TMP Worldwide Appoints Monster CTO Brian Farrey to New Position of President, TMP Technologies
In this role, Mr. Farrey will oversee all technology initiatives and services serving TMP's global operations and report directly to President and Chief Operating Officer Jim Treacy. Among his responsibilities is leading the continued migration of Monster's efficiencies to other TMP divisions around the world. In addition, Mr. Farrey will direct all product and technology initiatives, as well as infrastructure development for all TMP Interactive properties, including Monster.
"Technology and the Internet continue to be the driving forces uniting us as a company around the world, enabling us to deliver new value-added services to our clients and generating increased growth and profitability," said Treacy. "Brian has demonstrated outstanding technological prowess and vision at Monster and played a critical role in making it the leading job site on the Internet. His proven track record makes him far and above the most qualified person to spearhead our technology strategy for the future."
Formerly Chief Technology Officer of TMP Interactive, a division of TMP Worldwide. Mr. Farrey, 41, has more than 20 years of technology experience. Most recently, he was responsible for the management of all technical aspects related to TMP Interactive, including product development, sales technologies, site platform architecture, technical operations and technical support. Mr. Farrey has received considerable industry recognition for his work at TMP, including being named one of Computerworld's "Premier 100 IT Leaders" for 2000 and one of InfoWorld's "Top 25 Most Influential CTOs" for 2001.
Prior to joining Monster in 1999, Mr. Farrey held numerous positions providing technical solutions to a broad range of companies in multiple industries. He earned a BA from Rochester Institute of Technology, an MS from Worcester State College and completed the Stanford Executive Program.
About TMP Worldwide
Founded in 1967, TMP Worldwide Inc., with more than 11,000 employees in 32 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, headquartered in Maynard, Mass., is the leading global careers website, recording over 41 million unique visits during the month of January 2002 according to independent research conducted by I/PRO. Monster 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 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, Finland and Scotland. Monster is the official online career management services sponsor of the 2002 Olympic Winter Games and 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com or by calling 1-800-MONSTER.
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 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.