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Foster Denovo appoints COO
By COO Forum Administrator
2012-05-01

National advisory group, Foster Denovo, has appointed Helen Lovett to the role of chief operating officer.

Lovett will be responsible for managing major strands of the company including IT, HR and sales support. She will also be responsible for preparing the employee benefits function for the Retail Distribution Review.

Her appointment follows that of Darren Laverty's promotion to director of sales and marketing.

The aim of the expansion of the management team is to prepare the company for growth.

Lovett comes from Inter-Alliance where she worked as head of corporate strategy and business systems, prior to that she worked as interim operations director at Parasol Group.

Roger Brosch, chief executive officer at Foster Denovo, said: "Helen will be a very strong and complementary addition to the executive team, as we prepare for growth.

"She has an outstanding record of managing strategic change and leading operational teams predominantly in financial services organisations; it is this blend of experience which has led to her appointment."

Silverfleet's Aesica Pharmaceuticals Appoints Non-Exec Chairman
By COO Forum Administrator
2012-05-01

Aesica Pharmaceuticals, a pharmaceutical contract manufacturer backed by European private equity firm Silverfleet Capital has appointed David Greensmith as non-executive chairman. Greensmith’s previous executive roles include managing director of Fujifilm Imaging Colorants and COO of Avecia Group.

PRESS RELEASE

One of the fastest growing businesses in the UK, Aesica Pharmaceuticals, the pharmaceutical contract manufacturer backed by Silverfleet Capital, the European private equity firm, today announces the appointment of David Greensmith as non-executive chairman.

David has highly relevant experience from operating in the chemical and pharmaceutical markets, as well as through holding a number of private equity backed non-executive chairmanship positions. David’s previous executive roles include managing director of Fujifilm Imaging Colorants and COO of Avecia Group.

David’s appointment comes on the back of news that Aesica chief executive Robert Hardy has been named CEO of the Year for the North East region in the BVCA (British Venture Capital Association) Management Team Awards.

Headquartered in the North East [of England], Aesica exemplifies a UK manufacturing success story. Over the last four years turnover has quadrupled in size from €25 million in 2005 to a forecast of €180 million this year. In the last 12 months alone, the business has doubled its employee numbers to approximately 1300.

Adrian Yurkwich, the partner at Silverfleet Capital with responsibility for healthcare who is on the board as a non-executive director, commented: “David joins at an exciting time for the business. We have recently strengthened links with the US market after the site at Queenborough in Kent passed its first US FDA inspection. This is a particularly significant development for Aesica and will help it to boost credibility in the US market at a time when the company is expanding its presence outside of Europe.

“David has excellent experience as a chairman of private equity backed businesses and understands the dynamics of the pharmaceutical manufacturing sector well. We look forward to working with him.”

David Greensmith commented: ”Aesica is an excellent business with a first rate management team who have achieved impressive growth. The Company expects to continue to deliver strong growth and further strengthen its international footprint.”

Dr Robert Hardy, CEO of Aesica, added: “We are delighted that David has joined the Aesica team. His insight will put us in an even stronger position to achieve our vision of becoming the number one supplier of Active Pharmaceutical Ingredients and Formulated Products to the pharmaceutical industry. We have already made significant strides towards this goal and will continue our focus on organic growth and strategic acquisitions.”

Aesica has manufacturing and development facilities in the UK, Germany and Italy. The company is able to develop products from the initial clinical stage through to final commercial supply and provides primary and secondary contract manufacturing services to the highest possible regulatory standards.

-Ends-
For further information please contact Equity Dynamics:

Jane Kirby: +44 (0) 7825 326 441 jane@equitydynamics.co.uk
Emily Weston: +44 (0) 7825 326442 emily@equitydynamics.co.uk

Notes to editors:
Silverfleet Capital www.silverfleetcapital.com
Silverfleet Capital is a mid-market European private equity firm that specialises
in “buy to build” investments. “Buy to build” describes the approach that Silverfleet takes to creating value in its investee companies which includes: accelerating organic growth through investment in new people, new products and new or bigger production facilities; rolling out successful formats in new locations; or driving growth by making follow-on acquisitions, now widely referred to as buy & build.

Silverfleet Capital backed companies have made in excess of 100 add-on acquisitions since 2000.

An active European mid-market private equity investor for more than twenty-five years, Silverfleet Capital has a consistently strong investment track record. Notable exits include TMF, the global independent administrators (6.2x cost), Phadia, the world’s leading allergy diagnostics company (4.8x cost), Histoire d’Or, the European jewellery retailer (3.2x cost), Sterigenics International Inc and European Dental Partners.

Silverfleet Capital’s current €670m fund is now 40% invested and includes the following portfolio companies:
• Aesica, the pharmaceutical contract manufacturing organisation (October 2011)
• Office, the UK footwear business (December 2010)
• Schneider, a leading German catalogue and on-line retailer of fashion, lifestyle and promotional products (October 2010)
• Kalle, a leading global producer of artificial sausage casings (September 2009)

Silverfleet Capital manages approximately €1 billion and has offices in London, Paris, Munich and Chicago. This office network enables Silverfleet Capital to execute complex, multi-jurisdictional investments as well as to support investee companies with both domestic and international buy & build strategies.

Avocet Mining appoints David Cather as COO – Quick Facts
By COO Forum Administrator
2012-05-01

Avocet Mining Plc (AVM.L: News ) said it named David Cather Chief Operating Officer with immediate effect. David will be based in London and report directly to the Chief Executive Officer, Brett Richards.

David has over 30 years of mining experience. Most recently, he was the Chief Operating Officer with European Goldfields.

Sri Lanka's Commercial Bank appoints new CEO, COO
By COO Forum Administrator
2012-05-01

April 30, 2012 (LBO) – Commercial Bank of Ceylon PLC, one of Sri Lanka's most profitable banks, on Monday announced the appointment of Ravi Dias as Managing Director/Chief Executive Officer.

Dias, 58, was acting MD/CEO since February, after Amitha Gooneratne retired earlier this year.

The bank also said it has appointed Jegan Durairatnam, 54, as Executive Director/Chief Operating Officer, a post earlier held by Dias.

Counting decades of industry experience, Dias holds a degree in Law (LL.B) and is a fellow of the Chartered Institute of Bankers (London). He is also a Hubert. H. Humphrey Fellow.

He was appointed to the Board of Directors of Commercial Bank of Ceylon PLC in December 2010.

Durairatnam joined the Bank in 1982 and his banking experience spans International Trade, Off-shore Banking, Credit, Operations and IT. He has been in the Bank's corporate management team for seven years.

An alumni of the University of Peradeniya, he has served Commercial Bank in several senior management positions, including Deputy General Manager, Assistant General Manager – International Division and Head of Imports.

On the Call: Humana COO James Murray
By COO Forum Administrator
2012-05-01

Humana Inc.'s pretax profits slipped in the retail and employer group segments in the first quarter.

The health insurer had mixed results in its commercial medical membership counts, a factor in its performance in the highly competitive employer group segment.

Humana, based in Louisville, said Monday that its first-quarter profit fell 21 percent as the company paid out more claims and bolstered spending to handle growth in its Medicare Advantage business.

Pretax income in the employer group segment fell from $139 million a year ago to $121 million in the first quarter.

During a conference call to discuss earnings, Humana Chief Operating Officer Jim Murray was asked about the company's commercial business.

QUESTION: Let me ask back on the commercial side, what are you guys seeing now in terms of price competition across your local markets? Have you seen any change, would you say, compared to a year or two ago?

RESPONSE: Breaking it into the various case sizes, the small group block of business seems nicely positioned throughout the markets. Periodically you'll see a market get a little bit hot, but generally speaking we think we're nicely positioned for 2012. We had a nice growth year in 2011 with small group.

On the large group side, the case size that continues to always be highly competitive is what we refer to in the past as the portfolio size cases or 100 to 300 employees per group. And that seems to be very, very competitive in all the marketplaces that we do business. Nothing real crazy in terms of the self-funded competitive landscape. Every now and again you see a quote for a particular case that you scratch your head about, but nothing systematic.

Lawson Products Announces Departure of Chief Operating Officer
By COO Forum Administrator
2012-05-01

DES PLAINES, Ill., Apr 30, 2012 (BUSINESS WIRE) -- Lawson Products, Inc. LAWS -7.86% ("Lawson" or "the Company"), a distributor of products and services to the MRO marketplace, today announced that Harry Dochelli, Chief Operating Officer, is leaving the Company to pursue a senior level position with another organization. As part of the transition plan, Thomas Neri, President and CEO, will assume the COO responsibilities while the Company conducts a search for a replacement.

"Harry has been instrumental in helping us develop our strategy for transforming the business. We are well on our way today -- with the recent implementation of a new ERP system, the construction of our leased state-of-the-art distribution center in McCook, Illinois, and our sales and channel transformation initiatives led by the upcoming launch of our new web site. We thank Harry for his significant contributions to the Company and wish him well in his new position," said Thomas Neri, President and CEO of Lawson Products.

About Lawson Products, Inc.

Founded in 1952, Lawson Products, Inc. LAWS -7.86% , is an industrial distributor of more than 300,000 different maintenance and repair supplies. Lawson Products serves its customers through a dedicated team of approximately 1,800 sales representatives and employees. The Company services the industrial, institutional, commercial and government markets in all 50 U.S. states, Canada and Puerto Rico. You can learn more about Lawson at www.lawsonproducts.com .

SOURCE: Lawson Products, Inc.
       
        Investor Relations:
        Lawson Products, Inc.
        Ronald J. Knutson
        SVP, Chief Financial Officer
        847-827-9666, ext. 2665
        or
        Media Contact:
        Lawson Products, Inc.
        Carolyn Ballard
        Director, Corporate Communications
        847-827-9666, ext. 2251

Conde Nast Entertainment Names Sahar Elhabashi as Executive Vice President, COO
By COO Forum Administrator
2012-05-01

Conde Nast Entertainment Group has tapped MTV and Discovery veteran Sahar Elhabashi as its executive vice president, chief operating officer, the company confirmed to TheWrap.

Elhabashi is a former executive vice president, international of MTV Networks and COO, International of Discovery. Most recently, she has served as the independent non-executive director of the board at the European data center TeleCityGroup.

In her new position, Elhabashi will oversee administrative, financial and strategic planning across all sectors of the division, including motion picture, television, digital and distribution. In addition, she will work closely with CNEG’s senior management team to drive new business models and growth across the division.

Sahar is a seasoned executive,” Conde Nast Entertainment Group president Dawn Ostroff said of the hire. “Her incredible skill set and experience working within large companies coupled with her entrepreneurial spirit will be an invaluable resource as we create new businesses and opportunities that extend our iconic brands.”

Elhabashi joins other recent hires including former Imagine Entertainment executive vice president of production Jeremy Steckler, who serves as CNEG's executive vice president of motion pictures, and Michael Klein, the company's executive vice president of alternative programming.

The Conde Nast Entertainment Group creates feature films, television shows and digital content based on Conde Nast's various brands and magazines.

NFP's CEO Bibliowicz to be replaced by company's COO next year
By COO Forum Administrator
2012-05-01

National Financial Partners Corp.  said its current chief operating officer will replace its CEO, Jessica M. Bibliowicz, who said she would step down next year.

Bibliowicz told the NFP board that she is stepping down as president, effective immediately, and intends to step down as CEO at the end of the first quarter in 2013.

Under the succession plan NFP announced, Bibliowicz will be replaced by Douglas W. Hammond, who took over as president immediately. He will succeed Bibliowicz as CEO in April 2013. He will remain chief operating officer, a position he took over in 2008.

The company provides benefits, insurance and wealth management services to companies and high net-worth individuals. The board asked Bibliowicz, who joined the company as president and CEO in April 1999, to become the non-executive chairman when she steps down as CEO.

Bibliowicz said the company has “accomplished a great deal at NFP over the past thirteen years. With a strong team leading our core businesses, a clear strategy and sound financial position, NFP is well positioned for continued growth. Now is the right time for us to begin the implementation of a smooth year-long leadership transition.”

Bibliowicz said her successor “has been instrumental in defining and implementing our strategy, including the reorganization of our business into client-centric segments, our balanced capital allocation approach, our focus on recurring revenues and our transition to a more unified brand. He is a proven leader with a deep understanding of our core businesses. We are confident that under Doug’s leadership, our talented senior management team will build on NFP’s strengths and shareholder value by continuing to provide exceptional service to our clients.”

Hammond, 46, previously served as NFP’s executive vice president and general counsel from 2004 to 2008 and as its deputy vice president and deputy general counsel from 2002 to 2004. Before joining NFP in 1999, he was an attorney with the law firm currently known as Dewey & LeBoeuf, where he specialized in corporate insurance and regulatory matters and represented NFP’s capital sponsor prior to and during the formation of the company. He also held various business and legal positions in the financial institutions division of Gulf Insurance Group, a specialty lines insurance company.

Lawson Products Announces Departure Of COO Harry Dochelli - Quick Facts
By COO Forum Administrator
2012-05-01

(RTTNews.com) - Lawson Products, Inc. (LAWS) announced that Harry Dochelli, chief operating officer, or COO, is leaving the company to pursue a senior level position with another organization.

As part of the transition plan, Thomas Neri, president and chief executive officer, will assume the COO responsibilities while the company conducts a search for a replacement.

Sunnyvale-based Bloom Energy expands to East Coast behind NUMMI veteran
By COO Forum Administrator
2012-05-01

Bloom Energy is ramping up production in California and expanding to the East Coast, all under the direction of a legendary figure in American auto manufacturing and a founding father of the former NUMMI plant in Fremont.

Gary Convis became Bloom's chief operating office in January, after a 44-year career in the auto industry that included being chairman of Toyota Motor Manufacturing in Kentucky. In December, he stepped down as vice chairman of Dana Holding, a key supplier for the auto industry. Convis, 69, planned to spend time with his grandchildren and work on his golf game.

Then Bloom Energy, the fuel-cell startup based in Sunnyvale that has a bold mission to make clean, reliable energy affordable to everyone in the world, came calling as it prepared to expand. On Monday, Bloom broke ground on its new 200,000-square-foot manufacturing facility in Newark, Del., and announced several new customers, including utilities like Delmarva Power and Washington Gas and corporate customers like Owens Corning, Urban Outfitters and AT&T. The company also confirmed that Apple's (AAPL) new data center in Maiden, N.C., will be powered, in part, by Bloom's fuel cells.

"I got really interested in the technology," said Convis, who oversees manufacturing operations in both Sunnyvale and Delaware.

"I got the bug to work again. When I considered the contributions I could make to clean technology, the environment and creating jobs -- compared to my golf score, it had a lot more relevance."

Fuel cells use hydrogen, natural gas, methane or other fuels to generate electricity through an electrochemical process that produces a fraction of the emissions of a typical power plant and can operate 24 hours a day. For decades, researchers have tried to perfect solid oxide fuel cells, which operate at temperatures above 1,472 degrees and can use fuels other than hydrogen. Bloom Energy says it has solved many solid oxide engineering challenges and that its devices can recycle the waste heat to produce more electricity.

Each Bloom Energy Server -- commonly known as "Bloom Boxes" -- provides 100 kilowatts of power, enough to meet the energy needs of a small office building, and the company's next-generation fuel cells provide 200 kilowatts of power. Within each device are thousands of fuel cells that are sandwiched into stacks. Each energy server contains 64 stacks of fuel cells.

To date, Bloom has shipped its energy servers primarily to California customers such as eBay (EBAY), Google (GOOG) and NASA Ames. But Bloom is adding customers on the East Coast, and the Delaware plant, once operational in 2013, will be the manufacturing pipeline for customers east of the Mississippi and in Europe. Delmarva Power, the local utility, plans to purchase 30 megawatts of fuel cells -- the largest contract with an American utility to date.

"People who have bought it like it," Convis said in an interview at Bloom's Sunnyvale headquarters. "And they are buying more. We're not going to slow down here or reduce jobs here. We're going to keep growing here in Sunnyvale as we grow in Delaware."

States like Mississippi and Oregon are aggressively courting Silicon Valley cleantech startups to locate their manufacturing outside of California with tax incentives and low-interest loans, and many cleantech executives and investors are urging California to fight back and encourage companies to manufacture in-state.

"The cost of housing is really high, and the commute time for workers is an expense," said Convis, who sees traffic congestion on Bay Area freeways as a big challenge for employees and suppliers. "But we pay a competitive wage and benefits package, and we have a good workforce. If we put our minds together, we can overcome the challenges."

Convis was one of three American leaders who ran the Toyota-GM joint venture called NUMMI when it first opened in Fremont in 1984. He is steeped in the Toyota philosophy of "lean manufacturing," which refers to eliminating waste, empowering workers to make suggestions to management, and putting quality controls in place. Bloom, which has about 1,000 employees, has hired more than 30 former NUMMI workers -- one of the main reasons why Convis took the job.

"It's like old home week," Convis said. "The Toyota Way is all about having a continuous improvement mentality, and we're putting it in place here at Bloom. As you start manufacturing in higher volumes, the small steps add up."

Tim Twisselmann, a senior manufacturing manager at Bloom, worked at NUMMI for seven years under Convis' leadership.

"Gary's real claim to fame is instilling teamwork," Twisselmann said. "He gets constant input on how to improve the manufacturing process from the bottom up, and he wants to hear from people who have great ideas."

Another core philosophy of the Toyota Way is respect for workers. When GM ran the auto plant in Fremont, there were separate cafeterias for line workers and managers. Conflicts between union leadership and executives were common. When NUMMI first started, Convis made a point of eating in the same cafeteria as the workers and walking side by side with union leaders on the factory floor.

When a worker alerted Convis to a problem on one of the manufacturing lines, he got up from his desk and inspected the line, ultimately shutting it down until it could be repaired. It was revolutionary at the time.

"I had a bunch of union guys standing in front of my desk," Convis said. "They couldn't believe that I had ordered the line to shut down, and they appreciated it. Workers were not used to being listened to. When you treat people differently, you get a different result."

Gary Workman, Bloom's vice president of quality and a 15-year veteran of the NUMMI plant, helped lure Convis out of retirement.

"Gary has a hard time passing on an opportunity to make a difference," Workman said. "There are not many people in the world considered better at mass manufacturing than he is."

Contact Dana Hull at 408-920-2706. Follow her at Twitter.com/danahull.

Bloom broke ground Monday on its new manufacturing center in Newark, Del.

The site is located on 272 acres formerly occupied by a Chrysler assembly plant and now owned
by the University of Delaware.

It is expected to bring "hundreds" of jobs to the region.

Bloom confirmed Monday that Apple is an existing customer. Apple's data center in Maiden, N.C., will use Bloom's fuel cells. New customers include Delmarva Power, Washington Gas, Owens Corning, Urban Outfitters and AT&T.

Bloom will continue to manufacture in Sunnyvale.

 


Bloom Energy COO, Gary Convis, left, stands in front
of the bloom energy fuel cell box, that produces 400
kilowatts and powers his office building, on Wednesday,
April 25, 2012. Bloom Energy of Sunnyvale makes fuel
cells and is expanding; on Monday 4/30 they open their
second manufacturing facility in Delaware.
(Karen T. Borchers/Staff) ( Karen T. Borchers )

Rubicon Minerals Names Michael Lalonde COO
By COO Forum Administrator
2012-05-01

Rubicon Minerals Corp. (RBY,RMX.TO: News ) Monday appointed Michael Lalonde as the President and Chief Operating Officer, effective June 1. Pursuant to a transition period of six months, Lalonde will then take over as Chief Executive Officer.

David Adamson will remain as CEO during the transition period and thereafter will assume the position of Chairman of the Board.

Facebook to unveil 'life-saving tool' tomorrow
By COO Forum Administrator
2012-05-01

The social-networking titan is mum on details, but CEO Mark Zuckerberg and COO Sheryl Sandberg are slated to make their announcement tomorrow.

Facebook CEO Mark Zuckerberg has a potential "life-saving tool" announcement to make.

Zuckerberg will unveil the tool tomorrow during "Good Morning America," while Chief Operating Officer Sheryl Sandberg will provide more details in an interview during "World News with Dianne Sawyer," ABC said on its site today.

There are few details on the announcement, although ABC has been plugging the segment all morning. Zuckerberg will be showing off the tool at the company's Menlo Park, Calif., headquarters.

 

 

 

 

100 Leaders of Great Hospitals
By Administrator
2012-05-01

Aristotle is famous for saying a person who has never learned to obey can never be a good leader. The axiom still holds true today in any leadership role. For hospital executives in an era of great uncertainty, learning from predecessors and previous experiences is what has made these following 100 hospitals as successful as they are today. Their leadership continues to serve as a primer for the future.

Here are the presidents, CEOs and/or primary leaders of the Becker's Hospital Review 100 Great Hospitals, listed in alphabetical order.

Richard Afable, MD. President and CEO of Hoag Memorial Hospital Presbyterian (Newport Beach, Calif.). Dr. Afable runs the 498-bed Hoag Memorial Hospital Presbyterian, which is the 12th largest hospital in California and the largest independent hospital in Orange County. Previously, he was executive vice president and CMO of Newtown Square, Pa.-based Catholic Health East. Dr. Afable was also founder, president and CEO of Preferred Physician Partners, a physician practice management company based in Ohio.

Robert Bachman. CEO of Emory University Hospital (Atlanta). Mr. Bachman oversees the 573-bed Emory University Hospital, one of the top tertiary care facilities in Atlanta. He started his healthcare career as a respiratory therapist and later became the director of respiratory services at Grady Memorial Hospital and Emory Crawford Long Hospital (now known as Emory University Hospital Midtown). Mr. Bachman also served as director of medical education services for the Emory University School of Medicine before becoming COO of Emory University Hospital in 2001.

Mark Billings. President of Presbyterian Hospital (Charlotte, N.C.). Prior to his appointment as president of Presbyterian Hospital and Presbyterian Healthcare, Mr. Billings served as vice president and administrator of Presbyterian Hospital Matthews (N.C.). He also was the vice president of support services and patient access at Forsyth Medical Center in Winston-Salem, N.C., and before joining the Novant Health organization, Mr. Billings served various roles at naval hospitals and clinics in North Carolina and Virginia.

Marc Boom, MD. President and CEO of The Methodist Hospital (Houston). Dr. Boom became president and CEO of The Methodist Hospital System in January 2012 after having served as executive vice president of the hospital since 2005. He previously served as senior vice president and COO of the hospital, president and CEO of The Methodist Diagnostic Hospital and president, CEO and medical director of Baylor-Methodist Primary Care Associates.

Marna Borgstrom. CEO of Yale-New Haven (Conn.) Hospital. Ms. Borgstrom has been at Yale-New Haven Hospital since 1979, and she became president and CEO in 2005. She is chair of the Connecticut Hospital Association Board of Trustees and a board member on the University HealthSystem Consortium, an alliance of 116 academic medical centers and 264 of their affiliated hospitals. Ms. Borgstrom is also chair of The Country School, a private day-school in Madison, Conn.

David Brooks. CEO of Providence Regional Medical Center (Everett, Wash.). Prior to Mr. Brooks' current role, he was the COO at Central DuPage Health in Winfield, Ill. He has also served executive leadership roles at CHRISTUS Health in Irving, Texas, Lovelace Health System in Albuquerque, N.M., and Henry Ford Health System in Detroit.

Robin Brown Jr. CEO of Scripps Green Hospital (La Jolla, Calif.). Mr. Brown has more than 30 years of healthcare executive experience, and 20 of those years have been in a variety of roles within San Diego-based Scripps Health. He has been CEO of the 173-bed Scripps Green Hospital since 2000, a position he considers to be the most "challenging and rewarding" position of his healthcare career.

Patricia Cassidy. Interim President and CEO of Loyola University Medical Center (Maywood, Ill.). Ms. Cassidy currently serves as the interim president of Loyola University Medical Center and also the president of Loyola Gottlieb Memorial Hospital in Melrose Park, Ill. She also is senior vice president of the Loyola University Health System, which officially became a part of Novi, Mich.-based Trinity Health in July 2011, and is responsible for Loyola's strategic planning.

Shane Cerone. President of Beaumont Hospital (Royal Oak, Mich.). Mr. Cerone first joined Beaumont Hospital, Royal Oak in 2008 as the hospital's senior vice president and COO. Prior to his Beaumont tenure, Mr. Cerone served in various leadership roles at the University of Iowa Hospitals and Clinics and was an adjunct assistant professor in health management with the University of Iowa College of Public Health.

Craig Cordola. CEO of Memorial Hermann-Texas Medical Center (Houston). Mr. Cordola served as assistant vice president and CEO of Children's Memorial Hermann Hospital in Houston for seven years before being named CEO of Memorial Hermann Health System's flagship hospital in September 2010. He is also the associate dean for hospital affairs and community partnerships at The University of Texas Medical School in Houston.

Steven Corwin, MD. CEO of NewYork-Presbyterian Hospital (New York City). Dr. Corwin, a cardiologist and internist, is CEO of both NewYork-Presbyterian Hospital and NewYork-Presbyterian Healthcare System, a group of hospitals and other healthcare organizations in New York, New Jersey and Connecticut. Dr. Corwin became CEO of the hospital in September 2011 after serving as executive vice president and COO of the hospital for six years. He was also senior vice president and CMO of NewYork-Presbyterian Hospital for seven years.

Delos Cosgrove, MD. President and CEO of Cleveland Clinic. Dr. Cosgrove joined the Cleveland Clinic in 1975 and became chairman of the Department of Thoracic and Cardiovascular surgery in 1989. He has published roughly 450 journal articles and has performed more than 22,000 operations, making him one of the leading experts of cardiac surgery and valve repair in the country. Dr. Cosgrove was a surgeon in the U.S. Air Force and served in Da Nang, Republic of Vietnam as the Chief of U.S. Air Force Casualty Staging Flight, where he was awarded the Bronze Star and the Republic of Vietnam Commendation Medal.

Susan Croushore. President and CEO of The Christ Hospital (Cincinnati). As president and CEO of The Christ Hospital in Cincinnati, a 555-bed facility that includes more than 1,000 physicians, Ms. Croushore has focused on workforce retention and quality improvement. She previously served as CEO of Jeanes Hospital-Temple University Health System in Pennsylvania.

Pamela Davis. President and CEO of Edward Hospital (Naperville, Ill.). Ms. Davis has served as president and CEO of Edward Hospital and Health Services since 1988, but she is most known for her large role in the eventual arrest of former Illinois Gov. Rod Blagojevich. Ms. Davis exposed the corruption of the Illinois Health Facilities Planning Board, which demanded she hire their contractors in order to build a new 146-bed facility, by wearing a wiretap for the FBI. She was recognized by the Association of Certified Fraud Examiners for those whistleblowing efforts.

Kyle DeFur. President of St. Vincent Indianapolis Hospital. Mr. DeFur has held his position as president of St. Vincent Indianapolis Hospital since December 2007. He also heads St. Vincent Women's Hospital, St. Vincent Stress Center and Peyton Manning Children's Hospital at St. Vincent. Mr. DeFur was previously president of Saint John's Health System, CEO of Arbor Hospital of Evansville and administrator of Charter Hospital of Rockford (Ill.).

Marie Droege. President of Robert Packer Hospital (Sayre, Pa.). In addition to her role as president of 238-bed Robert Packer Hospital, Ms. Droege is the COO of the Guthrie Healthcare System, which encompasses four hospitals and a large multispecialty physician group. Previously, she was COO of Kaiser Oakland (Calif.) Medical Center and has 14 years of executive management experience at Bon Secours Health System in Marriottsville, Md.

John Dubis. President and CEO of St. Elizabeth Edgewood (Ky.). Before becoming CEO of St. Elizabeth Edgewood and St. Elizabeth Healthcare, Mr. Dubis was executive vice president and COO of St. Elizabeth Healthcare. In total, he has more than 34 years of healthcare executive leadership experience, which has included time served at SSM Healthcare in St. Louis.

John Duval. CEO of Virginia Commonwealth University Medical Center (Richmond, Va.). A little more than nine years ago, the VCU Health System appointed Mr. Duval as the CEO of the hospital. Before joining VCU, he was the COO of the University of Arizona Medical Center for six years and was also the vice president for professional and ancillary services at University of Arizona's Health Sciences Center.

Pat Farrell. CEO of Henrico Doctors' Hospital (Richmond, Va.). In addition to his role as CEO of Henrico Doctors' Hospital, Mr. Farrell is the market lead for the Central Virginia market of Nashville, Tenn.-based Hospital Corporation of America's Capital Division, which encompasses 6,700 employees, six hospital campuses, two ambulatory surgery centers and several outpatient diagnostic and treatment centers.

David Feinberg, MD. President and CEO of Ronald Reagan UCLA Medical Center (Los Angeles). Dr. Feinberg has served as CEO and associate vice chancellor of UCLA Health since 2007. He previously served as medical director of UCLA's Resnick Neuropsychiatric Hospital and head of the NPH Faculty Practice Group. He is also a clinical professor of psychiatry at the David Geffen School of Medicine at UCLA.

David Fox. President of Advocate Good Samaritan Hospital (Downers Grove, Ill.). Mr. Fox joined Advocate Good Samaritan in 2003. He previously served as president of Central DuPage Hospital in Winfield, Ill. He received the Excellence in Advocacy Award from the Illinois Hospital Association in 2010. He is also a board member of AHA Solutions, a group dedicated to improving the operational performance of hospitals. 

Suzanne Freeman, RN. President of Carolinas Medical Center (Charlotte, N.C.). Ms. Freeman joined Charlotte, N.C.-based Carolinas HealthCare System in 1975 as a staff nurse, and has served as vice president and president of CHS Specialty Facilities before becoming president of Carolinas Medical Center. In her current role, she oversees the 874-bed medical center, Sanger Heart and Vascular Institute, Levine Cancer Institute, Levine Children's Hospital and other features of Carolinas Medical Center.

Steven Gabbe, MD. CEO of the Wexner Medical Center at The Ohio State University (Columbus, Ohio). Dr. Gabbe took the helm of the Wexner Medical Center in July 2008, as the medical center was developing plans for the largest physical expansion in its history: a $1 billion project that is slated for completion in 2016. He was dean of the Vanderbilt University School of Medicine in Nashville, Tenn., from 2001 to 2008 and, prior to that, was chair of obstetrics and gynecology at the University of Washington Medical Center in Seattle.

J.P. Gallagher. President of Evanston (Ill.) Hospital. Mr. Gallagher, president of Evanston (Ill.) Hospital, joined Evanston's parent, NorthShore University HealthSystem, in 2002 from the administrative team of Advocate Christ Medical Center in Oak Lawn, Ill. At NorthShore, he started at Glenbrook Hospital. In 2004, he was promoted to senior vice president for hospitals and clinics at Evanston Hospital, which is the system's flagship facility.

Robert Garrett. President and CEO of Hackensack (N.J.) University Medical Center. Mr. Garrett has led the 775-bed Hackensack University Medical Center since November 2009. As CEO, Mr. Garrett has been credited with strengthening communication and partnerships by creating a culture of transparency and credibility within Hackensack University Medical Center. Before taking on this leadership role, Mr. Garrett served as the executive vice president and COO since 1986 after joining the hospital in 1981.

Timothy Goldfarb. CEO of Shands at the University of Florida (Gainesville, Fla.). Mr. Goldfarb has served as CEO of Shands HealthCare since 2001. He previously served as director of University Hospital and Health Care Systems at Oregon Health Sciences University in Portland, Ore., for four years. He was also senior associate director of Arizona Medical Center and assistant administrator of Tucson General Hospital in Arizona.

Larry Goodman, MD. President and CEO of Rush University Medical Center (Chicago). Dr. Goodman, an internist, has been president and CEO of Rush University Medical Center since 2002. In 2006 he began the "Rush Transformation," a $1 billion project to rebuild large parts of the medical center, which is projected to be complete by 2016, and RUMC recently unveiled its new medical tower, which achieved LEED Gold certification.

Brett Gosney. CEO of Animas Surgical Hospital (Durango, Colo.). Mr. Gosney has a diverse background in healthcare, spanning more than 28 years. He is the immediate past president of Physician Hospitals of America, a Sioux Falls, S.D.-based trade group that represents physician-owned hospitals. He also serves as the director of development for Symbion.

David Grauer. Administrator and CEO of Intermountain Medical Center (Murray, Utah). Mr. Grauer, who has served as administrator and CEO of Intermountain Healthcare's flagship facility for several years now, places a big emphasis on improving the family and patient experience at Intermountain, saying all staff work tirelessly to provide an "uncommon compassion" for everyone they serve.

Robert Grossman, MD. CEO of NYU Langone Medical Center (New York City). In addition to leading the medical center, Dr. Grossman is dean of the NYU School of Medicine. He joined NYU in 2001 as chairman of the department of radiology. He was previously chief of neuroradiology at the Hospital of the University of Pennsylvania in Philadelphia. Dr. Grossman recently received the gold medal of the International Society for Magnetic Resonance in Medicine.

John Harney. President and CEO of University of Colorado Hospital (Aurora, Colo.). Mr. Harney took over as president and CEO of the University of Colorado Hospital in March 2012, replacing Bruce Schroffel, who spearheaded the creation of the University of Colorado Health — the new, non-profit health system that pairs UCH and Fort Collins, Colo.-based Poudre Valley Health System. Mr. Schroffel will serve as the inaugural president and chairman of the board for UC Health. Mr. Harney now oversees the executive decisions of UCH. Prior to his current post, he was the COO of UCH for roughly four years and also served in executive leadership roles at several New York non-profit hospitals.

Dean Harrison. President and CEO of Northwestern Memorial Hospital (Chicago). Mr. Harrison has served as president and CEO of Northwestern Memorial HealthCare and Northwestern Memorial Hospital since 2002. Before he joined Northwestern Memorial in 1998 as senior vice president for corporate operations, he was president and COO of the University of Chicago Health System. During his 11 years at that system, he also served as president and CEO of Weiss Memorial Hospital in Chicago, which is now part of Nashville, Tenn.-based Vanguard Health Systems.

Edward Howell. CEO of University of Virginia Medical Center (Charlottesville, Va.). Before Mr. Howell found himself as vice president and CEO of UVA Medical Center — and several other executive roles in the hospital and healthcare setting — he was a high school biology teacher in his hometown of Zanesville, Ohio. He also coached basketball, football and track and field, but after enrolling in Ohio State University's health services administration master's program, he realized he itched for a career "where no two days were ever alike."

Michael Hulefeld. CEO of Ochsner Medical Center (New Orleans). Mr. Hulefeld joined Ochsner in 1998 and soon became the manager of musculoskeletal services at the Ochsner Clinic. After bouncing around with several other executive leadership titles within the Ocshner Health System, he took on the responsibilities of COO and eventually CEO of Ochsner Medical Center, the flagship hospital of the health system.

Ron Hytoff. President and CEO of Tampa (Fla.) General Hospital. Mr. Hytoff has served as president and CEO of Tampa General Hospital since 2000. He previously served as COO of the hospital for three years. He has also served as president and CEO of the University of Louisville (Ky.) Hospital and executive director and CEO of The Wellington Private Hospital in London, England.

John P. Innocenti. President of UPMC Presbyterian (Pittsburgh). Mr. Innocenti has served as president of UPMC Presbyterian since 2007, the latest position in a 36-year career at UPMC. In this role he oversees the operations of both UPMC Presbyterian and UPMC Shadyside. He has held several other leadership positions in the system, including senior vice president and COO of UPMC Presbyterian Shadyside.

Laura Irvine. President of Methodist Dallas Medical Center. In 1996, Ms. Irvine joined the Methodist Health System as an administrative resident at Methodist Dallas Medical Center. She worked her way up the ranks, and in 2001, she became senior vice president of planning and marketing for the health system. She was then promoted to president of Methodist Mansfield (Texas) Medical Center, and in March 2011, she was appointed to her current role.

Stephen Jones. President and CEO of Robert Wood Johnson University Hospital (New Brunswick, N.J.). Mr. Jones became president and CEO of Robert Wood Johnson University Hospital and Health System in 2007, after serving as interim president and CEO. He previously held the position of senior vice president of operations at the hospital for 23 years. Before joining the system, he was assistant director of Somerset (N.J.) Medical Center and assistant director of Barnert Memorial Hospital Center in Paterson, N.J.

Phillip Kambic. President and CEO of Riverside Medical Center (Kankakee, Ill.). Mr. Kambic has served as president and CEO of Riverside Health Care since 2006. He has been with Riverside for more than 25 years, including serving as senior vice president and COO.

Donna Katen-Bahensky. President and CEO of University of Wisconsin Hospital (Madison, Wis.). Ms. Katen-Bahensky is president and CEO of the University of Wisconsin Hospital and Clinics in Madison. Before coming to the University of Wisconsin, she held numerous executive positions at health systems across the country, including the University of Iowa Hospitals and Clinics and University of Iowa Health Care in Iowa City. She is also currently a member of the administrative board of the Council of Teaching Hospitals of the Association of American Medical Colleges.

Kenneth Kates. CEO of University of Iowa Hospitals and Clinics (Iowa City, Iowa). Mr. Kates was named CEO of University of Iowa Hospitals and Clinics in July 2008. He previously served as a consultant with Alvarez and Marsal, a professional services firm located in Chicago, and held administrative positions at Temple University Hospital in Philadelphia as well as the University of Chicago Hospitals and Health System.

Wayne Keathley. President of The Mount Sinai Hospital (New York City). As president and COO of one of the oldest tertiary and quaternary care facilities in the country, Mr. Keathley oversees all executive and operational functions of the hospital. His first hospital job came at the age of 16, and he became a surgical technician at Mount Sinai after graduating from high school. Mr. Keathley first appeared on The Mount Sinai Hospital scene in 2003 as COO and officially became president and COO in late 2008.

Mark Laret. CEO of UCSF Medical Center (San Francisco). Mr. Laret has been CEO of UCSF Medical Center, including UCSF Children's Hospital, since April 2000. Under his leadership, UCSF Medical Center reversed what had been a $60 million annual loss in 2000 and within five years produced a $70 million annual gain. Mr. Laret spearheaded plans to build the $1.5 billion UCSF hospital complex in the Mission Bay area of San Francisco, expected to open in 2014.

Robert Laskowski, MD. President and CEO of Christiana Hospital (Newark, Del.). Dr. Laskowski, a geriatrician, became president and CEO of Christiana Care Health System in 2003. Before joining the system, Dr. Laskowski was CMO of Lehigh Valley Hospital and Health Network in Allentown, Pa., and president and group medical director at Northeast Permanente Medical Group in Hartford, Conn.

James Leonard, MD. President and CEO of Carle Foundation Hospital (Urbana, Ill.). In addition to serving as president and CEO of the 297-bed Carle Foundation Hospital, Dr. Leonard heads The Carle Foundation integrated health system. He and the other board members have outlined several strategic goals for 2012, which include having clinical and service quality in the top 10 percent nationally and having the right combination and quality of physicians to achieve growth targets.

Thomas Lewis. Outgoing President and CEO of Thomas Jefferson University Hospital (Philadelphia). Mr. Lewis has served as head of Thomas Jefferson University Hospitals since 1990 and has played a key role in founding Radnor, Pa.-based Jefferson Health System, acquiring Methodist Hospital in Philadelphia and forming the Jefferson Hospital for Neuroscience. He is retiring effective July 1, 2012, at which point COO David McQuaid will serve as president and COO.

Richard Liekweg. President of Barnes-Jewish Hospital (St. Louis). Mr. Liekweg, who assumed his post in September 2009, previously served as CEO and associate vice chancellor for UCSD Medical Center in San Diego. Before that, he spent more than 15 years at Durham, N.C.-based Duke University Health System. He reports to Steven Lipstein, president and CEO of BJC HealthCare, the parent company of the hospital.

R. Trent Lind. CEO of Texas Orthopedic Hospital (Houston). Before heading the physician-owned Texas Orthopedic Hospital, Mr. Lind spent 10 years as COO of Swedish Medical Center in Englewood, Colo. He has also spent time in executive leadership roles at Baptist Health in Jacksonville, Fla., Fawcett Memorial Hospital in Port Charlotte, Fla., and Brandon (Fla.) Regional Hospital. 

Jeff Lindsay. President of Forsyth Medical Center (Winston-Salem, N.C.). Jeff Lindsay heads the 921-bed tertiary care hospital, and in March 2012, he was also promoted to president of Novant Health's entire Winston-Salem service area. 

Steven Littleson. President of Jersey Shore University Medical Center (Neptune, N.J.). In addition to his role as president of Jersey Shore University Medical Center, Mr. Littleson serves as president of K. Hovnanian Children's Hospital, which offers the most pediatric specialists in the region.

Jodi Mansfield. Interim President and CEO of The University of Arizona Medical Center (Tucson, Ariz.). As of Aug. 4, 2011, Ms. Mansfield has served as interim CEO of UA Medical Center and UA Healthcare, taking over from Hank Wells, who resigned due to health concerns. Previously, Ms. Mansfield served as executive vice president and COO of Shands HealthCare in Gainesville, Fla.

Luke McGuinness. Outgoing President and CEO of Central DuPage Hospital (Winfield, Ill.). With more than 30 years of healthcare administration experience, Mr. McGuinness currently serves as president and CEO of Central DuPage Hospital and its new parent system, Cadence Health, which was officially established several months ago after Delnor Health System in Geneva, Ill., and Central DuPage Health merged. Before then, he was senior vice president for development for Vanguard Health Systems in Nashville, Tenn. Mr. McGuinness is expected to retire by the end of 2012.

Gary Meyer. President and CEO of Schneck Medical Center (Seymour, Ind.). Mr. Meyer has been with Schneck Medical Center since 1975, when he took an externship in health administration, and has been president and CEO since January 2002. He took on many roles within the hospital, including director of professional services, and he also served five years in the U.S. Air Force as a hospital administration specialist.  

Gary Miller. President and CEO of Saint Alexius Medical Center (Bismarck, N.D.). Mr. Miller was named president and CEO of Saint Alexius Medical Center in May 2011 after serving in the interim position since January. He joined the center in 1984 and, in 1988, he became CFO. Prior to his interim role, Mr. Miller served as senior vice president and CFO for the medical center. He also serves on boards for numerous healthcare organizations, including the Bismarck Cancer Center.

Elizabeth Nabel, MD. President of Brigham and Women's Hospital (Boston). Dr. Nabel, a cardiologist, became president of Brigham and Women's and Faulkner Hospitals in Boston in January 2010. She was previously director of the National Institutes of Health's Heart, Lung, and Blood Institute and is a nationally recognized scholar, having authored 250 publications.

Edwin Ness. President and CEO of Munson Medical Center (Traverse City, Mich.). Mr. Ness became CEO of Munson Medical Center in 2004. He also serves as CEO of Munson Healthcare, a role he took on in 2010 following the abrupt resignation of former CEO K. Douglas Deck. Under Mr. Ness's leadership, Munson Medical Center was awarded the 2008 American Hospital Association McKesson Question for Quality Prize.

John Noseworthy, MD. President and CEO of Mayo Clinic (Rochester, Minn.). Dr. Noseworthy, a neurologist, became president and CEO of Mayo Clinic in November 2009. Dr. Noseworthy joined Mayo in 1990 and has served in various leadership positions, among them chairman of Mayo's Department of Neurology and vice chairman of its Rochester executive board. He also served as editor in chief of Neurology, the official journal of the American Academy of Neurology.

Charles O'Brien, MD. President of Sanford USD Medical Center (Sioux Falls, S.D.). As president of Sanford USD Medical Center, Dr. O'Brien has increased focus on centers of excellence, which look to offer the most services while delivering the best patient outcomes. Dr. O'Brien specializes in internal medicine, cardiovascular disease and interventional cardiology.

Mary O'Brien. Chief Administrative Officer of Aurora St. Luke's Medical Center (Milwaukee). As CAO of Aurora St. Luke's, Ms. O'Brien oversees all hospital operations and strategic planning. Before joining Aurora Health Care in 2006, she was president of Highland Park (Ill.) Hospital, which is part of Evanston, Ill.-based NorthShore University HealthSystem.

Samuel Odle. CEO of Indiana University Health Methodist Hospital (Indianapolis). Mr. Odle serves as executive vice president and COO of IU Health in addition to his CEO posts for IU Health Methodist Hospital and IU Health University Hospital — the flagship institutions for the Indianapolis-based healthcare giant. Mr. Odle is also a past chairman of the American College of Healthcare Executives.

Sharon O'Keefe. President of the University of Chicago Medical Center. Ms. O'Keefe assumed her post as president of University of Chicago Medical Center in February 2011. Before then, she was president of Loyola University Medical Center in Maywood, Ill., and served for seven years as COO at Barnes-Jewish Hospital in St. Louis. Ms. O'Keefe currently serves on the National Institutes of Health Advisory Board for Clinical Research.

Bob Page. President and CEO of The University of Kansas Hospital (Kansas City, Kan.). Mr. Page succeeded Irene Cumming as president and CEO of The University of Kansas Hospital in March 2007, and he has helped grow the hospital into a community leader. Last year, Mr. Page helped facilitate the merger between the University of Kansas Cancer Center and Kansas City Cancer Center, creating one of the largest community-based cancer organizations in the area.

Alan Papa. President of Akron (Ohio) General Medical Center. Previously, Mr. Papa was senior vice president for network services and operations for Akron General. He left three years ago to serve as COO for Mount Carmel West Hospital in Columbus, Ohio. The 511-bed Akron rehired the former executive to lead the hospital, effective Jan. 31, 2011.

L. Reuven Pasternak, MD. CEO of Inova Fairfax Hospital (Falls Church, Va.). Dr. Pasternak oversees all operations of Inova Fairfax Hospital, but he is also responsible for the outcomes of Inova Fairfax Hospital for Children and the Inova Heart and Vascular Institute. Prior to arriving at Inova, he served as executive vice president and CMO of Health Alliance of Greater Cincinnati and also served as the vice dean of the Bayview Campus for Johns Hopkins Medicine in Baltimore. 

Jim Peace. President and CEO of Russell Medical Center (Alexander City, Ala.). Mr. Peace became president and CEO of RMC in January 2008, and under his leadership, the hospital instituted a new strategic initiative, a new mission statement and new construction projects and technology updates to modernize the facility. Mr. Peace also helped solidify the recent joint venture between RMC and the University Alabama at Birmingham Medicine to enhance oncology services in the local areas.

Ronald Peterson. President of The Johns Hopkins Hospital (Baltimore). Mr. Peterson has been president of The Johns Hopkins Hospital since 1996 and president of The Johns Hopkins Health System since 1997. He joined the system in 1973 as an administrative resident and held various leadership positions in the system's hospitals before his current appointment. He also serves as chairman of Johns Hopkins Community Physicians, which provides ambulatory care at 18 centers throughout Maryland, and as a trustee of the Johns Hopkins Home Care Group.

John Popovich Jr., MD. President and CEO of Henry Ford Hospital (Detroit). Dr. Popovich, a pulmonary disease and internal medicine specialist, was appointed president and CEO of Henry Ford Hospital in June 2010 and formally assumed the position July 15, 2010. He launched his healthcare career at Henry Ford Hospital in 1975 as a medical intern after he graduated from the University of Michigan Medical School. He also served as division head of pulmonary and critical care medicine for 10 years at Henry Ford Hospital and eventually became the chair of the department of internal medicine.

David Posch. CEO of Vanderbilt University Hospital and Clinics (Nashville, Tenn.). Mr. Posch took on the role of CEO of Vanderbilt University Hospital and Clinics in October 2011 and has held several executive leadership roles in the Vanderbilt University Medical Center. Previously, he was the CEO of The Vanderbilt Clinic, and he also has served as executive director and COO of the Vanderbilt Medical Group. Before arriving at Vanderbilt, Mr. Posch led many executive efforts with the Ochsner Clinic in New Orleans and with the Cleveland Clinic Foundation.

Thomas Priselac. President and CEO of Cedars-Sinai Medical Center (Los Angeles). Mr. Priselac has served as CEO of Cedars-Sinai Health System since January 1994. Prior to his current role, Mr. Priselac served as executive vice president of the system for five years. Before joining the Cedars-Sinai system in 1979, he served on the executive staff of Montefiore Hospital in Pittsburgh.

Jeffrey Rivest. President and CEO of the University of Maryland Medical Center (Baltimore). For the past eight years, Mr. Rivest has led the UMMC, which is in the heart of downtown Baltimore and serves more than 250,000 patients each year. Previously, he was senior vice president for clinical and ambulatory services (1988 to 1990) and the executive vice president and COO (1990 to 2004) of The Children's Hospital of Philadelphia. Mr. Rivest also was the administrator of the Johns Hopkins Children's Center for more than five years.

Mark Robitaille. President and CEO of Martin Memorial Hospital (Stuart, Fla.). Mr. Robitaille became president and CEO of Martin Memorial in October 2008, replacing the longtime CEO Richmond Harman. His healthcare career started at Martin Memorial in 1976, when he was an assistant administrator overseeing the corporate planning as well as the design and construction of new facilities. He also served as CEO of West Orange Memorial Hospital in Winter Garden, Fla., now known as Health Central Park.

Dan Rothery. President of Boone Hospital Center (Columbia, Mo.). BJC Healthcare, the parent organization of Boone Hospital Center, named Mr. Rothery president of Boone Hospital Center June 8, 2006. He was the CEO of The Rehabilitation Institute of St. Louis, a joint venture between BJC HealthCare and HealthSouth, prior to his current position. Mr. Rothery has also served executive leadership roles in a variety of acute-care and rehabilitation healthcare environments, including the Cleveland Clinic Foundation, St. Louis-based SSM Health Care and St. Louis-based St. John's Mercy Medical Center.

Fred Rothstein, MD. President of University Hospitals Case Medical Center (Cleveland). Before becoming president of UH Case Medical Center, Dr. Rothstein specialized in pediatric gastroenterology. He has professional affiliations with the American Gastroenterological Association and several other professional organizations and is also a "HealthGrades Recognized Doctor." 

Amir Dan Rubin. President and CEO of Stanford Hospital & Clinics (Palo Alto, Calif.). Mr. Rubin was named president and CEO of Stanford Hospital & Clinics in January 2011. In 2005, he was appointed COO of the 832-bed UCLA Health System in Los Angeles, where he oversaw an operating budget of $1.6 billion. Mr. Rubin served as COO at Stony Brook (N.Y.) University Hospital prior to his time with UCLA.

Dawn Rudolph, RN. President and CEO of Saint Thomas Hospital (Nashville, Tenn.). Ms. Rudolph assumed her position as president and CEO of 541-bed Saint Thomas Hospital in November 2010. Before then, she served as CEO of St. Joseph Hospital in Fort Wayne, Ind., where she successfully expanded the medical staff and developed a multi-cultural roundtable to improve health indicator metrics in the community.

Steven Safyer, MD. President and CEO of Montefiore Medical Center (New York City). Dr. Safyer assumed his post as President and CEO in 2008. He has held leadership positions at Montefiore since 1985 and completed his post-graduate training in internal medicine in Montefiore's residency program. Dr. Safyer is an advocate for underserved populations and serves on numerous organizations, such as the Hospital Association of New York State and the Association of American Medical Colleges.

Frank Sardone. President and CEO of Bronson Methodist Hospital (Kalamazoo, Mich.). Mr. Sardone is responsible for the overall direction of Bronson Healthcare Group, including Bronson Methodist Hospital, the flagship facility. He first joined Bronson in 1988 and worked up the organization to his current role in 1996. In 1996, Mr. Sardone received the Michigan American College of Healthcare Executives Regent's Young Healthcare Leader Award, and in 2006, he won the Center for Health Design's Changemaker Award.

Garry Scheib. Executive Director of Hospital of the University of Pennsylvania (Philadelphia). In addition to serving as the primary executive of the Hospital of the University of Pennsylvania, Mr. Scheib also serves as COO of the University of Pennsylvania Health System. He also is the chair of the board of the Hospital & Healthsystem Association of Pennsylvania and has more than 25 years of executive leadership experience at non-profit and for-profit hospitals.

Louis Shapiro. President and CEO of Hospital for Special Surgery (New York). In the fall of 2006, Mr. Shapiro officially became the president and CEO of HSS, one of the leading orthopedic hospitals in the country. Before joining HSS, he was executive vice president and clinical enterprise COO of Geisinger Health System in Danville, Pa., where he provided executive guidance to the Division of Clinical Effectiveness, which focused on quality control for all of Geisinger.

Peter Slavin, MD. President of Massachusetts General Hospital (Boston). Dr. Slavin was named president of Massachusetts General in 2003. From 1999 to 2002, he served as chairman and CEO of Massachusetts General Physicians Organization, which included more than 1,700 physicians. Earlier in his career, Dr. Slavin served as president of Barnes-Jewish Hospital in St. Louis. He teaches internal medicine and healthcare management at Harvard Medical School.

Kevin Smith. President and CEO of Winchester (Mass.) Hospital. Before becoming president and CEO of Winchester Hospital in October 2009, Mr. Smith was the organization's CFO. Boston Business Journal named Mr. Smith as a CFO of the Year in the non-profit category prior to his current role.

Tim Smith. CEO of Sharp Memorial Hospital (San Diego). Mr. Smith first joined Sharp Memorial Hospital in 2007 as senior vice president and CEO with more than 27 years of hospital and healthcare management experience under his belt. Before joining Sharp, he was interim COO of UC Irvine (Calif.) Medical Center, CEO of Fountain Valley (Calif.) Regional Hospital and CEO of Garden Grove (Calif.) Hospital and Medical Center. At FVRH, he helped develop several new service lines, including pediatric and gynecologic oncology.

Kevin Sowers, RN. President of Duke University Hospital (Durham, N.C.). Mr. Sowers, who is a registered nurse and has a master's degree in nursing, has been with Duke University Health System for more than 20 years. It all started in 1986 when he was a nursing leader in oncology at Duke University Hospital. Later, he served in numerous leadership roles within the national Oncology Nursing Society. He eventually became Duke University Hospital's COO from 2003 to 2009 before accepting his current role.

Glenn Steele Jr., MD. President and CEO of Geisinger Medical Center (Danville, Pa.). Dr. Steele has led Geisinger Health since 2001. Before then, he served as vice president for medical affairs and dean of the Pritzker School of Medicine and professor in the department of surgery at University of Chicago. Dr. Steele is a past chairman of the American Board of Surgery and is well-known for his findings in the treatment of liver cancer and colorectal cancer surgery.

David Strong. President of Rex Hospital (Raleigh, N.C.). Mr. Strong has led Rex Healthcare since 2004. Under his tenure, Rex Hospital earned Magnet nursing status from the American Nursing Credentialing Center and also opened a state-of-the-art surgery center with digital operating rooms. Mr. Strong serves on a number of civic and healthcare committees and is known for his hands-on approach to leadership.

Doug Strong. CEO of University Hospital (Ann Arbor, Mich.). Mr. Strong joined University of Michigan Health System in 1998 and was named CEO of the system's hospitals and health centers in 2006. He came to Michigan from the University of Chicago, where he served as CFO and associate dean of the Pritzker School of Medicine. Before then, he was associate dean for administration and finance at the school of medicine at the State University of New York at Stony Brook.

Kevin Tabb, MD. President and CEO of Beth Israel Deaconess Medical Center (Boston). Dr. Tabb officially became president and CEO of the BIDMC in October 2011 after the board of directors sought a permanent replacement for Paul Levy. He most famously served as CMO of Stanford Hospital & Clinics in Palo Alto, Calif., where he emphasized physician networking, clinical quality, patient safety initiatives, regulatory and medical staff affairs and continuing medical education. Dr. Tabb was the head of the clinical data services division of GE Healthcare IT before joining Stanford.

Barbara Tachovsky, RN. President of Paoli (Pa.) Hospital. Ms. Tachovsky, a registered nurse, leads all aspects of the 157-bed community hospital. She has directed several major initiatives at the hospital since becoming president, including the implementation of cardiac surgery and therapeutic cardiology programs and the development of two ambulatory sites. Ms. Tachovsky was CNO for Main Line Health, Paoli's parent organization, before serving her current role. She was also named the Businesswoman of the Year by the Great Valley Region Chamber of Commerce in 2006.

Mark Tolosky, JD. President and CEO of Baystate Medical Center (Springfield, Mass.). With more than 30 years of healthcare management experience, Mr. Tolosky currently heads one of the larger health systems and hospitals in the New England area. He was the chair of the Massachusetts Hospital Association from 2003 to 2004, named the Massachusetts Health Care Executive of the Year in 2004 and received his juris doctorate from the University of Maryland School of Law in Baltimore.

Jeffrey Thompson, MD. CEO of Gundersen Lutheran (La Crosse, Wis.). Dr. Thompson, a practicing pediatric intensivist and neonatologist, has led Gundersen Lutheran Health System and its flagship hospital since 2001. He is a founding member and past board chair of the Wisconsin Collaborative for Healthcare Quality, and from 1992 to 1996, he served on the former board of directors of Gundersen Clinic and played a key role in the negotiations and governance design that led to the merger between Gundersen Clinic and Lutheran Health System.

Brooks Turkel. CEO of Regional Hospital of Scranton (Pa.). Regional Hospital of Scranton named Brooks Turkel CEO, effective Nov. 21, 2011, succeeding Aaron Hazzard, who had been serving as interim CEO of Regional Hospital of Scranton since May. He previously worked at Chestnut Hill Hospital in Philadelphia, where he served as CEO since 2006.

Margaret Van Bree. CEO of St. Luke's Episcopal Hospital (Houston). Ms. Van Bree, who joined St. Luke's in 2009, is administratively responsible for all aspects of St. Luke's Episcopal Hospital. Prior to her role at St. Luke's, Ms. Van Bree served as senior vice president and COO at the University of Wisconsin Hospital and Clinics in Madison. She has held similar roles since 1999 at the University of Virginia Health System and Fairview-University Medical Center in Minneapolis.

Matthew Van Vranken. President of Spectrum Health Butterworth Hospital (Grand Rapids, Mich.). Mr. Van Vranken heads Butterworth Hospital, but he also serves as president of Spectrum Health Hospital Group, which includes Blodgett Hospital, Helen DeVos Children's Hospital and several other institutions in the Grand Rapids area. He has held his current position since May 2003.

Larry Volkmar, RN. CEO of Banner Good Samaritan Medical Center (Phoenix). Mr. Volkmar has served as CEO of Banner Good Samaritan Medical since July 2007. He came to the Phoenix-based hospital with several years experience in the acute-care and rehabilitation realm. He served as president of Mount Sinai Medical Center in Chicago, as well as Schwab Rehabilitation Hospital and Sinai Children's Hospital. Mr. Volkmar, a registered nurse, also was CNO of the University of Chicago Hospitals for eight years.

Glenn Waters. President and CEO of Morton Plant Hospital (Clearwater, Fla.). Before arriving to Morton Plant Mease Health Care in 2008, Mr. Waters was the COO of Moses Cone Health System in Greensboro, N.C., where he helped develop a freestanding outpatient cardiac catheterization joint venture with cardiologists and planned a $275 million expansion of the health system's flagship hospital. Mr. Waters has also spent time at Wadley Regional Medical Center in Texarkana, Texas, and Riverside Regional Medical Center in Newport News, Va.

James Weinstein, DO. CEO of Dartmouth-Hitchcock Medical Center (Lebanon, N.H.). In November 2011, the board of trustees consolidated the leadership of Mary Hitchcock Memorial Hospital and the Dartmouth-Hitchcock Clinic by naming Dr. Weinstein CEO of both the hospital and the health system. Dr. Weinstein, who graduated from the Chicago College of Osteopathic Medicine in 1977, also worked closely with Dartmouth College President Jim Yong Kim, who was recently selected to lead the World Bank.

Allen Weiss, MD. President and CEO of Downtown Naples (Fla.) Hospital Campus. Before taking on the day-to-day responsibilities of leading Downtown Naples Hospital and the NCH Healthcare System, Dr. Weiss put his board-certified skills to use in private practice from 1977 to 2000. Dr. Weiss, who is certified in internal medicine, rheumatology and geriatrics, is also involved in several professional physician organizations and has been published in the American Journal of Medicine, among other medical journals.

Michael Wiemann, MD. President of Providence Hospital (Southfield, Mich.). Dr. Wiemann has a long history of successful healthcare experiences, and his credentials as a top medical oncologist have propelled his career forward. In 2006 and 2007, the Consumers' Research Council of America in Washington, D.C., named him one of "America's Top Physicians in Medical Oncology." Dr. Wiemann also was director of the bone marrow transplant program at Roger Williams General Hospital and served as medical oncologist and professor at Brown University School of Medicine, both in Providence, R.I.

Carolyn Wilson, RN. President of University of Minnesota Medical Center, Fairview (Minneapolis). Ms. Wilson assumed her role as president and CEO of University of Minnesota Medical Center and Amplatz Children's Hospital in November 2011. Before then, she served as associate dean and COO of the University of Chicago Medical Center, where she held a variety of other leadership roles over 13 years. Prior to her executive positions, Ms. Wilson spent a year as a staff nurse with the National Institutes of Health.

Stephen Zieniewicz. Executive Director of University of Washington Medical Center (Seattle). Mr. Zieniewicz has held the position of top executive of UW Medical Center since September 2007 and reports directly to Johnese Spisso, RN, UW vice president for medical affairs and clinical operations officer for UW Medicine. He has more than 25 years of healthcare experience and was COO of Saint Louis University Hospital before arriving at the UW Medical Center.

UA Culverhouse Grad Marillyn Hewson Named President, COO of ...
By COO Forum Administrator
2012-05-01

UA Culverhouse Grad Marillyn Hewson Named President, COO of Lockheed Martin

TUSCALOOSA, Ala. — Marillyn A. Hewson, a graduate of The University of Alabama’s Culverhouse College of Commerce, has been named president and chief operating officer of Lockheed Martin, succeeding president and COO Chris Kubasik. The changes are effective Jan. 1, 2013.

Kubasik will succeed Bob Stevens as CEO.

Hewson’s successor as executive vice president of Lockheed Martin’s Electronic Systems business area will be announced later this year.

“Continuous global economic and security challenges have created a new reality in which leadership with a long-term view can provide a sustained competitive advantage,” Stevens said.  “Chris and Marillyn are superbly well prepared to guide the continuous evolution of Lockheed Martin’s strategies and operating concepts in ways that will allow us to simultaneously address the evolving needs of customers and the expectations of shareholders.”

Hewson was named executive vice president of the Electronic Systems business area in January 2010.  In serving the company for 29 years, she has held leadership positions on the corporate staff and in three of the corporation’s four businesses.

Hewson earned her bachelor’s degree in business administration and a master’s degree in economics from UA.  She also attended the Columbia Business School and Harvard Business School executive development programs. She chairs the Sandia Corp. board of directors, and she serves on the board of DuPont.

Hewson is a member of the Association of the United States Army Council of Trustees and The University of Alabama’s Culverhouse College of Commerce and Business Administration Board of Visitors.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation’s net sales for 2011 were $46.5 billion.

Conde Nast Entertainment Group Names Sahar Elhabashi ...
By COO Forum Administrator
2012-05-01

Conde Nast Entertainment Group Names Sahar Elhabashi Executive VP & COO

EXCLUSIVE: Condé Nast Entertainment Group president Dawn Ostroff said today that CNEG has named Sahar Elhabashi EVP and Chief Operating Officer. In her new role, she will report to Ostroff. This addition of the former Discovery Networks International and MTV executive comes six months after former CW Entertainment chief Ostroff became president. CNEG is charged with setting up film, TV and digital projects derived primarily from the content of Condé Nast’s 18 consumer magazines that range from GQ to Glamour, Vogue, The New Yorker, Vanity Fair, Bon Appetit, Condé Nast Traveler, Wired, Details and Architectural Digest. Elhabashi’s appointment also comes just more than two weeks after CNEG hired Imagine and Fox Searchlight exec Jeremy Steckler to be EVP motion pictures, and Sundance Channel exec Michael Klein to be EVP alternative programming. Elhabashi will oversee administrative, financial and strategic planning across all sectors of CNEG, including motion picture, television, digital and distribution. She will also work with others in the division’s senior management team on new business models and growth.

Rubicon Minerals Appoints Michael Lalonde President and Chief Operating Officer
By COO Forum Administrator
2012-05-01

VANCOUVER, April 30, 2012 /PRNewswire via COMTEX/ -- Mr. Lalonde to assume role of President and CEO following a transition period-

RMX:TSX | RBY:NYSE AMEX

Rubicon Minerals Corporation (rmx:TSX | RBY) ("Rubicon") is pleased to announce the appointment, effective June 1, 2012, of Michael Lalonde to the position of President and Chief Operating Officer of the Company. Following his appointment and a transition period of up to six months, Mr. Lalonde will then assume the position of President and Chief Executive Officer of the Company. David Adamson will remain as Chief Executive Officer during the transition period and thereafter will assume the position of Chairman of the Board. Mr. Lalonde's mandate is to optimize the development of the Company's flagship, Phoenix Gold Project, situated in Red Lake, Ontario, and to position the Company for future growth.

Mr. Lalonde holds a B.Sc. in mining engineering from Michigan Technological University and is a registered Professional Engineer in Ontario. He will be leaving the position of Director of Underground Projects for Goldcorp Inc. where he is responsible for guiding the construction and development of Goldcorp's underground mining projects internationally, as well as the preparation and oversight of scoping to feasibility level studies. His current duties at Goldcorp include management of the development of the Cochenour project in Red Lake. Between 2008 and 2011, Mr. Lalonde was the General Manager of Goldcorp's Red Lake Gold Mine in Red Lake, Ontario responsible for mine infrastructure, development and production programs at this world class gold deposit. During his tenure as General Manager of Goldcorp's Marlin Mine in Guatemala, between 2006 and 2008, Mr. Lalonde brought the Marlin Underground Mine to full production status.

Preceding his employment with Goldcorp, Mr. Lalonde gained over 20 years of valuable experience worldwide at several gold mining projects, including management of the Ken Snyder Mine in Nevada from startup to full production (General Mine Manager for operator, Dynatec, contractor to owner, Franco-Nevada), Mine Manager of the Golden Patricia mine in Ontario (Barrick Gold), Director of underground mining for Glamis Gold, General Manager of the Pamour Mine in Timmins (Royal Oak Mines) and Mine Manager at the Bell Creek Mine (Canamax Resources) in Timmins, Ontario.

David Adamson said: "We are delighted to welcome Mike to Rubicon and look forward to him leading the next chapter in the development both of our Phoenix Gold Project at Red Lake and the Company going forward. Mike has demonstrated extensive, successful senior level experience in all aspects of the development and operation of numerous gold mines with a variety of recognized producing companies. This includes his highly relevant experience with Goldcorp at Red Lake, both at its high-grade, world class producing Red Lake Mine and its ongoing Cochenour development project. Mike's appointment is a significant endorsement of Rubicon and our Phoenix Gold Project and I look forward to working with him during the transition and beyond."

In referring to the contribution of David Adamson, Chris Bradbrook, lead Director, stated: "Under David's leadership, Rubicon has undergone exceptional growth, transforming from a small exploration company with an $8 million market capitalization to its current status as a permitted, well-funded, highly valued and respected company with a world class, new gold deposit in Red Lake, as well as control of a significant portion of the Red Lake Gold camp. We recognize David's significant role in maintaining the vision that Red Lake could drive shareholder value for Rubicon. He received well-deserved public recognition for his role in the discovery of the F2 Gold Deposit as a 2010 co-winner of the AME-BC Colin Spence Award for Excellence in Global Mineral Exploration. We thank David for his dedicated contribution to Rubicon over 16 years and look forward to his continuing contribution both during the transition period and thereafter, as Chairman."

About Rubicon Minerals Corporation

Rubicon Minerals Corporation is an exploration and development company, focused on exploring and developing its high-grade gold discovery at its Phoenix Gold Project in Red Lake, Ontario. Rubicon controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district which hosts Goldcorp's high-grade, world class Red Lake Mine. Rubicon's shares are included in the S&P/TSX Composite Index and Van Eck's Junior Gold Miners ETF.

RUBICON MINERALS CORPORATION "David W. Adamson" President & CEO

Forward Looking Statements This news release contains statements that constitute "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934 and "forward looking information" within the meaning of applicable Canadian provincial securities legislation (collectively, "forward-looking statements"). Forward-looking statements often, but not always, are identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeting", "look forward" and "intend" and statements that an event or result "may", "will", "would", "should", "could", or "might" occur or be achieved and other similar expressions.

Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and represent management's best judgment based on facts and assumptions that management considers reasonable. The material assumptions upon which such forward-looking statements are based include, among others that the aspects of the transition will progress on a satisfactory basis, Rubicon makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Forward-looking statements in this news release include, but are not limited to statements regarding the assumption of the role of President and CEO position by Michael Lalonde, and the assumption of the role of Chairman of the Board by David Adamson after a transition period.

Forward-looking statements contained herein are made as of the date of this news release and Rubicon disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Spring Wireless Appoints Kevin G. Lee Chief Financial Officer
By COO Forum Administrator
2012-05-01

RESTON, Va., Apr 30, 2012 (BUSINESS WIRE) -- Spring Wireless today announced the appointment of Kevin G. Lee as Chief Financial Officer. Mr. Lee has more than fifteen years of experience in senior financial and operations roles within multinational corporations. Prior to joining Spring Wireless, he was Chief Financial Officer for Axeso Payment Solutions, a Brazil-based prepaid card issuer, and he served in the dual roles of CFO and Chief Operating Officer for Ativi-Telecom Net, a provider of electronic payment processing.

"As our senior finance executive, Kevin will play a key role as we accelerate and expand Spring's business worldwide," commented David Mitchell, Chief Executive Officer of Spring Wireless. "He has a proven track record in international corporate finance and operations, with deep experience in Latin America, making him a tremendous addition to our team."

Mr. Lee has also held positions as CFO of TIM Sao Paulo, Director of Brazil corporate development for Telecom Italia, Director of financial planning and investor relations for Vesper Sao Paulo. Earlier in his career, he worked in the corporate finance groups at Deloitte & Touche and KPMG. Mr. Lee holds a B.A. in International Studies from the Johns Hopkins University and MSc. in International Finance from the London School of Economics.

About Spring Wireless

Spring Wireless is a global leader in delivering end-to-end mobility solutions that enable enterprises to increase productivity and maximize their business success. Spring Wireless has offices in the United States, Latin America and Europe.

For more information, visit www.springwireless.com .

SOURCE: Spring Wireless
       
        Spring Wireless
        Evangeline Weiner, 206-877-0400, ext. 1011
        eweiner@springwireless.com

Celadon Group Announces Executive Team Change
By COO Forum Administrator
2012-05-01

INDIANAPOLIS, Apr 30, 2012 (BUSINESS WIRE) -- Celadon Group, Inc. CGI -3.53% today announced a change to its executive team. The change is effective immediately.

Eric Meek has been appointed Executive Vice President, Chief Financial Officer and Treasurer. Mr. Meek previously served as Vice President, Treasurer and Principal Financial Officer. Paul Will, Vice Chairman, President and Chief Operating Officer, said: "The Board of Directors is pleased to take the next step in the succession planning process we began several years ago. Eric has provided significant leadership for the organization for eight years and through a number of economic cycles. Prior to joining us, Eric worked as an auditor for Ernst & Young. We believe Eric's industry knowledge and financial acumen will serve the Company well in what has become a constantly evolving and fast-paced transportation marketplace. "

Celadon Group, Inc. ( www.celadongroup.com ), through its subsidiaries, provides long-haul and regional full-truckload freight service across the United States, Canada and Mexico. The company also owns Celadon Logistics Services, which provides freight brokerage services, less-than-truckload services, as well as supply chain management solutions, including warehousing and dedicated fleet services.

SOURCE: Celadon Group, Inc.
       
        Celadon Group, Inc.
        Jeryl Desjarlais, Communications Manager, 800-CELADON Ext. 7070
        317-972-7070 Direct
        jdesjarlais@celadongroup.com

D4 Adds Chief Operating Officer to Its Growing Team
By COO Forum Administrator
2012-05-01

John Rubens, Industry Veteran and Experienced Operations Executive, Joins D4 Executive Team

"D4 is on a very aggressive growth path, with operations, offices and personnel expanding quickly"


ROCHESTER, NY (PRWEB) April 30, 2012

D4, LLC, a national leader in litigation support and eDiscovery services to law firms and corporate law departments, today announced it has added John Rubens, formally of eTERA, to its executive management team in the position of Chief Operating Officer. Rubens, an experienced executive with more than 15 years of experience in operations and leadership roles with growth companies, will be based in D4’s headquarters in Rochester, New York.

“D4 is on a very aggressive growth path, with operations, offices and personnel expanding quickly,” said John Holland, CEO and founder, D4. “John’s experience and industry background will add operational excellence to our organization and provide us with guidance for our growth and ongoing success. His depth and knowledge or our industry and business model is an important asset to us as we grow.”

In his role, John is responsible for developing and deploying solutions to assist D4's clients effectively manage their complex legal, compliance and regulatory requirements. With an extensive background in operational and process analysis, including ESI processing solutions, forensic analysis and data assessment methodologies, John brings a diverse background in legal, information technology and corporate risk management.

During his career, John has successfully managed hundreds of eDiscovery, litigation consulting, data acquisition, and legal review projects around the globe. He has extensive knowledge of large scale enterprise systems, software development processes and solutions, various operating systems and platforms, data backup and restoration software and the use of data acquisition and analysis technologies.

“I am very pleased to be a part of such a dynamic company with a broad portfolio of services that meet the needs of our customers. I look forward to contributing to its future success,” said John Rubens. “It is my goal to work with the entire organization to continue to build D4’s reputation as a well-respected and strong industry leader.”

John is a graduate of Clarkson University with a B.S. in engineering and management. He holds an M.B.A. summa cum laude from Babson College.

About D4

D4 is the national leader in litigation support and eDiscovery services to law firms and corporate law departments. D4 covers the spectrum of the Electronic Discovery Reference Model (EDRM), from identification and preservation of data through forensic and targeted onsite data collection and from data analytics and defensible search methodology through hosted review and production. D4 assists attorneys in litigation response planning, strategies for negotiation of scope and meet-and-confer, computer forensics, expert testimony, cost reduction litigation support projects and in corporate law department operations. The company was founded in 1997 and has offices throughout the country. Visit http://www.d4discovery.com for more information.


John Rubens

Rubicon names Michael Lalonde as new president, chief operating officer
By COO Forum Administrator
2012-05-01

Gold explorer Rubicon Minerals (TSE:RMX) reported that it has hired mining engineer Michael Lalonde as president and chief operating officer, as the company seeks to develop its Phoenix Gold project.

Lalonde’s appointment takes effect on June 1. After six months, Lalonde will take on the position of president and chief executive officer.

David Adamson will remain as chief executive throughout the transitional period and then will assume the position of chairman of the board, afterwards.

Lalonde, who has over 20 years worth of experience, has a Bachelor of Science in mining engineering from Michigan Technological University.

As a result from this appointment, Lalonde will leave his role as director of underground projects at Goldcorp (TSE:G) where he is responsible for guiding construction and development.

His current duties at Goldcorp, a low-cost gold producer, include management for the development of the Cochenour project in Red Lake.

Between 2008 and 2011, Lalonde was general manager of Goldcorp’s Red Lake gold mine in Red Lake, Ontario and responsible for mine infrastructure, development and production programs.

"Mike's appointment is a significant endorsement of Rubicon and our Phoenix Gold Project and I look forward to working with him during the transition and beyond," Adamson said.

Rubicon controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district which hosts Goldcorp's high-grade, world class Red Lake Mine.

Books-a-Million shares jump on offer
By COO Forum Administrator
2012-05-01

Shares of Books-A-Million Inc. jumped 21 percent Monday, after the family that controls the bookseller offered to buy the rest of its shares for about $22.9 million in deal that would make it a private company.

THE SPARK: Executive Chairman Clyde Anderson and other family members currently have about a 53 percent stake in the company. Their $3.05 bid on shares they don't own is a 20 percent premium to Friday's closing price of $2.55.

BACKGROUND: Last month Birmingham, Ala.-based Books-A-Million gave President and Chief Operating officer Terrance G. Finley the additional role of CEO and named Anderson executive chairman. Anderson had served as CEO since 2009.

The company also announced last week that Chief Financial Officer Brian White resigned to pursue other opportunities.

Books-a-Million became the nation's second-largest traditional bookstore chain after Borders liquidated last year. It operates 255 stores in 31 states and the District of Columbia under its own brand and others including Books and Co., 2nd & Charles, and Bookland.

SHARE ACTION: Shares rose 54 cents, or 21.2 percent, to $3.09 in midday trading. The stock had been up 5 percent since the beginning of the year.

Imperial Settles Federal Probe; Operating Chief Neuman Steps Down
By COO Forum Administrator
2012-05-01

It later reported that its premium finance business was also being evaluated and that its chief operating officer, Jonathan Neuman, was the only executive targeted in the government probe. Monday, Imperial said that Neuman has stepped down from the ...

Yusen Logistics COO shares the keys to a - Retail's Big Blog ...
By COO Forum Administrator
2012-05-01

Yusen Logistics COO shares the keys to a better supply chain

As the retail supply chain becomes increasingly complex and integrated, strong partnerships between retailers and transportation providers become even more critical to ensuring an efficient, effective supply chain. Building those partnerships is key, and that’s what many supply chain executives will be doing at the NRF Global Supply Chain Summit, May 6 to 8 in Atlanta.

To kick things off for the upcoming Summit, I asked asked Michael Noone, executive vice president and chief operating officer of Yusen Logistics (Americas) Inc., to share some insights into supply chain challenges for the year ahead, the value of collaboration in an increasingly complex environment and how transportation providers are taking corporate social responsibility seriously.

We are entering the traditional contracting season for retailers and their transportation providers. What do you see as the major issues that both sides need to consider during this year’s negotiations?

Both parties need to continue the dialogue to help cover fluctuating costs. This is especially important when it comes to fuel so that the cost exposure is not borne solely by the carrier. Both parties also need to work together to manage multi-year contracts and discuss rate changes to reflect not only market changes (rates going down) but also cost changes (that usually go up).

When a retailer and their transportation provider have a partnership in which the value to both sides is widely recognized within each organization at the highest levels, it creates its own momentum to move the relationship beyond the standard transportation transaction. For the retailer this usually means competitive ocean rates, responsive customer service and accurate invoicing, reliable space and equipment access, and extensive EDI connections. For the transportation provider, this is seen in good destination/origin cargo mix, slack season support, cost burden sharing, and annual volume growth. It can also lead to multi-service opportunities that lead to their own benefits.

How important is collaboration between retailers and their transportation partners?

The easy answer is ‘very’, but that has always been the case. What we are starting to see now, though, is a real appreciation for the value collaboration can bring, and this comes down to the increasing sophistication and integration of supply chains.

As 3PLs (third-party logistics providers) and logistics companies offer more integrated services – for example, NVOs (non-vessel operating common carriers) as well as domestic transportation services – the relationship between the retailer and transportation provider is more involved, simply because of more touch points. That adds a new dynamic that can offer more value to both parties.

Collaboration while working across multiple transportation modes delivers more benefits to the shipper and the retailer. The greater the collaboration, the better the opportunities to reduce cost, improve efficiencies and manage risk.

Collaboration is also about communicating the issues, too. Not everything goes right every time, and there are also external pressures and challenges that need to be addressed. Good communication lines stop these from becoming big problems and instead allow people to work together on solutions.

What can retailers do to strengthen partnerships with their transportation providers?

Retailers continually ask their providers about the next trends in logistics or where the next savings and efficiencies are going to come from. These are great questions that keep the providers constantly innovating, but without real insight into where the retailer is heading, the transportation provider can’t provide a real answer. It would be easy to throw out new IT ideas or suggest new sourcing areas, but the provider has to be sure it is really aligned with the retailer’s growth plans and direction. Insight into the retailer’s vision also allows a provider to offer better planning and investment strategies.

This comes back to my point about collaboration. Collaboration isn’t one way. It’s a partnership, and that means that both parties have to be open and willing to talk.

Another way to help strengthen partnerships is by using a multifaceted logistics provider. Transportation providers who can offer multiple services can better understand retailer’s needs overall.

What are the biggest challenges facing ocean carriers today? How do you see these issues playing out?

Right now carriers are enjoying some tightening on certain strings, so as a result they are standing firm on rate increases. However, they are facing a market where there will be over capacity, and that will be putting pressure on rate levels. This is partly due to the economy and consumer demand, but also because of new ship orders entering the market. Most likely we’ll see a lay-up of capacity to balance the supply-demand, which will lead to a capacity crunch. Then the challenge will be for retailers to secure space. Fuel costs will also remain an immediate concern in 2012.

Many carriers are heightening their commitments corporate social responsibility and this is becoming very important to your retail partners as well.  Tell us about what you’re doing in this area.

We were just recognized as part of the NYK Group as one of the ‘World’s Most Ethical Companies‘ for the fifth year in a row, which, for us, speaks volumes about the overall vision and direction of the Group. Yusen Logistics itself also now has global certification under ISO14001 for Environmental Management Standards and Green Management Standards. It’s a very important area for us, and something that really makes us stand out from other companies.

These are just two examples, though. There is more to Corporate Social Responsibility (CSR) than recognition or certification. CSR and Environmental Management are concepts that are pushed through the organization at every level, so it’s an area we take great pride and care in as a daily activity. We have an ever evolving list of projects underway in our Warehousing and Transportation divisions designed to cut waste, reduce emissions and energy consumption and provide more sustainable transportation options to our customers.

What got you into this business and what keeps you here?

It started in college with coursework on multinational trade and development, and I was hooked from there. A lot of it came down to, and still does, the dynamics of change in world economies, sourcing shifts and trade growth. Essentially, the ever changing nature of the global economy fascinates me. These changes require us to develop new strategies, and it’s this constant evolution of new challenges to be solved that keeps me interested.

In my 27 years in the industry, I’ve worked for three great, global companies, so the experiences have also been personally rewarding. I’ve had the opportunity to travel, and have met a lot of interesting people through my career. The relationships I’ve built up over the years are very important to me, and I’m glad to say I now count a lot of these people as close friends.

 
Michael Noone, Executive
Vice President and Chief
Operating Officer, Yusen
Logistics (Americas) Inc.

Kent Cleaver named President and Chief Operating Officer of ...
By COO Forum Administrator
2012-05-01

Kent Cleaver named President and Chief Operating Officer of Avenue Bank

Kent Cleaver, a founding officer of Avenue Bank, has been promoted to President and Chief Operating Officer for the bank.

Nashville, Tennessee (PRWEB) April 27, 2012

Kent Cleaver, a founding officer of Avenue Bank, has been promoted to President and Chief Operating Officer for the bank.

"Kent is a tremendous leader at Avenue Bank, having been one of the founders," Ronald L. Samuels, CEO and Chairman of the Board of Avenue Bank said. "A transition like this is common for a company that experiences the growth we have. When Avenue Bank began, we had a small number of people wearing a number of different hats.

"Five years later, with total assets of $667 million and 98 employees, now is the right time for us to operate in more defined leadership roles, and Kent is excellent for this. He has been a dedicated partner from day one."

Mr. Samuels continues as Chief Executive Officer, and Chairman of the Board. He will be leading the strategic planning and community direction for the bank, as well as advising on planning and development.

Mr. Cleaver will focus on business development for the bank, as well as oversee and manage the day to day operations. As President of the bank, he is now a member of the board of directors. He has served as Chief Operating Officer of Avenue Bank since its opening in July of 2007.

A native Nashvillian, Mr. Cleaver has 33 years of experience in banking, including retail and commercial, sales management, and operational management at a statewide level.

He is a graduate of Lipscomb University in Nashville and an active member of the Middle Tennessee community, currently serving on the Executive Committee for the Lipscomb University Business Leadership Council, and the Board of Visitors for the College of Business at Lipscomb. Mr. Cleaver has been an advocate for the Nashville Area Habitat of Humanity having served as Chairman, and Vice Chairman for the Board of Directors, as well as Chair of the Finance Committee, Treasurer, and Executive Committee.

About Avenue Bank
Avenue Bank opened in July, 2007, and aims to be Nashville's signature bank. Avenue Bank offers business and personal banking services through a team of professionals dedicated to serving the creative spirit of Nashville. The bank's name reflects the creative, entrepreneurial, friendly and boutique environment which clients immediately experience on arrival - including Avenue's unique "concierge service."

Avenue Bank has been recognized as a "top employer" by Business Tennessee and the Nashville Business Journal. Avenue Bank's headquarters office is in the historic Baggage Building at Union Station, with branches in Nashville and Franklin. For more information, visit www.thedifferenceisreal.com

Please note: Hi-res photos are available upon request.

Contact: Keel Hunt 615.321.3110

Foster Denovo appoints new chief operating officer
By COO Forum Administrator
2012-05-01

National IFA firm Foster Denovo has hired Helen Lovett, as chief operating officer, a week after it announced plans to hit the acquisition trail after posting a £1 million profit for 2011.

Lovett will be responsible for managing the national IFA’s operations including IT, HR, sales support, and preparing the group’s employee benefits arm for the retail distribution review (RDR).

Lovett has been head of corporate strategy and business systems at network Inter-Alliance and interim operations director at PAYE service Parasol Group. Most recently, she worked at Centrica.

Roger Brosch (pictured), Foster Denovo chief executive, said: ‘Helen will be a very strong and complementary addition to the executive team, as we prepare for growth.

‘She has an outstanding record of managing strategic change and leading operational teams predominantly in financial services organisations; it is this blend of experience which has led to her appointment.’

She will also be joining the company’s executive team.

Northern Lion Appoints Chief Operating Officer
By COO Forum Administrator
2012-05-01

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/01/12 -- Northern Lion Gold Corp. ("Northern Lion" or the "Company") (TSX VENTURE:NL)(FRANKFURT:N3E) announces the appointment of Mr. Brian McEwen, P.Geo., to the position of Chief Operating Officer ("COO") of the Company effective immediately.

Mr. McEwen is a professional geologist with more than thirty years of exploration and production experience in open-pit and underground mining projects and operations. His experience includes project management, economic evaluations, resource and reserve evaluations for various precious and base metal companies worldwide. In addition to senior technical and managerial roles with various public and private companies, Mr. McEwen has served on the board of several public companies and has been involved in raising capital for project financing.

Company President and CEO, John Lando, commented: "We are pleased to have Brian join Northern Lion. He brings a wealth of industry experience and will be a valuable addition to the team in advancing our projects in Cyprus and evaluating new opportunities."

In connection with the appointment of Brian McEwen to COO, the Company has granted incentive stock options to purchase 250,000 shares, exercisable at a price of $0.08 per share for a period of five years. The options were granted under and are subject to the terms and conditions of the Company's Stock Option Plan.

About Northern Lion

Northern Lion Gold Corp. is a Canadian mineral exploration company, listed on the TSX Venture Exchange and the Frankfurt Exchange. The Company is committed to building a strong portfolio of projects within mining-friendly and infrastructure-rich areas of Europe.

NORTHERN LION GOLD CORP.

John Lando, President

This news release includes "forward-looking information", as such term is defined in applicable securities laws. The forward-looking information includes, without limitation, the success of exploration activities and other similar statements concerning anticipated future events, conditions or results that are not historical facts. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among others, risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; potential defects in title to the Company's properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties. Accordingly, actual future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. All statements are made as of the date of this news release and, except as required by law, the Company is under no obligation to update or alter any forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contacts:
Northern Lion Gold Corp.
John Lando
(604) 669-2701 or Toll Free: 1-800-663-0510

Northern Lion Gold Corp.
Ian Mitchell
(604) 669-2701 or Toll Free: 1-800-663-0510
(604) 687-4670 (FAX)
info@northernliongold.com
www.northernliongold.com

Charter Communications Appoints New Chief Operating Officer
By COO Forum Administrator
2012-05-01

The cable company is filling its executive ranks with former Cablevision hands.

Charter Communications, the fourth largest cable company in the U.S., has named John Bickham as its new chief operating officer. Bickham will be responsible for overseeing the operations of a company that emerged from bankruptcy in 2009 and earned more than $7 billion in revenue last year.

The appointment marks the second time in the last few months that Charter has taken a top executive from Cablevision, often credited as helping move the cable industry forward by bundling video with Internet and phone services. In December, Charter hired as its new president and chief executive Tom Rutledge, who was previously Cablevision's chief operating officer.

Now at Charter, Rutledge is grabbing one of his former colleages as his own COO. Bickham most recently served as president of cable and communications for Cablevision.

Bickham has also served in the past as an executive vice president of Time Warner Cable, a founding executive at KBLCOM, and in 2007, was given the cable industry's Vanguard Award for operations management for more than two decades of service in the industry.

"John knows this industry well, and appreciates what it takes to run operations most effectively," said Rutledge. "We've worked together for many years and I'm confident in his ability to help this organization achieve its full potential."

2tor Appoints Catherine Graham as New Chief Financial Officer
By COO Forum Administrator
2012-05-01

Robert Cohen, 2tor's Acting CFO & COO, to Continue to Serve as COO

LANDOVER, Md., May 1, 2012 /PRNewswire via COMTEX/ -- 2tor, Inc., announces today it has appointed Catherine Graham as its new Chief Financial Officer (CFO). 2tor partners with top-tier higher education institutions to deliver rigorous, selective degree programs online by providing universities with the technology platform, instructional design, marketing and infrastructural support.

Graham has over 20 years of experience in the banking and technology sectors, and has managed a number of successful IPOs, strategic acquisitions and organizational sales. Graham previously served as executive vice president and CFO of Online Resources Corporation where she had financial management, investor relations and corporate administrative responsibility. Prior to Online Resources, Graham served as CFO and led financial teams at DavCo, the largest franchisee of Wendy's International, and VIA NET.WORKS, Inc., a $100 million international internet services and web-hosting provider. Prior to VIA NET.WORKS, Graham was vice president of finance and investor relations officer for Yurie Systems and headed the transition team after the sale of the company to Lucent Technologies. Graham holds an M.B.A. from Loyola College in Maryland.

"We're delighted to add Catherine to the 2tor leadership team," says, Chip Paucek, co-founder and Chief Executive Officer of 2tor. "Catherine's experience with fast-growth companies, deep expertise in leading a wide breadth of corporate financial events and remarkable attitude makes her a perfect functional and cultural fit for the company. 2tor is growing at a rapid rate and we're working towards our mission to deliver groundbreaking online graduate education while creating a great place to work for our employees."

Sitting CFO and Chief Operations Officer (COO), Robert Cohen, will continue to lead 2tor operations in the role of COO. Cohen has served on 2tor's management team for over three years and has led the company's fundraising efforts securing over $90 million in venture funding. Prior to 2tor, Cohen spent most of his professional career in leadership roles at The Princeton Review. From 1985 to 2001, Rob co-owned and ran the largest franchise of The Princeton Review, managing offices in six states, including New Jersey and Massachusetts, and in Quebec. In 2001, he sold his franchises back to the company and took on a number of senior roles in the national organization, including divisional CFO, executive vice president of strategic development, and executive vice president and general manager of its K-12 services. Cohen attended Princeton University.

2tor is based in Landover, MD. To learn more about the company, please visit http://www.2tor.com .

About 2tor, Inc.

2tor, Inc. partners with top-tier universities to deliver rigorous, selective graduate programs online. Founded in 2008 by a unique team of education veterans, the company provides universities with the web technologies, infrastructural support and capital needed to compete in a space previously dominated by mediocre online programs. 2tor is one of the highest-funded education technology startups in the United States. The company has partnered with prestigious research universities to deliver the following groundbreaking online degree programs:

USC Rossier Online: Master of Arts in Teaching and Master's of Education in Advanced Instruction from the University of Southern California's Rossier School of Education

MSW@USC: Master of Social Work from the University of Southern California School of Social Work

Nursing@Georgetown: Master's in Nursing from Georgetown University School of Nursing & Health Studies

MBA@UNC: Master of Business Administration from the University of North Carolina at Chapel Hill's Kenan-Flagler Business School

MPA@UNC: Master of Public Administration from the University of North Carolina at Chapel Hill's School of Government

Kenna Appoints New President and CEO
By COO Forum Administrator
2012-05-01

Apr 30, 2012 (ACCESSWIRE-TNW via COMTEX) -- SASKATOON, SASKATCHEWAN -- Kenna Capital Corp. CA:MMG -12.50% ("Kenna" or the "Company") is pleased to announce the appointment of Mr. Shane W. Shircliff of Saskatoon, Saskatchewan as President and Chief Executive Officer, effective April 30, 2012. Mr. Shircliff is also a director of Kenna, and will be assuming the President and CEO duties from Mr. Corey Giasson who will continue support Kenna as a member of the board of directors.

With a Bachelor of Commerce degree (Finance and Economics) and a Masters of Business Administration from the University of Saskatchewan, Mr. Shircliff has extensive experience with large international mining corporations in corporate development and management. He has served in various senior management, executive and board positions, and is presently a director and COO of Westcore Energy Ltd. CA:WTR +2.86% . Previously, Mr. Shircliff was employed with Cameco Corporation as Director of Corporate Development and Power Generation, where he was responsible for growing the company's uranium business through merger, acquisition and joint venture activities.

"I am very excited about the prospect of working to grow and position Kenna as a leading exploration company," said Mr. Shircliff. "The opportunity to work with a strong board and management team that brings production, exploration, permitting and financial strengths to the company is one of the many reasons for my enthusiasm. With the ultimate goal of delivering value to our shareholders, my immediate focus will be on rapidly advancing the Elizabeth Lake project while assessing new opportunities for Kenna."

About Kenna

Kenna is a public junior resource exploration company that is listed on the TSX Venture Exchange under the ticker symbol: MMG. The Company recently completed its Qualifying Transaction, which involved the acquisition of 100% of all rights, title and interests in the Elizabeth Lake copper, silver, gold project that is situated 26 kilometers north of La Ronge, Saskatchewan. The property consists of 4 claims covering 825 hectares and a considerable amount of exploration work has been conducted since the discovery of copper in 1967. A review of the past results suggests a deposit that is open to the north, south and at depth, and combined with the results of recent VTEM airborne geophysical surveys, indicates a number of high quality, untested geophysical drilling targets on the property.

Other Information

Except for statements of historical fact relating to the Company, the information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Career Partners International – Houston Appoints John F. Burke as Senior Vice ...
By COO Forum Administrator
2012-05-01

Career Partners International – Houston Appoints John F. Burke as Senior Vice President & Partner and Opens Retained Search Office

Career Partners International – Houston (CPI Houston) appointed John F. Burke as senior vice president and partner to lead Performance Search Group, the contingency recruiting and contract labor division, as well as CPI – Houston’s newly established retained search division.

Houston, TX (PRWEB) May 01, 2012

Career Partners International – Houston appointed John F. Burke as senior vice president and partner responsible for the recruiting and search divisions of CPI Houston. In this role, John leads Performance Search Group, CPI Houston’s contingency recruiting and contract labor division, and the newly established retained search division, a joint venture between CPI Houston and Kensington International, the Chicago-based partner of Career Partners International. In response to the growing need within organizations for high quality recruiting and placement services, CPI Houston partners with organizations and leaders to ensure the right candidates are considered for the right positions. With Mr. Burke’s extensive operations and consulting experience, he brings the right combination of leadership and consulting expertise to continue the growth and expansion of CPI Houston’s contingency and retained search groups.

Michael D. McKee, Managing Partner of Career Partners International – Houston, stated, “As one of the fastest growing talent markets in the US, meeting the talent acquisition challenges that organizations face in Houston requires business acumen and in-depth knowledge of industries, talent sources, and executive leadership needs. There is not a more qualified and experienced leader than John Burke to partner with our clients to address these needs.”

Burke brings over 30 years of experience in sales, marketing and operations leadership to this role. Prior to joining CPI, Burke was General Manager of the Houston office for an international talent management consulting firm. During his tenure he increased annual revenues over 350% by introducing and promoting talent related services and products supporting the energy, oil and gas, logistics, manufacturing and retail industries. His multi-faceted career also includes extensive experience in the staffing arena as well as the flexible packaging and chemical products industries where he held positions ranging from account representative to COO and worked with key accounts such as Frito Lay, Nabisco, Philip Morris and Kraft.

Burke shared, “The opportunities in the Houston talent management and recruiting markets are unsurpassed anywhere in the world. As a leader in the energy and health care industries, as well as manufacturing, technology, and services, Houston is an international economic engine and a magnet for top talent. Career Partners International, as one of the fastest growing talent management consulting organization’s in the world, has done an exceptional job in recent years of expanding their foot print, building their brand, and acquiring the resources essential to meet the demands of their global clients. Being a part of this exciting organization and contributing to the development of talent solutions in Houston and globally is exactly the challenge I need at this stage of my career.”

Through Performance Search Group, CPI Houston has been very active in professional placement of candidates in Houston and internationally, especially within the energy, oil and gas, oil field services, engineering/construction and process industries. Kensington International, headquartered in Chicago, has been a leader in the retained search business for over 20 years with expertise serving many industry sectors including industrial, consumer, financial services, transportation and logistics, construction, and energy.

“As the demand for recruitment of senior leadership and technical talent expands in Houston, it is clear that the time is right to enter the retained search segment of the business,” said McKee. “Kensington International, our Chicago-based CPI partner, has the established reputation and infrastructure in retained search necessary to immediately provide the quality of candidates and the caliber of service that is essential for our clients and supports our brand. We are proud to provide retained search services through the establishment of Kensington International – Houston.”

Burke added, “As a preferred provider of recruiting solutions, both Performance Search Group and Kensington International - Houston collaborate with forward thinking companies to source the best candidates that fit their culture and position requirements for a competitive edge in the short and long term.”

“We are pleased to support our client companies in the vital areas of retained and contingency search, as well as contract personnel,” continued Burke. “Filling talent gaps at all levels of the organization, and especially when the knowledge and skills of experienced workers is needed to complement less experienced and younger employees, requires the full range of recruiting capabilities.”

“Combining the resources of our CPI partner Kensington International, the formable leadership of John Burke, our experienced recruiters and market intelligence,” emphasized McKee, “allows us to apply the latest employment trends and techniques for optimal results in matching the right candidates with the right companies. Sourcing and attracting top talent for our clients and utilizing best practices to maximize satisfaction for both candidate and client companies is ultimately based on our unwavering commitment to a relationship of trust and integrity.“

About Career Partners International
Established in 1987, Career Partners International is one of the world’s largest and most successful global providers of talent management solutions. Organizations of all sizes and industries turn to Career Partners International to successfully assess, engage, develop and transition talent using the expertise of over 1600 professionals in the areas of assessment, executive coaching, leadership development and outplacement. With more than 200 offices in over 35 countries around the world, Career Partners International assures that its clients have local experts in talent development, career management, executive coaching, outplacement and career transition services. Additional information can be found by visiting http://www.cpiworld.com.

About Career Partners International - Houston
CPI Houston has a 25-year track record of success in Houston and Austin facilitating talent management optimization. Their comprehensive services and internationally recognized products enhance their ability to meet the needs of client companies, positioning the firm as one of the leading talent management consulting practices in Houston and Austin. The Performance Search Group and Kensington International brands reflect a legacy recruiting organization committed to high quality placement results. For more information visit: http://www.cpihouston.com, http://www.kionline.com and http://www.performancesearchgroup.com.

CONTACT: Career Partners International - Houston
2000 Bering Dr., Suite 460
Houston, TX 77057
Sheryl Dawson, Executive Partner
sdawson(at)cpihouston(dot)com

CONTACT: Career Partners International
Kim Mills, Vice President
kim.mills(at)cpiworld(dot)com

Charter Names Former Cablevision Executive Bickham COO
By COO Forum Administrator
2012-05-02

Charter Communications Inc. (CHTR), the fourth-largest U.S. cable-television provider, named John Bickham chief operating officer, filling a job that had been open since 2010.

He joins the company from Cablevision Systems Corp. (CVC), where he was president of cable and communications, St. Louis-based Charter said today in a statement. In December, Charter named former Cablevision COO Thomas Rutledge chief executive officer. Bickham resigned from Cablevision in November.

“We’ve worked together for many years and I’m confident in his ability to help this organization achieve its full potential,” Rutledge said in the statement.

Charter hasn’t had a chief operating officer since Mike Lovett in 2010. Lovett was promoted to CEO and ran the company until February, when Rutledge took over. Charter provides cable- TV, Internet or phone service to more than 5 million customers in 25 states.

Bickham signed a four-year contract with a base salary of $1.38 million, with annual increases as determined by Charter’s compensation committee, according to a company filing. Before joining Cablevision in 2004, Bickham was executive vice president at Time Warner Cable Inc.

Charter rose 0.9 percent to $61.02 at the close in New York. The shares have gained 7.2 percent this year.

Charter Hires Former Cablevision Executive John Bickham As COO
By COO Forum Administrator
2012-05-02

NEW YORK (DOW JONES)--Cable operator Charter Communications Inc. (CHTR) Tuesday said it hired John Bickham as its chief operating officer, adding another top executive to its ranks who previously worked at Cablevision Systems Corp. ...

Charter Taps Another Ex-Cablevision Executive
By COO Forum Administrator
2012-05-02

Charter Communications Inc.'s Chief Executive Tom Rutledge appears to be reassembling his old Cablevision crew at his new company.

St. Louis-based Charter said Tuesday that John Bickham, a former Cablevision Systems Corp. executive, will join Charter as chief operating officer, filling a position that had been vacant since 2010. Mr. Bickham's appointment comes just a few months after Mr. Rutledge quit as COO of Cablevision and took the reins at Charter. Mr. Bickham had quit Cablevision in November, a few weeks before Mr. Rutledge resigned.

Mr. Bickham and Mr. Rutledge have ...

Charter Names John Bickham Chief Operating Officer
By COO Forum Administrator
2012-05-02

Provides operating strength as Charter focuses on improving fundamentals

ST. LOUIS, May 1, 2012 /PRNewswire via COMTEX/ -- Charter Communications, Inc. CHTR -1.25% announced today that John Bickham joined the Company effective April 30, 2012 as Chief Operating Officer. In his new position, Mr. Bickham will be responsible for managing operations across Charter's footprint.

A 26-year veteran of the cable industry, Mr. Bickham most recently served as President of Cable and Communications for Cablevision.

"John knows this industry well, and appreciates what it takes to run operations most effectively," said Tom Rutledge, Charter's President and Chief Executive Officer. "We've worked together for many years and I'm confident in his ability to help this organization achieve its full potential."

Prior to joining Cablevision in 2004, Mr. Bickham was Executive Vice President for Time Warner Cable with corporate responsibility for a number of large markets. In 1986 Mr. Bickham was a founding executive of KBLCOM, a cable company that partnered with ATC and owned cable systems with 1,700,000 customers. His tenure with KBLCOM ended in 1995 as President and Chief Operating Officer.

Mr. Bickham serves on the Cable Center Board and was honored with the industry's Vanguard Award for Cable Operations Management in 2007. He received his bachelor's degree in electrical engineering from Texas A&I University.

About Charter Charter CHTR -1.25% is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter TV® video entertainment programming, Charter Internet® access, and Charter Phone®. Charter Business® similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found at charter.com.

Charter CEO brings over Cablevision vet as COO
By COO Forum Administrator
2012-05-02

ST. LOUIS — Charter Communications Inc., the country's fourth-largest cable company, on Tuesday said John Bickham has joined the company as chief operating officer.

Bickham was the president of cable communications at Cablevision Systems Corp., the next smaller cable company, until he resigned in November.

Tom Rutledge, Charter's CEO, was the chief operating officer at Cablevision until December, and Bickham was his second-in-command there.

Charter hasn't had a chief operating officer since April 2010, when Mike Lovett, who held the title, became CEO. Steven Apodaca is president of operations, and will answer to Bickham, Charter spokeswoman Anita Lamont said.

St. Louis-based Charter has 4.3 million cable-TV subscribers.

In midday trading, Charter Communications shares added 58 cents to $61.05. The stock has traded as low as $41.33 and as high as $65.32 in the past 52 weeks.

Charter Names Bickham COO
By COO Forum Administrator
2012-05-02

26-Year Vet Will Manage Operations Across MSO's Footprint

Charter Communications CEO Tom Rutledge continued to get the old band back together Tuesday, naming his former second in command at Cablevision Systems, John Bickham, chief operating officer at the St. Louis-based MSO.

Cablevision president John BickhamBickham, a 26-year veteran of the cable industry, is the second former Cablevision executive that Rutledge has hired at his new company since becoming CEO in December. Prior to Bickham's appointment, former Cablevision EVP of marketing Jonathan Hargis joined Charter as EVP and chief marketing officer in April.

Bickham and Rutledge have a long history together - Bickham served 18 years at the second largest MSO in the country in various roles, including about 10 years while Rutledge was president. He left Time Warner Cable in 2004 to join his old boss at Cablevision when Rutledge joined that company in 2002.

Bickham left Cablevision in November, after serving eight years at the Bethpage, N.Y.-based MSO, most recently as as president of cable and communications.

In 1986 Bickham was a founding executive of KBLCOM, a cable company that partnered with ATC and owned cable systems with 1.7 million customers. His tenure with KBLCOM ended in 1995 as president and COO.

Bickham serves on the Cable Center Board and was honored with the industry's Vanguard Award for Cable Operations Management in 2007. He received his bachelor's degree in electrical engineering from Texas A&I University.

At Charter, Bickham will manage all operations across the MSO's footprint, consisting of about 4.8 million customer relationships.

"John knows this industry well, and appreciates what it takes to run operations most effectively," Rutledge said in a statement. "We've worked together for many years and I'm confident in his ability to help this organization achieve its full potential."

Former city administrator, Wayne County COO Bella Marshall dies
By COO Forum Administrator
2012-05-02

Detroit— Bella Marshall, 62, a former appointee in the administration of the late Mayor Coleman Young and estranged wife of casino owner Don Barden, has died.

Marshall's body was discovered around 9:30 a.m. Tuesday morning in her Detroit home. The cause of death has not been determined. An autopsy is planned for Wednesday.

Relatives tried unsuccessfully for two days to reach Marshall.

Most recently, Marshall worked as a chief operating officer for Wayne County, serving under County Executive Robert Ficano. He called her a dedicated businesswoman and public servant.

"Today I lost a friend and former colleague." Ficano said in a statement Tuesday. "She was hard-working and a passionate voice for the people.Whileshe was fortunate herself, she never forgot her roots. She will be missed by the many lives she touched."

Detroit City Council member JoAnn Watson called for a moment of silence in Marshall's memory during Tuesday's meeting. Councilwoman Saunteel Jenkins asked her colleagues to pray for Marshall's college-aged daughter, Alana Barden.

A native of Windsor, Ontario, Marshall was Detroit's finance director under Young beginning in the late 1970s. She was heralded as one of the first African-American women to be appointed as a finance director for a major U.S. city. In addition to an undergraduate degree from Wayne State University, she held a law degree from the University of Michigan. She took a job with the Michigan State Housing Development Authority shortly after graduating from Michigan.

A few years later, Marshall was tapped by Young to head Detroit's budget office.

Colleagues of Marshall, including Charlie Williams, another Young appointee, said Marshall was known for her ability to get a tough municipal bond project passed and financing secured for Joe Louis Arena and later for the controversial Detroit Incinerator, which required about $300 million in bonds.

"Everybody will tell you that she was very, very energetic," Williams said Tuesday. "She was always thinking outside the box."

During her tenure as head of the city's finance department, Marshall met future husband Don Barden, the CEO of Continental Cable, which later became Barden Cable. The couple wed in 1988 in a lavish ceremony and became known as the city's power couple.

"Don and Bella's first date was at my wedding in 1984," said friend John Arnold, a former radio talk show host in Detroit. "They were two completely different people. She was more direct, and Don was more down to earth, but I think they complemented each other."

After the election of Dennis Archer in 1993, Marshall went to work for her husband at his residential development company, Waycor.

Before Barden's death, in May 2011, the couple, estranged by then, feuded legally over business affairs and money. Marshall also sought to have him declared incompetent to manage his affairs because of his declining health, but she later withdrew her request.

The court battle continued after Barden's death, even over funeral arrangements and his estate.

Barden, who died at 67, wasn't buried until six months later because of the legal dispute between his heirs and wife. His sister, Jacqueline Barden Barker, sued Marshall to block her from moving her brother's body to another funeral home.

Barden filed for divorce five months before he died but that case was dropped after his death.

Barden was the owner, chairman and chief executive officer of Barden Companies Inc., the Majestic Star and Fitzgerald's casinos and hotels, and Waycor Development Co.

Arnold said Marshall considered a run for mayor of Detroit, but he believes the contentious battles with Barden and then his family following his death from lung cancer diminished her dreams of possibly becoming Detroit's first female mayor.

 Bella Marshall, right, with husband Don Barden
in 2009. (Ricardo Thomas / The Detroit News)

Charter Names John Bickham Chief Operating Officer - Benzinga
By COO Forum Administrator
2012-05-02

Charter Communications, Inc. (NASDAQ: CHTR [FREE Stock Trend Analysis]) announced today that John Bickham joined the Company effective April 30, 2012 as Chief Operating Officer. In his new position, Mr. Bickham will be responsible for managing operations across Charter's footprint.

Conde Nast Entertainment Names Sahar Elhabashi Exec VP/COO ...
By COO Forum Administrator
2012-05-02

Condé Nast Entertainment has named Sahar Elhabashi its new Executive Vice President, Chief Operating Officer. Elhabashi most recently was with her own private consultancy firm, and prior to that she was COO of Discovery Networks International. At Condé Nast Entertainment, Elhabashi will be charged with strategic planning for all of the company’s divisions.

“Sahar is a seasoned executive,” said Dawn Ostroff, President of Condé Nast Entertainment. “Her incredible skill set and experience working within large companies coupled with her entrepreneurial spirit will be an invaluable resource as we create new businesses and opportunities that extend our iconic brands.”

Elhabashi’s appointment is effective immediately.

Facebook COO Sheryl Sandberg: 'Our Dream Is to Save Lives'
By COO Forum Administrator
2012-05-02

Facebook’s new-life saving tool that helps people become organ donors evolved in part out of a note the company’s COO Sheryl Sandberg read on her college reunion newsletter.

Sandberg, a Harvard grad, told ABC’s “World News” anchor Diane Sawyer that her fellow alumni write “passages about their lives” ahead of reunions and she read one by Dr. Andrew Cameron for the class’ 15th reunion.

Cameron is  the head of liver transplants at Johns Hopkins Hospital. “He wrote about the patients who die waiting for organs and talking to their families about, ‘We’re so sorry. We don’t have an organ to save your husband, your father, your daughter, your son,’” Sandberg told Sawyer.

“This was hugely meaningful for me,” she said.

It would take another five years before Sandberg would be in the position to take action.

“At our 20th reunion, Sheryl was now COO at Facebook, and with this really powerful communication tool in hand, we crossed paths again,” Cameron told ABC News. “She said, ‘I remember what you wrote last time and I think Facebook can help with the problem of organ donation.’”

According to Sandberg, Cameron helped Facebook work with the medical community during development of the tool.

“Our dream is to save lives. … If enough people register and enough people start donating, this is a problem that we could dramatically decrease,” she said.

There are currently more than 114,000 Americans waiting for organ transplants that could save their lives, according to the United Network for Organ Sharing. An estimated 18 people die each day while waiting for an organ transplant.

“The organ donation crisis is not a medical crisis, it’s a social crisis,” Sandberg said. “It’s a solvable problem with existing technology. These patients don’t have to die if enough people donate.”

She added, “I think one of the things Facebook does is it gives us real identity. You know, when you see someone on Facebook, you don’t see a name on a list. You see them.”

However, when it comes to solving problems like unemployment, Sandberg looks away from Facebook and toward education.

“You know, it used to be a generation ago that you could get the best education no matter who you were as an American, comparable or better than anywhere in the world. The data shows quite clearly that that’s no longer true,” Sandberg said.

“We’re failing our children. And then as they grow up into adults, we fail them again.  And this is something I think we all are united, that we absolutely have to fix for the future of our country, for these children who just deserve better and for our economy.”

For Sandberg, who grew up in a family of doctors, working to help other is something that is in her blood.

“My father is, both my brother and sister are physicians. And the concept of working, you know, to save lives was something that, you know, I was brought up with,” she told Sawyer. “My first job out of college I worked at the World Bank and I worked on leprosy and other medical problems in India.  And so, you know, for me it’s always been really important to try to do things that help other people.”

Sandberg says she hopes the new tool inspires other people to leverage Facebook to solve social problems.

“The power of Facebook is that people step forward and try to help other people and save lives,” Sandberg said. “If this leads to an outpouring of ideas from all over of other ways people can use Facebook to save lives, that would be terrific.”

Note: There is no age minimum or maximum for being an organ donor.

Luxury Goes Mobile; The Ritz-Carlton Hotel Company, L.L.C. Debuts Mobile App ...
By COO Forum Administrator
2012-05-02

Luxury Goes Mobile; The Ritz-Carlton Hotel Company, L.L.C. Debuts Mobile App With Personal Tips From President & C.O.O., Herve Humler

Not content to launch an app with basic functionalities, The Ritz-Carlton App serves up exclusive tips, tours and integrates with the brand's other social platforms such as Foursquare, World Concierge


CHEVY CHASE, Md., May 1, 2012 /PRNewswire via COMTEX/ -- The long anticipated Ritz-Carlton Mobile App will more than surprise users. Always anticipating the unexpressed needs of guests and travelers worldwide, The Ritz-Carlton Hotel Company, L.L.C. debuts a mobile application that goes well beyond basic hotel search and reservation functionality, initiating a distinctive experience before a hotel visit has even begun.

Most notably, The Ritz-Carlton App includes Presidential Tips. As president of the luxury hotel company, Herve Humler has seen and experienced all that is so unique and exquisite about Ritz-Carlton hotels - from a secluded garden in Sanya to a one-of-a-kind Viennese crystal chandelier in Doha, he shares his favorite tips about each hotel with consumers.

"In my role, I am fortunate to be able to visit all of our stunning locations around the world," said Herve Humler, president and COO . "I want to enrich the Ritz-Carlton experience for our guests further with details about the things I have found to be quite unique and memorable in my travels. With The Ritz-Carlton App I can now do that very easily and in real-time."

Imagine arriving at a destination with special access to VIP insider information. Using The Ritz-Carlton App for Apple iPhones and Android smart phone devices, guests can turn their stay into something truly extraordinary. To learn Presidential Tips, guests simply use the App to scan a QR code at the time of check-in.

In addition, The Ritz-Carlton App will debut with 20 hotels providing QR code experience tours on-property. Examples among the first hotels to launch are:

The Ritz-Carlton, Kapalua, where guests can participate in a Cultural Art tour led by QR codes that will allow them to learn more about the hotel's art collection.

The Ritz-Carlton, Hong Kong, where guests will be able to learn more about wine pairings at the Highest Hotel in the World.

The Ritz-Carlton, Berlin, where young guests will be able to enjoy a digital scavenger hunt, led exclusively by QR codes and clues at each stop.

The Ritz-Carlton New York, Battery Park, the hotel's signature 10-year anniversary cocktail will be served on a napkin that features a special QR code; it holds the cocktail's recipe for guests to take home with them.

But the unique aspects of the app don't stop at exclusive tips and tours. GPS technology also allows the application to recognize when a guest has arrived at a Ritz-Carlton and can provide location specific advice, information and even exclusive offers. With the tap of the finger, guests can learn more about local area culture and customs, concierge tips and even the hotel's art collection. The App also integrates The Ritz-Carlton World Concierge global recommendations from Four Square, the social media platform. New destination and landmark tips are populated by Ritz-Carlton Concierge experts all over the world every week.

Engaging the capabilities of the App, guests can also easily keep up with a resort's activity calendar so they'll never miss a wine tasting, s'mores roast or activity for the children. And, just in case they need reminding, they can enable push notifications directly to the App's message mailbox.

Find, explore and reserve any Ritz-Carlton Hotel around the world with one touch. Make reservations, check itineraries, and even manage Ritz-Carlton Rewards accounts in a simple, convenient format.

Download the Ritz-Carlton App at www.RitzCarlton.com/App now available globally.

Let us navigate your journey. Let us stay with you.

The Ritz-Carlton Hotel Company, L.L.C. of Chevy Chase, Md., currently operates 77 hotels in the Americas, Europe, Asia, the Middle East, Africa, and the Caribbean. More than 30 hotel and residential projects are under development around the globe. The Ritz-Carlton is the only service company to have twice earned the prestigious Malcolm Baldrige National Quality Award which recognizes outstanding customer service. For more information, or reservations, contact a travel professional, call toll free in the U.S. 1-800-241-3333, or visit the company website at www.ritzcarlton.com . TheRitz-Carlton Hotel Company, L.L.C. is a wholly owned subsidiary of Marriott International, Inc. MAR -2.02%.

--Concept developed by two long-time friends, Facebook's COO and a Johns ...
By COO Forum Administrator
2012-05-02

Facebook to Ask Users to Share Organ Donor Status

-Concept developed by two long-time friends, Facebook’s COO and a Johns Hopkins transplant surgeon


Newswise — When Harvard University friends Sheryl Sandberg and Andrew M. Cameron, M.D., Ph.D., met up at their 20th college reunion last spring, they got to talking. Sandberg knew that Cameron, a transplant surgeon at Johns Hopkins, was passionate about solving the perennial problem of transplantation: the critical shortage of donated organs in the United States. And he knew that Sandberg, as chief operating officer of Facebook, had a way of easily reaching hundreds of millions of people.

Talking turned to brainstorming. The result: Starting today, Facebook users can now share their organ donor status with friends and family in the same way they share basic information about where they went to college or who they are married to. The hope is that, by starting a conversation with friends and family through social media, the discussion will go viral, with a critical mass of people educating themselves about the benefits of organ donation and choosing to register as organ donors.

“Doctors save lives one person at a time. Sheryl is able to reach people millions at a time,” says Cameron, an associate professor of surgery at the Johns Hopkins University School of Medicine and surgical director of liver transplantation. “We have a public health problem that really just needs education, communication and discussion. It’s a great match.”

More than 114,000 people are waiting for hearts, livers and kidneys and other organs in the United States. Someone dies every four hours waiting for a transplant. The need for organ donation keeps increasing, while the rate of donation over the past 20 years is almost flat, despite widespread public health campaigns. In surveys, upwards of 90 percent of Americans say they favor organ transplantation, but only 30 percent of the 200 million in the U.S. with driver’s licenses are official organ donors. That leaves a large number of people in the middle who are conceptually in agreement with the idea but haven’t officially checked the box to make their wishes known.

“It’s an awkward and difficult conversation to have about what will happen to you after you die, and the department of motor vehicles is a particularly difficult environment in which to ask people to make important decisions about their lives,” Cameron says. “But Facebook, where you are already sharing your wishes and thoughts and likes with your friends and loved ones, may be a natural place to share your feelings about organ donation. This application will make having that conversation even easier.”

In a blog post this morning, Sandberg and Facebook CEO Mark Zuckerberg say that adding a tool to share organ donor status is another step in the evolution of the social network into a powerful vehicle for communication and problem solving.

“As this happens, we hope to build tools that help people transform the way we all solve worldwide social problems,” they write. “Medical experts believe that broader awareness about organ donation could go a long way toward solving this crisis. And we believe that by simply telling people that you're an organ donor, the power of sharing and connection can play an important role.”

The organ donor status will be part of Facebook’s new Timeline feature, which asks users to share stories and photographs from their earliest days. Facebook is now making it easier for users to get more information about donation — including the myths and misperceptions associated with organ donation — and is offering links to state databases where users can make their desire to donate official, just as if they had checked the box at the department of motor vehicles.

“I can’t tell you how many times a family, faced with the death of a loved one, says they wished they had asked about organ donation before that person died,” Cameron says.
He and a team at Johns Hopkins intend to carefully study the effect the Facebook effort has on organ donation rates. If it is successful, Cameron says he believes it could be used as a prototype for tackling other challenging public health problems.

“Getting people to donate their organs has been an intractable public health problem. It stands in contrast to other public health campaigns such as seat belts or drunk driving, which have had major impacts,” he says. “If we succeed on Facebook with organ donation, it could be a model for how to use of-the-moment social media to solve important medical issues.”

Harrisburg City Council tables vote to hire chief operating officer ...
By COO Forum Administrator
2012-05-02

Harrisburg City Council tables vote to hire chief operating officer Ricardo Mendez-Saldivia

Harrisburg City Council defied the state and tabled a vote to confirm the appointment of Ricardo Mendez-Saldivia as the city’s chief operating officer tonight during its legislative meeting.

The council blasted the commonwealth and Gov. Tom Corbett for pushing forward with former receiver David Unkovic’s recovery plan for Harrisburg even though Unkovic cited political and ethical problems with the state takeover as his reason for stepping down.

City Council said it will not vote on the COO post until the city at least knows when a new receiver will be appointed.

Unkovic never confirmed to the council that Mendez-Saldivia was his choice for the position, council President Wanda Williams said.

"We were shocked and disheartened when (Unkovic) resigned,” Williams said. “Instead of investigating his allegations, the commonwealth has put the sale of city assets on the fast track. There is no fair way to go forward, as the Corbett administration says it wants to do, without looking backward to determine who did what, when and why.”

Mendez-Saldivia and Robert Philbin, spokesman for Mayor Linda Thompson, stormed out of the meeting after council tabled the vote and would not comment on the decision.

Following the meeting, Philbin issued a short news statement, saying "Mr. Mendez-Saldivia remains committed to the implementation of the City of Harrisburg financial recovery process under the court-ordered receiver’s plan.”

Councilman Brad Koplinski suggested the council not vote on any matters pertaining to the receiver's recovery plan for Harrisburg until a state or federal investigation of the incinerator retrofit project, which mired Harrisburg in more than $317 million of debt, takes place.

Spokespeople for Corbett and the state Department of Community and Economic Development could not immediately be reached for comment.

Go Home! If the Facebook COO Can Leave at 5:30, So Can You ...
By COO Forum Administrator
2012-05-02

There was an article floating around the tech world, recently.  Maybe you saw it.  Facebook Chief Operating Officer Sheryl Sandberg stated in an interview that she *GASP!* “walk[s] out of this office every day at 5:30 so I’m home for dinner with my kids at 6.”

OH. MY. GOD!!!  How did this woman get to be COO?  Everyone in the tech industry knows you don’t go home at 5:00!  How does she expect to be successful?  Why do you think companies like Google or Zynga offer you free dinner every night?  It’s because you butt is stuck at your desk (unlike at Microsoft where work life balance is amazing…e-mail me for details).  Her career is OV-AH!

This mentality is obvious.  Ever since the dawn of the computer age, tech companies have been hard at work innovating, inventing, and constantly improving what is already out there.  I have heard people joke about how their brand-spanking-new computer is obsolete before they finished unpacking it.  It’s a joke, but it’s not far from the truth.  Do you realize that the original iPad only came out 2 years ago?  We’re now on version 3.  This doesn’t happen because technology companies work a standard 9-5 with mandatory smoke breaks.  This happens because employees at technology companies are working all…the…time.

I am not happy with this.  I’m like Sheryl (we’re on a first name basis, you know).  I have a family at home that I like to see.  I like to cook dinner, I don’t want it at work.  I like to read my son a story and tuck him in at night.  I am a guy who leaves at 5:30 (actually…4:45 as I ride a vanpool. I’m green like that).

Here’s how I see it.  There are three courses for technology companies:

A) The Microsoft/Google/Amazon way: Company starts.  Company creates something cool and finds HUGE success.  Company rapidly grows hiring many new developers and buying up smaller firms with relevant or needed IP.  Company goes public, people get rich, company lives forever.  Or…until the next revolution.  New employees don’t get rich anymore.

B) The Zappos/Skype/YouTube way: Company starts.  Company creates something cool and finds significant success.  Company from pattern A swoops in and purchases said company making people get rich and then welcoming them into the fold of the company that will live forever.  After the buyout, the getting rich goes away.

C) The almost everybody else way: Company starts.  Company closes.

In the initial stages of the company, it’s common for people to work long hours with very little time off.  You’re doing this hoping that the success your product finds will one day lead to wealth and financial happiness.  It’s a gamble, and the people taking these jobs know it.  Until you create something and get people to start buying it, the money doesn’t happen.  You’re willing to work because you know, deep down, that you will succeed!

But, here’s the problem…companies are forgetting to stop expecting this when they pass the start-up stage.  Google, Amazon, Microsoft…nobody is getting rich here, anymore.  People are doing well for themselves.  They are paid exceptionally well compared to people in some other industries.  But, they are not becoming millionaires.  Still…some of these companies continue expecting you to work like you will become a millionaire.  How do we kill this expectation that work is more important than time with our families?  Or time with our friends!  There is no reason why work life balance should be exclusive to people who are married with children.  You should be free to spend the weekend snowboarding without checking e-mail.  How do we begin changing this paradigm?

Simple…we need more people like Sheryl.  Facebook isn’t at the Microsoft/Google/Amazon place, yet.  Facebook is still (potentially) making millionaires.  She just made a very big statement.  We need more executives to stand up and publicly acknowledge that work life balance is important.  We need more leaders to say, “Hey…it’s Friday.  It’s 5:00.  Why are you still here?  That project can wait until Monday.”  And, we need more HR people to motivate our leaders to do so.

Now…if you’ll excuse me.  It’s beer thirty.  I’m leaving.

Steven McKeown Named President and COO of Galata Chemicals ...
By COO Forum Administrator
2012-05-02

SOUTHBURY, Conn., April 26, 2012 /PRNewswire/ -- Galata Chemicals, a leading global producer of additives for PVC and other specialty applications, announced the promotion of Steven McKeown to President and Chief Operating Officer.

Steve most recently served as Vice President, Business and Innovation at Galata Chemicals. He brings extensive experience in the plastic additives industry in Business, Commercial, Technical, Manufacturing and Supply Chain leadership roles.

"Steve's broad functional experience, long history in the industry with Galata Chemicals and predecessor companies, and strong knowledge of our Company, its products and its markets will drive continued sustainable and innovative growth for Galata Chemicals," said Michael Fieldstone, Partner of Aterian Investment Partners, a private investment firm whose affiliate owns Galata in partnership with Artek Surfin Chemicals Ltd., a Mumbai, India based company.

Steve assumes these responsibilities from Dr. Luc De Temmerman effective April 26, 2012. "We appreciate Luc's contributions to the Company and wish him well in his future endeavors," stated Fieldstone.

Galata Chemicals
Galata Chemicals is a leading global producer of plastics additives including mixed metal heat stabilizers, tin heat stabilizers, epoxidized soybean oil, polymer modifiers and phosphites.  Additional information concerning Galata is available at www.galatachemicals.com.

CONTACT:
Yaquelin Abreu
(203) 236-9000
info@galatachemicals.com

Cardero Announces Appointment of Angus Christie to Chief Operating Officer ...
By COO Forum Administrator
2012-05-02

Cardero Announces Appointment of Angus Christie to Chief Operating Officer Position

VANCOUVER, BRITISH COLUMBIA, May 01, 2012 (MARKETWIRE via COMTEX) -- Cardero Resource Corp. ("Cardero" or the "Company") CA:CDU +1.16% (nyse amex:CDY)(frankfurt:CR5) is pleased to announce the appointment of Angus Christie as Chief Operating Officer ("COO") of the Company effective June 1, 2012. Mr. Christie is a highly respected senior executive with over 25 years international experience in coal mining operations, resource and reserve management, mine development and exploration and strategic planning.

In his career, Angus has been involved in several projects from exploration and feasibility through to mine commissioning. His operational experience has been focused on both underground and surface operations extending from deposits which are structurally complex to the more benign geological formations found at the Company's Carbon Creek asset. This includes five underground and open pit mines in South Africa and the 32 million tonne per annum Cerrejon open pit mine in Colombia where he played an integral role in improving coal recoveries, illustrating the very real operational value that Angus has brought to coal mines throughout his career.

As the COO of Cardero, Angus's immediate responsibilities will be to work with senior management and regional stakeholders to advance the Company's Carbon Creek Project from the Preliminary Economic Assessment stage through to the completion of a Feasibility Study with the objective of submitting a Mine Permit Application in 2013.

His previous experience with multi-seam, metallurgical coal deposits will be of significant benefit at Carbon Creek where the Company anticipates mining and blending several seams to ensure product optimization.

On his appointment, Mr. Christie stated, "I believe that Carbon Creek deposit is a valuable metallurgical coal asset that is proving itself to be one of the largest contiguous deposits in the Peace River region. I am looking forward to developing this unique deposit so that we can realize its significant potential."

Company President & CEO, Michael Hunter, remarked, "I believe Mr. Christie's operational experience compliments a skilled and dedicated team that is motivated to unlock the value of the Carbon Creek asset and delivering that profitability to our shareholders."

Mr. Christie most recently employed as Manager Strategy and Resources for Anglo Coal (Peace River Coal). In this capacity, Angus was part of the senior management committee responsible for the exploration program management, coal resource and reserve management, project management, growth strategy and joint venture project management.

Mr. Christie's holds a Bachelor of Science (Honours), a Master of Science and a Doctorate from the University of Natal, and a Diploma in Mining Engineering from the University of Witwatersrand, South Africa.

Mr. Christie has been granted 300,000 options exercisable at a price of CAD 1.16 for a period of two years.

About Carbon Creek

The Carbon Creek deposit is an advanced metallurgical coal development project located in the Peace River Coal District of northeast British Columbia, Canada. The project has a current (October 1, 2011) resource estimate of 166.7 million tonnes of measured and indicated, with an additional 167.1 million tonnes of inferred, ASTM Coal Rank mvB coal. The Company released results of an independent PEA, including an updated resource estimate) in December 2011, which estimates a post-tax, undiscounted cash flow of $3.1 billion (on a 75% basis). The PEA contemplates production of 2.9 million tonnes of saleable metallurgical coal products per annum (see NR11-20, December 12, 2011).

The Company cautions that the PEA is preliminary in nature, and is based on technical and economic assumptions which will be evaluated in further studies. The PEA is based on the current (as at October 1, 2011) Carbon Creek estimated resource model, which consists of material in both the measured/indicated and inferred classifications. Inferred mineral resources are considered too speculative geologically to have technical and economic considerations applied to them. The current basis of project information is not sufficient to convert the mineral resources to mineral reserves, and mineral resources that are not mineral reserves do not have demonstrated economic viability. Accordingly, there can be no certainty that the results estimated in the PEA will be realized.

About Cardero Resource Corp.

The common shares of the Company are currently listed on the Toronto Stock Exchange (symbol CDU), the NYSE-Amex (symbol CDY) and the Frankfurt Stock Exchange (symbol CR5). For further details on the Company readers are referred to the Company's web site ( www.cardero.com ), Canadian regulatory filings on SEDAR at www.sedar.com and United States regulatory filings on EDGAR at www.sec.gov .

On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Michael Hunter, CEO and President

Cautionary Note Regarding References to Resources and Reserves

National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI 43-101") is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Unless otherwise indicated, all resource estimates contained in or incorporated by reference in this press release have been prepared in accordance with NI 43-101 and the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resource and Mineral Reserves, adopted by the CIM Council on November 14, 2004 (the "CIM Standards") as they may be amended from time to time by the CIM, and in the Geological Survey of Canada Paper 88-21 entitled "A Standardized Coal Resource/Reserve Reporting System for Canada" originally published in 1988.

United States shareholders are cautioned that the requirements and terminology of NI 43-101 and the CIM Standards differ significantly from the requirements and terminology of the SEC set forth in the SEC's Industry Guide 7 ("SEC Industry Guide 7"). Accordingly, the Company's disclosures regarding mineralization may not be comparable to similar information disclosed by companies subject to SEC Industry Guide 7. Without limiting the foregoing, while the terms "mineral resources", "inferred mineral resources", "indicated mineral resources" and "measured mineral resources" are recognized and required by NI 43-101 and the CIM Standards, they are not recognized by the SEC and are not permitted to be used in documents filed with the SEC by companies subject to SEC Industry Guide 7. Mineral resources which are not mineral reserves do not have demonstrated economic viability, and US investors are cautioned not to assume that all or any part of a mineral resource will ever be converted into reserves. Further, inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part of the inferred resources will ever be upgraded to a higher resource category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a feasibility study or prefeasibility study, except in rare cases. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade without reference to unit amounts. In addition, the NI 43-101 and CIM Standards definition of a "reserve" differs from the definition in SEC Industry Guide 7. In SEC Industry Guide 7, a mineral reserve is defined as a part of a mineral deposit which could be economically and legally extracted or produced at the time the mineral reserve determination is made, and a "final" or "bankable" feasibility study is required to report reserves, the three-year historical price is used in any reserve or cash flow analysis of designated reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

NR12-10

       
        Contacts:
        Cardero Resource Corp.
        Nancy Curry
        Corporate Communications
        604 638-3287
       
        Cardero Resource Corp.
        General Contact
        604 408-7488 or Toll Free: 1-888-770-7488
        604 408-7499 (FAX)
        info@cardero.com
 
www.cardero.com.

USA Technologies Appoints New Director, Albin F. Moschner
By COO Forum Administrator
2012-05-02

Former Chief Operating Officer of Leap Wireless, Joins Board

MALVERN, Pa., May 01, 2012 (BUSINESS WIRE) -- --7th Independent Director Brings Deep Marketing, Manufacturing and Wireless Industry Expertise to USA Technologies Board of Directors

USA Technologies, Inc. USAT -4.35% , ("USAT"), a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, today announced that Albin F. Moschner has been appointed to the board of directors. Moschner's appointment makes him the ninth member of the USA Technologies board, seven of whom are independent as defined by NASDAQ regulations.

"We are pleased to welcome Al Moschner to the board of directors. Al is an extremely accomplished executive with marketing, manufacturing and wireless industry expertise that should make him an invaluable asset to USAT and our board," said Stephen P. Herbert, chairman and chief executive officer of USA Technologies. "Al's experience with high-growth businesses, particularly within the wireless industry, should be a strong addition to USAT at a time when we are accelerating our leadership in the wireless, cashless payment and M2M sectors."

Mr. Herbert continued, "In my letter to shareholders earlier this year, I expressed my intention to enhance corporate governance, a commitment that includes increasing board independence and sourcing the best and most talented directors for our board. We are delivering on those goals. Al is experienced in the boardroom and his appointment complements other additions we made to our board this year including Deborah Arnold, a former senior executive with Visa International who brings in-depth payment industry expertise, and Frank Petito, current president of Orbitz for Business who also brings operating experience, investment banking and investor relations expertise."

Mr. Moschner most recently served as chief operating officer of Leap Wireless International, Inc. In this role, Mr. Moschner was responsible for all operating activities of the company, including financial performance and customer acquisition. During his tenure, the company's customer count grew from 1.5 million to 5.5 million. As Leap Wireless' chief marketing officer, he was responsible for building a world-class marketing and product organization and assisted in the expansion of average monthly revenue per customer by 30%.

Before joining Leap Wireless, Mr. Moschner held the position of president, Verizon Card Services for Verizon Communications. At Verizon, he managed the company's prepaid card business, during which time it grew by over $100 million, as well as its credit card business--a $4 billion portfolio.

Moschner holds a Bachelor of Engineering degree from the City College of New York, as well as a Master of Science degree from Syracuse University. Since 1996, he has served on the board of Wintrust Financial Corporation WTFC -0.53% , and serves as a director of Cleveland Wireless. Mr. Moschner is also on the Kellogg School of Management Advisory Board.

Steve Barnhart, lead independent director for USA Technologies and chair of the Nominating Committee, stated, "A year and a half ago, the Nominating Committee agreed on specific areas of experience where we believed it would be most beneficial to expand the board's expertise, and which would guide the search process for, and selection of, new directors. Those criteria included experience in the following areas: the payments industry; high volume transaction processing environments; bringing technology to market; hardware development and procurement; scaling a growth company; capital markets; and wireless communications. Over the first four months of 2012 we have added excellent independent directors to the board, each of whom brings expertise in one or more of these areas of focus. The benefits to be gained from these additions have already been evident in both the day to day and strategic activities of the USA Technologies Board of Directors and I am confident that Al will further enhance that positive dynamic. I look forward to working closely with Al and the contributions he will make to USA Technologies."

About USA Technologies:

USA Technologies is a leader in the networking of wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. The Company has been granted 79 patents and has agreements with Verizon, Visa, Compass, Crane and others. Visit our website at www.usatech.com .

Forward-looking Statements:

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: All statements other than statements of historical fact included in this release, including without limitation the financial position, achieving profitability, business strategy and the plans and objectives of USAT's management for future operations, are forward-looking statements. When used in this release, words such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions, as they relate to USAT or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of USAT's management, as well as assumptions made by and information currently available to the USAT's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, the ability of USAT to generate sufficient sales to generate operating profits, or conduct operations at a profit; the ability of USAT to retain key customers from whom a significant portion of its revenues is derived; whether USAT's customers continue to operate or commence operating ePorts received under the Jumpstart program or otherwise at levels currently anticipated by USAT; the ability of USAT to compete with its competitors to obtain market share; whether USAT's customers continue to utilize USAT's transaction processing and related services, as our customer agreements are generally cancelable by the customer on thirty to sixty days' notice; the potential costs and management distractions attendant to Brad Tirpak's purported nomination of himself and six other candidates as director nominees at the 2012 annual meeting of shareholders; whether the actions of our former CEO which resulted in his separation from the Company or the Securities and Exchange Commission's recently commenced investigation would have a material adverse effect on the future financial results or condition of USAT; and whether USAT's existing or anticipated customers purchase ePort devices in the future at levels currently anticipated by USAT. Readers are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statement made by us in this release speaks only as of the date of this release. Unless required by law, USAT does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.

Important Additional Information

USA Technologies, Inc. ("USAT") will be filing a proxy statement with the Securities and Exchange Commission (the "SEC") in connection with the solicitation of proxies for its 2012 annual meeting of shareholders. Shareholders are strongly advised to read USAT's 2012 proxy statement (including any amendments or supplements thereto) when it becomes available because it will contain important information. Shareholders will be able to obtain copies of USAT's 2012 proxy statement and other documents filed by USAT with the SEC in connection with its 2012 annual meeting of shareholders at the SEC's website at www.sec.gov .

USAT, its directors and its executive officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with USAT's 2012 annual meeting of shareholders. Shareholders may obtain information regarding USAT's directors, executive officers and other persons who may, under rules of the SEC, be considered participants in the solicitation of proxies for the 2012 annual meeting of shareholders, including their respective interests by security holdings or otherwise, in USAT's annual report on Form 10-K for the year ended June 30, 2011, which was filed with the SEC on September 27, 2011. To the extent the interests of certain participants, by security holdings or otherwise, have changed since June 30, 2011, such changes have been or will be reflected on Form 8-Ks, Form 3s and Form 4s filed or to be filed by USAT with the SEC. Additional information regarding the interests of such individuals can also be obtained from the definitive proxy statement for USAT's 2012 annual meeting of shareholders when it is filed by USAT with the SEC. These documents (when available) may be obtained free of charge from the SEC's website at www.sec.gov .

SOURCE: USA Technologies
       
        USA Technologies
        Veronica Rosa
        VP, Corp. Comm. and Investor Relations
        484-359-2138
        vrosa@usatech.com

Seymour Pierce appoints Forcier as chief
By COO Forum Administrator
2012-05-02

Seymour Pierce has agreed on two other senior recruits, including the appointment of Peter Gingell as financial director and chief operating officer. Mr Gingell previously worked for Wichford Property Management. He replaces Graham Franks, who resigned ...

Oxford BioTherapeutics Appoints Senior Industry Leader to Head its New ...
By COO Forum Administrator
2012-05-03

Oxford BioTherapeutics Appoints Senior Industry Leader to Head its New Clinical Development Operations in Basel, Switzerland

OXFORD, England, May 2, 2012 /PRNewswire via COMTEX/ -- Oxford BioTherapeutics (OBT) today announces the appointment of Dr Esteban Pombo-Villar as Chief Operations Officer (COO) of the OBT group. In this position he will lead the company's newly created clinical development operations based in Basel, Switzerland. The establishment of a dedicated development operation represents a key milestone in OBT's global expansion as it progresses its most advanced therapeutic antibody and antibody drug conjugate (ADC) oncology programs into clinical development. Dr Pombo-Villar will also become an executive member of OBT's Board.

Prior to joining OBT, Dr Pombo-Villar was at Novartis for over 20 years, the last 12 years of which he focused on all aspects of creating and managing alliances. Most recently he was Head of Alliance Management at the Novartis Institute for Biomedical Research (NIBR), responsible for alliances up to proof-of-concept in man. He has a PhD in organic chemistry and completed postdoctoral studies at the ETH in Zurich before joining Sandoz Neuroscience Research in Basel in 1988. At Sandoz he worked on drug discovery projects as well as leading collaborative projects investigating the potential of emerging technologies. Dr Pombo-Villar is a Fellow of the Royal Society of Chemistry.

Dr Pombo-Villar commented, "I am delighted to join OBT at this exciting stage in the company's development as it transitions into a clinical development organisation. This is a compelling opportunity to directly impact the future treatment of cancer by helping to shape the direction and success of OBT as an emerging leader in the field."

Dr Christian Rohlff, CEO of OBT, commented, "I am very pleased to welcome Esteban to OBT and to officially open our new clinical operations site in Basel, Switzerland. Esteban's extensive executive leadership experience in the industry will bring considerable value to OBT as we advance our highly promising lead programs into the clinic."

OBT's clinical development operation in Basel, Switzerland, represents an important site for the company's future expansion, in addition to its corporate headquarters and discovery labs located in Oxford, UK, and R&D facility in San Jose, California. In 2011, OBT made significant progress in the ADC field, announcing a collaboration with Seattle Genetics, Inc. for the discovery of multiple ADC programs for cancer and an out-licensing deal with Sanofi for a preclinical ADC program for the treatment of solid tumours.

About Oxford BioTherapeutics

Oxford BioTherapeutics (OBT) is a leading international biotechnology company focused on delivering innovative and cost-effective first-in-class medicines to fulfil major unmet patient needs in the field of cancer. OBT is developing cutting-edge antibody-based cancer medicines, with integrated diagnostics, against novel targets that it has discovered through its unique OGAP® proteomic database. OBT has access to the most advanced antibody technologies and expertise through its partnerships with many of the world leaders in antibody development, including Seattle Genetics, BMS (Medarex), Amgen, Alere (formerly Biosite) and BioWa, and through its development alliances with GlaxoSmithKline and Sanofi. OBT's diagnostic collaboration with Alere also provides the opportunity to develop tailored diagnostics for OBT's therapeutic products. These partnerships have enabled OBT to convert its world leading capabilities in the discovery of novel oncology targets into a highly attractive pipeline of therapeutic antibodies.

For further information, please see http://www.OxfordBioTherapeutics.com

OBT Contact Information: Chief Executive Officer: Christian Rohlff, Ph.D. +44(0)1235-861770 E-mail cr@oxbt.co.uk Media enquiries/Citigate: David Dible +44(0)207-638-9571 E-mail david.dible@citigatedr.co.uk.

SRS Medical appoints new CEO, takes in funding round
By COO Forum Administrator
2012-05-03

SRS Medical Systems, Inc., a medical device company in Billerica, has named a 15-year veteran of the company as its new CEO and announced a new, undisclosed round of funding from existing investors.

Lee Brody, who most recently served as the company’s COO, holds undergraduate and master’s degrees in Biomedical Engineering from Boston University, as well as an MBA from Northeastern University.

“Lee’s deep experience at SRS Medical makes him the perfect executive to lead the company in its mission to transform available clinical solutions in urology,” said Ted Henderson, managing director at Schooner Capital, in a written statement. “His commitment to excellence is apparent to everyone who knows him. We are incredibly pleased to have him take on this new responsibility.”

SRS Medical designs and manufactures devices for the diagnosis of voiding disorders in the urology and gynecology markets. Brody said he intends to sharpen the company’s focus on its CT3000 non-invasive pressure-flow system. SRS Medical has exclusive worldwide manufacturing and domestic distribution rights to the CT3000, and Brody said he expects the market to grow quickly.

“We are pleased with the clinical success of the CT3000 and believe its widespread use results in better diagnosis and outcomes. The CT3000 complements our company’s long history of excellence and innovation in urology, across urodynamics, ultrasound and related product lines.”

While the company did not release details of the funding round, they said it came from Schooner Capital and 20/20 HealthCare Partners. In June 2010, the company received $3.8 million in equity financing from two unnamed investors, according to a previous filing with the Securities and Exchanges Commission.

Volex appoints McKinney as COO
By COO Forum Administrator
2012-05-03

StockMarketWire.com - Volex the provider of electrical, digital and optical connections, has announced the appointment of David McKinney as Chief Operating Officer, a new position.

McKinney will also serve as an executive member of the Volex plc board of directors. His appointments will be effective as of today, 2 May 2012.

He most recently served as Chief Operating Officer of Pace plc from November 2005 to January 2012 where he also served as a member of the board of directors.

At 9:59am: (LON:VLX) Volex Group share price was +4.38p at 260.88p

NHL COO John Collins talks Stanley Cup TV ratings, Winter Classic tickets and ...
By COO Forum Administrator
2012-05-03

NHL COO John Collins talks Stanley Cup TV ratings, Winter Classic tickets and fan complaints with Puck Daddy

The 2012 Stanley Cup Playoffs marked the first time in NHL history that the entire postseason was televised nationally in the U.S. Between NBC, the NBC Sports Network, CNBC and NHL Network, every game of every series was given exposure.

"What a novel idea: Put every game on national television," quipped John Collins, COO of the NHL and a driving force behind its television inroads.

To understand how far the league's come as far as fan access to televised games, one only has to survey the landscape from two years ago. According to Collins, 40 percent of the games in the first two rounds of the 2010 Stanley Cup Playoffs weren't nationally televised.

Today, the NHL can boast that 60 million fans tuned in around North America for Round 1 of the playoffs; that the Washington Capitals and New York Rangers had a larger audience for Game 2 of their semifinal than there was for any Game 7 in the first round or any Flyers/Penguins game; and that the Los Angeles Kings and St. Louis Blues are establishing benchmarks on CNBC despite a Game 2 blowout.

We spoke with Collins at length about the NHL's ratings this postseason, and how they might be affected by a non-traditional market pushing for the Cup out of the West; the marketing of the game; and plenty about the 2013 Winter Classic. Among the revelations:

• The advertising market for two months of the Stanley Cup Playoffs is "significantly more than the entire regular season in value."

• That use of the NHL Network in the first round had its benefits, but ultimately didn't offer satisfactory access to some playoff series for viewers, based on network availability.

• Why GameCenter Live wasn't available for the playoffs.

• Finally, news on when Winter Classic tickets will be available and how many might be available.

Enjoy …

Q. As far as getting every game televised: Was that a demand in the new TV deal with NBC or something they guaranteed on their end when you re-upped?

COLLINS: We spent a lot of time looking at how we were going to make the business better and ultimately, when we got to the new agreement, what we needed from our partner. From a brand standpoint, and from the ability to convert casual sports fans and get them into hockey, we looked at the Stanley Cup Playoffs as the crown jewel of that brand strategy.

We did a significant analysis with Group M, probably the biggest advertising buyer of sports in the U.S., and asked them to take a look and model out for us [what would happen] if we had every Stanley Cup Playoff game televised with pretty good distribution and reasonable ratings. What would that advertising market be worth? Frankly, it turned out to be significantly more than the entire regular season in value.

For the casual sports fan, there was no reason not to watch. They hadn't rejected hockey. They looked at the Stanley Cup, as a brand equity, on the same level as the World Series and the Super Bowl. The biggest reason they weren't watching was that they just didn't intersect with it. Once they found it, or were presented with it, they found a lot of things that they liked. When we took it a step further and exposed them to programs like "24/7" and really exposed them, they became fans.

Having every game on the air was one of the things we had on the table to make the relationship bigger and better for both sides.

Q. Not every game in the first round was on an NBC network — some were on NHL Network, and in the case of the Devils and Panthers Game 7 it started on NHLN and then finished on NBCSN. Was that something out of necessity or by design to have NHLN in the playoff mix?

COLLINS: We only launched that in the U.S. five years ago, and it's up to 43 million homes, but that's not good enough. We want to have it fully distributed. Having the games on was good for the NHL Network as far as brand recognition and advertising.

But at the end of the day, it's 43 million homes. This is the first year of a 10-year relationship with NBC. I don't think we'll need all 10 years to blow this thing out and reach its full potential, and we're off to a good start.

The ratings have been good so far, and in some cases record-setting in the first round on local levels. But in the second round, in the Western Conference, you have Nashville, Phoenix, St. Louis and a crowded Los Angeles market alive. No Chicago. No Detroit. Is this a cause for concern from a ratings perspective?

There are a lot of ways to measure success. Ratings are one of them. But they're not the only one. If you were looking at the ratings for any sport, including for our friends at the NFL, you'd root for a Chicago or a New York or a Boston or an L.A. every year. But that's not how it works.

In the NHL, I think we're getting to a point where we can stop referring to our success from a television standpoint as only being driven by the Original Six. We had record ratings last year in the Stanley Cup Final that included a Canadian team, so I think that put to myth that we needed two big U.S. markets to drive a rating.

I think there are some great stories happening around the league. This idea of non-traditional hockey markets … the beauty of being able to see every game on a national basis is that you see the passion that exists in Nashville and St. Louis and in Phoenix, where the whiteout is back. That can capture the sports fan's imagination as much as an Original Six team can with its tradition.

On the digital side, NHL.com's offered up some great coverage, but the one complaint I keep hearing from fans was about GameCenter Live being blacked out for the playoffs, which drives online viewers to pirated streams and the like. Why wasn't it available?

That's an industry problem. The games that are streamed are the NBC broadcast games, in partnership with Verizon. The cable games aren't streamed because of the standard in the whole cable operator affiliate deals in which a lot of the stuff hasn't been authenticated, and there are exclusivity agreements in the affiliate deals. That's why those games aren't being streamed. Hopefully we get those things worked out with the NBC guys next year.

During the first round, you did an interview with the Globe & Mail that got some attention, saying that NHL sponsors were weary about the violence we saw at the start of the playoffs. Is that still the case for sponsors, or have they calmed down as the rough stuff has leveled off?

I was talking very broadly about the NHL brand. When I spoke with Bruce Dowbiggin, the Raffi Torres thing hadn't happened at that point. There really wasn't any conversation going on with the sponsors [at that point]. There were in previous moments — some of that stuff was documented a year ago. All I was saying is that we have an obligation when people are paying a lot of money to associate with our brand to be clear about what we do and what we're going to do for issues like player safety.

One thing the sponsors must enjoy are the number of tent-pole events the NHL has developed throughout the year. I've likened it to WWE pay-per-views in the past: Seemingly every month there's an event that you guys can market, be it the draft or the Winter Classic or even that post-Thanksgiving hockey day. How has that plan worked out?

Well, the only think I object to is the WWE reference.

I think that's what we're trying to do. That's how we look at our year, lay it out to our business partners. It's the way we talk about what we're going to do, and it's what we ask them to get behind. We are going to create these spikes in interest, these calendar events … it's not like we make them up. OK, some of them we do. But it follows the flow of the hockey calendar. What we've been doing with more discipline than we have in the past is to focus all of our marketing and our editorial and our promotion towards all of those moments, to create a wave of momentum in the marketplace.

There's a reassurance among our corporate partners who see us putting our money where our mouth is. It's a model that worked when I was at the NFL, and it works here.

It works here because it's authentic — it's the way the hockey ops guys look at their season, and the fans look at their season. We have a long season, and we want to give the marketers what they want. The Stanley Cup Playoffs, from a Madison Ave. point of view, come at a great time. You have a lot of companies that want to spend their advertising dollars in this quarter, in this window that we kinda own. It's a great quarter for us to make a lot of noise.

One such tent pole is the Winter Classic: How's the preparation for that going?

It's a beast.

We're ahead of where we've been. Last year, we didn't announce until September. The two or three before that, we announced around July 4. So we announced five or six months ahead, and thank God we did. There is so much work to be done.

It's such a big event because we're using two venues in Comerica and the Big House. We've got 110,000 tickets and 80 suites, and tons of demand. We'll probably have 200,000 tickets for various events with the Red Wings at Comerica. And it's big because it's Detroit and Toronto.

Have tickets gone on sale yet?

The clubs' [tickets] are going on sale in the next couple of weeks. The demand from sponsors is huge — at least twice as big as any previous Winter Classic. The demand from the clubs is off the charts. Everyone's calling the Detroit box office and the Toronto box office. So we're trying to figure out how many tickets the teams need or can use, and how many we can get into the general marketplace.

It's feeling as tight as Citizen's Bank was, to be honest.

Finally, how much impact do you have in the selection of Nickelback as the NHL Awards headliner this year?

I wasn't really influential. I'm pretty lame on the music front. I used to think I was pretty hip. Now I realize that if I know who they are, they're probably the wrong guy. Unless you're rollin' out U2 or the Stones.

Citi Hires Freddie Mac Executive as Mortgage COO
By COO Forum Administrator
2012-05-03

Citigroup Inc. has snatched Freddie Mac executive Anthony Renzi to become the chief operating officer of its North American mortgage business, according to people familiar with the matter.

Renzi, who has spent two years at Freddie, joins a growing list of industry veterans who have departed over the past year. The chief executives of both Fannie and Freddie have said they plan to leave this year. In the past two years, dozens of senior managers, many with long tenures, have left.

He is executive vice president of Freddie’s single-family mortgage-guarantee business, including the mortgage company’s servicing operations. He reports directly to Chief Executive Ed Haldeman. Prior to joining Freddie, Renzi served as COO of GMAC Residential Capital and president of GMAC Mortgage.

At Citi, Renzi is replacing Harold Lewis, who earlier this year became president and COO of Nationstar Mortgage Holdings Inc.

Citi is one of the nation’s largest mortgage servicers, and has been struggling with soured mortgages left on its books after the financial crisis made it impossible for the bank to sell them.

But the bank has been shedding mortgages, and started to restructure and rebuilt its own mortgage underwriting in the U.S. through its Citibank branch staff.

BB&T Corporation COO to speak May 8 at UBS Global Financial Services Conference
By COO Forum Administrator
2012-05-03

WINSTON-SALEM, N.C., May 2, 2012 /PRNewswire via COMTEX/ -- BB&T Corporation BBT -1.47% today announced that Chief Operating Officer Chris Henson will present at the UBS Global Financial Services Conference in New York City May 8 at noon (EDT).

A webcast of Henson's presentation will be available at www.BBT.com/webcasts and will be archived for 30 days.

About BB&T

BB&T Corporation BBT -1.47% is one of the largest financial services holding companies in the U.S. with $174.8 billion in assets and market capitalization of $21.9 billion, as of March 31, 2012. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com.

Facebook COO Sheryl Sandberg Talks Organ Donation With Diane Sawyer
By COO Forum Administrator
2012-05-03

In the evening portion of Facebook’s program to introduce its organ-donation initiative, Chief Operating Officer Sheryl Sandberg spoke with Diane Sawyer for an interview that aired on tonight’s installment of ABC News’ “World News with Diane Sawyer.”

Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg introduced the new tool on ABC News’ “Good Morning America” earlier today, telling “GMA” anchor Robin Roberts that users of the social network in the U.S. and U.K. can indicate that they are organ donors in the health and wellness section on their timelines, and that those users who are not already organ donors but interested in investigating the option will find links to official organ-donation registries.

The interview was taped earlier, but Sawyer provided an update, saying:

Some states are reporting that just today, they have seen the same number of people sign up to become donors as they normally see in one month.

Sandberg told Sawyer:

Our dream is to save lives … If enough people register and enough people start donating, this is a problem that we could dramatically decrease.

The organ-donation crisis is not a medical crisis, it’s a social crisis. It’s a solvable problem with existing technology. These patients don’t have to die if enough people donate.

I think one of the things Facebook does is it gives us real identity. You know, when you see someone on Facebook, you don’t see a name on a list. You see them.

We’re trying to make this the social answer to this problem. Mark and I had been talking about organ donations and things we could do at Facebook.

I’m actually the only non-doctor in my family. My father is a physician, and both my brother and sister are physicians. And the concept of working to save lives was something that I was brought up with. My first job out of college, I worked at the World Bank, and I worked on leprosy and other medical problems in India. And so, you know, for me, it’s always been really important to try to do things that help other people.

The power of Facebook is that people step forward and try to help other people and save lives. If this leads to an outpouring of ideas from all over of other ways people can use Facebook to save lives, that would be terrific.

On a different topic, unemployment and education, Sandberg told Sawyer:

You know, it used to be a generation ago that you could get the best education no matter who you were as an American, comparable or better than anywhere in the world. The data show quite clearly that this is no longer true.

We’re failing our children. And then as they grow up into adults, we fail them again. And this is something I think we all are united, that we absolutely have to fix for the future of our country, for these children who just deserve better and for our economy.

Charter names Bickham COO: Exec most recently served at Cablevision
By COO Forum Administrator
2012-05-03

Charter Communications said Tuesday that John Bickham has joined the company as chief operating officer responsible for managing operations across Charter's footprint, working with CEO Tom Rutledge, his former colleague at Cablevision.

A 26-year industry veteran, Bickham most recently served as prexy of Cable and Communications for Cablevision.

Rutledge surprised the industry when he left New York-area Cablevision late last year and moved to Charter, the nation's fourth largest cable company and one facing significant challenges. Bickham had ankled Cablevision shortly before.

"John knows this industry well, and appreciates what it takes to run operations most effectively," said Rutledge. "We've worked together for many years and I'm confident in his ability to help this organization achieve its full potential."

Prior to joining Cablevision in 2004, Bickham was exec VP for Time Warner Cable.

Retransmission: Cardero Announces Appointment of Angus Christie to Chief ...
By COO Forum Administrator
2012-05-03

Retransmission: Cardero Announces Appointment of Angus Christie to Chief Operating Officer Position

VANCOUVER, BRITISH COLUMBIA, May 02, 2012 (MARKETWIRE via COMTEX) -- Cardero Resource Corp. ("Cardero" or the "Company") CA:CDU +1.16% (nyse amex:CDY)(frankfurt:CR5) is pleased to announce the appointment of Angus Christie as Chief Operating Officer ("COO") of the Company effective June 1, 2012. Mr. Christie is a highly respected senior executive with over 25 years international experience in coal mining operations, resource and reserve management, mine development and exploration and strategic planning.

In his career, Angus has been involved in several projects from exploration and feasibility through to mine commissioning. His operational experience has been focused on both underground and surface operations extending from deposits which are structurally complex to the more benign geological formations found at the Company's Carbon Creek asset. This includes five underground and open pit mines in South Africa and the 32 million tonne per annum Cerrejon open pit mine in Colombia where he played an integral role in improving coal recoveries, illustrating the very real operational value that Angus has brought to coal mines throughout his career.

As the COO of Cardero, Angus's immediate responsibilities will be to work with senior management and regional stakeholders to advance the Company's Carbon Creek Project from the Preliminary Economic Assessment stage through to the completion of a Feasibility Study with the objective of submitting a Mine Permit Application in 2013.

His previous experience with multi-seam, metallurgical coal deposits will be of significant benefit at Carbon Creek where the Company anticipates mining and blending several seams to ensure product optimization.

On his appointment, Mr. Christie stated, "I believe that Carbon Creek deposit is a valuable metallurgical coal asset that is proving itself to be one of the largest contiguous deposits in the Peace River region. I am looking forward to developing this unique deposit so that we can realize its significant potential."

Company President & CEO, Michael Hunter, remarked, "I believe Mr. Christie's operational experience compliments a skilled and dedicated team that is motivated to unlock the value of the Carbon Creek asset and delivering that profitability to our shareholders."

Mr. Christie most recently employed as Manager Strategy and Resources for Anglo Coal (Peace River Coal). In this capacity, Angus was part of the senior management committee responsible for the exploration program management, coal resource and reserve management, project management, growth strategy and joint venture project management.

Mr. Christie's holds a Bachelor of Science (Honours), a Master of Science and a Doctorate from the University of Natal, and a Diploma in Mining Engineering from the University of Witwatersrand, South Africa.

Mr. Christie has been granted 300,000 options exercisable at a price of CAD 1.16 for a period of two years.

About Carbon Creek

The Carbon Creek deposit is an advanced metallurgical coal development project located in the Peace River Coal District of northeast British Columbia, Canada. The project has a current (October 1, 2011) resource estimate of 166.7 million tonnes of measured and indicated, with an additional 167.1 million tonnes of inferred, ASTM Coal Rank mvB coal. The Company released results of an independent PEA, including an updated resource estimate) in December 2011, which estimates a post-tax, undiscounted cash flow of $3.1 billion (on a 75% basis). The PEA contemplates production of 2.9 million tonnes of saleable metallurgical coal products per annum (see NR11-20, December 12, 2011).

The Company cautions that the PEA is preliminary in nature, and is based on technical and economic assumptions which will be evaluated in further studies. The PEA is based on the current (as at October 1, 2011) Carbon Creek estimated resource model, which consists of material in both the measured/indicated and inferred classifications. Inferred mineral resources are considered too speculative geologically to have technical and economic considerations applied to them. The current basis of project information is not sufficient to convert the mineral resources to mineral reserves, and mineral resources that are not mineral reserves do not have demonstrated economic viability. Accordingly, there can be no certainty that the results estimated in the PEA will be realized.

About Cardero Resource Corp.

The common shares of the Company are currently listed on the Toronto Stock Exchange (symbol CDU), the NYSE-Amex (symbol CDY) and the Frankfurt Stock Exchange (symbol CR5). For further details on the Company readers are referred to the Company's web site ( www.cardero.com ), Canadian regulatory filings on SEDAR at www.sedar.com and United States regulatory filings on EDGAR at www.sec.gov .

On Behalf of the Board of Directors of

CARDERO RESOURCE CORP.

Michael Hunter, CEO and President

Cautionary Note Regarding References to Resources and Reserves

National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI 43-101") is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Unless otherwise indicated, all resource estimates contained in or incorporated by reference in this press release have been prepared in accordance with NI 43-101 and the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resource and Mineral Reserves, adopted by the CIM Council on November 14, 2004 (the "CIM Standards") as they may be amended from time to time by the CIM, and in the Geological Survey of Canada Paper 88-21 entitled "A Standardized Coal Resource/Reserve Reporting System for Canada" originally published in 1988.

United States shareholders are cautioned that the requirements and terminology of NI 43-101 and the CIM Standards differ significantly from the requirements and terminology of the SEC set forth in the SEC's Industry Guide 7 ("SEC Industry Guide 7"). Accordingly, the Company's disclosures regarding mineralization may not be comparable to similar information disclosed by companies subject to SEC Industry Guide 7. Without limiting the foregoing, while the terms "mineral resources", "inferred mineral resources", "indicated mineral resources" and "measured mineral resources" are recognized and required by NI 43-101 and the CIM Standards, they are not recognized by the SEC and are not permitted to be used in documents filed with the SEC by companies subject to SEC Industry Guide 7. Mineral resources which are not mineral reserves do not have demonstrated economic viability, and US investors are cautioned not to assume that all or any part of a mineral resource will ever be converted into reserves. Further, inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part of the inferred resources will ever be upgraded to a higher resource category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a feasibility study or prefeasibility study, except in rare cases. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade without reference to unit amounts. In addition, the NI 43-101 and CIM Standards definition of a "reserve" differs from the definition in SEC Industry Guide 7. In SEC Industry Guide 7, a mineral reserve is defined as a part of a mineral deposit which could be economically and legally extracted or produced at the time the mineral reserve determination is made, and a "final" or "bankable" feasibility study is required to report reserves, the three-year historical price is used in any reserve or cash flow analysis of designated reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

NR12-10
       
        Contacts:
        Cardero Resource Corp.
        Nancy Curry
        Corporate Communications
        604 638-3287
       
        Cardero Resource Corp.
        General Contact
        604 408-7488 or Toll Free: 1-888-770-7488
        604 408-7499 (FAX)
        info@cardero.com
 
www.cardero.com

Orbit Intl. COO Bruce Reissman To Step Down
By COO Forum Administrator
2012-05-03

Orbit International Corp. (ORBT) said Wednesday that the company and its Executive Vice President and Chief Operating Officer Bruce Reissman, have come to a mutual understanding in which Reissman will be stepping down from those positions as of July 31, 2012 and his employment agreement will not be renewed beyond that date.

Under Reissman's employment agreement, he will be paid about $1.194 million upon his departure. The company will take this charge in the first quarter ended March 31, 2012.

Additionally, Reissman will be retiring from the Board of Directors at the end of his term and will not stand for re-election at Orbit International's Annual Meeting on June 22.

Reissman's sales and marketing responsibilities will be assumed by Sam Berhumoglu, Vice President of Sales and Marketing of the Orbit Instrument Division. Reissman's operating responsibilities were assumed by Karl Schmidt, Behlman's Chief Operating Officer, in the third quarter of 2011, at which time Schmidt was named Vice President of Operations of the Orbit Instrument Division.

Former city administrator, Wayne County COO Bella Marshall dies
By COO Forum Administrator
2012-05-03

Detroit— An autopsy is planned today to determine the cause of death of Bella Marshall, 62, a former appointee in the Coleman Young administration and wife of late casino owner Don Barden.

Marshall's body was discovered around 9:30 a.m. Tuesday in her home in Palmer Woods. Family members went to check on her after they could not reach her for two days. Most recently, Marshall worked as a chief operating officer for Wayne County, serving under County Executive Robert Ficano. He called her a dedicated businesswoman and public servant.

"Today I lost a friend and former colleague," Ficano said in a statement Tuesday. "She was hard-working and a passionate voice for the people.Whileshe was fortunate herself, she never forgot her roots. She will be missed by the many lives she touched."

Detroit City Council member JoAnn Watson called for a moment of silence in Marshall's memory during Tuesday's meeting. Councilwoman Saunteel Jenkins asked her colleagues to pray for Marshall's college-aged daughter, Alana Barden.

A native of Windsor, Ontario, Marshall was Detroit's finance director under former Mayor Young beginning in the late 1970s. She was heralded as one of the first African-American women to be appointed as a finance director for a major U.S. city. In addition to an undergraduate degree from Wayne State University, she held a law degree from the University of Michigan. She took a job with the Michigan State Housing Development Authority shortly after graduating from the University of Michigan.

A few years later, Marshall was tapped by Young to head Detroit's budget office.

Colleagues of Marshall, including Charlie Williams, another Young appointee, said Marshall was known for her ability to get a tough municipal bond project passed and financing secured for Joe Louis Arena and later for the controversial Detroit incinerator, which required about $300 million in bonds.

"Everybody will tell you that she was very, very energetic," Williams said Tuesday. "She was always thinking outside the box."

Wayne County Commissioner Jewel Ware called Marshall a trailblazer.

"She will always be remembered for her compassion, dedication and hard work on behalf of those who needed a strong voice to speak for them. She will be sorely missed," Ware said in a statement.

During her tenure as head of the city's finance department, Marshall met future husband Don Barden, the CEO of Continental Cable, which later became Barden Cable. The couple wed in 1988 in a lavish ceremony and became known as the city's power couple.

"Don and Bella's first date was at my wedding in 1984," said friend John Arnold, a former radio talk show host in Detroit. "They were two completely different people. She was more direct, and Don was more down to earth, but I think they complemented each other."

After the election of Dennis Archer in 1993, Marshall went to work for her husband at his residential development company, Waycor.

Before Barden's death, in May 2011, the couple, estranged by then, feuded legally over business affairs and money. Marshall also sought to have him declared incompetent to manage his affairs because of his declining health, but she later withdrew her request.

The court battle continued after Barden's death, even over funeral arrangements and his estate.

Barden, who died at 67, wasn't buried until six months later because of the legal dispute between his heirs and wife. His sister, Jacqueline Barden Barker, sued Marshall to block her from moving her brother's body to another funeral home.

Barden filed for divorce four months before he died but that case was dropped after his death.

Barden was the owner, chairman and chief executive officer of Barden Companies Inc., the Majestic Star and Fitzgerald's casinos and hotels, and Waycor Development Co.

Marshall had aspirations of running for mayor of the city, said Arnold and Angelo Henderson, a journalist and popular talk show host of the "Your Voice" radio show on WCHB 1200 AM.

Henderson said Marshall had put together an exploratory committee to study the pros and cons of running for mayor of Detroit and becoming the city's first female mayor. Marshall, who was trying to get Henderson interested as a press secretary in her campaign, was weighing a candidacy in 2009 but wanted to first see who the other candidates would be.

"She said she had some ideas for the city," said Henderson on Tuesday. "She believed it could soar again."


Bella Marshall, an ex-Mayor Coleman

Young appointee, was exploring a run
for Detroit mayor. (The Detroit News)

Former Qwest CFO and admitted felon Robin Szeliga is now COO of ...
By COO Forum Administrator
2012-05-03

Former Qwest CFO and admitted felon Robin Szeliga is now COO of a nonprofit

Remember Robin Szeliga, the former Qwest chief financial officer who pled guilty to one felony count of insider trading in 2005?

Szeliga worked for Qwest during its meteoric rise and spectacular collapse under the leadership of former CEO Joe Nacchio. She left Qwest in July 2003.

Well, Szeliga now serves as the chief operating officer for the nonprofit Big Brothers Big Sisters of Colorado. She will be the featured speaker at the Colorado Women’s Chamber of Commerce downtown luncheon May 16th.

Here’s how the press release announcing the event describes Szeliga’s career:

    Following a successful career in the corporate world, Ms. Szeliga transitioned to the non-profit world three years ago. … Ms. Szeliga has first-hand experience in the corporate boardroom and knows the risks and rewards inherent in the corporate setting. She was formerly CFO of a Fortune 100 Company, and her life and her career were forever changed by the circumstances and the decisions she made as a first-time C-level executive.

No mention of Qwest in the release. Here’s how the Department of Justice states the facts in the plea deal with Szeliga:

    According to the stipulated facts outlined in the plea agreement, SZELIGA was Qwest’s Chief Financial Officer (CFO). On April 30, 2001, while in possession of material, non-public information regarding Qwest’s true operating performance and financial condition, SZELIGA sold 10,000 shares of Qwest stock at $41 per share, obtaining gross proceeds of approximately $410,000, with a pre-tax gain of $125,000.

Under the 2005 deal with the Justice Department, Szeliga received two years’ probation, $250,000 in fines, $125,000 in restitution for the ill-gotten gains and six months of home detention. She’s also barred from ever being a director or officer of a public company.

Big Brothers Big Sisters of Colorado is described as an organization that “works to help children reach their full potential through professionally supported, one-to-one volunteer mentoring relationships with measurable impact.”

UPDATE 3:15 P.M. | I called Big Brothers Big Sisters a couple of hours ago asking for comment about the Szeliga hire, but have not heard back. I will update this post if/when they return the call.

UPDATE 5:54 P.M. | Big Brothers Big Sisters president and CEO Dave Stalls told me that because of Szeliga’s history with Qwest, her hiring process three years ago was “the most involved background checking, screening, interviews” that he’s ever led.

He said the background check included an interview with a prosecutor in the Justice Department’s case against Szeliga.

Stalls also spoke with at least two members of the Association of US West Retirees, he said.

“I needed for this organization to reach out to them to say ‘OK, if we hire this person, what’s your take on this? You guys have been hit by what happened with Nacchio and the crew,’” Stalls said. “And they were enlightening for me.”

They said they would support the hire, Stalls said.

Szeliga started as a director of finance for the organization, which has annual revenue of $3.4 million and employs 50 in Colorado. Such positions typically generate about 50 applications, Stalls said, and Szeliga was clearly the most qualified. She was promoted to COO from vice president of operations in the fall.

John Barrack leaves Canadian Media Production Association as COO
By COO Forum Administrator
2012-05-03

The producer association’s top negotiator has left “to pursue other opportunities,” a spokesman confirmed Tuesday.

ValueClick Announces First Quarter 2012 Results
By COO Forum Administrator
2012-05-03

WESTLAKE VILLAGE, Calif., May 02, 2012 (BUSINESS WIRE) -- ValueClick, Inc. VCLK -0.65% today reported financial results for the first quarter ended March 31, 2012. Highlights from the quarter include:

-- Revenue of $152.9 million, up 31 percent from the first quarter of 2011 (Q1 2011);

-- Adjusted-EBITDA(1) of $47.9 million, up 37 percent from Q1 2011;

-- Adjusted-EBITDA margin of 31.4 percent versus 30.1 percent in Q1 2011;

-- Non-GAAP net income(2)of $0.38 per diluted share versus $0.26 in Q1 2011;

-- GAAP net income of $0.26 per diluted share versus $0.21 in Q1 2011; and

-- The appointment of John Giuliani, president of ValueClick's Dotomi division, to the role of chief operating officer.

"This was an important quarter for ValueClick, as we executed on many of our strategic initiatives, including expanding the Greystripe mobile business into Europe, accelerating the integrated-sales approach among our divisions, and continuing to evolve our Owned & Operated Websites segment," said James R. Zarley, chief executive officer of ValueClick. "We are just scratching the surface of providing a broader range of services to our clients as we execute on our vision of becoming the leading digital marketing services partner for major advertisers."

During the quarter, the Company paid down $62.5 million in debt and did not repurchase any shares. The share repurchase program's current total authorization is $100 million. The consolidated balance sheet as of March 31, 2012 includes approximately $107.7 million in cash and cash equivalents, and $105.0 million in total debt.

The Company's effective tax rate of 29.6 percent in the first quarter of 2012 was positively impacted by discrete state tax adjustments. Assuming the normalized 38 percent effective tax rate included in the Company's previously-issued guidance, non-GAAP net income would have been $28.7 million, or $0.35 per diluted common share.

Critical Watch appoints Steven Chappell to President
By COO Forum Administrator
2012-05-08

DALLAS, May 3, 2012 /PRNewswire/ -- Critical Watch announced today that it has named Steven Chappell as President. Formerly, Chappell held the position of Chief Operating Officer at the company and prior to Critical Watch he was a senior executive at technology leaders such as TippingPoint, Riverbed and Safenet.

Critical Watch launched its groundbreaking Active Countermeasure Intelligence™ security analytics platform earlier in the year and Chappell was instrumental in repositioning the company in the security intelligence space. In his new role, he will lead Critical Watch in its shift to an OEM-based business model as they deliver advanced risk analytics and higher accuracy protection to security technology providers seeking to enhance their offerings.

"There is a tremendous shift going on in the security space as we start to truly understand what risk intelligence is and actually execute on its promise. The Critical Watch Active Countermeasure Intelligence (ACI) technology will be a powerful catalyst in driving the industry forward," said Chappell.

ACI is a flexible technology ecosystem that enables information aggregation, sharing and automation across security solutions. Its Countermeasure Intelligence Engine™ provides users with practical recommendation analytics for the best approach to mitigate risk in their environment.

About Critical Watch

Critical Watch is the innovator of Active Countermeasure Intelligence™ – next generation information security that combines comprehensive risk intelligence with active mitigation. Its power is in the ability to converge a higher level understanding of risk across the information stack and immediately initiate mitigation on the appropriate countermeasure solutions as a unified, defense-in-depth action plan. Critical Watch clients are Global 2000 enterprises across verticals such as healthcare, financial services, state and local government, ecommerce and manufacturing. ACI enables organizations to:

    Unify the elements of risk
    Understand the unique attributes of risks
    Intelligently map those risks to the most effective countermeasures to enable action

For more information, visit www.criticalwatch.com

Face to Face: Waha Land COO Hazem S. Al Nowais
By COO Forum Administrator
2012-05-08

It began in October 2007 when Oasis International Leasing Company, the forerunner of Waha Land, was granted a plot of land by the Abu Dhabi government. Hazem S. Al Nowais was appointed as the company’s first employee, tasked with developing the vision of transforming the barren 6km2 site into a landmark project with long-term viability.

With a background in architecture, and stints in both the oil-and-gas and public and private sectors, Al Nowais was uniquely qualified to take on this huge challenge.

“When we took over the site, there was literally nothing. That is a bit of a lie, because there were a lot of camels roaming around that had to be fenced off,” he recalls.

“We are very proud of what we have achieved. We not only started the project from scratch, we started the company from scratch. We have been blessed in that we were granted a plot of land initially, so we are very grateful to the Abu Dhabi government.

We are blessed to have the support of Waha Capital, the mother company, and its shareholders and supporters. It ticked all the right boxes for this to be a successful project,” says Al Nowais.

The current state of progress is focused on completing Phase 1, comprising 90,000m2 of small light industrial units. These are broken down further into six buildings of 12,000m2 each and three buildings 6,000m2 each.

“The second component is plots that are serviced and ready for potential tenants or clients to either construct their own factory or warehouse or shed, or they can utilise the expertise within Waha Land to construct a purpose-built unit for them.

The third component is the internal infrastructure that links all these serviced plots and ready-built units to each other, while the fourth component is the external infrastructure that ties us into the main road infrastructure grid of Abu Dhabi,” explains Al Nowais.

The strategic importance of Al Markaz’s location is that all vehicular traffic into and out of Abu Dhabi passes by the industrial estate, while it is on a main route to Saudi Arabia.

Traffic to and from the Wesetrn GCC, from as far afield as Kuwait, Qatar and Bahrain, is also funnelled into the industrial estate’s catchment area. Apart from the extensive road links, Al Markaz will also boast a spur to the main line of Eithad Rail when this project is finally completed.

“At the moment I would say we are 95% completed with the smaller industrial buildings that make up the 90,000m2. And I would say we are more than 75% complete on the plots and infrastructure. We anticipate that, by the end of the summer, Phase 1 will be fully operational. We have started handing over some of the units to potential tenants, so that is one of the things we have started,” says Al Nowais.

Reflecting on the response from the market to date, Al Nowais says: “The first remark we get is that it is huge, the sheer scale. The second biggest comment we get is very flattering, but it was always our goal from day one, and that is the quality.

That is the biggest compliment we get. Although it does sound like a flattering remark, it was what we aimed for from day one. Our minimum goal was to achieve this international standard of quality.”

Al Nowais says that five to six local clients and two international clients have already been signed, barely a couple of weeks into Al Markaz’s official marketing campaign, which bodes well for the overall success of the development.

Critical to this success has been the overarching strategy behind the development, and a patient attention to upfront planning and market research.

“We had to wait for the right time and the right completion. I think the market now very much wants to see finished, quality product. Not only is off-plan really a dead marketing tool, I think off-plan for industrial units is not even an option.

I mean you can market an apartment or office off plan in days gone by, but I think to market an industrial warehouse is ridiculous. So we waited for the right time. We started our marketing campaign about six weeks ago; we targeted what we thought was the market segment that would be looking at this, and the response has been good to date.”

The current focus on infrastructure and industrial development in the GCC has amply justified this approach. “Luckily when we ran the market research, to justify the investment in this project, it is exactly what the market research identified.

We ran another market survey a year into the project, after the design phase, and it really identified to go ahead with the industrial, as that is the way the market is moving.

Industrial real estate, I think, is going to gain momentum. The question now is how you are going to differentiate yourself, and in the industrial market today that is the quality and the infrastructure – if you can combine those two in one project, you can differentiate yourself,” says Al Nowais.

Looking back the inception of the project, Al Nowais says that identifying the optimum land use had always been key. “Back then Waha Land was not even a vertical yet. So the immediate question was how do you build it, how do you utilise it? We had ended up starting up a company around this plot of land. So the first thing we really did was put in a strategy for the company and start looking at best uses for this land.”

Al Nowais says: “The thing that popped out at us was industrial. It is within the industrial corridor. It sort of lends itself to being an industrial site, and the market research we ran solidified our thinking.

The first thing done was to make sure it is the right project in the right location, so building up a team around it was important, and starting up a company that can handle a project of this magnitude.

The next thing after this was to design it, and finding the right people who could do plan it, followed by the right project management and contracting teams.” While it was reported that Al Markaz broke ground at the end of 2010, Al Nowais says this actually referred to the temporary access road.

“We actually received our construction permit in April 2011, so what you see out there is just under a year’s worth of construction.” He says this fast-track approach had been facilitated by the amount of upfront planning. “Taking your time with the initial planning, designing it properly, selecting the right teams – that saves you a lot of trouble and headaches during the remainder of the project.”

While the company and project were established just prior to the real-estate boom in the UAE, Al Nowais says the development was still in the conception phase when the downturn hit, “so we were not out there spending massive amounts of money, we were just in the drawing board stages, and were able to ride out the storm.

It also gave us time to plot the market and actually adapt the project. It allowed us to assess our position, and I think that turned out to be quite to the advantage of Waha Land.

“The other strategy we followed was keeping a lean team, and that also worked to our advantage, especially in 2008 when the market was looking a bit on the vague or unclear side – we were lucky in that we did not have to lay off anyone. We were able to slow down the project as needed.

I think the project now and the team is at a stage where we know or we are confident we can push it when we need to push it,” says Al Nowais.

Looking at the construction challenge posed by the project, Al Nowais explains: “The way we planned it is in a very modular fashion, as with any logical industrial project. You see a lot of projects in Europe where they are non-modular or non-linear, which is usually due to the site conditions. When you have a 2km2 by 3km2 site, if you go for any design other than linear, you are almost always asking for trouble, and again that is the architect in me coming out.”

Al Nowais concurs that his architectural experience has had a large input into the design phase of the project. “My colleague, who is a civil engineer, does not appreciate that. Luckily we liked each other before we started working together, so it was okay.” Al Nowais is referring to Waha Land projects director Neil Morgan.

He says the design has two key elements. “One is we designed the traffic flow first before we designed the buildings and plots. We were looking for a zero queuing time in and out. We visited other industrial projects, and the major concern from most tenants was queuing. If a truck breaks down on a roundabout, what do you do? That was the first element we tapped into – zero queue time.

Not only does it cut down on the frustration of the drivers coming in and out, and queuing for three to four hours, but it also guarantees those clients with perishables that they do not lose any items.”

The second key design element was overall flexibility. “That also goes back to the linear/modular approach,” says Al Nowais. While the industrial estate is based on accommodating a range of asset classes, its inherent flexibility means that one type of asset class can be favoured over the others if this is what the market demands down the line.

“If tthere is a huge demand for asset classes other than the smaller industrial warehouses, it is almost a plug-and-play scenario – you just remove one asset class and put in another asset class, without affecting your infrastructure plan or the design of your plots.

“It was designed in a way to give maximum flexibility. You incorporate this flexibility on a masterplan, and this flexibility also continues into the units themselves. You adopt it on a macro and micro scale,” says Al Nowais. For example, a 12,000m2 unit can be sub-divided into 250m2 sheds “without affecting the internal structure.

That was the ultimate flexibility we were aiming to achieve, which you do not get in other industrial parks.” The asset classes catered for start with smaller industrial units that can be used as workshops, for small-scale manufacturing and fabrication, or for personal storage – which Al Nowais points out there is a big demand for in Abu Dhabi at the moment.

“Then you have what we call a light industrial unit, a larger unit for bigger manufacturing or storage, but not full-blown warehousing.”

What sets Al Markaz apart from the pack is its ability to cater for entrepreneurs or small- to medium-sized companies as they start out small and then expand. “You have the young entrepreneur, the start-up SME, that comes in and starts out with small light industrial units.

One of the biggest problems facing an entrepreneur looking to start an SME or small enterprise is what happens when his business grows? Where does he go? We solved this question by saying he does not need to go much further, because all he needs to do is relocate into a bigger unit, or you can relocate into another asset that will allow you to move from being a small-scale fabricator to a full-blown factory on-site.

That is one of the reasons why we tackled the idea of three distinct asset classes,” says Al Nowais.

Al Markaz also forms an integral part of Abu Dhabi’s future development. “If you look at the larger Abu Dhabi 2030 plan and national vision, these are really the guidelines we are governed by. It talks about diversification, industrial parks and being able to set up non-oil dependent businesses and manufacturing.

“What we are doing really is responding to the 2030 plan – and what better way to do it than to be able to provide an international-quality facility that fosters these businesses and the industrial boom that Abu Dhabi is experiencing.”

As to the viability of the remaining three phases of the industrial park, Al Nowais says: “We will carry on researching the market … We are quite sure there is demand there, and will continue to listen to our tenants.”

 


Waha Land COO Hazem S. Al Nowais

Digital First Media's chief says newspapers have key advantages in the ...
By COO Forum Administrator
2012-05-08

Digital First Media's chief says newspapers have key advantages in the struggle for readers and advertising

The man leading the charge to transform print newspapers into online powerhouses told newspaper publishers Friday in San Jose that there's not a lot of time left to do it, but they have a couple of key advantages.

"The newspaper industry already has what all of our competitors want -- scale," said John Paton, CEO of Digital First Media, which has moved swiftly to repurpose its many newspapers, including this one, as digital publishers.

"It's a level of scale that Patch and other startups are now finding out to their chagrin is a huge barrier for entry into the business of local news reporting and advertising sales," said Paton, addressing a California Newspaper Publishers Association conference.

Equally important, "People in our communities know what we stand for," he said.

"It is the act of creating original, and particularly original local journalism, that differentiates us from the online 'content providers,' " Paton said. "In our markets no one does more local news and advertising than we do, and no one does it better."

Long an evangelist of change in the newspaper industry, last year Paton became CEO of the newly formed Digital First Media, which manages two large newspaper chains -- the Journal Register Co. and MediaNews Group, parent company of this newspaper.

The two chains control more than 800 products -- newspapers and online platforms -- with 57 million readers in 18 states.

Digital First is already moving its products from the old platform -- print -- to the new "multiplatforms of the customers' choice," Paton said.

The company's largest audience is digital and its fastest-growing revenue stream is digital, he said. And the company is profitable, with about $1.4 billion in revenue. Advertising accounts for $1 billion of that, including $130 million in digital ad revenue, which "is growing fast and represents our future," he said.

The company's legacy business of print is still dominant, but under increasing pressure, and it must change quickly, he said.

Digital First's strategy focuses on journalism and advertising sales "and not the legacy modes of production rooted in print," he said.

That means cuts. "No business that is transforming can afford to allocate the new resources without reducing the old," he said. "Employees will have to multitask."

It also means reaching out to readers in innovative ways. Paton noted that Digital First announced the launch of 12 "community media labs" Thursday, including one in San Jose, to engage readers in reporting news, issues and events.

The San Jose Mercury News will use a van equipped with an awning and portable furniture so staff members can lead classes and meetings throughout Silicon Valley. Another community newsroom is opening later this year in Oakland.

Ken Doctor, a media analyst with Outsell, said Paton has the strategy right and is executing it as well as anyone in the industry, but the move away from print by advertisers and to some extent readers is happening faster than anyone expected a few years ago.

"The whole notion of digital first is right, and he's been moving to change his company faster than others. The question is whether he can pull it off in time, and how large an enterprise would be left," Doctor said.

Haute Event: Carlos Santana Kicks Off His Residency at House of Blues with Dan ...
By COO Forum Administrator
2012-05-08

Haute Event: Carlos Santana Kicks Off His Residency at House of Blues with Dan Akroyd, More


Friday night marked the official launch of legendary guitarist Carlos Santana’s new residency gig at House of Blues Las Vegas.

As House of Blues’ new resident headliner, Carlos Santana was joined by House of Blues co-founder Dan Aykroyd, House of Blues CEO Ron Bension, President and COO of Mandalay Bay Chuck Bowling, co-founder of the original Woodstock Michael Lang and Casa Noble Tequila CEO Jose “Pepe” Hermosillo as he participated in the earth-based ceremony.

Traditionally, each House of Blues location welds a metal box filled with Delta Mississippi mud to the stage to ensure that every artist that performs on that stage has the roots and the spirit of the South planted beneath their feet. In welcoming Santana to the House of Blues family, this ceremony included earth from the Delta combined with earth delivered from Woodstock as well as some from Santana’s hometown in Mexico, symbolizing Santana’s roots being planted at House of Blues Las Vegas.

The combined mud will find its home in a display box within the venue for fans to see for years to come. The tradition of the mud ceremony began when the first House of Blues venue was established in 1992 in Cambridge, Mass.

The VIP reception boasted stilt walkers in Santana-themed style, a 15-foot long ice sculpture and culinary creations by House of Blues’ chef Aaron Sanchez. The group toasted with a round of Casa Noble Tequila shots before heading into the music hall for the live Santana performance. Additional celebrities in attendance during the VIP reception included Rick Harrison of “Pawn Stars,” comedian Ben Gleib, Ricardo Laguna of “The Ricardo Laguna Project” and comedian Arden Myrin.

SRS Medical appoints new Chief Executive Officer, executes new strategic ...
By COO Forum Administrator
2012-05-03

SRS Medical appoints new Chief Executive Officer, executes new strategic agreements

BILLERICA, Mass., May 2, 2012 /PRNewswire via COMTEX/ -- SRS Medical (srsmedical.com), a leading designer and manufacturer of devices for the diagnosis of voiding disorders in the urology and gynecology markets, announced today that Lee Brody has been named Chief Executive Officer.

In this role, Mr. Brody will direct corporate strategy and work closely with his senior management team on expanding partnerships and driving new product acquisition. Mr. Brody is a 15-year veteran of SRS Medical and most recently served as the company's Chief Operating Officer. He holds Undergraduate and Master's degrees in Biomedical Engineering from Boston University, as well as an MBA from Northeastern University.

"Lee's deep experience at SRS Medical makes him the perfect executive to lead the company in its mission to transform available clinical solutions in urology," said Ted Henderson, who serves as a Managing Director at Schooner Capital. "His commitment to excellence is apparent to everyone who knows him. We are incredibly pleased to have him take on this new responsibility."

According to Mr. Brody, the company will sharpen its focus on its rapidly growing new product, the CT3000 non-invasive pressure-flow system. SRS Medical has exclusive worldwide manufacturing and domestic distribution rights to the CT3000 and expects the market to continue its fast acceptance and use of the new technology. In a statement, Mr. Brody explained, "We are pleased with the clinical success of the CT3000 and believe its widespread use results in better diagnosis and outcomes. The CT3000 complements our company's long history of excellence and innovation in urology, across urodynamics, ultrasound and related product lines."

The company also announced:

SRS Medical and its worldwide development partner, MediPlus Ltd. have expanded their partnership on the CT3000 and other clinical products.

SRS Medical and its investment partners, Schooner Capital and 20/20 HealthCare Partners, have completed an additional financing round.

Clinical Background on the CT3000

Poor urine flow in older men is often assumed to be result of bladder outlet obstruction (BOO) related to enlarged prostate, but it can also be the result of low bladder contractility. History, symptom assessment and flow rate are not sufficient to determine which is the cause. In fact, clinical literature indicates that some 30% of patients undergoing prostate surgery fail to get symptomatic relief. Bladder pressure measurement is needed for definitive diagnosis, but many men are reluctant to undergo catheterization. The CT3000 UroCuff(TM) Test is the first non-invasive test for male voiding pressure.

Background on SRS Medical Systems, Inc. SRS Medical Systems, Inc. is a privately-held Delaware corporation. To learn more about SRS Medical and its products, please visit http://www.srsmedical.com .


        Contact: David Mahoney, Vice President Sales & Marketing
                 Mail to: dmahoney@srsmedical.com
                 Telephone: 800.345.5642
                 Fax: 413.821.8998

Indico Appoints New Director and Chief Operating Officer; Ocana Phase 2 Drill ...
By COO Forum Administrator
2012-05-03

VANCOUVER, BRITISH COLUMBIA, May 02, 2012 (MARKETWIRE via COMTEX) -- Indico Resources Ltd. CA:IDI -13.04% (otcqx:IDIFF) ("Indico" or the "Company") is pleased to announce the appointment of Mr. Henk van Alphen to the Company's Board of Directors and Mr. John Drobe as the Company's Chief Operating Officer.

Mr. van Alphen has had a successful career in the mining business for over 25 years. Since 1999, Henk has been a director of Cardero Resource Corp., a mineral exploration company listed on the Toronto Stock Exchange and the NYSE-Amex, and was instrumental in establishing the Cardero Group of Companies. Henk holds senior management and director positions with several resource exploration and development companies. Having raised over $200 million for mining exploration, his leadership, knowledge and access to capital will be an invaluable asset to the Company.

Mr. John Drobe is a geologist with 25 years of experience, specializing in porphyry copper-gold, epithermal and skarn deposits throughout Latin America. John is currently Vice-President Exploration for Dorato Resources Inc., a mineral exploration company listed on the TSX Venture Exchange. Prior to joining Dorato, John held the position of Chief Geologist for Corriente Resources Inc., a mineral exploration company previously listed on the TSX and AMEX. John was responsible for all aspects of exploration and resource definition at Corriente's Mirador, Panantza, and San Carlos porphyry copper deposits.

Mr. van Alphen will be replacing Mr. Michael Kinley, who has resigned from the Board of Directors. The Company would like to express its sincere thanks to Michael for his years of service on the Board.

The Company also announces the granting of incentive stock options to certain of its directors, officers and consultants to purchase up to an aggregate of 1,200,000 common shares in its capital stock at a price of $0.21 per share, exercisable for a period of two years.

Ocana Property Update - Phase 2 Drilling Proposal

Indico is preparing to initiate the Phase 2 drill programme at the Ocana Copper Project ( http://www.indicoresources.com/i/misc/ocana_2.gif ). This programme will total 5000 metres and target 1) higher-grade hypogene mineralization within breccia at depth, and 2) shallow, high-grade copper oxide mineralization under the main ridge along the south edge of the alteration anomaly.

The Ocana porphyry project covers 110 km2 located on the northwest extension of the Southern Peru Porphyry Copper Belt ( http://www.indicoresources.com/i/maps/Ocana_concessions_complete.jpg ). Ocana is accessible by an 85 km graded dirt road connected to the paved Pan American Highway. The Toquepala, Quellaveco, Cuajone, and Cerro Verde Mines are on regional trend to the southeast. Recent exploration in the belt has also resulted in discovery of the Zafranal copper - molybdenum - gold porphyry deposit (NI 43-101 compliant Measured & Indicated resources of 301MT of 0.47% copper and 0.08g/t gold, and additional Inferred resources of 51 MT of 0.32% copper and 0.06 g/t gold, located approximately 75 km to the southeast of the Ocana Project. The geology and mineralization at Ocana is similar to that at the Zafranal. The information in this release relating to regional geology, mines, deposits and projects was determined from the relevant company web sites and public filings.

Five drill holes were completed in Phase I, totaling 2,195 m ( http://www.indicoresources.com/i/maps/Ocana_DDH_proposed2012_NR.jpg ), and all contained strong hypogene mineralization over significant thicknesses. In addition, two holes located nearest the main east-west ridge (OKA-001 and 002) also intersected significant supergene copper oxide and sulphide at or near surface. Results for all five holes are summarized in Table 1. Notable in the initial phase of drilling was OKA-004, in which consistent hypogene mineralization at 0.25% copper (0.32% copper equivalent) terminated in increasing copper grades, with the last 15 m averaging 0.42% copper ( http://www.indicoresources.com/i/misc/2011-11-08_NR3.jpg ).

Phase 1 drilling indicates the mineralized system has dimensions of at least 840 m east-west and extends at least 250 m north-south. Phreatic breccia underlies most of this area and trends west-northwest and is continuous for more than 1 km, over a width of at least 200 m within the concession, and extending for another approximately 200 m off the property to the north. With these dimensions, the Ocana porphyry could be comparable in size to the 351 MT Zafranal Cu-Mo porphyry, which is owned by AQM Copper and Teck Corporation (see below).

The Phase 2 drilling will test the depth and extent of the hypogene mineralization within the breccia, with emphasis on intersecting the source of highly-mineralization fragments intersected in OKA-003. It will also target the southern and eastern extents of shallow high-grade supergene mineralization intersected in holes OKA-001 and 002. The large ridge south of these holes may preserve a significant thickness of supergene copper, the northern edge of which was intersected by the Phase 1 holes.

Table 1: Detailed Drill Results - Phase 1 Drill Programme (2011)
        ---------------------------------------------------------------------------
                   From    To            CuEq    Cu    Mo    Au    Ag
        Drill Hole   (m)   (m) Interval (%)(i)   (%) (ppm) (g/t) (g/t) Mineral Zone
        ---------------------------------------------------------------------------
        OKA-001       2    46        44 0.824 0.734   105 0.032   1.3  oxide
        130                                                            supergene
        degrees/   ----------------------------------------------------------------
        -70          46   192       146 0.308 0.232    97 0.022   1.1  hypogene
        degrees    ----------------------------------------------------------------
                    192   447       255 0.217 0.153    98 0.014   0.6  hypogene
                   ----------------------------------------------------------------
                    447 697.8     250.8 0.126 0.094    44 0.009   0.4  hypogene
        ---------------------------------------------------------------------------
        OKA-002       4    24        20 0.776 0.183   742 0.254   3.6  oxide
        120        ----------------------------------------------------------------
        degrees/     24    38        14 1.607 1.290   511 0.057   1.9  supergene
        -70        ----------------------------------------------------------------
        degrees      38   150       112 0.334 0.209   136 0.057   1.5  hypogene
                   ----------------------------------------------------------------
                    150 406.3     256.3 0.211 0.154    71 0.015   0.9  hypogene
        ---------------------------------------------------------------------------
        OKA-003       2   150       148 0.285 0.134    98 0.132   0.6  hypogene
        120        ----------------------------------------------------------------
        degrees/    150   321       171 0.536 0.322   111 0.187   2.2  hypogene
        -70
        degrees    ----------------------------------------------------------------
        including   219   270        51 0.706 0.424   187 0.206   3.8  hypogene
                   ----------------------------------------------------------------
                    321 403.3      82.3 0.219 0.125   145 0.020   0.7  hypogene
        ---------------------------------------------------------------------------
        OKA-004      57 356.7     299.7 0.318 0.253    70 0.027   1.1  hypogene
        310
        degrees/
        -80
        degrees    ----------------------------------------------------------------
        including   300 356.7      56.7 0.449 0.368    89 0.030   1.5  hypogene
        ---------------------------------------------------------------------------
        OKA-005      63    84        21 0.669 0.605    73 0.018   1.4  mixed
        235                                                            supergene
        degrees/   ----------------------------------------------------------------
        -70          84   216       132 0.340 0.270    72 0.023   1.7  hypogene
        degrees    ----------------------------------------------------------------
                    216   276        60 0.210 0.164    42 0.020   1.0  hypogene
        ---------------------------------------------------------------------------
 

(i) Copper equivalent calculations represent the total metal value for each
            metal, multiplied by the conversion factor, summed and expressed in
            equivalent copper percentage. These results are exploration results
            only and no allowance is made from recovery losses that may occur
            should mining eventually result. These equivalent grades should not be
            interpreted as actual grades since the conversion rations vary with the
            volatile prices of Cu and Mo and the economic recoveries of Cu and Mo
            can vary significantly in actual extraction and processing. However, it
            is the company's opinion that elements considered here have a
            reasonable potential to be recovered. The three-year, moving-average
            metal prices used for the purposes of the equivalency calculations are
            copper $US3/pound, gold $US1200/ounce, molybdenum $US15/pound and
            silver $US21/ounce.

 

Qualified Person

John Drobe, P.Geo., and a qualified person as defined by National Instrument 43-101, has reviewed and takes responsibility for the scientific and technical information that forms the basis for this news release. Mr. Drobe is not independent of the Company as he is an officer and a shareholder.

About Indico Resources Ltd.

Indico Resources Ltd. is a resource exploration company focused in the discovery and exploration of porphyry copper-gold deposits in South America. The Ocana Porphyry Project is the Company's primary exploration project and is currently the main focus of exploration activities. In addition, the Company has reviewed multiple additional porphyry exploration projects and is in negotiation to acquire interests in additional porphyry exploration projects. Please visit our website at www.indicoresources.com .

On behalf of Indico Resources Ltd.

Gary Freeman, President and Chief Executive Officer

Cautionary Statement Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward looking information" within the meaning of the British Columbia Securities Act and the Alberta Securities Act. Generally, the words "expect", "intend", "estimate", "will" and similar expressions identify forward-looking information. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward looking information. Statements in this press release regarding Indico's business or proposed business, which are not historical facts, are forward-looking information that involve risks and uncertainties, such as estimates and statements that describe Indico's future plans, objectives or goals, including words to the effect that Indico or management expects a stated condition or result to occur. Since forward-looking statements address events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties. The foregoing commentary is based on the beliefs, expectations and opinions of management on the date the statements are made. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
       
        Contacts:
        Indico Resources Ltd.
        Michael Pound
        Investor Relations
        604-638-5938 or Toll Free: 1-888-638-5942
        604-408-7499 (FAX)
        mpound@indicoresources.com
 
www.indicoresources.com

Charter taps Cablevision exec as new COO
By COO Forum Administrator
2012-05-03

Charter Communications Inc. has appointed John Bickham to the position of chief operating officer, the Town and Country-based cable and broadband provider announced today. The COO appointment took effect on Monday.

Bickham, a 26-year veteran of the cable industry, most recently served as president of cable and communications at rival Cablevision.

“John knows this industry well, and appreciates what it takes to run operations most effectively,” said Tom Rutledge, Charter’s president and CEO. “We’ve worked together for many years and I’m confident in his ability to help this organization achieve its full potential.”

Prior to joining Cablevision in 2004, Bickham was executive vice president for Time Warner Cable with corporate responsibility for a number of large markets.

CorMedix Appoints Randy Milby as Chief Operating Officer
By COO Forum Administrator
2012-05-03

Brian Lenz Resigns as COO and CFO to Pursue an Opportunity with Another Life Sciences Company

Richard M. Cohen, Interim CEO, will add Title of Interim CFO

BRIDGEWATER, N.J.--(BUSINESS WIRE)--CorMedix Inc.  (NYSE Amex: CRMD), a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal disease, today announced the appointment of Randy Milby as its Chief Operating Officer. Randy brings extensive commercial operational experience to the Company having worked as the Global Business Director of Applied Biosciences and other management positions at Dupont from 1999 through 2010. Prior to his experience with Dupont, he was also a Healthcare Analyst at Goldman Sachs & Company. Randy received his Pharmacy degree at the University of Kansas and his MBA from Washington University in St. Louis. Randy Milby has been employed from September 2010 to present at WaterStone Bridge LLC., a healthcare consulting firm.

Richard M. Cohen, CorMedix's Interim CEO stated, "Previously with DuPont and Goldman Sachs, Randy Milby brings both strategic and operational expertise to CorMedix. Randy will be instrumental as we transition to a commercial organization in anticipation of our receiving a CE Mark approval this year and the subsequent commercial launch of Neutrolin® in Europe. Randy will work with management and the board to drive CorMedix's strategic agenda forward at this important juncture in the company's history. Brian Lenz, formerly COO and CFO has resigned to pursue another opportunity. CorMedix wishes Brian the best of luck with his future activities and thanks him for his valuable service to the company." In connection with Brian's departure, the Company has appointed Richard M. Cohen as its Interim CFO.

About CorMedix

CorMedix Inc. is a development-stage pharmaceutical company that seeks to in-license, develop and commercialize therapeutic products for the prevention and treatment of cardiac and renal dysfunction, also known as cardiorenal disease. CorMedix's goal is to treat kidney disease by reducing the commonly associated cardiovascular and metabolic complications, in effect, treating the kidney to treat the heart. CorMedix is currently pursuing the CE marking approval process in Europe, for CRMD003 (Neutrolin®) for the prevention of catheter related bloodstream infections and maintenance of catheter patency in tunneled, cuffed, central venous catheters used for vascular access in hemodialysis patients. Please see www.cormedix.com for additional information.


Randy Milby

Limited Brands Appoints Charlie McGuigan As COO - Quick Facts
By COO Forum Administrator
2012-05-03

(RTTNews.com) - Limited Brands, Inc. (LTD) said Charlie McGuigan, chief executive officer of Mast Global, the company's sourcing and production arm, has been appointed as Limited Brands chief operating officer. In addition to retaining his current responsibilities, he will assume leadership of enterprise operations.

Prior to joining Limited Brands, McGuigan worked for Cap Gemini Ernst & Young as a leader in consumer, product and retail practices.

Further, Martyn Redgrave, Limited Brands chief administrative officer, will transition to the role of senior advisor for the company later this summer.

Cardero Resources appoints Mr Angus Christie as COO
By COO Forum Administrator
2012-05-03

Cardero Resource Corp announced the appointment of Mr Angus Christie as Chief Operating Officer of the Company effective June 1st 2012. Mr. Christie is a highly respected senior executive with over 25 years international experience in coal mining operations, resource and reserve management, mine development and exploration and strategic planning.

In his career, Mr Angus has been involved in several projects from exploration and feasibility through to mine commissioning. His operational experience has been focused on both underground and surface operations extending from deposits which are structurally complex to the more benign geological formations found at the Company's Carbon Creek asset. This includes five underground and open pit mines in South Africa and the 32 million tonne per annum Cerrejon open pit mine in Colombia where he played an integral role in improving coal recoveries, illustrating the very real operational value that Angus has brought to coal mines throughout his career.

As the COO of Cardero, Angus's immediate responsibilities will be to work with senior management and regional stakeholders to advance the Company's Carbon Creek Project from the Preliminary Economic Assessment stage through to the completion of a Feasibility Study with the objective of submitting a Mine Permit Application in 2013.

His previous experience with multi-seam, metallurgical coal deposits will be of significant benefit at Carbon Creek where the Company anticipates mining and blending several seams to ensure product optimization.

On his appointment, Mr Christie stated that "I believe that Carbon Creek deposit is a valuable metallurgical coal asset that is proving itself to be one of the largest contiguous deposits in the Peace River region. I am looking forward to developing this unique deposit so that we can realize its significant potential."

Company President & CEO, Mr Michael Hunter said that "I believe Mr Christie's operational experience compliments a skilled and dedicated team that is motivated to unlock the value of the Carbon Creek asset and delivering that profitability to our shareholders."

e2e Materials Appoints Peter Cohen to Board of Directors
By COO Forum Administrator
2012-05-03

20-Year Industry Veteran Adds Executive-Level Leadership with Deep Understanding of Furniture and Design Markets

ITHACA, N.Y., May 3, 2012 (GlobeNewswire via COMTEX) -- e2e Materials, an innovative clean technology spinoff of Cornell University that develops products made from its advanced biocomposite materials used for the furniture and cabinet industries, today announced that Peter Cohen has joined its board of directors. Mr. Cohen is a co-managing director of 22 Holdings Corp., a private investment fund with assets in real estate, venture capital, hotels and public and private equity. One of 22 Holdings' areas of focus is on fast growing mid-size companies in consumer products, industrial equipment and media and information technologies.

"e2e Materials' steady growth has reached a critical mass which is why the addition of our newest board member, Peter Cohen, couldn't be timelier," said Pat Govang, president and CEO of e2e Materials. "Peter's extensive industry experience, particularly in the office furniture market, will be invaluable in shaping our go-to-market strategies and focus on key products that will benefit most from our breakthrough biocomposite materials."

Mr. Cohen is the former President and COO of Knoll, International, a contract furnishings and textile/leather supplier. Most recently, he was head of marketing for the United Auto Group. Previously, he served as president and CEO of CHF Industries, a major supplier of home furnishings to Sears, Kmart, Walmart and J.C. Penney. Prior to Knoll, Mr. Cohen was executive vice president and general manager of General Felt Industries, a producer of floor coverings and non-woven textile products. In addition to his current role with 22 Holdings Corp., Mr. Cohen is a director for several private companies including: Terphane (plastic film for food packaging), Hanna-Sherman (industrial equipment), and STI Inc. (communications equipment). He has also held executive positions in industry for the past 20 years. Mr. Cohen attended the Program for Management Development at the Harvard Business School and has an M.A. in Education from Catholic University and a B.A. in Economics from American University, both in Washington DC.

"It's a privilege to be appointed to e2e Materials' board of directors," said Mr. Cohen. "Not only is the company pioneering some of the most exciting advancements in environmentally-friendly biocomposite materials, it is quickly establishing strategic partnerships and key customer relationships with Fortune 100 companies committed to adopting green and sustainable products. It's inspiring to be affiliated with such a forward-thinking company with global market demand."

e2e Materials' proprietary biocomposites--featuring 28 pending patents--are made from plentiful feedstock that include soy flour and natural grass fiber such as jute, flax and kenaf. e2e's many advantages include up to an 81 percent reduction in energy consumption in the production of its biocomposites that also eliminate the use of formaldehyde or any toxic chemicals. The biocomposites are stronger, lighter, safer and cheaper than formaldehyde-laden wood-based products. Using these biocomposite materials enables e2e to manufacture lighter products that maintain the tensile strength and durability approaching some steel products and have been extensively tested and validated to multiple industry standards. In addition, the company employs a unique 3-D forming capability that eliminates costly manufacturing processing steps and associated waste.

About e2e Materials

e2e Materials, based in Ithaca, N.Y., develops, designs, engineers and produces proprietary biocomposites for the furniture, cabinetry and other markets. e2e's proprietary composites are made from soy flour and natural grass fiber such as jute, flax and kenaf. Products made from e2e's biocomposite are stronger, lighter, safer and cheaper than those made from formaldehyde-laden wood composites. Additionally, e2e uses only a small fraction of the energy required for wood composites, saving billions of pounds of CO2. www.e2ematerials.com

The e2e Materials Logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12175

Databank Appoints Chuck Bauer as CEO
By COO Forum Administrator
2012-05-03

Effective Friday April 28th, DataBank IMX announces that Chuck Bauer will be its new CEO.

Beltsville, MD (PRWEB) May 03, 2012

Effective Friday April 28th, DataBank IMX a leader in Electronic Content Management (ECM) and one of the fastest growing companies in its field, announces that Chuck Bauer will be its new CEO; Bauer replaces Fred Zaeske who is resigning to explore other business opportunities.

The DataBank Board of Directors named current COO, Chuck Bauer, as Chief Executive Officer. DataBank, under Bauer and its experienced management team, will continue to expand its ECM Systems Solutions and BPO/Imaging Services business through organic growth and acquisitions. A leader in delivering elegant document management solutions, the Company serves hundreds of satisfied clients throughout the United States.

Bauer co-founded DataBank in 2005 with partner and current DataBank Director, Dick Aschman. His leadership has helped build DataBank by developing a network of state-of-the-art production centers, and by forging technology partnerships to serve an expanding list of valued clients nationally. Bauer said, “It is my distinct privilege to serve in this capacity at the Company that I dearly love. The opportunity to continue working alongside and lead the great team we have built over the past seven years is tremendous.”

DataBank (http://www.databankimx.com), remaining true to its core values of Customer Satisfaction, Committed People and Profitable Growth, provides leadership in the ECM industry delivering superior solutions to clients in Higher Education, General Administration (AP/HR), Energy, Healthcare and State & Local Government markets.

Nick Stanage Elevated to Chief Operating Officer of Hexcel Corporation
By COO Forum Administrator
2012-05-04

STAMFORD, Conn., May 03, 2012 (BUSINESS WIRE) -- Hexcel Corporation HXL -1.84% FR:HXL +0.06% today announced that, effective May 3, 2012, Mr. Nick L. Stanage is appointed Chief Operating Officer, in addition to his serving as President of Hexcel.

Mr. Stanage, 53, has served as President of Hexcel since November, 2009. He joined Hexcel after serving as President of the Heavy Vehicle Products business of Dana Holding Corporation, a position he held since December 2005. Mr. Stanage was VP and GM of the Commercial Vehicle Group at Dana from August 2005 to December 2005. From 1986 to August 2005, Mr. Stanage held positions of increasing responsibility in engineering, operations, and marketing with Honeywell Inc. (formerly AlliedSignal Inc.), including VP Integrated Supply Chain & Technology for the Consumer Products Group and finally VP and GM of the Aerospace Group's Engine Systems & Accessories Division. Mr. Stanage earned his MBA from Notre Dame, and a Bachelor of Science in Mechanical Engineering from Western Michigan University.

Mr. David E. Berges, Hexcel's Chairman & CEO said "we are pleased to recognize Nick for his leadership and contribution to our record performance."

*****

Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.

SOURCE: Hexcel Corporation
       
        Hexcel Corporation
        Michael Bacal, 203-352-6826
        michael.bacal@hexcel.com

Italy's Exor hires former Goldman banker as COO
By COO Forum Administrator
2012-05-04

May 4 (Reuters) - The Agnelli family's investment company Exor, which controls carmaker Fiat-Chrysler , named a former Goldman Sachs banker as its new chief operating officer on Friday as it pushes ahead with plans to overhaul its 6.8 billion-euro ($8.9 billion) investment portfolio.

The company said it has appointed Shahriar Tadjbakhsh as chief operating officer, to take charge of its efforts to streamline its investment portfolio and concentrate on companies with a global reach.

Tadjbakhsh will work with Exor's chief executive and chairman John Elkann, heir to the Agnelli family's automotive holdings.

Exor's focus on international development is also reflected in a move to propose Jay Y. Lee, Samsung Electronics' chief operating officer and president, and Mina Gerowin, a partner at Paulson Europe LLP, to its board as independent directors.

Tadjbakhsh joins Exor, based in Turin, from Goldman Sachs in Japan, where he was chief operating officer for investment banking. Prior to his posting in Japan, he worked with Goldman in New York from 1996, before moving to Paris.

A U.S. citizen of Iranian origin, Tadjbahsh worked as a laywer at Cleary, Gottlieb, Steen & Hamilton in New York and Paris prior to joining Goldman Sachs.

Exor holds 30.4 percent of capital goods group Fiat Industrial, 15 percent of certification company SGS , 30.5 percent of carmaker Fiat (which controls Chrysler) and 69.5 percent of Cushman & Wakefield, a real estate company.

Zynga's chief operating officer plays it safe
By COO Forum Administrator
2012-05-04

John Schappert, who took over day-to-day operations at the social gaming company a year ago, has a reputation as a methodical, dogged and disciplined executive. That's what the firm's founder knew the fast-growing start-up needed.

As a hurricane barreled toward the Florida Keys, John Schappert, the chief operating officer of Zynga Inc., was on a charter boat to catch lobsters with half a dozen friends.

When the winds kicked up and large waves tossed the small craft about, several passengers felt too seasick to dive. But Schappert insisted on diving until he caught close to a dozen lobsters before he was willing to call it a day.

"Most of us were begging to get back to shore," recalled Steve Chiang, a close friend who was on the boat that day in July. "But not John. He didn't want to give up."

Over his 20-year career in the games business, Schappert, 41, has cultivated a reputation as a methodical, dogged and disciplined executive who gets the job done. These days, that's exactly what Zynga, a San Francisco social gaming company with topsy-turvy growth and a young start-up vibe, desperately wanted when it hired Schappert a year ago to oversee day-to-day operations.

Zynga — which developed FarmVille, Words With Friends and other social games and had revenue of $1.1 billion last year — had come under criticism as its once-stratospheric audience growth seemed to slow. In addition, its round-the-clock, hard-charging culture, typical of many Silicon Valley start-ups, led to concerns that key executives would bolt once their lucrative stock options vested. Already this year, Zynga has lost its director of product, a senior game designer and its advertising director.

"It's hard to argue with Zynga's success today," said Doug Creutz, an analyst with Cowen & Co. "Their aggressive culture has allowed them to run over the competition. While that's worked well in the past, I'm not sure it will serve them as well going forward."

For 5-year-old Zynga, the growth has been swift. The number of people who played its social games at least once a month nearly doubled from 86 million in December 2009 to 151 million today. Its staff shot up from 576 employees at the end of 2009 to more than 2,840 at the end of last year. More than half of its employees had been with the company less than a year.

"We had this explosive growth," Mark Pincus, Zynga's founder and chief executive, recalled of the period before he hired Schappert in May 2011 to take on the daily oversight. "I had never managed a company at this scale before, and I found myself doing my CEO job at night after I finished the hiring, production and other tasks of running the company."

Schappert, who was chief operating officer at Electronic Arts Inc. before he came to Zynga, fit the bill. In 1994, he co-founded Tiburon, a game studio in Florida that developed EA's Madden NFL games. EA ended up buying Tiburon in 1998 for an undisclosed amount. In 2002, Schappert became general manager of EA's studio in Canada, growing it from a couple of hundred employees to more than 2,000.

"That was probably the golden era for Schappert's growth as a manager," said Don Mattrick, his supervisor at the time at EA and now the president of Microsoft Corp.'s interactive entertainment business. In 2007, Mattrick recruited Schappert to head up Microsoft's Xbox Live business. Mattrick credits Schappert with putting in place the strategy that helped Xbox Live grow from 4 million users to more than 40 million today.

In 2009, Schappert moved his family back to California to return to EA. During that time, he twice turned down job offers from Zynga.

But Pincus, convinced that Schappert was the right man to help his company grow, persisted. The entrepreneur wanted Schappert so badly that he persuaded Zynga's board to give him a compensation package worth more than $53 million over three years.

What changed Schappert's mind wasn't so much the money, he said. It was CityVille, a city-building social game developed by Zynga and played on social sites such as Facebook. While still at EA, he found himself playing the game obsessively.

"I realized that CityVille was where the industry was headed," Schappert said, "that this was the future of gaming."

Schappert is largely unknown outside the gaming business. The former games programmer who dropped out of Florida International University to take his first job developing games is more often than not the guy behind the scenes making sure the operation is running smoothly.

"He's been underestimated for much of his career," said Bing Gordon, who worked with Schappert at EA and who, as a partner at venture capital firm Kleiner Perkins Caufield & Byers, invested in Zynga. "He's a master at organizational building. But he's not very self-promotional. Never has been."

At Zynga, Schappert was one of a few top-level executives who made presentations to potential investors before Zynga's initial public offering in December. He also helped launch Zynga.com, a platform outside Facebook that is viewed as key to reducing its dependence on the social network, where the company derives the bulk of its players and its revenue.

Since going public at $10 a share, followed by a $12-a-share secondary offering April 3, Zynga's stock has languished below $10 as investors remain concerned about the company's ability to keep growing and reduce its reliance on Facebook. Last week, it posted a 32% uptick in sales for its first quarter, which ended March 31, to $321 million but an $85.4-million loss resulting from stock-based compensation.

Colleagues jokingly call Schappert "the old man," because "he likes things just so," said Chiang, who co-founded Tiburon with Schappert and who is now Zynga's president of studios.

"I like fish, and I like games," Schappert said, chuckling, when told of his button-down reputation. "I'm very simple."

Aside from a mischievous habit of giving colleagues nicknames (he calls Chiang "orangu-Chiang" and Zynga's CEO "Markus Pincus") and then shouting them at the top of his lungs when he sees them, Schappert is not flamboyant. Unlike some of his well-heeled Silicon Valley contemporaries, he has no lavish art collections or exotic hobbies other than scuba diving (he studied oceanography in community college and wanted to become a marine biologist).

His personal background is about as adventurous as that of Ozzie and Harriet Nelson, the stars of a TV show in the 1950s and '60s about an ideal American family. Schappert married his high school sweetheart, and they live in Menlo Park, Calif., with their 8-year-old son.

His upbringing was modest. Schappert's father was a salesman at a company in Miami that sold pipes, and his mother worked as a bank teller. Going to a private college was "out of the Schappert range," he said, so he opted instead for an associate's degree from Miami Dade College before heading off to California in 1991 for his first job as a game developer for Visual Concepts.

"I had spent my whole career in games," Schappert said. "But I don't want to end up being the guy who says, 'Back in the good old days....' I like to be right at the tip of the spear. And for social and mobile games, we're just in the early days."

 


"I'm very simple," says Zynga Chief Operating Officer
John Schappert, who has overseen the social game company's
day-to-day operations for the last year.
(Jeff Chiu, Associated Press / October 11, 2011)

Percussion Software Names Veteran Technology Finance Executive Mark Somol ...
By COO Forum Administrator
2012-05-04

Percussion Software Names Veteran Technology Finance Executive Mark Somol Chief Financial Officer

WOBURN, MA, May 03, 2012 (MARKETWIRE via COMTEX) -- Percussion Software, a leading provider of web content management and content marketing software, today announced it has named Mark Somol as Chief Financial Officer. Somol will lead all finance, accounting, and corporate development strategy for the company as it witnesses significant growth and demand for its Percussion CM1 web content management product, the only offering to deliver full WCM functionality in an easy to use, downloadable app.

"Mark brings nearly 20 years of experience as a finance executive and venture capitalist to Percussion Software, and he has a proven track record in building and guiding technology companies at every stage of their growth," said Deidre Diamond, president and chief operating officer. "Over the past several quarters we have seen substantial growth as our product approach to WCM has taken hold in the market. We expect that momentum to continue and accelerate under Mark's financial leadership as we grow the company."

Before joining Percussion Software, Somol served as CFO and COO at Mzinga, widely recognized as a market leader and innovator in social software and analytics. During his tenure, Somol helped the company grow in strategic areas, launch a new analytics strategy and product, raise venture capital, and put in place an infrastructure to scale the business.

Prior to Mzinga, Somol spent seven years with NeoCarta Ventures, a $300 million venture capital fund, where as Principal he worked closely with the CEOs of portfolio companies on business strategy, raising capital, M&A transactions, and operations. Additionally, Somol Co-founded Highgate Ventures, a $75 million venture capital fund that invests in software and information technology companies, and held investing and operating roles at GE Capital and Oracle. Somol holds a bachelor's degree in quantitative economics from Stanford University and received an MBA with Distinction from the Wharton School of the University of Pennsylvania.

"Businesses desperately need a web content management product that allows them to easily keep pace with all that the social web throws their way," said Somol. "I'm convinced Percussion has the answer. Our team is turning this category on its head and delivering what marketers need -- an affordable, highly flexible, easy-to-use product that empowers them to move more content online faster and more efficiently than ever before. I'm excited to be a part of this story and look forward to helping guide the company through its rapid growth trajectory."

About Percussion Software Percussion Software's products enable you to take control over your web content management and content marketing strategies to increase traffic, drive revenue, improve engagement, and create compelling online customer experiences. Delivered in a highly usable and affordable product package, hundreds of leading companies, education institutions, and government agencies are using Percussion to lower the costs of their content strategies and gain the flexibility to address "What's Next" on the web. Leading customers include vegas.com, weather.com, AutoTrader.com, Rentokil, Watchguard Technologies, Lancaster Bible College, Sunoco, The Commonwealth of Massachusetts, the City of Corpus Christi, Saba Software, the U.S. General Services Administration, and the U.S. Department of Health & Human Services. To learn more, visit www.percussion.com.
       
        Media Contact:
        Colleen Irish
        For Percussion Software
        617-842-1511

United Rentals Appoints Matthew J. Flannery as Chief Operating Officer
By COO Forum Administrator
2012-05-04

GREENWICH, Conn., May 03, 2012 (BUSINESS WIRE) -- United Rentals, Inc. URI -3.52% today announced the appointment of Matt Flannery as executive vice president and chief operating officer, effective with the closing of the company's merger with RSC Holdings Inc. announced on April 30, 2012. He previously served as executive vice president -- operations and sales, and leads the RSC integration process.

Mr. Flannery brings more than two decades of industry experience to his new position, including seven years with McClinch Equipment Corp., an acquisition of United Rentals in 1998. From 1998 to 2008, he held management positions with United Rentals at the branch, district, regional and national levels, including senior vice president -- operations.

Michael Kneeland, chief executive officer of United Rentals, said, "Matt understands every nuance of our business, as well as our customers and markets. Over the past four years, he has helped drive our strategy and guide our operations through the economic downturn. Most recently, he has been instrumental in preparing for our landmark combination with RSC, and will continue to play a key role in that transition. We are delighted to welcome him to his expanded role on our leadership team."

About United Rentals

United Rentals, Inc. URI -3.52% is the largest equipment rental company in the world, with an integrated network of more than 970 rental locations in 48 states and 10 Canadian provinces. The company's 12,000 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers for rent approximately 3,900 classes of equipment with a total original cost of $7.0 billion. United Rentals is a member of the Standard & Poor's MidCap 400 Index and the Russell 2000 Index(R) and is headquartered in Greenwich, Conn. Additional information about United Rentals is available at www.unitedrentals.com .

SOURCE: United Rentals, Inc.
       
        United Rentals, Inc.
        Fred Bratman, 203-618-7318
        Cell: 917-847-4507
        fbratman@ur.com

Airgas Founder to Step Aside as CEO to Focus on M&A
By COO Forum Administrator
2012-05-04

Airgas Inc. (ARG) (ARG) founder Peter McCausland, who built the company into the largest U.S. distributor of industrial gases through almost 450 acquisitions, will be replaced as chief executive officer by Michael L. Molinini.

McCausland, 62, will remain chairman, Radnor, Pennsylvania- based Airgas said today in a statement. The change will take effect at the company’s annual meeting in mid-August. Molinini, 61, the chief operating officer, was named a director effective immediately. McCausland said he will focus on strategy and acquisitions.

“I’m pretty intense so it’s hard for me to keep the CEO title and not have my fingers in everything,” McCausland said today in a telephone interview. “This is my chance to dial it back a little bit and focus on the areas where I think I can bring more to the party.”

McCausland’s announcement comes almost 15 months after he fended off a $5.9 billion hostile takeover bid from Air Products & Chemicals Inc. (APD) (APD), which had pursued Airgas for more than a year. McCausland maintained that the offer, which Air Products eventually raised to $70 a share, undervalued the company he founded in 1982.

Airgas rose (ARG) 0.9 percent to $92.04 at the close in New York.
‘Few Changes’

The departing CEO is the company’s largest shareholder (ARG) with a 13 percent stake, according to data compiled by Bloomberg. McCausland said the succession has been in the works for five years and that he’s looking forward to being able to make trips that last for weeks at a time after Molinini takes over the day- to-day running of the business.

Molinini has been COO since 2005. He joined Airgas in 1997 from National Welders Supply Co., an Airgas joint venture, and has a bachelor of science in chemistry from Seton Hall University in South Orange, New Jersey. Molinini said he and McCausland have similar ways of thinking and they jointly built the current leadership team.

“You can expect very few changes,” Molinini said in the same interview. “It’s all about continuing to stay the course and keep the culture we have and execute on our strategy.”

McCausland said he expects the pace of acquisitions to increase now that the Air Products fight is over and the U.S. economy is improving. Half of the $13 billion U.S. packaged-gas market is still owned by independent companies, he said.

“There may be some bigger things than the independent distributors that I can work on” for acquisitions, McCausland said. “I think we are behind in acquisitions because of Air Products and the recession.”
Founded in 1982

McCausland founded Airgas when he was a 31-year-old corporate lawyer assessing potential acquisitions for the U.S. unit of German industrial-gas company Messer Group GmbH. He recommended it buy Connecticut Oxygen. Instead, Messer decided to exit the U.S. market, so McCausland founded a law practice, McCausland, Keen & Buckman, and raised $5.3 million to buy Connecticut Oxygen in 1982.

That company became the foundation of Airgas, which McCausland took public in 1987. He bought hundreds of smaller competitors and, in the past decade, bought units (ARG) of larger rivals, including Air Products and Germany’s Linde AG (LIN), on the way to becoming the largest U.S. packaged-gas distributor with about 30 percent of the market.

Lightwave Logic Chairman Tom Zelibor Appointed New Chief Executive Officer
By COO Forum Administrator
2012-05-04

Jim Marcelli to Serve as President and Chief Operating Officer

NEWARK, Del., May 2, 2012 -- /PRNewswire/ -- Lightwave Logic, Inc. (OTC Bulletin Board: LWLG), a technology company focused on the development of a Next Generation Non Linear Optical Polymer Materials Platform for applications in high speed fiber-optic data communications and optical computing, announced today that its Board of Directors appointed its current Non-Executive Chairman of the Board of Directors, Thomas E. Zelibor, Rear Admiral, USN (Ret), as its new Chief Executive Officer and Executive Chairman of the Board of Directors effective May 1, 2012.  Former Chief Executive Jim Marcelli will continue to serve as the company's President and assume the new role of Chief Operating Officer.

Mr. Zelibor has served as our Non-Executive Chair of the Board of Directors since October 2011 and has been a director of our company since July 2008.  Mr. Zelibor has over twenty-five years of strategic planning and executive leadership experience. Previously, Mr. Zelibor served as the Chief Executive Officer and President of Zelibor & Associates, LLC, a management consulting firm, and as the Chief Executive Officer and President of Flatirons Solutions Corp., a professional services firm that provides consulting, systems integration, systems & software engineering, and program management expertise to corporate and government clients. Prior to that, Mr. Zelibor served as the Dean of the College of Operational and Strategic Leadership at the United States Naval War College where he was responsible for the adoption of a corporate approach to leadership development, in addition to a number of other positions, including Director of Global Operations, United States Strategic Command; Director, Space, Information Warfare, Command and Control on the Navy staff; Department of the Navy, Deputy Chief Information Officer (CIO), Navy; Commander, Carrier Group Three and Commander, Naval Space Command.

Independent board member, William Pickett, commented, "The Board is pleased to have Tom assume the role of Chief Executive Officer of our company.  As our company continues to grow and evolve, we believe that the appointment of Tom as CEO, along with Jim Marcelli continuing on as President and Chief Operating Officer, plays to their individual strengths. By expanding our company's leadership, we are positioned to provide greater management focus on both external communications and operating intensity."

Tom Zelibor stated, "I am excited to have the opportunity to directly and more proactively influence the direction of our company.  I am in the process of reviewing the status of our materials progress, shareholder and customer relationships, as well as personnel, infrastructure and future cash requirements.  Once this is complete, I will issue an update letter to the shareholders to discuss my findings and intended actions.  I look forward to helping Lightwave Logic move forward and achieve success."

"Powered by Lightwave Logic" Lightwave Logic, Inc. is a development stage company that is producing prototype electro-optic demonstration devices and is moving toward commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. For more information, please visit the Company's website, www.lightwavelogic.com or at:  http://facebook.com/lightwavelogic.

Safe Harbor Statement The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

ONE Names Luis Guardia as COO and Tom Hart as U.S. Executive ...
By COO Forum Administrator
2012-05-04

ONE Names Luis Guardia as COO and Tom Hart as U.S. Executive Director

Washington, D.C. - ONE, the global anti-poverty advocacy group, announced two key leadership positions today, naming Luis Guardia as Chief Operating Officer and Tom Hart as the new U.S. Executive Director.

Guardia comes to ONE from the International Center for Research on Women where he most recently served as the Vice President of Operations, CFO and Treasurer. In this capacity, he led strategic planning efforts and operations driving ICRW’s mission to empower women, advance gender equality and fight poverty in the developing world. Prior to joining ICRW in 2005, he held senior positions in finance and operations at National Public Radio, the Corporation for Public Broadcasting and the American Architectural Foundation. While in public broadcasting, he worked to increase service to underrepresented audiences by making new digital broadcast technologies more accessible. He currently serves on the U.S. boards of ActionAid and the Society of International Development's Washington, D.C. Chapter. He is also active in increasing access to healthcare for underserved communities as current board member of Mary's Center in Washington, D.C.

Hart was one of the key founding team members at DATA (Debt, AIDS, Trade, Africa), and since the merger of ONE and DATA in 2007 has been ONE's Senior Director of U.S. Government Relations. In this role, he devised and executed ONE’s government relations strategy for the U.S., contributing to unprecedented increases in development assistance by the United States for HIV/AIDS, malaria, and Tuberculosis, the Millennium Challenge Corporation, and debt cancellation. Before DATA/ONE, Hart was the Director of Government Relations for the Episcopal Church, USA, and a Senate staffer.

“We are delighted to welcome Luis to ONE, as we know he’ll be an invaluable addition to our leadership team and a great asset in our efforts to advocate for the world’s poorest people,” said Michael Elliott, President and CEO of ONE. “We’re also thrilled to have Tom at the helm of ONE’s U.S. operations. He has been an integral part of this organization from the very beginning and he brings unparalleled experience, passion and commitment to his new role as U.S. Executive Director.”

ONE is a global advocacy and campaigning organization backed by more than 3 million people from around the world dedicated to fighting extreme poverty and preventable disease, particularly in Africa. For more information, please visit ONE.org.

Hexcel Appoints Nick Stanage As COO
By COO Forum Administrator
2012-05-04

Hexcel Corp. (HXL) announced Thursday appointment of Nick Stanage as its Chief Operating Officer, effective May 3, 2012, in addition to his serving as President of Hexcel.

Stanage joins Hexcel from Dana corp., where he served as Vice President and General Manager of the Commercial Vehicle Group and later President of the Heavy Vehicle Products business. Prior to Dana, he held various positions at Honeywell Inc., including VP for the Consumer Products Group and later VP and GM of the Aerospace Group's Engine Systems & Accessories Division.

Soraa appoints both COO and VP of global sales to drive production, sales and ...
By COO Forum Administrator
2012-05-04

Soraa appoints both COO and VP of global sales to drive production, sales and distribution

Soraa Inc of Fremont, CA, USA, which is developing solid-state lighting technology built on ‘GaN on GaN’ (gallium nitride on gallium nitride) substrates, has added two executives to its leadership team: chief operating officer (COO) Dr Tom Caulfield and VP of global sales Ray Letasi.

Caulfield has held executive positions in publicly traded and private companies, including serving as COO of Ausra Inc, where he led a repositioning of the firm that ultimately led to a strategic partner acquisition. Previously, he was executive VP of sales, marketing & customer satisfaction at Novellus Systems Inc, where he oversaw worldwide field operations for over 1200 individuals. Caulfield also has extensive semiconductor industry experience, having served, over his 17 year tenure, as VP of semiconductor operations at IBM.

“Tom will play an integral role in expanding Soraa’s ability to meet the growing market demand for high-performance LED lighting,” says CEO Eric Kim. “With his distinguished track record of senior executive leadership and his unique experience with semiconductor technology and manufacturing - spanning production, manufacturing, equipment engineering and technology and product development - Tom will be key to Soraa’s execution plans in this sector,” he adds.

Letasi is former president & COO of global solid-state lighting solutions firm EcoSense Lighting. He was formerly VP of international sales for Color Kinetics (now Philips Solid-State Lighting Solutions) and, during 10 years there, held several sales management and business development positions, spearheading the firm’s Japanese joint venture partnership as well as launching sales, marketing and distribution programs throughout Europe, Asia Pacific, Japan and the Middle East. Letasi has nearly 15 years of global business experience in the semiconductor, LED and lighting industries.

“Ray’s extensive experience in the lighting industry gives Soraa a major advantage in navigating a rapidly changing industry landscape,” says CEO Eric Kim. “His veteran perspective on the global industry will help build Soraa’s reach internationally.”

Soraa made its public debut in February when it launched its flagship family of GaN-on-GaN based LED MR16 lamps. The firm’s proprietary GaN-on-GaN technology foundation enables it to produce LEDs that produce light sources which are claimed to be much brighter than conventional LEDs, and which allow it to develop lighting products with superior performance and simple, elegant design.

Petroleum refiner Valero appoints chief operating officer
By COO Forum Administrator
2012-05-04

Valero Energy Corp. has promoted Joe Gorder to executive vice president and chief operating officer of the company.

Previously, he had been executive vice president and chief commercial officer at Valero. In addition to leading Valero’s commercial operations, which include marketing, supply and transportation, Gorder also will be responsible for refining operations. Lane Riggs, senior vice president of refining operations, will report to Gorder.

San Antonio-based Valero (NYSE: VLO) owns and operates 16 petroleum refineries, 10 ethanol plants and a 50-megawatt wind farm. The company also operates a network of 6,800 retail and wholesale outlets that carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.

J. C. Penney Appoints Ken Hannah As CFO - Quick Facts
By COO Forum Administrator
2012-05-04

J. C. Penney Company Inc. (JCP) announced that it has appointed Ken Hannah as its chief financial officer effective May 7. The company noted that Hannah will be a member of its executive team and will report to Chief Operating Officer Mike Kramer.

The company said that Hannah brings over 20 years of finance, operations and audit experience from a wide range of leading companies that include General Electric, Boeing and The Home Depot.

Hannah, 43, has spent the last six years at MEMC Electronic Materials, where he served as president of solar energy. Before his current position, he was chief financial officer of MEMC. Previously, he served in positions of increasing responsibility at The Home Depot, including senior vice president of finance.

Prior to that, Hannah held the positions of vice president of corporate audit staff and vice president of financial planning and analysis at The Boeing Company. He also worked in a variety of finance positions with General Electric Company and at McDonnell Douglas Corporation.

Ryder President & COO To Address Wells Fargo Securities Industrial And ...
By COO Forum Administrator
2012-05-04

Ryder President & COO To Address Wells Fargo Securities Industrial And Construction Conference

Ryder System, Inc. (NYSE: R) President and Chief Operating Officer Robert Sanchez will present a Company update at the 2012 Wells Fargo Securities Industrial and Construction Conference.

Who:
          Ryder System, Inc. President and COO Robert Sanchez
 

What:
        Wells Fargo Securities Industrial and Construction Conference
 

Where:
        New York Palace Hotel
 

When:
        Thursday, May 10, 2012
 

Time:
        8:30 a.m. – 9:05 a.m. Eastern Time
 

Webcast:
       

To access the live webcast, please visit http://investors.ryder.com

About Ryder

Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as a top third party logistics provider and included Ryder in its 2011 and 2010 “Green Partners” listing. Ryder has also been ranked two years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, and Twitter.

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Apache Executive: Optimistic About Company's Future In Egypt
By COO Forum Administrator
2012-05-04

HOUSTON -(Dow Jones)- Apache Corp. (APA) said Thursday it has a positive outlook for its operations in Egypt despite the ongoing political struggles in the Arab country.

"Our operation has continued [uninterrupted] and supported by government partners as evidenced by the issuance of new...leases," Apache President and Chief Operating Officer Rodney Eichler told analysts in a conference call. "We are optimistic ...

Kent Statler, Executive Vice President And Chief Operating Officer (Photo ...
By COO Forum Administrator
2012-05-04

Kent Statler, Executive Vice President And Chief Operating Officer (Photo: Rockwell Collins)

Kent Statler, executive vice president and chief operating officer, Commercial Systems for Rockwell Collins, will address the RBC Capital Markets’ 2012 Aerospace & Defense Investor Day in New York on May 17, 2012 at 12:40 p.m. Eastern Time.

A live audio webcast and subsequent replay of Statler’s comments will be available on the company’s web site at www.rockwellcollins.com. Listeners of the live transmission are encouraged to go to the Investor Relations section of the web site at least 15 minutes prior to the presentation to download and install any necessary software.

Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 20,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.

OSI Restaurant Partners, LLC Announces Appointment of David Deno as Chief ...
By COO Forum Administrator
2012-05-04

OSI Restaurant Partners, LLC Announces Appointment of David Deno as Chief Financial Officer

Dirk Montgomery Assumes New Role of Chief Value Chain Officer


TAMPA, Fla., May 04, 2012 (BUSINESS WIRE) -- OSI Restaurant Partners, LLC (OSI) today announced the appointment of David Deno as Executive Vice President and Chief Financial Officer. Deno will be responsible for all areas of financial reporting as well as business analytics and strategy. His appointment is effective May 7, 2012. Deno will also serve as Executive Vice President and Chief Financial Officer of OSI's parent company, Bloomin' Brands, Inc. As previously announced, the company's current Chief Financial Officer, Dirk Montgomery, will assume the new role of Chief Value Chain officer following a short period of on-boarding to facilitate a smooth transition.

"David is a seasoned global executive with extensive finance, operations and business development experience and will be an excellent addition to the Executive Leadership Team," said Liz Smith, Chairman and Chief Executive Officer, OSI. "We're committed to expanding our world class team to accelerate our long-term growth strategy. David's background and experience will be invaluable in that process, while we also maintain continuity as Dirk transitions to the new role of Chief Value Chain Officer."

"I have spent my career in the retail and restaurant businesses. I have also been fortunate to be able to work on businesses throughout the United States and the world," said Deno. "I'm looking forward to joining one of the largest casual dining restaurant companies in the world and building upon the Company's positive momentum."

Deno brings over 20 years of leadership in corporate finance, with almost 30 years in the hospitality industry. He joins OSI from Best Buy where, since 2009, he has served as President of Asia and CFO of the International Division. Before joining Best Buy, he worked with two private equity firms focusing on investments in the consumer products, restaurant, and retail space. Prior to his time in private equity, Deno spent 15 years with PepsiCo and its restaurant spin-off YUM Brands, serving in positions of increasing responsibility including Chief Financial Officer of Pizza Hut, Chief Financial Officer of YUM Restaurants International, Chief Financial Officer of YUM Brands and finally Chief Operating Officer of YUM Brands.

Prior to joining PepsiCo and YUM, Deno spent nine years with The Pillsbury Company primarily in its restaurant division, where he held positions in finance, real estate and operations. Deno is on the board of Peet's Coffee & Tea as well as Brinker International. He will resign from the Brinker International board as he begins his new role with OSI.

Deno holds a BA from Macalester College and an MBA from the University of Michigan. He has been a Macalester trustee since 1998 and is currently Chair of the Board of Trustees.

In January, Smith announced Montgomery's new role of Chief Value Chain Officer, responsible for identifying new ways to integrate the Company's Productivity, Global Supply Chain and IT organizations to help improve productivity and efficiency. He has led each of these teams in the past. "Dirk has been filling a dual role in two key positions for several months," said Smith. "We thank him for his strong leadership as CFO and look forward to him getting started in his important new role as Chief Value Chain Officer."

About OSI Restaurant Partners, LLC

OSI is a portfolio of brands comprised of Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, Fleming's Prime Steakhouse & Wine Bar and Roy's with more than 1,400 restaurants in 49 states and 21 countries and territories internationally.

SOURCE: OSI Restaurant Partners, LLC

       
        Investors: Mark Seymour, (813) 830-5362
        markseymour@outback.com
        or
        Media: Cathie Koch, (813) 830-5127
        cathiekoch@outback.com.

J. C. Penney Company, Inc. Names Ken Hannah Chief Financial Officer
By COO Forum Administrator
2012-05-04

PLANO, Texas, May 3, 2012 -- /PRNewswire/ -- J. C. Penney Company, Inc. (NYSE: JCP) today announced that Ken Hannah has been named chief financial officer effective May 7. Hannah brings over 20 years of finance, operations and audit experience from a wide range of leading companies that include General Electric, Boeing and The Home Depot. Hannah will be a member of the Company's executive team and will report to Chief Operating Officer Mike Kramer.

(Logo: http://photos.prnewswire.com/prnh/20110222/DA51975LOGO)

CEO Ron Johnson said, "Ken brings a broad knowledge of finance, controls and operations to the CFO role. In addition, his experience with top companies known for financial and operational excellence will be instrumental in helping jcpenney as we transition to become America's favorite store. We're pleased to welcome Ken to the jcpenney team."

Hannah said, "I've followed the outstanding changes that have taken place at jcpenney thus far, and I'm excited to now be part of this remarkable revolution in retail. I look forward to working collaboratively with the rest of the jcpenney team to provide financial leadership and deliver the Company's financial results."

Hannah, 43, has spent the last six years at MEMC Electronic Materials, where he served as president of solar energy, responsible for improving process discipline, simplifying the organization and reducing cost to drive growth in the company's solar business. Before his current position, he was chief financial officer of MEMC, where he was responsible for the leadership of all finance-related functions. Previously, he served in positions of increasing responsibility at The Home Depot, including senior vice president of finance, providing leadership in store operations and supply chain for the $70 billion home improvement retailer. Prior to that, Hannah held the positions of vice president of corporate audit staff and vice president of financial planning and analysis at The Boeing Company. He also worked in a variety of finance positions with General Electric Company and at McDonnell Douglas Corporation.

about jcpenney Over 110 years ago, James Cash Penney founded his company on the principle of treating customers the way he wanted to be treated himself: fair and square. Today, rooted in its rich heritage, J. C. Penney Company, Inc. (NYSE: JCP) is re-imagining every aspect of its business in order to reclaim its birthright and become America¹s favorite store. The Company is transforming the way it does business and remaking the customer experience across its 1,100 jcpenney stores and on jcp.com. On every visit, customers will discover straightforward Fair and Square pricing, month-long promotions that are in sync with the rhythm of their lives, exceptionally curated merchandise, artful presentation, and unmatched customer service. For more information about jcpenney, visit jcp.com.

Valero Names Gorder as COO
By COO Forum Administrator
2012-05-04

Responsible for refining, marketing, supply

SAN ANTONIO -- Valero Energy Corp. has announced that Joe Gorder, executive vice president and chief commercial officer, has been named executive vice president and chief operating officer by the company's board of directors.

In addition to the company's commercial operations--which include marketing, supply and transportation--Gorder will also be responsible for refining operations. Accordingly, Lane Riggs, senior vice president of refining operations, will report to Gorder.

Valero Energy just reported a loss from continuing operations of $432 million for first-quarter 2012, compared to income from continuing operations of $104 million for first-quarter 2011.

The first-quarter 2012 operating loss was $244 million versus $244 million of operating income in first-quarter 2011.

Partially offsetting the decrease in operating income were higher margins for gasoline and diesel.

Valero Energy's retail segment reported $40 million of operating income for first-quarter 2012 versus $66 million of operating income for first-quarter 2011. The decrease in operating income was mainly due to lower fuel margins in both U.S. and Canadian operations.

U.S. retail fuel volumes achieved a first-quarter record at 5,046 gallons per day per site compared to 4,895 gallons per day per site in first-quarter 2011, contrary to U.S. national demand numbers.

San Antonio-based Valero Energy, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero Energy's assets include 16 petroleum refineries, 10 ethanol plants and a wind farm. Approximately 6,800 retail and branded wholesale outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.

Joe Gorder

American National COO steps down
By COO Forum Administrator
2012-05-04

GALVESTON — G. Richard Ferdinandtsen, who, as president and chief operating officer, led American National Insurance Co. through a severe national economic downtown, a catastrophic hurricane and the move of hundreds of island employees to the mainland, stepped down Tuesday.

He is succeeded by James E. Pozzi, formerly senior executive vice president and chief administrative officer.

Ferdinandtsen, 75, will continue on with the company. Last week, he was elected vice chairman of the company’s board. As advisory member of the board, he’ll provide strategic advice and guidance to all American National companies, officials said.

The announcement of executive changes followed American National’s annual shareholder and board meeting last week.

Ferdinandtsen, who began his affiliation with American National 53 years ago, said he and his wife were looking forward to slowing down. All corporations should have a succession strategy, he said.

“We, like any other corporation, have succession planning,” Ferdinandtsen said. “As I get older, I look around and everyone in line for succession was retired; I’m very happy with the change that has taken place. I love working with American National and the Moody family and will continue to do that.”

The Moody family in 1905 founded and still controls American National, which sells life insurance, annuities, health insurance, personal lines property insurance, casualty insurance and pension plan services. The company is one the island’s largest private employers.

Pozzi, who began his career with American National in 1972 as an actuarial student, said he expected a smooth transition. Pozzi, 61, doesn’t plan any shifts in strategy, he said.

“The whole key is that Richard and I have worked together long enough — basically as a team — that nothing dramatic is going to occur. We’ll continue gradually building the company and making it better than it is. We’re just moving forward,” Pozzi said.

The company’s board of director elected Pozzi executive vice president in 1996, when Pozzi launched the company’s Independent Marketing Group. Pozzi was promoted to senior executive vice president in 2004 and, since 2008, has served as senior executive vice president and chief administrative officer.

When the company marked its centennial in 2005, about 1,400 worked on the island and 800 in League City. Today, of 1,500 or so American National employees working in the county, about half are on the island and half are in League City.

American National also has offices in Springfield, Mo., Albany, N.Y., and a small presence in San Antonio.

Ferdinandtsen, who was elected president by the company’s board of directors in May 2000, understood that moving employees from the island would strike a nerve.

“I was right in the front line,” he said.

Hurricane Ike, which struck in September 2008 causing mass flooding and destruction on the island, changed the company dramatically.

“Our South Shore campus grew because of Ike,” Ferdinandtsen said.

In 2009, American National began moving 400 employees from its downtown island tower to offices in League City to avoid business disruptions from hurricanes. American National built a center in League City’s South Shore Harbour to protect the company’s vast amounts of data and its computer systems from catastrophic storms.

At the time, Ferdinandtsen was chairman of the Galveston Economic Development Partnership Corp. Business leaders voiced their concerns about the move.

“But everyone who had business knowledge and understood business had a full understanding and appreciation for it,” he said.

At the time, about 60 percent of American National employees lived off the island, he said.

American National operates 24 hours a day, seven days a week. When policyholders from around the nation file claims, American National can’t afford for its corporate offices to be shut down because of a hurricane, he said.

“If someone has entered a hospital or needs to have a death claim paid, we have to be able to do it,” he said.

In 2004, with Ferdinandtsen at the helm, American National posted $220 million in operating earnings, its highest ever, and a 37.5 percent increase from the year before.

But it wouldn’t be a story of continued increased profits. Ike struck about the same time as a severe market crash that sent the U.S. economy in a spiral from which it has yet to fully recover.

The insurer in recent years also had to cover claims from severe storms, including a monster tornado that ripped through Joplin, Mo., a year ago.

“We’ve had several years of extremely unusual storms,” he said.

But American National has come out strong, Ferdinandtsen said.

“We were strong enough during the financial crisis that we did not need a bailout or help,” he said.

Last month, American National (Nasdaq: ANAT) announced first quarter 2012 net income of $45,216,000 ($1.69 per diluted share) compared to net income of $47,528,000 ($1.78 per diluted share) for the same period in 2011. First quarter after tax operating income, which excludes after tax net realized investment gains and, which reflect profits from its main line of business, increased to $40,685,000 ($1.52 per diluted share), as compared with $33,208,000 ($1.24 per diluted share) for the same period in 2011.

Operating earnings improved primarily as a result of increased earnings in the property casualty segment, American National said.

As of March 31, American National had more than $22.7 billion in assets, a 1.1 percent increase from the end of 2011. Stockholders equity, as of March 31, was $3.7 billion, up 2.9 percent from the end of last year.

New World Appoints Chief Operating Officer
By COO Forum Administrator
2012-05-04

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 2, 2012) - New World Resource Corp. ("New World" or the "Company") (TSX VENTURE:NW)(FRANKFURT:NWU) announces the appointment of Mr. Brian McEwen P.Geo, to the position of Chief Operating Officer ("COO") of the Company effective immediately.

Mr. McEwen is a professional geologist with more than 30 years of exploration and production experience in open-pit and underground mining projects and operations. His experience includes project management, economic evaluations, resource and reserve evaluations for various precious and base metal companies worldwide, including extensive experience in Latin America. In addition to senior technical and managerial roles with various public and private companies, Mr. McEwen has served on the board of several public companies and has been involved in raising capital for project financing.

Company President and CEO, John Lando, commented: "We are excited to have Brian join New World. He brings a wealth of exploration and operations experience. His expertise will certainly be an asset as we advance our Lipeña/Bonete copper-gold project in Bolivia and explore the potential of a near-term mining operation."

In connection with the appointment of Brian McEwen to COO, the Company has granted incentive stock options to purchase 250,000 shares, exercisable at a price of $0.10 per share for a period of five years. The options were granted under and are subject to the terms and conditions of the Company's Stock Option Plan.

About New World

New World Resource Corp. is a Canadian based mining exploration company focused on building a strong, diversified project portfolio within the Americas. The Company's projects include the Lipeña/Bonete copper-gold project and the Pastos Grandes lithium brine project in Bolivia.

NEW WORLD RESOURCE CORP.

John Lando, President

This news release includes "forward-looking information", as such term is defined in applicable securities laws. The forward-looking information includes, without limitation, statements regarding the extent and timing of its exploration programs, exploration program budgets and exploration results. This forward-looking information is given as of the date of this news release. Users of forward-looking information are cautioned that actual results may vary from the forward-looking information contained herein. While the Company has based this forward-looking information on its expectations about future events as at the date that such information was prepared, the information is not a guarantee of the Company's future performance and is subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking information. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of lithium, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgments in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Known risk factors include, among others, risks relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; political and economic instability and general civil unrest in Bolivia; potential defects in title to the properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company is under no obligation to update or alter any forward-looking information except as required under applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Contact Information

    New World Resource Corp.
    John Lando
    (604) 669-2701 or Toll Free: 1-800-663-0510

    New World Resource Corp.
    Ian Mitchell
    (604) 669-2701 or Toll Free: 1-800-663-0510
    (604) 687-4670 (FAX)
    info@newworldresource.com
    www.newworldresource.com

Charter Names Former Cablevision Executive Bickham COO ...
By COO Forum Administrator
2012-05-04

Charter Communications Inc. (CHTR) (CHTR), the fourth-largest U.S. cable-television provider, named John Bickham chief operating officer, filling a job that had been open since 2010.

He joins the company from Cablevision Systems Corp. (CVC) (CVC), where he was president of cable and communications, St. Louis-based Charter said today in a statement. In December, Charter named former Cablevision COO Thomas Rutledge chief executive officer. Bickham resigned from Cablevision in November.

“We’ve worked together for many years and I’m confident in his ability to help this organization achieve its full potential,” Rutledge said in the statement.

Charter hasn’t had a chief operating officer since Mike Lovett in 2010. Lovett was promoted to CEO and ran the company until February, when Rutledge took over. Charter provides cable- TV, Internet or phone service to more than 5 million customers in 25 states.

Bickham signed a four-year contract with a base salary of $1.38 million, with annual increases as determined by Charter’s compensation committee, according to a company filing (CHTR). Before joining Cablevision in 2004, Bickham was executive vice president at Time Warner Cable Inc.

Charter rose 0.9 percent to $61.02 at the close in New York. The shares (CHTR) have gained 7.2 percent this year.

D4 Adds Chief Operating Officer to Its Growing Team - D4 eDiscovery
By COO Forum Administrator
2012-05-04

John Rubens, Industry Veteran and Experienced Operations Executive, Joins D4 Executive Team

ROCHESTER, NY – April 30, 2012 – D4, LLC, a national leader in litigation support and eDiscovery services to law firms and corporate law departments, today announced it has added John Rubens, formally of eTERA, to its executive management team in the position of Chief Operating Officer. Rubens, an experienced executive with more than 15 years of experience in operations and leadership roles with growth companies, will be based in D4’s headquarters in Rochester, New York.

“D4 is on a very aggressive growth path, with operations, offices and personnel expanding quickly,” said John Holland, CEO and founder, D4. “John’s experience and industry background will add operational excellence to our organization and provide us with guidance for our growth and ongoing success. His depth and knowledge of our industry and business model is an important asset to us as we grow.”

In his role, John is responsible for developing and deploying solutions to assist D4′s clients effectively manage their complex legal, compliance and regulatory requirements. With an extensive background in operational and process analysis, including ESI processing solutions, forensic analysis and data assessment methodologies, John brings a diverse background in legal, information technology and corporate risk management.

During his career, John has successfully managed hundreds of eDiscovery, litigation consulting, data acquisition, and legal review projects around the globe. He has extensive knowledge of large scale enterprise systems, software development processes and solutions, various operating systems and platforms, data backup and restoration software and the use of data acquisition and analysis technologies.

“I am very pleased to be a part of such a dynamic company with a broad portfolio of services that meet the needs of our customers. I look forward to contributing to its future success,” said John Rubens. “It is my goal to work with the entire organization to continue to build D4’s reputation as a well-respected and strong industry leader.”

John is a graduate of Clarkson University with a B.S. in engineering and management. He holds an M.B.A. summa cum laude from Babson College.

About D4

D4, LLC is the national leader in litigation support and eDiscovery services to law firms and corporate law departments. D4 covers the spectrum of the Electronic Discovery Reference Model (EDRM), from identification and preservation of data through forensic and targeted onsite data collection and from data analytics and defensible search methodology through hosted review and production. D4 assists attorneys in litigation response planning, strategies for negotiation of scope and meet-and-confer, computer forensics, expert testimony, cost reduction litigation support projects and in corporate law department operations. The company was founded in 1997 and has offices throughout the country. Visit www.d4discovery.com for more information.

Contact:

Martha MacPherson
Vice President of Marketing, D4
mmacpherson@d4discovery.com
585-512-3758

Kroll COO:Exploring Idea Of Rating Sovereigns In The Future
By COO Forum Administrator
2012-05-04

WASHINGTON (MNI) - Having recently invited itself to the municipal bond table, Kroll Bond Ratings is contemplating the bigger responsibility of assessing sovereign credits "in the future," President and Chief Operating Officer James Nadler told MNI.

"It is a huge responsibility to rate sovereigns," Nadler said.

However, he pointed out that "The incumbent rating agencies have been more of a lagging indicator which is of no help to investors."

That might leave some space for Kroll Bond Ratings.

So, "We are exploring the idea of rating sovereigns in the future but will not unless we are comfortable that we can add value for investors," he said.

The rating agency has boosted its efforts to expand in size, sectors covered, as well as geographically.

"Our plan is to be a full-service global rating agency," Nadler said. "So we are looking at every opportunity to expand through acquisitions."

Jules Kroll, the agency's chairman and CEO, is no stranger to such strategies.

Nadler pointed out that in his past experience at Kroll Investigations, Kroll made 26 acquisitions from the time he started the company in 1972 until 2004, when he sold his company to Marsh & McLennan.

Earlier this week, Kroll has indicated his acquisitions would be international.

Asked to specify, Nadler told MNI, "Currently, Kroll is more focused on Europe to move into over the next year but plans to expand into other locations including Asia in the near future."

But to become "full-service," the agency also needs to widen its presence across sectors.

On that front, Kroll Bond Ratings made its entrance in the municipal bond space at the end of March, with a double-A assigned to the long-term general obligation debt of the State of Connecticut, the wealthiest state in the nation.

"You will see more public finance rating over the summer," Nadler later told MNI.

Jules Kroll has also indicated he plans on rating bond insurers, a natural development when looking at the municipal bond sector, where issuers routinely relied on monolines to enhance their credit profile to borrow cheaper on the market.

That, however, was before a wave of downgrades of bond insurers during the financial crisis took away the very reason -- triple-A ratings -- monolines were used by municipal issuers.

As of now, in addition to public finance, Kroll Bond Ratings is present in Structured Finance where the big rating agencies have mostly failed as revealed by the financial crisis.

"We believe this will continue to be a fast growing market for Kroll," Nadler told MNI. "We are looking to expand into the ABS space as well and currently have methodologies available on Auto Loan ABS and Leasing Containers."

The firm has rated 11 commercial mortgage-backed securities transactions, 2 residential MBS transactions, and has 1 Public Finance rating outstanding on the State of Connecticut.

The chairman has also publicly said he plans on rating corporates this year, first focusing on financial issuers.

"One need to look no further than the financial crisis to see that new thinking is needed in terms of the analysis and rating of today's complex financial institutions," Nadler told MNI when asked to explain the decision.

Statement by Philip Ellender, President & COO, Koch Companies Public Sector ...
By COO Forum Administrator
2012-05-04

Statement by Philip Ellender, President & COO, Koch Companies Public Sector, LLC Response to T. Boone Pickens Statement Regarding Koch Industries

WICHITA, Kan., May 3, 2012 -- /PRNewswire/ -- A news item released yesterday quotes oil and natural gas investor T. Boone Pickens saying, "The biggest deterrent to an energy plan in America is Koch Industries." His reasoning? That we support market prices for natural gas.

Mr. Pickens has stated that he is standing up for the American people by lobbying Congress for the passage of the NAT GAS Act.  However, as The Atlantic reported, the NAT GAS Act is a scheme to get tax breaks from the government – in the form of another government subsidy – in order to increase the number of natural gas-powered tractor-trailers and heavy trucks on U.S. roads. What's less well-known is that Mr. Pickens is the major shareholder in BAF Technologies, self-described as "the leading provider of natural gas vehicle systems and conversions in the U.S."

Mr. Pickens is a savvy investor and we respect his experience in the energy industry. He understands the laws of supply and demand – that when demand for natural gas vehicles goes up, so will natural gas prices, and that price hike will benefit his substantial investments in natural gas markets and related businesses. If enacted, Mr. Pickens stands to benefit richly from the NAT GAS legislation at the expense of American taxpayers.

Overregulation, subsidies, and cronyism distort the marketplace and result in higher energy prices for every American. We do not believe government should be picking winners and losers in the marketplace based on the industries or products it chooses to subsidize. Government has a terrible record in doing so – both here and abroad. History shows us that the free market, driven by consumer choice, is a far better way to allocate resources.  The Center for American Progress, a partisan activist group closely aligned with President Obama to which Mr. Pickens contributed $453,250 in 2008 and 2009, has joined in Mr. Pickens' attack on Koch.  This is additional proof that Mr. Pickens' position is nothing more than cynical cronyism that is totally contrary to free-market principles.     

Members of Congress who have consistently opposed this misguided legislative cronyism should be commended. Their efforts to stop yet another subsidy from being foisted on the American taxpayer are laudable.

Abacus Announces Resignation of COO, Shares Rise 10% at Midday, Past Yr High
By COO Forum Administrator
2012-05-04

Abacus Mining & Exploration Corporation (AME.V) has announced that Andrew F. Pooler has resigned as Executive Vice President and Chief Operating Officer. He is pursuing other opportunities.

AME also announced that, following the exercise by KGHM Polska Miedz S.A. (KGHM) on April 2, 2012 of its option to acquire a further 29% interest in the Joint Venture Company, KGHM Ajax Mining Inc., increasing its ownership to 80%, it is expected that KGHM will appoint a new operator for the Ajax Project in the coming months.

AME is now trading at 30 cents, on volume 1.1 million shares.

Charlie McGuigan joins Limited Brands as COO
By COO Forum Administrator
2012-05-04

Limited Brands Inc. announced that Charlie McGuigan, chief executive officer of Mast Global, the company's sourcing and production arm, has been named Limited Brands chief operating officer. In addition to retaining his current responsibilities, he will assume leadership of enterprise operations.

Martyn Redgrave, Limited Brands chief administrative officer, will transition to the role of senior advisor for the company later this summer.

"Charlie has exhibited great insight and vast knowledge in a variety of leadership roles at Limited Brands. I appreciate his ability to bring teams together to deliver results and look forward to working with him in his new role," said Leslie H. Wexner, chairman and chief executive officer of Limited Brands.

"We appreciate Martyn's contributions in his seven years with the enterprise, from his guidance of many operations and technology platform implementations to his support of business growth, and are grateful for his continued involvement in the business," said Wexner.

McGuigan joined Limited Brands in May 2004 as senior vice president in the technology services function for the company. Prior to joining Limited Brands, he worked for Cap Gemini Ernst & Young as a leader in consumer, product and retail practices.

Redgrave joined Limited Brands in 2005. Prior to joining the company, Redgrave held leadership positions at Carlson Companies, Inc. and Pepsico, Inc. He currently serves on the board of directors of Deluxe Corporation and United Way of Central Ohio.

Limited Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company.
 
Limited Brands inc.

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