Tag Archives: Brian Sullivan

Business, Finance, Occupation & Industry

CTPartners Executive Search Inc. Announces Fourth Quarter and Full Year 2012 Financial Results

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By Business Wirevia The Motley Fool

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CTPartners Executive Search Inc. Announces Fourth Quarter and Full Year 2012 Financial Results

  • Fourth quarter revenue grows 11% to $30.2 million; full year revenue increases 6% to $128 million
  • New search assignments up 23% in fourth quarter, year-over-year
  • Company announces restatement of quarterly financial statements related to Latin America acquisition to account for a post combination compensation charge
  • Fourth quarter GAAP net loss of $0.21 per share; $0.02 net loss on adjusted basis, excluding certain non-recurring charges
  • Full year GAAP net loss of $0.51 per share; $0.16 diluted earnings per share on adjusted basis, excluding certain non-recurring charges, from $0.45 loss per share in 2011
  • Conference call tomorrow, Thursday, March 21, 2013 at 9:00 AM ET

NEW YORK–(BUSINESS WIRE)– CTPartners Executive Search Inc. (NYSE MKT:CTP), a leading global retained executive search firm, today announced its financial results for the fourth quarter and year ended December 31, 2012. The Company also announced its intention to restate its 2012 quarterly financial statements for the interim periods through September 30th to account for the acquisition of its Latin American licensee, completed on January 2, 2012. The restatement reclassifies $7.2 million from purchase consideration to post-combination compensation.

“Our fourth quarter net revenue was consistent with the financial guidance we provided on February 26th. We successfully executed our strategic growth plan in 2012 and added more clients and experienced executive search consultants to our team, while expanding our geographic footprint. Excluding the non-recurring post-combination compensation charge and the reorganization charge taken in the third quarter, we generated an adjusted $0.16 in earnings per share, a significant improvement over the prior year,” said Brian Sullivan, Chief Executive Officer.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Mark Hexamer Joins CTGrowth Partners as Principal

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By Business Wirevia The Motley Fool

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Mark Hexamer Joins CTGrowth Partners as Principal

NEW YORK–(BUSINESS WIRE)– CTPartners Executive Search Inc., (NYSE MKT:CTP), a leading global retained executive search firm, announced today that Mark Hexamer will join CTGrowth Partners, a recently established division of CTPartners focusing on executive search for high growth companies, typically venture capital or private-equity backed. He will be a Principal based in Silicon Valley.

Most recently, Mark was a Partner with Fortis Partners where he worked with venture-backed technology and consumer organizations.

An award-winning entrepreneur, Mark established Swap.com, the largest swap market on the Internet. Under his leadership, the firm was named Entrepreneur Magazine‘s “100 Brilliant Ideas of 2011,” Time’s “Top 10 Ideas of 2010,” and to the Red Herring North America 200. Earlier, Mark was co-founder of Sidebar Software, a legal writing and research product named as a “Top 20 Product of 1999” by Legal and Technology News.

Brian Sullivan, Chief Executive Officer of CTPartners said, “Mark has been a successful recruiter, working closely with Dayton Ogden to build a lasting presence in Silicon Valley and the VC world. We are excited to have him on the team.”

About CTPartners

CTPartners is a leading performance-driven executive search firm serving clients across the globe. Committed to a philosophy of partnering with its clients, CTPartners offers a proven record in C-Suite, senior executive, and board searches, as well as expertise serving private equity and venture capital firms.

With origins dating back to 1980, CTPartners serves clients with a global organization of more than 400 professionals and employees, offering expertise in board advisory services and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries. Headquartered in New York, CTPartners has 23 offices in 15 countries.

www.ctnet.com

CTPartners
Jennifer Silver, 617-316-5527
jsilver@ctnet.com

KEYWORDS:   United States  North America  California  New York

INDUSTRY KEYWORDS:

The article Mark Hexamer Joins CTGrowth Partners as Principal originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Verastem Announces Timing for Year-End 2012 Financial Results, Webcast and Conference Call

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By Business Wirevia The Motley Fool

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Verastem Announces Timing for Year-End 2012 Financial Results, Webcast and Conference Call

CAMBRIDGE, Mass.–(BUSINESS WIRE)– Verastem, Inc., (NAS: VSTM) , a clinical-stage biopharmaceutical company focused on discovering and developing drugs to treat cancer by the targeted killing of cancer stem cells, announced that financial results for the year ended December 31, 2012, will be released before the market opens on Wednesday, March 27, 2013. The Verastem management team will host a conference call discussing the Company’s financial results, recent developments and management’s outlook for 2013 on Wednesday, March 27, 2013, at 8:00 AM (ET). The call can be accessed by dialing 1-866-700-6293 five minutes prior to the start of the call and providing the passcode 40173121. A replay will be available approximately two hours after the completion of the call and can be accessed by dialing 1-888-286-8010 and providing the passcode 58773105. The replay will be available for two weeks from the date of the live call.

The live, listen-only webcast of the conference call can be accessed by visiting the investors section of the Company’s website at www.verastem.com. A replay of the webcast will be archived on the Company’s website for two weeks following the call.

About Verastem, Inc.

Verastem, Inc. (NAS: VSTM) is a clinical-stage biopharmaceutical company focused on discovering and developing drugs to treat cancer by the targeted killing of cancer stem cells. Cancer stem cells are an underlying cause of tumor recurrence and metastasis. Verastem is developing small molecule inhibitors of signaling pathways that are critical to cancer stem cell survival and proliferation: FAK, PI3K/mTOR and Wnt. For more information, please visit www.verastem.com.

Forward-looking statements:

Any statements in this press release about future expectations, plans and prospects for the Company constitute forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements. The Company anticipates that subsequent events and developments will cause the Company’s views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.

Verastem, Inc.
Investor contact:
Brian Sullivan, 617-252-9314
bsullivan@verastem.com
or<br …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

CTPartners Appoints Marc Gasperino as Digital Practice Leader

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By Business Wirevia The Motley Fool

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CTPartners Appoints Marc Gasperino as Digital Practice Leader

CTPartners completes 200 global digital executive search assignments in three years

NEW YORK–(BUSINESS WIRE)– CTPartners (NYSE MKT: CTP), a leading global retained executive search firm, announced today the appointment of Marc Gasperino as Managing Partner and Head of its Global Digital Practice. Gasperino is also a member of the firm’s Technology, Media & Telecommunications practice.

CTPartners has completed over 200 digital assignments in the past three years for some of the largest global corporations in retail, banking and consumer products, media and technology. Some of the executive roles filled by CTPartners include:

  • President/Digital for a major global broadcasting company
  • CEO/E-commerce in China for a Top 3 global digital firm
  • CEO/E-Commerce for a leading global automotive manufacturer
  • General Manager/E-commerce in Europe for a Fortune 50 technology leader
  • Chief Digital Officer in Europe for a Top 5 global bank.

Brian Sullivan, Chief Executive Officer of CTPartners, said, “As one of the first search firms to enter the digital space, we have successfully executed some of the industry’s most transformational digital assignments, helping to make digital leadership a strategic differentiator for many of our clients across the globe. With Marc’s appointment, we are happy to announce our continued global support of this core practice.”

About CTPartners

CTPartners is a leading performance-driven executive search firm serving clients across the globe. Committed to a philosophy of partnering with its clients, CTPartners offers a proven record in C-Suite, senior executive, and board searches, as well as expertise serving private equity and venture capital firms.

With origins dating back to 1980, CTPartners serves clients with a global organization of more than 400 professionals and employees, offering expertise in board advisory services and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries. Headquartered in New York, CTPartners has 22 offices in 14 countries.

www.ctnet.com
…read more
Source: FULL ARTICLE at DailyFinance