addition to his duties as CEO of the CBRE development services business, served until recently as group president of CBRE's EMEA and Asia Pacific operations. Before that, he was CFO and then CEO of Trammell Crow Co. before its acquisition by CB Richard Ellis in December 2006. In addition to his duties as CFO, he will continue to lead the company's development services business.

Groch will continue as CIO for the development services business along with his new duties as CIO for CBRE. He held a similar position with Trammell Crow Co. before its acquisition by CBRE. Among his responsibilities will be a focus on managing the company's capital structure and balance sheet and overseeing merger and acquisition activities.

Brett White, president and CEO of CB Richard Ellis, comments that in their new roles, Sulentic and Groch will lead the company through the current down cycle and position CBRE to take advantage of an eventual improvement in market conditions.

By Bob Howard
globest.com

ARISE Technologies Appoints Heinrichs Interim CEO and President

noreply@blogger.com (VT) — Wed, 28 Jan 2009 15:21:28 PST

ARISE Technologies Appoints Heinrichs Interim CEO and President

WATERLOO, ON, Jan. 28 /CNW/ - ARISE Technologies Corporation (TSX: APV
and Frankfurt: A3T), which is dedicated to becoming a leader in
high-performance, cost-effective solar technology, today announced that its
Board of Directors has appointed Board Chairman Vern Heinrichs as interim
Chief Executive Officer and President. Mr. Heinrichs will continue to serve as
Chairman of the Board.
The appointment of Mr. Heinrichs as CEO and President follows the
resignation of Bart Tichelman from those positions and as a Director of the
corporation. The Board has retained Korn/Ferry International to conduct the
search for a new CEO and President for the corporation.
"The Board wishes to acknowledge Bart's contributions to the development
and growth of ARISE since he joined us as a Director in 2000 and agreed to
step into the role of CEO and President in February 2008," said Mr. Heinrichs.
"In assuming the roles of CEO and President on an interim basis, I feel
fortunate in knowing that I will be supported by an excellent management team
across ARISE's operations."
Mr. Heinrichs has been a Director of ARISE Technologies since 2001. An
engineer and businessman, he received a B.Sc. and MBA from the University of
Toronto and worked in Shell Oil's economics department for five year,
following which he joined a leading mortgage consulting and brokerage firm in
Toronto, Ontario. After five years, he joined one of his clients, Orlando
Realty Corporation, as Executive Vice-President. During the past 35 years, Mr.
Heinrichs has pursued an international career that has included serving on the
Boards of eight technology-based companies in Canada, the United States,
England, Holland, and Switzerland.

About ARISE Technologies

ARISE Technologies Corporation, based in Waterloo, Ontario, is dedicated
to becoming a leader in high-performance, cost-effective solar technology. The
company operates through three divisions. The PV Cell Division manufactures PV
(photovoltaic) cells at its first manufacturing plant opened in April 2008 in
Bischofswerda, Germany. The division is developing proprietary technology with
a target of achieving a step-by-step progression to a high-efficiency level of
greater than 20 percent. The PV Silicon Division is using a proprietary method
to produce silicon at 7N+ high-purity (99.99999 percent) for PV applications,
based on a simplified chemical vapor deposition process. The division is
focusing on scaling up its process to provide ARISE with control over its
supply, costs, and quality. The PV Systems Division provides complete turnkey
PV solutions for solar farms and rooftop installations under the Ontario
Renewable Energy Standard Offer Program.
The company's shares are listed on the Toronto Stock Exchange under the
symbol APV and on the Frankfurt Open Market Exchange under the symbol A3T.
Additional information is available at www.arisetech.com and www.sedar.com.

For further information: ARISE Technologies Corporation, 65 Northland
Road, Waterloo, Ontario, Canada, N2V 1Y8, Dave Chornaby, Chief Financial
Officer, (519) 772-5732, Dave.Chornaby@arisetech.com, www.arisetech.com

newswire.ca

POLACHI PROMOTES REBECCA FOREMAN JANJIC TO PARTNER

noreply@blogger.com (VT) — Wed, 21 Jan 2009 05:16:26 PST

POLACHI PROMOTES REBECCA FOREMAN JANJIC TO PARTNER

FRAMINGHAM, Mass., January 16, 2009 – Polachi, www.polachi.com, provides Access Executive Search™ services to technology, clean technology, private equity and venture capital companies, announces the promotion of Rebecca Foreman Janjic to Partner. Rebecca joined Polachi in December of 2005 and has demonstrated a proven ability to work closely with the management teams at select VC-backed, early-stage and publicly traded technology companies to identify the highest caliber candidates to fill dedicated C-level positions.

“Rebecca has continued to deliver exceptional results for our clients across the board,” said Peter Polachi, Partner at Polachi. “Her recruiting expertise, coupled with her dedication to quality and client service is a tremendous asset to the company.”

Rebecca has over fourteen years of experience in the executive recruiting industry, having worked with high-technology clients in both the public and private sectors. Prior to joining Polachi, Rebecca was a senior manager at EMC Corporation, where she was responsible for executive recruiting and global staffing programs. At EMC, Rebecca completed executive searches that spanned all of the functional areas of the organization. Before her tenure at EMC, she worked in the High Technology Practice at Korn/Ferry International, where she led the New England CIO functional practice and focused on software and emerging technology clients.

After beginning her career at Massachusetts-based retained executive search firm, Aubin International, Rebecca served as a Director of Executive Recruiting for Internet Capital Group, a publicly traded incubator of business-to-business software and services companies. Rebecca holds an undergraduate degree in Political Science, with certificates of study in Russian and International Relations from Saint Anselm College. She received a Masters degree in Business Administration from the Simmons College School of Management. Rebecca is also an active member for the New England Clean Energy Council’s Fellows Program.

About Polachi
Polachi (www.polachi.com) provides Access Executive Search™ services to technology, clean technology, private equity and venture capital companies. The firm’s partners, all search industry veterans with decades of experience, understand that leading companies deserve access to the absolute best talent on the planet. While traditional executive search firms limit candidate access due to “off-limits” protocol, and newer search firms lack the breadth and depth of connections, Polachi’s Access Executive Search™ model, coupled with unmatched agility, delivers the most accelerated results. Polachi is a founding member of Access Search Partners – a joint venture between leading technology executive search firms to share transparent information and provide unparalleled access to candidates on a national level. For more information please call 508-650-9937 or visit www.polachi.com.

Tredegar Corporation Executive Appointments

noreply@blogger.com (VT) — Fri, 09 Jan 2009 13:18:59 PST

Tredegar Corporation Executive Appointments

RICHMOND, Va., Jan. 9 /PRNewswire-FirstCall/ -- Tredegar Corporation (NYSE: TG) today announced the following promotions:

Nancy M. Taylor is appointed Executive Vice President of Tredegar Corporation. Ms. Taylor's title of President of Tredegar Film Products Corporation and its subsidiaries is unchanged. In addition to leading the Films division, Ms. Taylor assumes responsibility for corporate business development strategy.

Duncan A. Crowdis is appointed Vice President of Tredegar Corporation. Mr. Crowdis' title of President of The William L. Bonnell Company, Inc. and its subsidiaries is unchanged.

Based in Richmond, Va., Tredegar Corporation is a global manufacturer of plastic films and aluminum extrusions.

Website: http://www.tredegar.com/

prnewswire.com