Monster Appoints Two Senior Vice Presidents; Software veteran Michael Madden joins the management team as SVP, Employer Products; Diana Nicholson named SVP, Consumer Products
NEW YORK--(BUSINESS WIRE)--April 17, 2006--Monster(R), the leading global online careers property and flagship brand of Monster Worldwide, Inc., (NASDAQ: MNST) today announced the appointment of two senior vice presidents to the company's product organization. Joining Monster as Senior Vice President, Employer Products is Michael Madden. Diana Nicholson has been named Senior Vice President, Consumer Products for Monster.
Bringing more than 20 years of software industry experience to Monster, Mr. Madden will leverage his expertise to enhance the website experience and online functionality, and strengthen Monster's product line for employers.
In her role overseeing Monster's consumer products, Ms. Nicholson will be responsible for the seeker experience on the Monster site to support revenue generation for the company's recruitment and consumer advertising businesses. She will also work to integrate and leverage Monster's additional web properties, including Military.com, Tickle, FastWeb, MonsterTRAK and Making it Count.
"Today's appointments are reflective of Monster's ongoing commitment to delivering unparalleled products and services," said Brad Baker, Chief Product and Marketing Officer for Monster Worldwide. "Mike and Diana bring tremendous expertise to their respective roles to help us sharpen our focus and better meet the unique needs of both job seekers and employers."
Prior to joining Monster, Mr. Madden served as president and CEO of Service Integrity, a startup focused on web service solutions. Previously, he was EVP, Product & Technology and CTO at deNovis. Before deNovis, Mr. Madden was SVP of Products and CTO at J.D. Edwards, where he set product and technology strategy. He began his career at Digital Equipment Corporation working in various organizations including manufacturing, customer service and mid-range systems. Mr. Madden received his bachelor's degree in mathematics and a master's degree in electrical engineering from the University of New Hampshire.
Ms. Nicholson has been with Monster for the past five years, serving in a variety of senior management roles, including VP of Product, VP of MonsterCampus, and VP of MonsterLearning. Earlier in her career, Ms. Nicholson served as Director of Business Development at GetConnected, a comparison-shopping site for connectivity services, where she was responsible for business development, strategy and product. She began her career in banking and finance, working for institutions such as First Boston, Swiss Bank and Barclays. A graduate of SUNY Albany with a bachelor's degree in finance, Ms. Nicholson received a master's in business administration from Harvard Business School, where she concentrated on general management and e-commerce strategy.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, one of the world's largest Recruitment Advertising agency networks. Headquartered in New York with approximately 4,600 employees in 25 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and NASDAQ 100. More information about Monster Worldwide is available at www.monsterworldwide.com.
Monster is the leading global online careers property. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 26 local language and content sites in 24 countries worldwide. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.com.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.CONTACT: Monster Danielle Perry, 978-461-8366 Danielle.Perry@Monster.com or Weber Shandwick (for Monster) Lauren McDonald, 617-520-7116 email@example.com SOURCE: Monster