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TMP Worldwide Announces New European Executive Management Team as Part of Company's Broader Strategic Reorganization
Key Highlights
- Andrew Grant named President of eResourcing, Europe
- Andrew Simpson named President of Executive Search, Europe
- Eric Petco named President of Monster.com, Europe
- Andrea Bertone named President of Advertising & Communications, Europe
Four new division presidents were named for the region, and all will report directly to recently appointed Europe Group President Peter Dolphin.
Just last month, TMP announced a broad reorganization of the Company into three geographic regions: North America, Europe and Asia Pacific. The new regional structure will enable TMP to better capitalize on the synergies between its business segments, further enhance its ability to cross-sell its diversified product line to existing clients, and drive revenue and profitability growth. The reorganization allows the Company to adopt a shared services approach to information technology, accounting and other functions that will further reduce redundancy and increase efficiency, while establishing regionally consolidated operations that standardize processes and procedures across country borders.
"The management team we've established under Peter Dolphin's direction clearly has the experience and expertise to help drive TMP and Monster.com to undisputed leadership in Europe, with revenues and earnings to match," said Jim Treacy, President and COO of TMP Worldwide. "We are extremely confident in this group's ability and determination to grow all areas of our European business."
eResourcing, Europe
Andrew Grant has been named President of eResourcing, Europe. In this capacity, Mr. Grant is responsible for overseeing the European operations of the division, which fulfills recruitment needs for mid-level management and senior professionals. He also will lead the division's expansion into additional technical industries, particularly in the fields of engineering, accounting, finance and technology. Previously, Mr. Grant served as European CEO of the eResourcing division. Prior to joining TMP, Mr. Grant was CEO Asia Pacific for Robert Walters PLC, a London based recruitment business specializing in mid-level finance recruitment and outsourcing solutions. He earned a BMS (Management Studies) in Accounting and Finance from Waikato University in New Zealand.
Executive Search, Europe
Andrew Simpson has been named President of Executive Search, Europe, a division of TMP that specializes in recruiting senior corporate leaders, such as CEOs, COOs, CFOs and their direct reports. In his new position, Mr. Simpson is responsible for overseeing the development and delivery of innovative, comprehensive solutions to meet the recruitment and staffing needs of European clients. Previously, he was a Managing Partner of TMP Worldwide Executive Search's London office. Mr. Simpson has more than 14 years' of senior-level executive search experience. Prior to joining TMP Worldwide, he was the joint Global Head of the Insurance Practice at TASA Worldwide and a Managing Partner of TASA Worldwide's London office.
Monster.com, Europe
Eric Petco has been named President of Monster.com, Europe and is responsible for overall operational management and growth of Monster in the region. Previously, Mr. Petco was European Director for TMP Worldwide's Advertising and Communications unit. Prior to joining the company, Mr. Petco was President of LBW, an HR communications company acquired by TMP in 1997. He earned his degree from Edinburgh University.
Advertising & Communications, Europe
Andrea Bertone has been named President of Advertising & Communications, Europe, and is responsible for managing operations and driving the overall growth of this division, which provides effective Human Resources communication solutions to clients through a diverse product portfolio. Most recently, Mr. Bertone was Vice President of European Sales and Client Service for TMP Worldwide's Advertising & Communications division. Prior to that, he held several other titles within the company, including European Marketing Manager for the Yellow Pages division. Mr. Bertone began his career as an auditor with Deloitte & Touche, and earned a degree in Economy & Commerce from the Turin Economy & Commerce University in Italy.
About TMP Worldwide
Founded in 1967, TMP Worldwide Inc., with more than 10,500 employees in 33 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search & Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The Company's clients include more than 90 of the Fortune 100 and more than 480 of the Fortune 500 companies. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at www.tmp.com.
Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 30.2 million unique visits during the month of October 2001 according to independent research conducted by I/PRO. Monster.com connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster.com global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.
Special Note: 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 the company's strategic direction, prospects and future results. Certain factors, including factors outside of our 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 we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
CONTACT:
Weber Shandwick Worldwide, New York
Christian Harper, 212/445-8135
Charper@webershandwick.com
or
TMP Worldwide, New York
David Rosa, 212/351-7067
david.rosa@tmp.com
