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US Q2 growth slows more

by on August 28, 2011

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(MENAFN) Chief US economist UniCredit Research in New York, Harm Bandholz, said that the US economic growth in the second quarter was slower than previously thought and consumer confidence dropped …

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US Q2 growth slows more

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Switzerland- Union Bancaire Privee Appoints Alan Mudie as Chief Investment Officer

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Switzerland- Union Bancaire Privee Appoints Alan Mudie as Chief Investment Officer

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Phototron Holdings, Inc. Chief Financial Officer Brian Sagheb Appointed Interim CFO of GrowLife Inc., Phototron’s Wholly Owned Direct Selling Subsidiary

June 2, 2011

WOODLAND HILLS, CA–(Marketwire – Jun 2, 2011) – Phototron Holdings, Inc. ( OTCQB : PHOT ) ( OTCBB : PHOT ), the designer, manufacturer and seller of the PHOTOTRON Hydroponic Indoor Grow Systems, today announced that Brian Sagheb, Chief Financial Officer of Phototron, will also serve as interim Chief Financial Officer of GrowLife Inc., Phototron’s wholly owned direct selling subsidiary.

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Direct Insite Appoints Matthew Oakes Chief Executive Officer and Elects New Directors

June 1, 2011

SUNRISE, FL–(Marketwire – Jun 1, 2011) – Direct Insite Corp. ( OTCBB : DIRI ), a global SaaS provider of financial supply chain automation in support of accounts receivable and accounts payable business processes, today announced that Matthew E. Oakes has been appointed Chief Executive Officer. Mr. Oakes will also continue in his position as President. Mr. Oakes previously served as the Company’s President and Chief Operating Officer and prior to that as Executive Vice President-Client Services. He joined Direct Insite in 2002 as Director of Business Operations, Quality Assurance, Contracts and Administration.

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Corporate Governance Expert Paul Hodgson Appointed GMI Spokesperson

May 31, 2011

PORTLAND, ME–(Marketwire – May 31, 2011) – GovernanceMetrics International (GMI), the independent leader in global corporate governance and ESG, today announced that it has appointed renowned governance and executive compensation expert Paul Hodgson to the role of Managing Director and Chief Communications Officer. Mr. Hodgson assumed his new responsibilities, which include serving as company spokesperson, immediately.

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Bunchball Announces Additions to Executive Team

May 31, 2011

New Chief Revenue Officer Joins Company From LinkedIn

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Bunchball Announces Additions to Executive Team

May 31, 2011

New Chief Revenue Officer Joins Company From LinkedIn

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Signature Exploration Hires Alan Gaines and Dr. Amiel David as Chairman/CEO and COO, Respectively

May 24, 2011

HOUSTON, TX–(Marketwire – May 24, 2011) – Signature Exploration and Production Corp. ( OTCBB : SXLP ) (the “Company”) announced today the hiring of Alan Gaines as its Chief Executive Officer and Dr. Amiel David as its Chief Operating Officer. They have a combined experience of over 70 years in the energy sector.

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7thOnline Continues to Grow Executive Team With New CMO

May 24, 2011

Jerry Inman Appointed Chief Marketing Officer to Help Grow Brand and Market Share

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Ron Ashkenas: Job Available: No Experience Preferred

May 20, 2011

Have you ever tried to get a job where you were told that you had all the right skills but lacked experience ? It’s a Catch-22 : You can’t get the job without experience , and you can’t get experience without getting the job. But how important is experience , and should it be such a critical asset for hiring managers? Not long ago I was talking about this issue with Michael Dowling , the President and CEO of North Shore-LIJ Health System, one of the largest and most successful health systems in the U.S. NS-LIJ includes fifteen hospitals and a number of other health care businesses on Long Island and New York City. With 42,000 employees, it is the largest employer on Long Island and one of the largest in New York City. And despite being confronted with all of the same challenges as every other health care organization in the country, NS-LIJ is financially sound and achieves consistently high marks for quality of care. Surprisingly, one of the reasons that Dowling cites for NS-LIJ’s success is the fact that traditional “experience” is not a pre-condition for hiring new managers. In fact, in many cases it’s a liability. Dowling explains: “We’re in an industry that needs to change and re-examine almost every facet of how we do business. So people who have been trained and reinforced in the traditional ways of running hospitals and health system departments often don’t look at doing things in new and creative ways. They don’t challenge everything and ask tough questions.Instead they’re locked into the old paradigms. So the last thing we need is someone with that kind of ‘experience.’” Of course, this doesn’t mean that anybody can walk in the door and get a job. Depending on the position, there are certainly technical knowledge requirements. But for managerial jobs, Dowling cares less about past experience and more about personal characteristics like passion for improving patient care, the ability to think outside the box, openness to learning, being a self-starter, and the capability to work as part of a team. Having worked directly with patients in some capacity doesn’t hurt either. For example, Kathy Gallo, North Shore’s Chief Learning Officer — who is also responsible for HR — has a background in nursing, but didn’t have any experience with HR or training when she took the job. Similarly the Chief Administrative Officer doesn’t have an MBA — he began his career as an EMT. In fact, as Dowling pointed out, not a single one of NS-LIJ’s top leaders has a traditional health care administration background — and that includes Dowling himself, who was a social worker and then served as a health care policy adviser to former NY governor Mario Cuomo. Naturally, it’s impossible to draw a general conclusion about the usefulness of experience from one organization in one industry. But if you are looking to dramatically transform your organization — or if you are in an industry that is undergoing radical change — then you might want to consider the idea of bringing in managers who don’t fit the traditional mold, who can challenge the way things have been done, and who lack traditional “experience.” Without injecting people like this into your organization, you may run the risk of recycling the same solutions and going down paths that used to work but may no longer be viable. In the same vein, if you are a manager that is passionate about change, wants to make a difference, and is willing to take a risk, think about intentionally making a lateral move to an area where you have little or no experience, either within your own company or elsewhere.But instead of being anxious about, or apologizing for your lack of experience, make the case that “no experience” is an asset that the business can’t do without. You’ll see the organization through fresh eyes and be able to make contributions that would never come from a traditional candidate. And personally you’ll be compelled to learn and grow in ways that wouldn’t have happened in a comfortable and familiar setting. It could be a win-win — for you and for the organization. What are your thoughts on the need for “experience” in a management job? Cross-posted from Harvard Business Online

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Parsons Announces Dahlberg as New Board Member

May 18, 2011

PASADENA, CA–(Marketwire – May 18, 2011) – The Board of Directors of Parsons Corporation has named Kenneth C. Dahlberg as a new Director. He is the former Chairman, Chief Executive Officer (CEO), and President of Science Applications International Corporation (SAIC), a leading provider of scientific, engineering, systems integration, and technical services and solutions.

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Sean Foley Appointed CFO of Butterfield Fulcrum Group of Companies

May 18, 2011

NEW YORK, NY and LONDON and WATERLOO, ON–(Marketwire – May 18, 2011) – Sean Foley, CA, has been appointed the Chief Financial Officer and Chief Administration Officer of Butterfield Fulcrum, a leading independent fund administrator, and FORS Limited, an independent provider of family office and wealth management reporting and administrative services.

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PHOTO UPDATE: MBO Partners Appoints Aassia Haq as Chief Marketing Officer

May 17, 2011

HERNDON, VA–(Marketwire – May 17, 2011) – MBO Partners, the leading provider of independent consultant engagement and compliance solutions, announced today the appointment of Aassia Haq to Chief Marketing Officer. With 15 years of experience in marketing, business management, strategic communications and media, Haq will lead MBO Partners’ overall brand and marketing program.

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Financial Technology Platform Billhighway Welcomes Rich Pirrotta as COO

May 16, 2011

TROY, MI–(Marketwire – May 16, 2011) – Billhighway, the pioneer in Financial Performance Optimization technology for membership-based organizations, has announced that Rich Pirrotta has joined the company as Chief Operating Officer.

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Zumiez Inc. Announces Departure of Trevor Lang

May 10, 2011

EVERETT, WA–(Marketwire – May 10, 2011) – Zumiez Inc. ( NASDAQ : ZUMZ ) announced today that Trevor Lang has resigned as Chief Financial Officer, Chief Administrative Officer & Secretary effective June 1, 2011 in order to move back to Atlanta, Georgia. A search for Lang’s successor is underway.

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BofA Betting Billions That The Real Estate Market Will Rebound

May 10, 2011

At Bank of America Corp. (BAC), where the company’s home-price forecasts have proved too good to be true, billions of dollars of new losses are at stake along with the credibility of Chief Executive Officer Brian T. Moynihan.

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Anthony A. Dreyspool Joins Brock Fiduciary Services

May 10, 2011

NEW YORK, NY–(Marketwire – May 10, 2011) – Anthony A. Dreyspool has joined Brock Fiduciary Services LLC , a provider of independent fiduciary services to employee benefit plans and others. Dreyspool has 30 years experience as a lawyer specializing in legal matters involving ERISA fiduciary matters, including management of employee benefit plan assets. He is the founder and owner of Park Avenue Presentations, a producer of webinar conferences on ERISA and other topics and the author of ERISA Fiduciary Law for Non-Lawyers. He was for 15 years the chief ERISA attorney for The Equitable Life Assurance Society of the United States, and is a former partner of DLA Piper LLP and a former of counsel to Paul, Hastings, Janofsky & Walker LLP.

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Taiwan Greater China Fund Announces Appointment of Chief Executive Officer

May 9, 2011

NEW YORK, NY–(Marketwire – May 9, 2011) – The Taiwan Greater China Fund ( NYSE : TFC ) (the “Fund”), a diversified closed-end registered management investment company listed on the New York Stock Exchange, announced today that the Fund’s Board of Trustees (the “Board”) had appointed Frederick C. Copeland as the Chief Executive Officer of the Fund. Mr. Copeland also serves as the Chairman of the Fund. At the same time, the Fund’s Board accepted the resignation of Steven R. Champion as President and Chief Executive Officer of the Fund. Mr. Champion will continue to serve as the portfolio manager of the Fund.

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Hertz Names John Holt Leader of Advantage Rent A Car

May 6, 2011

PARK RIDGE, NJ–(Marketwire – May 6, 2011) – The Hertz Corporation ( NYSE : HTZ ) and Advantage Rent A Car today announced that John Holt has been appointed Vice President, Advantage Rent A Car, effective immediately, and reporting to the Company’s Chairman and Chief Executive Officer, Mark P. Frissora. Holt succeeds Lois Boyd who was appointed to lead Hertz’s equipment rental business on April 25, 2011.

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After IPO, Glencore CEO’s Stake May Be Worth Nearly $10 Billion

May 4, 2011

Glencore International AG’s initial public offering may value Chief Executive Officer Ivan Glasenberg’s stake at $9.6 billion, more than Google Inc. (GOOG) and Blackstone Group LP (BX)’s founders reaped in their IPOs.

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Poised for Growth, Leading Demand Generation Agency, Left Brain DGA, Announces New Leadership

May 4, 2011

MENLO PARK, CA–(Marketwire – May 4, 2011) – Left Brain DGA, a Silicon Valley-based demand generation agency, announces the addition of three key members to its senior team. The company named Gary McGrath to Chief Revenue Officer; Barbra Gago to Director, Demand Generation Strategy; and Inger Rarick to Director, Client Services.

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Video: Prot Says BNP Paribas in a `Fairly Positive’ Position

May 4, 2011

May 4 (Bloomberg) — BNP Paribas SA Chief Executive Officer Baudouin Prot discusses the bank’s first-quarter profit which rose 15 percent, helped by its French and U.S. consumer-banking businesses.

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Video: Prot Says BNP "Confident" It Won’t Have to Raise Capital

May 4, 2011

May 4 (Bloomberg) — BNP Paribas SA Chief Executive Officer Baudouin Prot discusses the bank’s capital position and expansion plans after first-quarter profit rose 15 percent, helped by its French and U.S. consumer-banking businesses. He talks with Bloomberg Television’s Caroline Connan in Paris.

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MEDecision Announces Executive Promotion

May 3, 2011

Carole Hodsdon Named Executive Vice President and Chief Operating Officer

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Your Trading Room Appoints Former President & Chief Growth Officer of TradeStation Group to Serve as President and Chief Operating Officer

May 2, 2011

SANTA MONICA, CA–(Marketwire – May 2, 2011) – Your Trading Room (YTR), a Global leader in providing online foreign exchange (Forex) education and proprietary trading strategies, today announced that its shareholders and Board have named Joseph Nikolson to serve as the company’s President and Chief Operating Officer and member of the Board.

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Video: Livermore Says HP Returning Focus to Customer, Market

April 29, 2011

April 29 (Bloomberg) — Ann Livermore, executive vice president of the enterprise business at Hewlett-Packard Co., talks about Chief Executive Officer Leo Apotheker’s strategy. She speaks with Cory Johnson on Bloomberg Television’s “Bloomberg West.” Ben Horowitz, co-founder of Andreessen Horowitz, also speaks. (Source: Bloomberg)

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Quasar Announces New Management

April 29, 2011

JACKSONVILLE, FL–(Marketwire – Apr 29, 2011) – Quasar Aerospace Industries, Inc. ( PINKSHEETS : QASP ) is pleased to announce they have appointed Joseph C. Canouse as their new President and CEO to head the company. Mr. Joshua Henderson will remain as the Chief Operating Officer and the company would like to thank him for his assistance during this transition period.

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Your Trading Room Appoints Richard H. Waryn to Serve as New Global CEO and Chairman of the Board

April 27, 2011

SANTA MONICA, CA–(Marketwire – Apr 27, 2011) – Your Trading Room (YTR), a Global leading provider of online foreign exchange (Forex) education and proprietary trading, today announced that its shareholders & Board have named Richard H. Waryn to serve as the company’s Chief Executive Officer and Chairman of the Board.

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Socialwise, Inc. Issues Announcement

April 26, 2011

SAN DIEGO, CA–(Marketwire – Apr 26, 2011) – Socialwise, Inc. ( OTCBB : SCLW ) announced today that James Collas is stepping down from his roles as Chairman and Chief Executive Officer to devote himself full time to the internal operations of the Company. Mark Sandson, a director of the company, has been named interim Chairman and Chief Executive Officer and is leading a search for the Company’s next Chief Executive Officer, a proven industry leader, to take the Company to the next level.

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Avantis Medical Systems, Inc. Announces Appointment of Rick Randall as Chairman and Chief Executive Officer

April 26, 2011

SUNNYVALE, CA–(Marketwire – Apr 26, 2011) – Avantis Medical Systems, Inc., a technology leader in developing novel catheter-mounted digital imaging devices for use in gastroenterology procedures, is pleased to announce the appointment of Rick Randall as Chairman and Chief Executive Officer.

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Oracle President Safra Catz to Assume Role as Oracle’s Chief Financial Officer

April 25, 2011

REDWOOD SHORES, CA–(Marketwire – Apr 25, 2011) – Oracle Corporation ( NASDAQ : ORCL ) announced today that Oracle President Safra Catz will assume the additional responsibility of Chief Financial Officer. Ms. Catz’s appointment follows the resignation of the company’s current CFO, Jeff Epstein, who reported directly to Ms. Catz. The company announced Ms. Catz’s appointment is permanent and is effective immediately.

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BCHC Introduces New CEO

April 25, 2011

NEW YORK, NY–(Marketwire – Apr 25, 2011) – BoNa Coffee Holdings Corp. ( PINKSHEETS : BCHC ) is excited to announce the appointment of Rich Cabael as President and Chief Executive Officer of BoNa Coffee Holdings Corp.

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Digital Media Pioneer Patrick Seaman Assumes Chief Operating Officer Role at Cinsay, Inc.

April 25, 2011

LOS ANGELES, CA–(Marketwire – Apr 25, 2011) – Technology and new media pioneer Patrick Seaman has been elevated to Chief Operating Officer for Cinsay, Inc., it was announced today by Matthew D. Papish, President and CEO, Cinsay, Inc. Seaman joined Cinsay as Chief Information Officer in February, and his expanded role now includes oversight of all operations at the eCommerce technology company. Since his arrival, Seaman has brought a number of technology executives onboard, including Chief Technology Officer Rick Spitz and Vice President, Engineering Sergey L. Sundukovskiy as part of the company’s major technology staffing initiative. Further key staff additions are expected within the coming weeks, as Cinsay completes major funding with Pepperwood Partners, with whom an agreement for up to $40 million in financing is in place.

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Cleco Corp. Announces Chief Executive Succession

April 25, 2011

Michael H. Madison Announces Plans to Step Down as CEO and Retire at the End of the Year Bruce A. Williamson to Be Appointed President and Chief Executive Officer in July

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Green Equity Holdings, Inc. Appoints New Chief Executive Officer

April 20, 2011

DEERFIELD BEACH, FL–(Marketwire – Apr 20, 2011) – Green Equity Holdings, Inc. ( OTCQB : CXTO ) announced today that it has appointed Jesse Q. (“Jack”) Ozbolt as its Chief Executive Officer. Mr. Ozbolt contributes over 30 years of executive leadership in the oil and gas industry, with extensive experience in evaluating properties in regard to all technical aspects of energy development.

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ShareThis Ranked by ComScore as Largest U.S. Distributed Content Media Network

April 18, 2011

Company Responds to Increasing Demand, Announces Hire of Chief Scientist, Chief Architect of Advertising Systems

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ShareThis Ranked by ComScore as Largest U.S. Distributed Content Media Network

April 18, 2011

Company Responds to Increasing Demand, Announces Hire of Chief Scientist, Chief Architect of Advertising Systems

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Former Cognos Executive Renee Lorton Appointed to CEO at Centrifuge Systems, Inc

April 18, 2011

MCLEAN, VA–(Marketwire – April 18, 2011) – Centrifuge® Systems , Inc., a leading provider of interactive data visualization technology and a pioneer in sophisticated link analysis, announced today that industry veteran Renee Lorton has been named as Chief Executive Officer. Concurrently, Centrifuge Systems announced that it has raised an additional $2 million in Series A financing by Novak Biddle Venture Partners. 

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Former Cognos Executive Renee Lorton Appointed to CEO at Centrifuge Systems, Inc

April 18, 2011

MCLEAN, VA–(Marketwire – April 18, 2011) – Centrifuge® Systems , Inc., a leading provider of interactive data visualization technology and a pioneer in sophisticated link analysis, announced today that industry veteran Renee Lorton has been named as Chief Executive Officer. Concurrently, Centrifuge Systems announced that it has raised an additional $2 million in Series A financing by Novak Biddle Venture Partners. 

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Video: Morris Mark Likes Google on `Superb’ Cash, Revenue

April 15, 2011

April 15 (Bloomberg) — Morris Mark, president of Mark Asset Management Corp., talks about Google Inc.’s first quarter earnings, growth strategy and Chief Executive Officer Larry Page. He speaks with Cory Johnson on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)

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Agria Announces CFO Transition

April 15, 2011

BEIJING–(Marketwire – April 15, 2011) – Agria Corporation ( NYSE : GRO ) (the “Company” or “Agria”), a China-based company with investments in the agriculture sector, announced today that Christopher Boddington, Chief Financial Officer, has resigned effective April 18, 2011. Mr. Boddington stepped down from his position to pursue other opportunities and not as a result of any disagreement with the Company regarding financial or accounting practices. The Company has initiated an executive search for a new Chief Financial Officer.

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Agria Announces CFO Transition

April 15, 2011

BEIJING–(Marketwire – April 15, 2011) – Agria Corporation ( NYSE : GRO ) (the “Company” or “Agria”), a China-based company with investments in the agriculture sector, announced today that Christopher Boddington, Chief Financial Officer, has resigned effective April 18, 2011. Mr. Boddington stepped down from his position to pursue other opportunities and not as a result of any disagreement with the Company regarding financial or accounting practices. The Company has initiated an executive search for a new Chief Financial Officer.

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Plex Systems Inc. Announces Appointment of S. Craig Huke as Chief Financial Officer

April 14, 2011

AUBURN HILLS, MI–(Marketwire – April 14, 2011) – Plex Systems, Inc., provider of Plex Online, the leading Cloud ERP solution for manufacturers , today announced that S. Craig Huke has joined the company as Chief Financial Officer.

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Building Turbines, Inc. Announces New Corporate Officers and Advisory Board Members

April 14, 2011

AUSTIN, TX–(Marketwire – April 14, 2011) – Building Turbines, Inc. ( PINKSHEETS : BLDW ), a developer and manufacturer of rooftop mounted wind turbines for commercial buildings, today announced the appointment of Greg Miller as Chief Business Development Officer, Max Champie as Chief Marketing Officer, Jeffrey Clark as VP of Operations, and Mark Berger as Chief of Engineering.

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Payless ShoeSource Names Andrew Meyer Senior Vice President and General Merchandise Manager of Women’s and Accessories Collections

April 12, 2011

TOPEKA, KS–(Marketwire – April 12, 2011) – Payless ShoeSource announced today that Andrew Meyer has been named Senior Vice President and General Merchandise Manager for Payless’ Women’s and Accessories businesses, reporting to LuAnn Via, President and Chief Executive Officer of Payless.

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BeneCard PBF Announces Drew Crawford Named President and Chief Executive Officer

April 12, 2011

ORLANDO, FL–(Marketwire – April 12, 2011) – Richard O. Ullman, RPh, Chairman of Benecard Services Inc., announced the appointment of former Caremark official, Drew Crawford, as President and Chief Executive Officer of its Prescription Benefit Facilitator, BeneCard PBF .

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Golden Living Names Larry Deans Chief Business Development Officer

April 11, 2011

FORT SMITH, AR–(Marketwire – April 11, 2011) – Golden Living today announced that Larry Deans has been named Chief Business Development Officer, effective April 15. Previously, Deans was President of Golden LivingCenters. Deans will have responsibility for developing new businesses and services to meet the needs of a changing healthcare environment. He also will be involved in evaluating potential merger and acquisition opportunities.

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Video: Sena Says Social Media Presents Risk to Google Outlook

April 8, 2011

April 7 (Bloomberg) — Ken Sena, an analyst at Evercore Partners Inc., talks about the outlook for Google Inc. New Chief Executive Officer Larry Page believes Google needs to go “social” to compete, Business Insider said. Sena talks with Emily Chang and Cory Johnson on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)

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James Bolduc Named President and COO of JPB

April 7, 2011

COLUMBIA, MD–(Marketwire – April 7, 2011) –  JPB Enterprises, Inc. (“JPB”) announced today the naming of James Bolduc as its President and Chief Operating Officer (COO).

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ProMutual Group Appoints Donna Miele-Cesario to Chief Information Officer

April 6, 2011

BOSTON, MA–(Marketwire – April 6, 2011) – ProMutual Group, a leading provider of medical professional liability insurance, announces the appointment of Donna Miele-Cesario to Chief Information Officer. Promoted from within the company’s ranks, Miele-Cesario was previously the company’s vice president of Information Technology (IT). In her new capacity, Miele-Cesario will lead the development, acquisition and implementation of advanced technologies and systems for the entire ProMutual Group enterprise.

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