Tag Archives: Business Administration

The 'not so quiet' before the storm: Study of Florida workers confirms employee pre-hurricane fears

Recent uneventful hurricane seasons have done little to calm Florida workers’ fear of hurricanes, according to a new study by Wayne Hochwarter, the Jim Moran Professor of Business Administration at the Florida State University College of Business. …read more

Source: FULL ARTICLE at Phys.org

Four Insights On How Great Brands Fail

By On Marketing, Contributor

This article is by Peter N. Golder, Julie R. Irwin and Debanjan Mitra. Golder is a professor of marketing at Dartmouth’s Tuck School of Business, Irwin is a professor of marketing at the University of Texas’ McCombs Business School, and Mitra is associate professor of marketing at the University of Florida’s Warrington College of Business Administration. …read more

Source: FULL ARTICLE at Forbes Latest

Kevin Mitnick: The Hacking Hamburglar

By Singularity University Affiliate, Contributor

By Timothy W. Coleman, a DC-based writer and security analyst who has co-founded two technology startup firms. He attended Singularity University’s Graduate Studies Program at NASA Ames Research Center and has a Masters of Public and International Affairs in Security and Intelligence Studies and a Masters of Business Administration in Finance.

From: http://www.forbes.com/sites/singularity/2013/04/11/kevin-mitnick-the-hacking-hamburglar/

Colorado Technical University Forms Agreement with The Saylor Foundation

By Business Wirevia The Motley Fool

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Colorado Technical University Forms Agreement with The Saylor Foundation

Saylor Foundation students are now eligible to apply academic credits from completed courses toward degree opportunities at CTU

COLORADO SPRINGS, Colo.–(BUSINESS WIRE)– Colorado Technical University (CTU), a leading provider of education for career-motivated students, and The Saylor Foundation, a non-profit provider of more than 280 free online courses, today announced an agreement to expand higher education opportunities for Saylor Foundation students and professionals. Under this agreement, students can earn up to nine credits at CTU by successfully completing the following National College Credit Recommendation Service (NCCRS)-approved Saylor Foundation courses:

  • BUS205: Business Law and Ethics
  • BUS210: Corporate Communication
  • POLSC201: Introduction to Western Political Thought

BUS205 and BUS210 would count as core credit for CTU‘s Bachelor of Science in Business Administration degree program. POLSC201 would count as a General Education or Elective credit.

“Eligible Saylor Foundation students now have an opportunity to further their educational goals and pursue selected graduate degrees at CTU,” said Emad Rahim, dean of CTU‘s College of Business. “We look forward to providing these students with the industry-relevant courses and skills they need to prepare for today’s marketplace demands.”

With this agreement, Saylor Foundation students enrolled in the designated free online courses must take and successfully pass a proctored exam to earn credits that can be applied to specific CTU degree programs.

“We are pleased to have established this agreement with Colorado Technical University,” said Devon Ritter, special projects administrator for The Saylor Foundation. “This agreement will increase the number of outstanding educational opportunities provided to our students to help them meet their educational goals and requirements.”

CTU was the only proprietary school invited by Saylor Foundation to participate in this agreement.

For more information about CTU‘s admissions policies and how to apply, visit www.coloradotech.edu/Admissions. For more information about The Saylor Foundation and its partner schools, visit http://www.saylor.org/partner-schools.

About Colorado Technical University

Founded in 1965, Colorado Technical University (CTU) provides higher education for today’s career-focused students and offers support, flexibility and resources to help students pursue …read more

Source: FULL ARTICLE at DailyFinance

RF Industries Announces the Appointment of Independent Board Member Joseph Benoit

By Business Wirevia The Motley Fool

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RF Industries Announces the Appointment of Independent Board Member Joseph Benoit

SAN DIEGO–(BUSINESS WIRE)– RF Industries Ltd. (Nasdaq: RFIL) announced today that it has appointed Joseph Benoit to serve as an independent member on the Company’s Board of Directors.

From 1992-2012 Mr. Benoit held executive positions of increasing responsibility at Union Bank. As a Senior Vice President/Market President he directly managed over 100 Union Bank branch offices. In 2008 he became Executive Vice President and head of Business Banking for Union Bank. He subsequently served as Union Bank‘s integration manager for their FDIC assisted acquisitions.

Mr. Benoit has served on numerous boards, primarily in a finance capacity, including the San Diego Regional Chamber of Commerce, the Pacific Coast Banking School and the San Diego Zoological Society Foundation. He holds a B.S. in Business Administration from San Diego State University, an MBA from National University and he is a graduate of the Pacific Coast Banking School.

Howard Hill, CEO of RF Industries, stated, “We are very pleased to welcome Joe as a new independent member of our Board of Directors. We believe that his extensive financial experience will be of tremendous value to our board as we look to build long term value for our shareholders.”

About RF Industries

RF Industries manufactures, designs and distributes Radio Frequency (RF) connectors and cable assemblies, medical cabling products, RF wireless products and fiber optic cable products. Coaxial connectors, cable assemblies and custom microwave RF connectors are used for Wi-Fi, PCS, radio, test instruments, computer networks, antenna devices, aerospace, OEM and Government agencies. Medical Cabling and Interconnector products are specialized custom electrical cabling products for the medical equipment monitoring market. RF Wireless products include digital data transceivers for industrial monitoring, wide area networks, GPS tracking and mobile wireless network solutions. Fiber optic cable, connector and harness products serve computer, aerospace, computer networking and specialty applications.

Forward-Looking Statements

This press release contains forward-looking statements with respect to future events which are subject to a number of factors that could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to: changes in the telecommunications industry; the operations of the Cables Unlimited division which was acquired in June 2011; and the Company’s reliance …read more

Source: FULL ARTICLE at DailyFinance

Regions Bank Enhances Commitment to Small Business; Taps Veteran Banker Joe DiNicolantonio to Lead B

By Business Wirevia The Motley Fool

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Regions Bank Enhances Commitment to Small Business; Taps Veteran Banker Joe DiNicolantonio to Lead Business and Community Banking Line of Business

BIRMINGHAM, Ala.–(BUSINESS WIRE)– Regions Bank has created a new Business and Community Banking line of business led by veteran banker Joe DiNicolantonio. The new division reports directly to John Owen, head of business lines and is dedicated to providing a full array of banking, lending, and advisory services to businesses with up to $20 million in sales.

Joe DiNicolantonio, head of Business and Community Banking, Regions Bank (Photo: Business Wire)

“Small businesses have unique challenges and rely on their bank to help them manage and grow their companies,” said Owen. “Joe brings a deep knowledge of both our community markets and small business capabilities to his new role and I’m excited that he will lead our efforts to serve more small businesses.”

Previously Regions managed business and community banking, including small business, as part of the company’s business services group. Establishing the Business and Community Banking division will allow Regions to increase its historically strong focus on serving small business customers through both branch and relationship-managed channels. John Asbury, head of Business Services, will now focus exclusively on Regions’ Commercial Banking, Treasury Management, Real Estate Banking, Business Capital, Specialized Industries and Capital Markets businesses and will continue to report to Owen.

DiNicolantonio joined Regions Bank in 1998 and has held a number of leadership roles in the retail and small business banking arena. Most recently he served as West Tennessee area president with oversight for the bank’s retail, commercial, middle market and small business banking activities throughout Memphis, Tenn. and surrounding communities. Prior to this, he held a number of retail and small business banking leadership roles in the bank’s Florida market. DiNicolantonio earned a bachelor’s degree in Business Administration and Finance from the University of Florida at Gainesville and a master’s degree in Business Administration from the University of South Florida at Tampa.

David May, who most recently served as West Tennessee Commercial Banking executive, will succeed Joe DiNicolantonio as West Tennessee area president. May joined Regions in 1992.

Lynetta Steed has been named director of Government and Institutional Banking for the East Region and will report to East Regional President Brett Couch. Steed joined Regions in 1992 and has provided leadership to the Business and Community Banking team since 2011.

About Regions …read more

Source: FULL ARTICLE at DailyFinance

Park City Group Names Executive Leadership for New Industry Solutions Team

By Business Wirevia The Motley Fool

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Park City Group Names Executive Leadership for New Industry Solutions Team

PARK CITY, Utah–(BUSINESS WIRE)– Park City Group (NYSE Amex: PCYG), a leader in consumer goods supply chain technology designed to increase sales and reduce out-of-stocks, today announced that Bruce Christiansen and Sage Horner are joining the company. The two supermarket veterans will form the nucleus of the new Park City Group Industry Solutions team. Christiansen was named Senior Vice President and Horner was named Group Vice President-National Clients.

This “Customer First” focused team will work collaboratively with Park City Group‘s strategic clients ensuring joint business solutions are successfully implemented and drive measurable improvements in sales and inventory management objectives while enhancing the customer experience.

“Bruce and Sage are accomplished retail and wholesale executives with significant depth and breadth of experience in merchandising, marketing, strategic procurement, and supply chain. The new Industry Solutions team they lead will be consultants to our customers, helping each retailer and supplier understand the best and most profitable way to sell more, stock less and see everything,” said Randall K. Fields, Chairman and CEO of Park City Group. “We are fortunate to have their knowledge and expertise working to help our current and future customers.”

Bruce Christiansen

Bruce Christiansen has extensive corporate merchandising leadership experience at national and regional retailers across multiple product lines. He has also played a key leadership role for one of the largest grocery supply chains in the country and organized several enterprise-wide business transformation programs.

Most recently, Christiansen was Vice President of Supply Chain and Procurement for regional supermarket chain and Park City Group user Haggen Foods. Prior to that he served in consulting capacities at specialty retailer The Guitar Center and natural foods company Better Body Foods, where he was Chief Operating and Financial Officer. He also served as Vice President of the Supply Chain Practice at Boise Consulting Group.

Christiansen had a 17-year career at Albertsons, Inc. /Supervalu, most recently as Corporate Vice President, Home, Health, & Beauty Merchandising. He previously served as Corporate Vice President – Supply Chain, Vice President, Demand Chain Strategy, General Manager of the La Habra, CA and Salt Lake City, UT distribution centers and Director of Distribution at the Fort Worth, TX Distribution Center.

Christiansen holds a B.A. in Business Administration from University of Texas at El Paso. He lives in Boise, ID.

…read more
Source: FULL ARTICLE at DailyFinance

Black Box Corporation Directors Elect Two New Members to Board

By Business Wirevia The Motley Fool

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Black Box Corporation Directors Elect Two New Members to Board

PITTSBURGH–(BUSINESS WIRE)– Black Box Corporation (NAS: BBOX) , a leading communications system integrator, announced today that its Board of Directors has elected Mr. John Heller and Mr. Joel Trammell to the Board. Both Messrs. Heller and Trammell’s terms will expire at the next annual meeting of stockholders. At that time, it is expected that they will stand for election by the stockholders.

Mr. Heller retired from Caterpillar Inc. in February 2012. He held a number of positions of increasing responsibility at Caterpillar during a 38-year career, last serving as Vice President and Chief Information Officer for more than the last 5 years. He is a graduate of Millikin University with a Bachelor of Science degree in Business Administration and holds an M.B.A. from the University of Illinois.

Mr. Trammell is a Managing Partner of Lone Rock Technology Group since 2011. Mr. Trammell was a founder and the CEO of CacheIQ, Inc. from June 2010 until it was acquired by NetApp, Inc. in November 2012. Previously, he was a founder and served as the CEO of NetQoS, Inc. from June 2000 to November 2009. Mr. Trammell is a graduate of Louisiana Tech University with a Bachelor of Science degree in Electrical Engineering.

“I am very pleased to have John and Joel join our Board of Directors,” said Mr. Thomas G. Greig, Chairman of Black Box Corporation’s Board of Directors. “Both bring deep expertise in many areas including enterprise technology, management and strategic planning. Their perspectives will help to drive shareholder value as Black Box continues to grow and adapt to our rapidly changing business environment. I join my fellow directors in welcoming them to the Board.”

About Black Box

Black Box is a leading communications system integrator dedicated to designing, sourcing, implementing and maintaining today’s complex communications solutions. Black Box services more than 175,000 clients in approximately 150 countries with approximately 200 offices throughout the world. To learn more, visit the Black Box Web site at http://www.blackbox.com.

Black Box® and the Double Diamond logo are registered trademarks of BB Technologies, Inc. Any third-party trademarks appearing in this press release are acknowledged to be the property of their respective owners.

Black Box Corporation
Gary …read more
Source: FULL ARTICLE at DailyFinance

Washington Real Estate Investment Trust Appoints Edward J. Murn, IV as Managing Director, Head of Re

By Business Wirevia The Motley Fool

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Washington Real Estate Investment Trust Appoints Edward J. Murn, IV as Managing Director, Head of Residential Division

ROCKVILLE, Md.–(BUSINESS WIRE)– Washington Real Estate Investment Trust (WRIT) (NYS: Managing Director, Head of Residential Division.

Mr. Murn will oversee operations, investments and development for WRIT‘s 11-property, 2,540 unit residential portfolio. His local real estate career spans more than 20 years, serving most recently as Director of Development at The Tower Companies, where he was responsible for prominent metro DC area assets and projects including The Blairs, White Flint Mall, and Tower Oaks. Prior to Tower, Mr. Murn served as Vice President of Multifamily Development with Kettler, Inc. Previously, Mr. Murn was Director of Acquisitions & Development – Northeast Investment Group with Archstone-Smith Trust and Director of Capital Markets at Charles E. Smith Residential Realty, Inc. Mr. Murn began his professional career as a commercial real estate banker in the Washington metro area. He holds a Master of Science in Real Estate from Johns Hopkins University and a Master of Business Administration from Loyola College. Mr. Murn is an active member of the Urban Land Institute and Johns Hopkins Real Estate Forum.

“We are excited to welcome Ed Murn to WRIT. He comes with extensive multifamily operational and investment experience from The Tower Companies and Kettler, Inc., two exceptional DC real estate firms, making him an excellent addition to our team as we look to expand our residential portfolio. This addition, along with our recent hiring of Paul Weinschenk to head up our Retail Division, demonstrates our commitment to maximizing the growth potential of our core residential and retail sectors,” said George F. “Skip” McKenzie, President and Chief Executive Officer of WRIT.

WRIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. WRIT owns a diversified portfolio of 69 properties totaling approximately 9 million square feet of commercial space and 2,540 residential units, and land held for development. These 69 properties consist of 25 office properties, 17 medical office properties, 16 retail centers and 11 multifamily properties. WRIT shares are publicly traded on the New York Stock Exchange (NYS: …read more
Source: FULL ARTICLE at DailyFinance

SYNNEX Corporation Announces the Appointment of Marshall W. Witt as Chief Financial Officer

By Business Wirevia The Motley Fool

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SYNNEX Corporation Announces the Appointment of Marshall W. Witt as Chief Financial Officer

FREMONT, Calif.–(BUSINESS WIRE)– SYNNEX Corporation (NYS: SNX) , a leading business process services company, announced today that it has appointed Marshall W. Witt as Chief Financial Officer of the company effective April 8, 2013. Mr. Witt will be assuming the role from Thomas Alsborg who announced his retirement last year, and will report directly to Kevin Murai, President and Chief Executive Officer of SYNNEX Corporation.

Mr. Witt will be responsible for the company’s financial management. He brings to SYNNEX over 25 years of financial experience with publicly traded companies. His experience includes 15 years with FedEx Corporation in progressive financial and operational roles and five years with KPMG LLP as an audit manager for banking and transportation clients. Most recently, Mr. Witt was Senior Vice President of Finance and Controller with FedEx Freight, a $5.3 billion subsidiary of FedEx Corporation (NYS: FDX) serving the US, Canada and Mexico.

“Marshall brings a wealth of finance and operational experience to this vital role, including strategic acquisitions and operational efficiency improvements. With his strong financial background and industry-related experience, Marshall will make a great addition to the management team as SYNNEX continues to evolve and grow,” stated Mr. Murai.

Mr. Witt holds a Bachelor of Business Administration in Finance from Pacific Lutheran University and a Masters in Accounting from Seattle University and is a Certified Public Accountant.

“Thomas has been a strong executive leader for SYNNEX over the past six years, helping to oversee significant change and growth of our company,” continued Murai. “He has played a key role in helping SYNNEX to focus on important drivers of value creation and investor returns. We are grateful to Thomas and will miss his contributions. We all wish him well in his retirement and future endeavors.”

About SYNNEX

SYNNEX Corporation (NYS: SNX) , a Fortune 500 corporation, is a leading business process services company, servicing resellers, retailers and original equipment manufacturers in multiple regions around the world. The Company provides services in IT distribution, supply chain management, contract assembly and business process outsourcing. Founded in 1980, SYNNEX employs approximately 11,000 full-time and part-time associates worldwide. Additional information about SYNNEX may be found online at www.synnex.com.

Statements in this release that …read more
Source: FULL ARTICLE at DailyFinance

Compass Minerals Announces New Vice President, Human Resources

By Business Wirevia The Motley Fool

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Compass Minerals Announces New Vice President, Human Resources

OVERLAND PARK, Kan.–(BUSINESS WIRE)– Compass Minerals (NYS: CMP) has appointed Steve Berger vice president, human resources effective immediately. Berger will be responsible for Compass Minerals‘ human resources function, which includes overseeing employee recruitment and development initiatives, incentive and compensation programs, employee engagement and labor relations strategy for the company’s 1,800 employees at 16 production, packaging and corporate locations in the U.S., Canada and U.K.

Steve Berger, vice president, human resources, Compass Minerals (Photo: Business Wire)

“Steve is a proven leader and a welcome addition to the Compass Minerals Leadership Team,” says Fran Malecha, president and CEO of Compass Minerals. “His extensive experience building employee engagement and people strategies will be a valuable asset as Compass Minerals continues to move forward.”

Berger brings more than 26 years of experience in a wide range of industries. Throughout his career he has led the design and implementation of employee strategies to improve effectiveness in the areas of organizational design, talent management, performance management, compensation programs, and employee relations.

Prior to joining Compass Minerals, Berger served as senior vice president, corporate services at Viterra, a global agri-business company based in Canada. Previously Berger was a senior executive at Accenture and a principal at A.T. Kearney where he led numerous large scale transformation, acquisition and integration initiatives as well as business and IT strategy programs across a wide range of industries and geographies.

Berger holds a Bachelor of Science degree in computer science from Pennsylvania State University and earned a Master of Business Administration from George Mason University where he graduated with honors. He is also Human Resources and Compensation Committee Certified from The Directors College, a joint venture of McMaster University and The Conference Board of Canada.


About Compass Minerals

Based in the Kansas City metropolitan area, Compass Minerals is a leading producer of minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. The company provides highway deicing salt to customers in North America and the United Kingdom and specialty fertilizer to growers worldwide. Compass Minerals also produces consumer deicing, water conditioning and pool products, ingredients used in consumer and commercial foods, and other mineral-based products …read more
Source: FULL ARTICLE at DailyFinance

QEP Resources Nominates Candidate for Board of Directors

By Business Wirevia The Motley Fool

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QEP Resources Nominates Candidate for Board of Directors

DENVER–(BUSINESS WIRE)– QEP Resources, Inc. (NYSE: QEP, “QEP” or the “Company”) today announced its Board of Directors has nominated Julie A. Dill to stand for election to QEP‘s Board. Her name will appear in the Company’s 2013 proxy statement.

Dill is currently group vice president of strategy for Spectra Energy; and president and chief executive officer of Spectra Energy Partners, LP, the $4 billion market capitalization master limited partnership formed by Spectra Energy. Before assuming her current roles in January 2012, Dill served as president of Union Gas Limited, Spectra Energy‘s major Canadian natural gas utility company. Dill’s previous positions include: group executive of investor relations and chief communications officer, Duke Energy; senior vice president of planning and finance, chief financial officer, and executive vice president – Asia Pacific, Duke Energy International; and several leadership capacities with Royal Dutch Shell company that included assignments in exploration and production, internal auditing, and refining and marketing.

Ms. Dill received her Bachelor of Business Administration in Finance from New Mexico State University, where she graduated summa cum laude.

“We are pleased to announce the nomination of Julie Dill to our Board,” said Chuck Stanley, Chairman, President and CEO of QEP Resources. “Julie’s more than 30 years of experience in the energy sector, her strong financial background, and her operational and commercial expertise will bring valuable knowledge to our Board, the Company, and our shareholders.”

About QEP Resources

QEP Resources, Inc. (NYS: QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily in the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, the Texas Panhandle, and Louisiana) of the United States. QEP Resources also gathers, compresses, treats, processes and stores natural gas. For more information, visit QEP Resources’ website at: www.qepres.com.

QEP Resources, Inc.
Greg Bensen, 303-405-6665
Director, Investor Relations

KEYWORDS:   United States  North America  Colorado

INDUSTRY KEYWORDS:

The article QEP Resources Nominates Candidate for Board of Directors originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not …read more
Source: FULL ARTICLE at DailyFinance

Great American Group Hires Robert Callaway as Vice President, Head of Oil and Gas

By Business Wirevia The Motley Fool

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Great American Group Hires Robert Callaway as Vice President, Head of Oil and Gas

DALLAS–(BUSINESS WIRE)– Great American Group, Inc. (OTCBB: GAMR) today announced the expansion of its oil and gas practice with the addition of Robert Callaway as Vice President, Head of Oil and Gas.

Callaway, an executive with more than 20 years of experience, will utilize his expertise in the oil and gas sector to support Great American Group‘s rapidly growing business. Callaway’s responsibilities will include business development and oversight of the oil and gas practice.

“There is an oil and gas revolution going on in the United States,” said Marc Musitano, COO of Great American Group‘s Machinery and Equipment Division. “With U.S. oil production up 40 percent since 2008, and the U.S. expecting to produce 7.3 million barrels per day this year, GA is increasing its presence to support that growth,” continued Musitano. “Robert’s wealth of industry knowledge and expertise will help us to better serve our customers while also positioning us as an industry leader in the sector.”

In addition to the hire of Mr. Callaway, Great American Group is further investing in its oil and gas practice by expanding its Dallas office, to house the rapidly growing team.

Prior to joining Great American Group, Mr. Callaway most recently served as Vice President of Waughtal Management, LLC, where he managed nine separate legal entities totaling $50 million in annual revenue. Prior to that, he was Vice President with Callaway Energy, LLC, where he cultivated existing and new business relationships to participate in drilling projects ranging in size from $1 to $30 million.

Callaway earned a Bachelor of Business Administration in Finance from the University of Texas at Austin and an MBA from Vanderbilt University.

From heavy machinery and equipment to retail inventory, industrial or intellectual property and real estate, Great American Group appraises billions of dollars in assets annually. For more information on the company’s services, contact (818) 884-3737 or visit http://www.greatamerican.com/appraisal.

About Great American Group, Inc. (OTCBB: GAMR)

Great American Group is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services for an extensive array of companies. A trusted strategic partner at every stage of the business lifecycle, Great American Group efficiently deploys resources with sector expertise to assist companies, lenders, capital providers, private equity investors …read more
Source: FULL ARTICLE at DailyFinance

Francesca Gino: How to Avoid Getting Sidetracked in Your Career

By Dan Schawbel, Contributor

I recently spoke to Francesca Gino, who is an Associate Professor of Business Administration in the Negotiation, Organizations, & Markets Unit at the Harvard Business School. Her research focuses on judgment and decision making, social influence, and ethics and creativity. Her studies have been featured on CNN and NPR, as well as in leading print publications including Economist and the Financial Times. In 2009, the New York Times featured Gino’s research in The 9th Annual Year in Ideas. Her new book is called Sidetracked: Why Our Decisions Get Derailed, and How We Can Stick to the Plan. …read more
Source: FULL ARTICLE at Forbes Latest

American Water Appoints Paul J. Evanson as New Independent Member to Board of Directors

By Business Wirevia The Motley Fool

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American Water Appoints Paul J. Evanson as New Independent Member to Board of Directors

VOORHEES, N.J.–(BUSINESS WIRE)– American Water Works Company, Inc. (NYS: AWK) , the largest publicly traded U.S. water and wastewater utility company, today announced that Paul J. Evanson has been appointed as an independent member of the company’s board of directors effective March 21, 2013.

American Water is pleased to have Mr. Evanson join our board of directors,” said George MacKenzie, chairman of the board of American Water. “Mr. Evanson has extensive experience in the utility industry and he is an excellent addition to our board.”

American Water‘s board of directors now consists of nine members.

“I have had the privilege of knowing Paul for many years and long admired his approach to tackling challenging situations, in particular those dealing with strategic planning, finance and risk management,” said Jeff Sterba, president and CEO of American Water. “As the CEO of Allegheny Energy, Paul transformed a struggling company into a successful, and profitable, enterprise within a few years. His proven track record as a leader will add significant value to American Water and further strengthen our board.”

Evanson served as chairman, CEO and president of Allegheny Energy, Inc. from 2003 to 2011. The company provided utility services in four mid-Atlantic states until its merger with FirstEnergy Corp in February 2011. Following the merger, Evanson served as executive vice chair of FirstEnergy until his retirement in May 2011.

From 1995 to 2003, Evanson was president of Florida Power & Light Co., the principal subsidiary of FPL Group, Inc., and a director of FPL Group Inc. He also was the president and chief operating officer of the Lynch Corp., a diversified entrepreneurial company focused on telecommunications. Evanson also held leadership positions with Moore McCormack Resources and Arthur Andersen & Co.

Evanson currently serves on the St. John’s University board of trustees, the Columbia Law School Dean’s Council, and the Westmoreland Museum of American Art board of trustees. He also served as a director of the Edison Electric Institute, a director of the North American Electricity Reliability Council and as chairman of the board of the Florida Reliability Coordinating Council.

Evanson received a Bachelor of Business Administration degree from St. John’s University, a Juris Doctor degree from Columbia Law School, and a Master of Laws degree from New York University.

Founded in 1886, American Water is the largest publicly traded …read more
Source: FULL ARTICLE at DailyFinance

Louis Caldera Joins Career Education Corporation Board of Directors

By Business Wirevia The Motley Fool

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Louis Caldera Joins Career Education Corporation Board of Directors

SCHAUMBURG, Ill.–(BUSINESS WIRE)– Career Education Corporation (CEC) (NAS: CECO) , a global provider of postsecondary education programs and services, announced that Louis Caldera was today appointed to the company’s Board of Directors.

Louis Caldera, former President of the University of New Mexico and Secretary of the Army, was appointed to the Career Education Corporation Board of Directors. (Photo: Business Wire)

Caldera brings a mix of law and policy, higher education, military, business and management experience to the Career Education Board of Directors. Caldera has served in both the Clinton and Obama administrations, as well as on several nonprofit and public company boards of directors. A graduate of the U.S. Military Academy at West Point, he also holds both a law degree and a Master’s of Business Administration from Harvard University.

As President of the University of New Mexico from 2003 to 2006, Caldera oversaw an increase in research and scholarship funding while leading a significant expansion and modernization of university facilities. He increased focus on bolstering the university’s academic reputation, including development of new programs in entrepreneurship, nanotechnology and biomedical engineering.

Serving as Secretary of the Army from 1999 to 2001, Caldera was known for advocating investment in the youngest members of the Army, including improving their opportunities for training and education. He is credited with leading development and beginning implementation of the Army Transformation vision, which moved the Army from a Cold War footing to a rapidly deployable force using new technologies and weapons platforms.

As a California state legislator from 1992 to 1997, Caldera served on the Higher Education Committee and authored legislation promoting children’s health and safety, charter schools and public education. Representing a multi-ethnic district centered in downtown Los Angeles, he contributed to economic revitalization efforts.

“Louis’ addition to the Career Education board affords us his broad range of perspectives and experience, so many of which pertain directly to how we provide quality, career-focused education that improves the lives of students,” said Chairman, President and CEO Steven H. Lesnik. “As the son of Mexican immigrants, Louis’ personal story of rising from humble beginnings to achieve high-ranking American leadership positions mirrors the dreams of many of our students, who through hard work and education strive to achieve a better life for themselves and their families.”

With Caldera’s appointment, the number of members currently serving …read more
Source: FULL ARTICLE at DailyFinance

Mobile Mini Appoints Erik Olsson President & CEO

By Business Wirevia The Motley Fool

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Mobile Mini Appoints Erik Olsson President & CEO

TEMPE, Ariz.–(BUSINESS WIRE)– Mobile Mini, Inc. (NASDAQ GS: MINI) today announced that Erik Olsson has been named President and Chief Executive Officer. He is also joining the Company’s Board of Directors, restoring the Board to eight members.

Most recently, Olsson, 50, was President, Chief Executive Officer and a Director of RSC Holdings Inc. from 2006 until the company’s acquisition by United Rentals, Inc. in April 2012.

Erik Olsson is a tremendous addition to Mobile Mini. His proven track record in the equipment rental industry, strong global management experience and disciplined focus on operational excellence are aligned with our strategic goals,” stated Michael Watts, Board Chairman of Mobile Mini. “We are very pleased to welcome him and look forward to his leadership as we position the business for long-term success.”

During Olsson‘s tenure as CEO, RSC became a premier provider of rental equipment in North America, servicing the industrial and non-residential construction markets. Over the five years prior to its acquisition in 2012, the company averaged double digit revenue growth, delivered EBITDA margins in the mid-to-high 40s and generated strong free cash flow resulting in more than $1 billion in debt reduction. Olsson also led RSC‘s 2007 IPO and successful sale in 2012 creating significant gains in shareholder value. Previously, Olsson served as RSC‘s COO and CFO.

“I am honored to join Mobile Mini and its employees to serve the company, shareholders and customers in this new role,” said Olsson. “Mobile Mini is a world class organization with a solid foundation for future growth. This is a testament to a great business model and dedicated high caliber employees. I look forward to working with the team to realize the key objectives of future growth and enhanced shareholder value.”

Olsson began his career at Atlas Copco Group, where he held several senior financial management positions in Sweden, Brazil and the United States, including Chief Financial Officer for Milwaukee Electric Tool Corporation from 1998 to 2000. He holds a degree in Business Administration and Economics from the University of Gothenburg.

About Mobile Mini

Mobile Mini, Inc. is the world’s leading provider of portable storage solutions. Mobile Mini is included on the Russell 2000® and 3000® Indexes and the S&P Small Cap Index. For more information visit www.mobilemini.com

This news release contains forward-looking statements, particularly regarding the momentum …read more
Source: FULL ARTICLE at DailyFinance

Molina Healthcare Elects New Directors to Board

By Business Wirevia The Motley Fool

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Molina Healthcare Elects New Directors to Board

LONG BEACH, Calif.–(BUSINESS WIRE)– Molina Healthcare, Inc. (NYS: MOH) today announced that it had expanded the size of its Board of Directors from 9 to 11 and elected Steven James, Dale Wolf, and Daniel Cooperman as new independent non-executive directors.

“We are delighted to welcome Steve, Dale and Daniel to Molina’s Board of Directors,” said J. Mario Molina, M.D., president and chief executive officer of Molina Healthcare, Inc. “Our management team will benefit from the perspectives and experience of these accomplished new board members.”

Steven James is a retired audit partner from Ernst & Young LLP with 30 years of experience providing accounting, auditing, and consulting services to health and managed care companies. James joined Ernst & Whinney (predecessor to Ernst & Young LLP) in 1979, was promoted to partner in 1992, became the leader of Ernst & Young’s Pacific Southwest Area Health Sciences practice in 2005, and retired from Ernst & Young LLP in 2009. James graduated with a Bachelor of Science degree in Business Administration with an emphasis in Accounting from the University of Redlands and is a certified public accountant.

Dale Wolf has served as the Executive Chairman of Correctional Healthcare Companies, Inc., a national provider of correctional health care solutions, since 2002. From 2005 to 2009, Wolf served as chief executive officer of Coventry Health Care, Inc., a diversified national healthcare company, and served as the executive vice president, chief financial officer, and treasurer of Coventry Health Care, Inc. from 1996 to 2004. Wolf was also a member of the Board of Directors of Coventry Health Care, Inc. from 2005 to 2009, and a member of the Board of Directors of Catalyst Health Solutions, Inc. from 2003 to 2012. Wolf graduated magna cum laude from Eastern Nazarene College with a Bachelor of Arts degree in Mathematics and from the MIT Sloan School Senior Executive Program. He is also a fellow in the Society of Actuaries.

Daniel Cooperman is Of Counsel with the law firm of Bingham McCutchen LLP. He served as senior vice president, general counsel, and secretary of Apple Inc. from 2007 to 2009, and senior vice president, general counsel, and secretary of Oracle Corporation from 1997 to 2007. Before joining Oracle, Cooperman was chair of the Business & Transactions Group and managing partner of the San Jose office for McCutchen Doyle Brown & Enersen, which combined in 2002 with Bingham Dana to create Bingham McCutchen. Cooperman is currently a strategic advisor to Institutional Venture Partners, a member of …read more
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