Korn/Ferry's Istanbul Office Places CEO of Turkcell
PRNewswire ISTANBUL, Turkey December 15
ISTANBUL, Turkey, December 15 /PRNewswire/ --
- Sureyya Ciliv to Join Turkey's Primary Mobile Phone Provider on January 9, 2007 -
Korn/Ferry International (NYSE: KFY), a premier global provider of executive search, outsourced recruiting and leadership development solutions, announced that the Istanbul office has successfully completed the search for the CEO of Turkcell (NYSE: TKC). Mr. Sureyya Ciliv will assume the role effective January 9, 2007.
Turkcell is the dominant mobile phone provider in Turkey, with almost two-thirds of the country's market share. Mr. Ciliv brings extensive international experience to Turkcell, with a background in general management, marketing and sales for multinational, fast-growing, high technology businesses. He was most recently general manager of worldwide field readiness strategy and systems for Microsoft. Prior to joining Microsoft's Redmond, WA headquarters in 2000, Mr. Ciliv was based in Istanbul for three years as the Country General Manager for Microsoft Turkey. Earlier in his career, he co-founded Novasoft Systems Inc. in Boston and for the next decade held positions as CEO as well as Chairman of the Board of the firm.
Mr. Ciliv received his MBA degree from Harvard Business School in 1983. He also holds Computer Engineering and Industrial and Operational Engineering degrees from University of Michigan, where he graduated with honours.
Turkcell is the only Turkish company on the New York Stock Exchange. The mobile phone provider is also listed on the Istanbul Stock Exchange.
About Korn/Ferry International
Korn/Ferry International, with more than 70 offices in 40 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent. For more information on the Korn/Ferry International family of companies, visit www.kornferry.com.
Korn/Ferry's Istanbul Office Places CEO of Turkcell
New Senior Appointment at Adecco
Wednesday, 3 January 2007, 3:45 pm
Press Release: Adecco
New Senior Appointment at Adecco
Auckland, 03 January 2007: World leader in Human Resource solutions, Adecco Personnel Ltd, has appointed Simone Wadham as Auckland Branch Manager.
Simone joins Adecco with considerable commercial and recruitment experience and was previously New Zealand Sales Manager for a publicly listed company.
In her new role, she will look to grow Adecco’s temporary and permanent placements in the Auckland commercial sector.
Simone, who holds an ANZ Certificate in Direct Marketing, previously had spells with Enterprise Recruitment, Cadmus Payment Solutions and Drake International in sales and commercial management.
Capital Alliance Income Trust Appoints New Chief Executive Officer
San Francisco - SAN FRANCISCO -- Capital Alliance Income Trust Ltd. (“CAIT”) (AMEX:CAA), a residential mortgage REIT, today announced that effective immediately, its Board of Directors has unanimously approved its transition to a “Self Advised” REIT and the unanimous appointment of Richard J. Wrensen as President and Chief Executive Officer. On October 18, 2006 at the company’s Annual Shareholder Meeting, approximately 90% of the shareholder vote approved the “Self Advised” proposal and the appointment of Mr. Wrensen as President and Chief Executive Officer. Mr. Wrensen noted that “CAIT needs to focus on reversing its losses, creating earnings, restoring the dividend and enhancing shareholder value. These objectives are a challenge that the new management team is eager to address. Our success will require strategic changes to our existing business model, investment policies and a tremendous amount of hard work.” The transition to self management has produced significant transition and termination expenses. The former advisor received a termination payment of approximately $500,000. For the year ended December 31, 2005 CAIT reported a net loss of $307,308 and for the year ended December 31, 2006 expects its net loss to exceed $900,000 (which includes one time transition and termination expenses). CAIT is a specialty residential lender, that has invested in conforming and high yielding, non-conforming residential mortgage loans on one-to-four unit residential properties located primarily in California. Historically, only residential loans with a combined loan-to-value of 75% or less are originated for CAIT’s mortgage investment portfolio. Due to the discontinuance of CAIT’s mortgage banking business conducted by Capital Alliance Funding Corporation, unsold mortgages with a loan-to-value greater than 75% were transferred to CAIT and are part of CAIT’s core portfolio. This document contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995) that inherently involve risks and uncertainties. CAIT’s actual results, operations and liquidity may differ materially from those anticipated in these forward-looking statements because of changes in the level and composition of CAIT’s investments and unseen factors. As discussed in CAIT’s filings with the Securities and Exchange Commission, these factors may include, but are not limited to, changes in general economic conditions, the availability of suitable investments, fluctuations in and market expectations of fluctuations in interest rates and levels of mortgage payments, deterioration in credit quality and ratings, the effectiveness of risk management strategies, the impact of leverage, the liquidity of secondary markets and credit markets, increases in costs and other general competitive factors.
dBusinessNews :: Daily Business News
: New CEO
Montclair hires new CFO
Friday, December 29, 2006
By ERICA ZARRA
The Montclair Times
Montclair has a new director of finance and chief financial officer.
Effective Feb. 5, Gordon L. Stelter will replace Dianne Marus, who retires from the position next Monday, Jan. 1. Stelter will assume the CFO post on a part-time basis effective Jan. 1. Township Controller Anthony Blasi will serve as acting director of finance from Jan. 1 through Feb. 5, according to a municipal release.
Marus has described the position as “the custodian of all the funds in town.”
Stelter will supervise an 18-member department responsible for all financial and accounting functions of the mu-nicipality, including the offices of tax collector and tax assessments. He will earn $122,160 per year.
Township Manager Joseph Hartnett called Stelter “one of the most highly qualified individuals I have ever seen in the field of municipal finance.”
Hartnett indicated that Stelter’s knowledge of information technology and skills “fits very well with this admini-stration’s aggressive approach to utilizing technology for improved efficiency and service. In addition to his academic work, he is proficient in five different accounting software packages, including what we now use here in Montclair, and other financial software as well.”
Stelter, a certified municipal finance officer and a registered municipal accountant, has also worked in private in-dustry as a professional accountant.
Since September 2003, Stelter has been the chief financial officer in Fairfield. His résumé also includes serving as a manager for the accounting firms, Smolin, Lupin & Co. in Fairfield, and Eisner LLP in Manhattan and Florham Park. He has worked as an auditor at Samuel Klein and Co. in Newark, where one of his accounts was Montclair, according to the release.
Stelter is a Rutgers University graduate, where he majored in accounting and earned a minor in computer sci-ence.
All of New Jersey’s 566 municipalities are required by law to have a CFO and specific other positions that are licensed and certified by the state. Municipal CFOs are also subject to state regulators and independent auditors.
As Hartnett previously noted, the post of chief financial officer is a “highly scrutinized” position.
Contact Erica Zarra at email@example.com.
northjersey.com - Montclair Times Community
: New CFO
Heidrick & Struggles Adds New Partner in Washington, D.C.
CHICAGO, Dec. 18 /PRNewswire-FirstCall/ -- Heidrick & Struggles
International, Inc. (Nasdaq: HSII), the world's premier executive search
and leadership consulting firm, today announced that Lonnie P. Taylor has
joined the firm's Washington, D.C. office as a Partner, where he will
conduct search assignments in a range of areas including government
affairs/lobbying, public relations and telecommunications.
Taylor brings nearly 30 years of experience in leading government
relations and advocacy positions with a strong focus and expertise in
legislative, regulatory, public and political affairs.
"We are extremely fortunate to have an individual of Lonnie's vast
expertise join our team," said Krishnan Rajagopalan, Managing Partner,
Washington, D.C. "Lonnie brings deep, hands-on expertise in the public
affairs arena. His strong, strategic skills and creative thinking will
enhance our service to clients and strengthen our reputation."
Prior to joining Heidrick & Struggles, Taylor was vice president of
external affairs at Sprint Nextel Corporation, and vice president of
Federal and State Relations at Nextel Communications before the merger.
Before joining Nextel, he served as co-chairman and chief lobbyist of the
Government Relations and Advocacy Practice Group of the law firm Powell,
Goldstein, Frazer and Murphy, counseling major companies and organizations
on a range of policy issues. Prior to that, he served as chief lobbyist and
senior vice president for congressional and public affairs at the U.S.
Chamber of Commerce. Taylor has also held senior policy and managerial
positions at the U.S. General Services Administration, in the U.S. Senate
and in the U.S. House of Representatives.
Taylor holds a juris doctorate degree from Georgetown University Law
Center and a business administration degree from The George Washington
University. Active in community affairs, he currently serves on the boards
of the Washington Scholarship Fund, the Bryce Harlow Foundation and the
Institute of Business and Government Affairs.
About Heidrick & Struggles International, Inc.
Heidrick & Struggles International, Inc. is the world's premier
provider of senior-level executive search and leadership consulting
services, including talent management, board building, executive
on-boarding and M&A effectiveness. For more than 50 years, we have focused
on quality service and built strong leadership teams through our
relationships with clients and individuals worldwide. Today, Heidrick &
Struggles leadership experts operate from principal business centers in
North America, Latin America, Europe and Asia Pacific. For more information
about Heidrick & Struggles, please visit http://www.heidrick.com.
SOURCE Heidrick & Struggles International, Inc.
Prominent recruiter leaves Russell Reynolds
(Crain’s) — High-profile executive recruiter Andrea Redmond has left Russell Reynolds Associates Inc., where during a 20-year career she steered Jamie Dimon to Bank One Corp., Glenn Tilton to United Airlines and numerous other powerful CEOs to prominent roosts in Corporate America.
“I’ve jumped off the side of a cliff, and we’ll see how I feel later,” Ms. Redmond, 50, says of her decision to quit. Her last day was Monday. She said she would take time off through the end of the year before deciding what to do next. “It was time for a break.”
A breast cancer survivor, she said her health was not a factor in the decision. “I’ve been thinking about this for a while. I wanted to enjoy the holidays without the phone ringing.”
She joined the Chicago office of Russell Reynolds in 1986 after five years in the human resources department of J.P. Morgan Chase & Co. predecessor First National Bank. Later she became co-director of the CEO & Board practice at Russell Reynolds, teaming with Charles Tribbett.
“It’s a total shock to me,” said Jim Drury, who started his own recruiting firm five years ago after leaving industry giant Spencer Stuart as vice-chairman. “I can’t imagine she would go to work for a competitor, for the same reasons I did not go to work for a competitor. I thought she and Charles Tribbett were locked at the hip to take over the world.”
Mr. Tribbett did not return a call seeking comment.
Ms. Redmond’s recent assignments have included placing Mark Hurd in the CEO position at Hewlett-Packard Co. last year after the celebrated downfall of Carly Fiorina; Ms. Redmond was involving in recruiting former H-P Chairwoman Patricia Dunn, who was ousted this fall after a boardroom spying scandal.
Among other pending assignments: a new CEO for Career Education Corp.
“Everything I had was close to being done or in very good shape,” she says. “I would not leave my clients high and dry.”
Crain's Chicago Business
Christian & Timbers' 25 Hot Executive Jobs For 2007
-(Business Wire)-December 15, 2006 - Executive search firm Christian & Timbers today released its 12th annual list of hot executive jobs. The 25 hot executive jobs making the 2007 Christian & Timbers list are categorized by forces changing markets, business plans, and investment strategies: options backdating, oil addiction, private equity power, Google, information security and compliance.
The hot executive jobs for 2007 impact all areas of the C-level suite, include many functional areas and various management skills. The jobs include board members with experience in India and China, CIOs, renewable energy/environmental executives, and more. -0- *T For the complete list and background information, contact: Anita Buchanan firstname.lastname@example.org/ (978) 525-3809 Loretta Prencipe email@example.com/ (703) 941-0277 Rob Wyse firstname.lastname@example.org/ (212) 920-1470 *T
About Christian & Timbers
Since 1980, Christian & Timbers has been the performance-driven executive search firm serving Fortune 1000, NASDAQ, FTSE 100, CAC 40, DAX and other leading global corporations. With a proven record in C-suite, top executive, and board searches, as well as private equity and venture capital services, Christian & Timbers offers expertise in technology, media and telecom, financial services, life sciences, professional services, retail, and manufacturing.
Christian & Timbers' focus is simple: Place the right executive in the chair. Committed to performance, quality and results, during 2005, its audited successful placement rate was 79%. In 2006, they were the first firm to measure their candidate stick rate of 94%, both statistics believed to be the highest in the industry. Eighty percent of the firm's placements took an average of 104 days.
Methodologies used include state-of-the-art technology, such as ClientNet(TM), a password-protected extranet service that renders a search transparent and facilitates client communications. Other tools include Candidate Central(TM), which shortens the recruitment cycle by efficiently engaging candidates, and a 40-day Audit(TM) process.
Headquartered in New York, Christian & Timbers has offices in Boston, Chicago, Cleveland, Columbia, Geneva, Jerusalem, London, Menlo Park, Paris, and Washington, DC.
News and more Business News from ADN1
Adecco appoints Senior Vice President of Corporate Communications and Global Marketing Partnerships
12/15/2006 10:20:33 AM
Zurich, Switzerland, December 15, 2006: Adecco, the world’s largest human resource solutions provider, today announced the appointment of Stephan Howeg as the Group’s new Senior Vice President for Corporate Communications and Global Marketing Partnerships.
In his new role, Stephan Howeg (41) will be as of February 1, 2007 responsible for Adecco’s global Public Relations and Internal Communications as well as its worldwide marketing partnerships, including sponsorships.
Stephan Howeg brings long term experience in global business and communications management. He held various senior positions in Corporate Communications, Marketing Communications, Investor Relations and Public Affairs. The most recent positions were:
* 05/03 until 12/06: Chief Communications Officer for cablecom, the leading Swiss cable operator in Switzerland.
* 02/01 until 04/03: Senior Vice President responsible for Corporate Communications & Investor Relations for Ascom, an international Telecommunications supplier active in more than 15 countries (Europe and the US) at this point in time.
* 10/97 until 01/01: Head of Corporate Communications & Marketing Communications for Sunrise (TDC Switzerland AG).
Stephan was educated in Switzerland and holds a University degree from the University of Zurich.
Adecco Group is the world market leader in Human Resource services with sales of EUR 18.3 billion in 2005. The Adecco network connects over 700,000 associates with business clients each day through its network of 33,000 employees and 6,600 offices in over 70 countries and territories around the world. Headquartered in Switzerland, and managed by a multinational team with expertise in markets spanning the globe, Adecco delivers an unparalleled range of flexible staffing solutions to corporate clients and qualified associates.
WebWire® | Adecco appoints Senior Vice President of Corporate Communications and Global Marketing Partnerships