Hewitt Associates today announced that it has appointed Matthew Levin to the new management position of senior vice president, corporate development and strategy, effective immediately.
That will certainly add fuel to the fire of the rumors that Hewitt is planning to divest its HRO business.
Matt Levin's resume:
IHS Group - September 2004 to September 2006 - Senior Vice President of Corporate Development and Strategic Planning, in which role he was responsible for 10 (very small) acquisitions as well as the company's 2005 IPO
Hudson Highland Group - July 2003 to September 2004 - global operations officer for the human capital solutions business (quite a step up from his previous job at Sibson)
Management consultant (about 2 years) specializing in strategic planning and organizational effectiveness at Sibson & Company, which back then was a unit of Nextera Enterprises and is now a unit of Segal
Graduate of the First Scholar Program at First Chicago (now JPMorgan Chase), where he worked (about 2 years) in corporate finance covering the energy and media industries
MBA from the University of Chicago, BA from Northwestern University
Some additional background that may be of interest:
Steven Denning, Chairman of the investment firm General Atlantic LLC, sits on the boards of both Hewitt and IHS. General Atlantic is IHS's largest shareholder (14.3%) and Hewitt's second largest shareholder (13.3%).
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1 comment:
Wow, apparently this resume qualifies you for a job at $400K base + 60% target bonus, plus 10,000 shares and 28,000 options and the usual exec bene's. Wow.
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