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European Expansion of Christian & Timbers Continues with Three Key Appointments

European Expansion of Christian & Timbers Continues with Three Key Appointments

19/04/2006 10:00:00

The European expansion of executive search firm Christian & Timbers continues with three key appointments to the London office.

Paul Aldrich joins the Global Financial Services Practice as a Partner. Paul was most recently with Global Sage, a Hong Kong based financial services boutique. Paul opened the London office and led the Fixed Income Capital Markets effort globally.

Linda Klemme joins as a Partner in the Global Financial Services Practice with a focus on global capital markets – particularly fixed income. Linda was most recently a Partner with Global Sage in London, a capital markets boutique recruiting firm.

Christopher Coe also joins as a Partner and Head of European Life Sciences Practice from Korn/Ferry International. He has an extensive track-record in healthcare and gained his initial experience with GD Searle in the pharmaceutical sector.

Commenting on the appointments, Deidre Kenny, Managing Partner, Christian & Timbers (London) says:

“We are delighted to welcome Paul, Linda and Chris to Christian & Timbers. Their specialist expertise in financial services and healthcare underpin the depth and breadth of talent now joining our European operation and is an excellent compliment to our U.S. capabilities.”


Online Recruitment - The magazine for recruitment and HR professionals involved in internet recruitment

Comm-Works names new CEO

Comm-Works names new CEO

Comm-Works Holdings has promoted President, Chief Operating Officer and co-founder Alan Lampe to CEO, the company said Thursday.

The Plymouth-based company's board of directors elected Lampe to succeed Todd Eberhardt, who will remain a director for the company.

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Minneapolis/St. Paul Business Journal

Hewitt Associates opens HR outsourcing centre in Poland

Hewitt Associates opens HR outsourcing centre in Poland

The new centre will support Hewitt’s European clients and marks the first time that Hewitt will provide HR BPO services in Poland.

Hewitt Associates announced this week the opening of a new HR outsourcing centre in Krakow, Poland.

The Krakow centre represents an expansion of Hewitt's current activities in Poland. The company has operated an HR consulting office in Warsaw since 1996, which serves nearly 300 of Hewitt's global and European clients.

Approximately 300 Hewitt associates will work at the Krakow centre, providing customer service support to Hewitt's HR BPO clients in Europe. In addition, Hewitt will conduct pension administration and software development services from the new facility.

"Krakow fits perfectly into Hewitt's global HR BPO strategy," said Bryan Doyle, president of HR outsourcing for Hewitt. "With this Central European operation, we are extending our capabilities to support our growing portfolio of Europe-based clients, and offering a multilingual workforce."

With the opening of the Krakow centre, Hewitt will have 42 HR BPO service centres in 15 locations, including the United States, Brazil, India, Canada and the United Kingdom.

Consultant News.com

Hewitt Associates Chairman and CEO to Initiate Planned Trading Plan

Hewitt Associates Chairman and CEO to Initiate Planned Trading Plan

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--March 3, 2006--Hewitt Associates, Inc. (NYSE:HEW), a global human resources services company, today announced that Dale L. Gifford, chairman and chief executive officer, intends to enter into a prearranged plan to sell a portion of his holdings in Hewitt Associates, Inc. The objective of this plan is to facilitate the orderly sale of common stock for diversification and tax-planning purposes.

Under terms of the plan, which will be adopted in compliance with Securities and Exchange Commission Rule 10b5-1, Gifford, directly and through a family partnership, will sell up to 100,000 shares of Hewitt stock over 12 months, beginning in May 2006. In addition, Gifford has indicated he intends to gift 25,000 shares to various charitable organizations. In total, these shares represent less than 12 percent of Gifford's holdings, including options and restricted stock.

Gifford's ownership interest in Hewitt is in excess of the Company's stock ownership guidelines, has continually increased over the years and, apart from these sales, would have again increased in 2006 as part of his ordinary compensation arrangements. Including shares of common stock, stock options and restricted stock, Gifford's total equity ownership in the Company today is 1,080,054 shares, which is a 10 percent increase over his total equity stake at the time of Hewitt's IPO in June, 2002.

Rule 10b5-1 permits the adoption of written, prearranged trading plans by insiders at times when they do not have material, non-public information. Using these plans, insiders can gradually diversify their investment portfolios and spread stock trades over an extended period of time to reduce potential market impact. Once a plan is established, the insider retains no discretion over sales under the plan, and the pre-planned trades can be executed through a broker without regard to any subsequent material non-public information that the insider may acquire.

Gifford's transactions under his Rule 10b5-1 plan will be publicly disclosed on Form 4 filed with the Securities and Exchange Commission.

About Hewitt Associates

With more than 60 years of experience, Hewitt Associates (NYSE:HEW) is the world's foremost provider of human resources outsourcing and consulting services. The company consults with more than 2,400 organizations and administers human resources, health care, payroll and retirement programs on behalf of more than 350 companies to millions of employees and retirees worldwide. Located in 35 countries, Hewitt employs approximately 22,000 associates. For more information, please visit www.hewitt.com

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