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Archive for the 'Management changes' Category

New CEO named at Aureon Laboratories

August
25

Aureon Laboratories Inc., a Yonkers-based laboratory that specializes in cancer treatment, said that Robert Shovlin has been promoted from president to president and chief executive officer. Vijay Aggarwal will step down as CEO, but will remain a member of the company’s board of directors. Shovlin joined the company in June 2005 as vice president of sales and marketing. He was promoted to chief operating officer in 2007.

Posted by Jay Loomis on Tuesday, August 25th, 2009 at 2:04 pm |
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CEO of Heineken USA to step down

August
14

The top executive at Heineken USA is departing at a time when the brewery company is struggling to maintain beer sales during the economic downturn.

Don J. Blaustein will leave his post as president and chief executive officer of the American operations, based in White Plains, on August 31.

It marks the second change in top management at the U.S. business in nearly two years.

Amsterdam-based Heineken and other beer makers have faced headwinds during the recession as consumers cut back on alcoholic beverage consumption or shift away from more expensive imported brands such as Heineken.

In April, Heineken announced a sales decline of 16 percent in the Americas region during the first quarter.

“This is not a decision that I made overnight,” Blaustein said in a written statement. “Given my own career aspirations and a different view of how to build our business/portfolio in the current economic climate, I thought it best that we part ways.”

Blaustein could not be reached for additional comment.

He took over the job in October 2007 after an earlier stint as as a vice president of sales at Heineken’s American business.

Heineken said that it will soon name a replacement for Blaustein. John Nicolson, regional president Americas, will oversee the U.S. business on an interim basis.

“I am pleased to work directly with the Heineken USA team until a successor is named,” Nicolson said in a written statement. “They are a talented group and I have all confidence they will excel during this transition.”

Posted by Jay Loomis on Friday, August 14th, 2009 at 12:51 pm |
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New president named for Direct Holdings

August
5

Dawn Zier has been named president and chief executive officer of Direct Holdings, a unit of Reader’s Digest Association Inc. Direct Holdings, based in Fairfax, Virginia, is a marketer of music, videos, DVDs and books worldwide. It is licensed to market products under the Time Life brand. In addition to the new position, Zier will remain as president of global consumer marketing at Chappaqua-based Reader’s Digest.

Posted by Jay Loomis on Wednesday, August 5th, 2009 at 2:44 pm |
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Marketing officer named at PepsiCo Americas Beverages

July
31

PepsiCo Americas Beverages named Jill Beraud as its chief marketing officer and president-joint ventures. Beraud most recently served as global chief marketing officer for parent company PepsiCo in Purchase.

In her new position, Beraud will be responsible for marketing in North America and Latin America, as well as PepsiCo’s beverage joint ventures in North America that include partnerships with Unilever in ready-to-drink teas and Starbucks in coffee. Earlier in her career, she worked for 13 years at Limited Brands, including a stint as chief marketing officer of its Victoria’s Secret brand.

Posted by Jay Loomis on Friday, July 31st, 2009 at 1:06 pm |
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PepsiCo names executive to head R&D

July
9

PepsiCo Inc., the Purchase-based beverage and snack food giant, named Jonathan McIntyre to the new position of senior vice president, PepsiCo R&D Global Beverages.

McIntyre will head the company’s research and development for beverages worldwide. McIntyre, a scientist with expertise in the development of nutritional beverages and sports drinks, most recently served as senior vice president, technology and innovation at Solae, a DuPont foods company.

Posted by Jay Loomis on Thursday, July 9th, 2009 at 3:26 pm |
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PepsiCo names senior vice president of investor relations

June
2

PepsiCo Inc., the Purchase-based beverage and snack food giant, said that Lynn A. Tyson has joined the company as senior vice president of investor relations. Tyson previously was vice president of investor relations for Dell Inc., making her responsible for Dell’s relationships with investors and financial analysts. Before joining Dell in April 2000, Tyson served as vice president of investor relations for Tricon Global Restaurants.

Posted by Jay Loomis on Tuesday, June 2nd, 2009 at 12:22 pm |
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New CEO named at Presidential Life

May
15

Presidential Life Corp., the Nyack-based insurer that has $3.6 billion in assets and about 100,000 policyholders, marked a significant management milestone this week.

Company founder Herbert Kurz, 89, the dominant figure at company since starting it 44 years ago with capital raised from a handful of private investors, stepped down this week from the day-to-day management responsibilities. While Kurz will remain as chairman, he has handed over the jobs of chief executive officer and president to Donald L. Barnes, 65.

Presidential Life, which does business in 49 states, said that the management transition was part of a sucession plan that has been in the works for more than a year.

“He will have my full support as Presidential moves onward and upward,” Kurz said in a written statement.

Barnes , a former educator, worked at several major companies after beginning his insurance career in 1974. In 1995, he joined Presidential Life Insurance Co. as chief marketing officer and senior vice president. He helped expand sales and asset growth while serving as executive vice president from 1999 to 2000 and president since 2000. Barnes also helped upgrade the company’s technology systems and started its first Internet site.

Barnes said his goals this year include growing company sales by 15 to 20 percent.

“What we would like to do going forward is continue to grow our capital but also grow our sales force,” Barnes said in a phone interview. “It is a real honor to have the opportunity to be the first CEO to follow the founder of the company. Herb has provided tremendous leadership.”

The company’s sales force includes 900 general agents and 13,000 independent brokers. Presidential Life has about 110 employees at its Nyack headquarters.

The economic slowdown could help boost sales of fixed annuities, a major product for Presidential Life, Barnes said.

“People are looking for safe, secure and simple products and that is what we specialize in,” Barnes said.

Earlier this week, Presidential Life reported a quarterly loss of 29 cents a share, down from a profit of 37 cents a share a year earlier. The company said the decline was largely due to a drop in net investment income.

Posted by Jay Loomis on Friday, May 15th, 2009 at 4:23 pm |
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Equisearch names new CFO

April
14

Equisearch, an Elmsford-based provider of services for recovery of lost financial assets, said that Robert Riedel has been named chief financial officer. Riedel, 63, has more than 20 years of executive management experience as both a CFO and chief executive officer in industries that include financial services, healthcare and fashion. Most recently, he was CEO of Huntleigh Healthcare Inc., a medical device manufacturer.

Posted by Jay Loomis on Tuesday, April 14th, 2009 at 2:25 pm |
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Gutner succeeds Fuller at KeyBank

March
20

KeyBank said that longtime Citibank executive Yitty Gutner will succeed Reginald C. Fuller in a key executive position in its Hudson Valley/Metro NY District headquartered in Orangeburg.
Fuller, who was market president of the district, has left to pursue other opportunities, KeyBank said. Gutner was named senior vice president and district retail leader, and will run the 63 branches in the district extending from Westchester and Rockland counties in the south to Ulster and Dutchess counties in the north.
KeyBank boosted its profile in the Hudson Valley after it acquired Union State Bank at the start of 2008.
Gutner has worked for more than 30 years at Citibank. She managed branch expansion in Manhattan, renovations and relocations, and staff recruitment. At Citibank, Gutner also prepared Israel’s first overseas bank for launch.
She lives in Monsey with her husband. They have two adult daughters.

Posted by Jerry Gleeson on Friday, March 20th, 2009 at 4:15 pm |
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Westcon Group names new CEO

March
12

Westcon Group Inc., a Tarrytown-based technology company, said that Dean Douglas will become president and chief executive officer on April 1. His predecessor Tom Dolan, who co-founded the company in 1985, will become chairman. Douglas, who joined Westcon as chief operating officer in June, previously held senior executive jobs at Motorola and IBM.

Posted by Jay Loomis on Thursday, March 12th, 2009 at 5:31 pm |
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Atlas Air names treasurer

March
5

Atlas Air Worldwide Holdings Inc., a Purchase-based air cargo carrier, has named Edward J. McGarvey as vice president and treasurer. McGarvey previously was senior vice president and head of Aviation Americas at HSH Nordbank. In that job, he was responsible for finance and business development for the bank’s aviation finance unit. McGarvey is a certified public accountant with a bachelor’s degree in accounting from Manhattan College.

Posted by Jay Loomis on Thursday, March 5th, 2009 at 3:04 pm |
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Dannon announces new CEO

March
5

The Dannon Co., the yogurt marketer based in White Plains, has named a change in top management.

On April 1, Gustavo Valle will become president and chief executive officer of the company, a subsidiary of Paris-based Groupe Danone. Valle, currently the CEO of Danone Brazil, will relocate to the White Plains area.

Valle started his career at Danone in Argentina in 1996 as vice president of finance. He eventually became CEO of Danone Waters in Argentina in 2002. In 2004, he became CEO of Danone Brazil.

Valle will replace Juan Carlos Dalto, who has decided to pursue a career in international strategic consulting in his home country of Argentina.

Posted by Jay Loomis on Thursday, March 5th, 2009 at 1:04 pm |
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MasterCard names new controller

February
20

MasterCard Inc., the Purchase-based credit card giant, named Melissa Ballenger as controller and principal accounting officer. Tara Maguire, who formerly held the position, will become group executive, corporate planning and financial analysis.

Ballenger previously was senior vice president, controller and principal accounting officer of Washington Mutual, Inc., until its recent acquisition by JPMorgan Chase & Co. Prior to that, she held other accounting positions at Freddie Mac and Arthur Andersen.

Posted by Jay Loomis on Friday, February 20th, 2009 at 3:38 pm |
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Armonk resident named chairman of New York Life

February
19

Armonk resident Ted Mathas has been named board chairman of New York Life Insurance Co., effective June 1. Mathas, 41, has been president of the Manhattan-based insurer since July 2007 and chief executive officer since July 2008.

He will keep both positions in addition to the chairman’s job. Mathas will succeed Sy Sternberg, 65, New York Life’s chairman since April 1, 1997. Mathas has held various executive positions since joining New York Life in 1995 as an officer in the asset management department.

Posted by Jay Loomis on Thursday, February 19th, 2009 at 4:17 pm |
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House Party names chief operating officer

February
17

Greg Besner recently was named chief operating officer at House Party, a consumer marketing company in Irvington. Before joining House Party, Besner was the president and co-founder of Computershare Executive Services. Besner was also previously the president and co-founder of JLH Designs, which licenses consumer brand trademarks.

Posted by Jay Loomis on Tuesday, February 17th, 2009 at 2:21 pm |
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Parade magazine executive to retire

February
13

Walter Anderson, chairman and chief executive officer of Parade Publications, is retiring after a 31-year tenure at the magazine that is inserted in the Sunday editions of 470 newspapers.

During his years at the company, the 64-year-old White Plains resident helped increase the magazine’s circulation from 21.6 million to 33 million copies and nearly quadrupled the newspapers that distribute Parade.

Well-known authors such as David Halberstam, Norman Mailer, Dick Schaap, Gail Sheehy and Herman Wouk wrote for Parade during his tenure.

“One of Walter’s greatest achievements was his creation of the ’modern’ Parade,” S.I. Newhouse Jr., chairman of Parade parent Conde Nast, said in a written statement. “He transformed the Sunday magazine with new columns, ideas, and a higher level of reporting and writing.”

Anderson has been chairman and CEO of Parade since 2000. From 1979 to 2000, he was editor-in-chief. Anderson previously held several management positions at Gannett Newspapers in Westchester County, including managing editor. Gannett is the publisher of The Journal News. Earlier in his career, Anderson was a reporter for the Associated Press.

Anderson also served in the U.S. Marine Corps during the Vietnam War from 1961 to 1966.

Posted by Jay Loomis on Friday, February 13th, 2009 at 12:39 pm |
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Reader’s Digest names executive for digital businesses

February
3

Lara Bashkoff recently was promoted to president of Global RDA Interactive at The Reader’s Digest Association Inc. Bashkoff will be responsible for digital and electronic commerce activities at the Chappaqua-based magazine publisher. Bashkoff has served as interim president of the unit since November.

She joined Reader’s Digest in 2006 as vice president of corporate digital strategy. Before joining Reader’s Digest, Bashkoff was vice president and planning director for Young & Rubicam Brands, Wunderman, in New York.

Posted by Jay Loomis on Tuesday, February 3rd, 2009 at 12:58 pm |
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New president named at Orange and Rockland Utilities

January
29

William G. Longhi has been named the new president and chief executive officer of Orange and Rockland Utilities Inc., which provides electric service to 300,000 customers in southeastern New York state, northern New Jersey and northeastern Pennsylvania.

Longhi, 55, previously was the senior vice president of central operations at Consolidated Edison of New York. In that position, his responsibilities included the planning, design, operation and maintenance of electric generation, transmission and substations systems. After joining Consolidated Edison in 1976, Longhi has held a variety of positions. Those included vice president of operations at Orange and Rockland in 2000 and 2001.

Longhi succeeds John D. McMahon who served as Orange and Rockland’s president and CEO for six years. McMahon returns to Consolidated Edison as executive vice president. The changes are effective Sunday. Consolidated Edison is the parent company of Orange and Rockland Utilities.

Longhi lives in Katonah with wife, Janice, and three children — Billy, Jacqueline and Angela.

Posted by Jay Loomis on Thursday, January 29th, 2009 at 2:43 pm |
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Head of Drew subsidiary taking more duties

December
19

Drew Industries Inc., the White Plains company that provides parts for recreational vehicles and manufactured homes, said the head of its Lippert Components Inc. subsidiary will take responsibility for the operations of its Kinro Inc. subsidiary.

Jason D. Lippert, the chairman, president and chief executive of Lippert, will replace David L. Webster as the head of Kinro. Webster is retiring at the end of the year, Drew said in a filing with the U.S. Securities and Exchange Commission.

The company said it will increase Jason Lippert’s annual base salary from $400,000 to $700,000 for the period Oct. 1, 2008 through the end of the year. The company will also provide him with a bonus of $425,000 as a reward for his “extraordinary efforts in achieving a successful transition,” finding cost savings and increasing sales.

Under a new employment agreement, Jason Lippert will be paid a base salary of $700,000 next year as well. He will also be eligible for bonuses based on the profits and other performance measures of Kinro and Lippert.

Posted by Allan Drury on Friday, December 19th, 2008 at 1:07 pm |
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New CFO named at Par

December
12

Par Pharmaceutical Cos. Inc. said that Lawrence A. Kenyon, 43, will join the company on Monday as executive vice president of finance and will become chief financial officer on March 9. Kenyon previously was president, chief financial officer and corporate secretary at Alfacell Corp. Kenyon will replace Veronica A. Lubatkin, who will resign effective March 6 to pursue other professional opportunities, according to the company. Par, which is based in Woodcliff Lake, N.J., has significant operations in Chestnut Ridge.

Posted by Jay Loomis on Friday, December 12th, 2008 at 2:51 pm |
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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