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Information Resources, Inc. (IRI) named Joan M. Lewis as a senior advisor
2015-07-01 07:00:00| Happi Breaking News
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resources
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named
Colt to exit IT service, reduce senior executives
2015-06-30 09:55:00| Telecompaper Headlines
(Telecompaper) Colt has approved a new business plan that will put greater focus on the company's core businesses, namely Network, Voice and Data Centre Services, with a managed exit from IT Services. Cost transformations across the group will also continue to be a key strategic focus, with Colt looking to reduce the number of senior executives in order to simplify and streamline operations. The European carrier has been working on the plan since the beginning of the year; it has now been given a provisional approval by its management board. The plan, which is unrelated to the recent buy-out offer by Fidelity, will be put into effect as quickly as possible. The Business Plan is expected bring cash one-off expenses of EUR 45-55 million and a non-cash impairment charge of around EUR 90 million. There will also be an exceptional restructuring cost of EUR 25 million relating to the Core Business. Savings are seen at EUR 25 million per year, reflected in Core Business EBITDA partially this year and fully next year. Trading is still expected in line with expectations for the second quarter; results will be reported before the end of July. Colt is guiding for a free cash flow for its Core Business of EUR 70-80 million for 2015 and of EUR 100-120 million for 2016, including all restructuring exceptionals and cash outflows.
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senior
reduce
exit
Former Dallas Fed President Fisher to Join Barclays as Senior Adviser
2015-06-30 02:50:14| Telecom - Topix.net
Richard Fisher , who stepped down from his post in March, is joining Barclays as a senior adviser starting July 1, the bank announced Monday. Mr. Fisher had served as president and chief executive of the Dallas Fed since April 2005.
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dallas
SEL Senior Vice President Retires
2015-06-30 02:45:00| Transmission & Distribution World
After nearly 17 years at Schweitzer Engineering Laboratories, Ron Schwartz, senior vice president, will retire at the end of June. Schwartz joined SEL in 1998 and has served in leadership positions in several divisions, including Quality, Research and Development, Marketing and Manufacturing. T&D World's The Briefing Room read more
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vice
vice president
Unifrax Announces Senior Executive Changes
2015-06-29 12:31:08| Industrial Newsroom - All News for Today
Tonawanda, NY Unifrax I LLC (Unifrax), the Tonawanda, N.Y. based manufacturer of specialty fiber products, announced today that Duncan Yardley has been promoted to Executive Vice President and Chief Operating Officer, and John Dandolph has been promoted to Executive Vice President and Chief Financial Strategy...
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