Berbee Names Two Industry Veterans to Its Board of Directors.Business Editors MADISON, Wis.--(BUSINESS WIRE)--April 26, 2000 Liz Fetter of NorthPoint Communications NorthPoint Communications (Former NASDAQ: NPNT) was a CLEC (Competitive Local Exchange Carrier), focused on data transmission rather than voice. Its business plan involved leasing copper telephone lines from local phone companies, then selling them at wholesale prices to , Inc. and Robert W. Baird Robert Wilson Baird (born April 1, 1883) helped found the financial services firm that bears his name and led it for more than 40 years. Baird’s father was a professor of Greek literature at Northwestern University in Evanston, Illinois, where Baird grew up. & Co.'s Dave Pelisek To Help Guide Company's Rapid Growth Berbee, a rapidly expanding provider of electronic commerce, infrastructure, and networking solutions for business, has named a pair of industry leaders to its Board of Directors: Liz Fetter, president and chief executive officer, NorthPoint Communications (Nasdaq: NPNT NPNT No Picture No Talk NPNT No Picture, No Truth ); and Dave Pelisek, managing director, Robert W. Baird & Co., and partner, Baird Capital Partners (BCP BCP Best Current Practice(s) BCP Business Continuity Planning BCP Business Continuity Plan BCP Book of Common Prayer BCP Banco Comercial Português BCP Bureau of Consumer Protection (US Federal Trade Commission) ). Both appointments were announced during the board's regular meeting on April 26. Fetter and Pelisek will draw on their collective leadership experience to help guide Berbee during a period of growth in both its technology capabilities and overall market reach. Fetter fills an open board post vacated by Paul Shain, who recently joined the company as chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , while Pelisek has accepted an open position, previously reserved for Berbee's venture capital partner, BCP. They join existing board members Jim Berbee, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Berbee; John Bollinger, retired dean, College of Engineering, University of Wisconsin, Madison; and Peter Tong, chairman, Mandarin Partners. "Liz and David will provide vital leadership as we create a national brand, expand our presence in strategic locations and grow our services, particularly in the application services See ASP and Web services. provider arena," said Jim Berbee, president and CEO, Berbee. "Specifically, they will bring a unique perspective on evolving technologies and financing growth to deliver new technology more effectively." San Francisco-based NorthPoint is a leading broadband services provider, delivering affordable, dedicated high-speed Internet See broadband. access, streaming content and other value-added services to consumers and businesses around the world. CEO Fetter first joined NorthPoint in March 1999 as president and chief operating officer. Prior to NorthPoint, she was vice president and general manager of US WEST's consumer services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals, . She has also served as president, Industry Markets Group for Pacific Bell/SBC. Fetter earned her masters degree from Carnegie-Mellon University and her undergraduate degree from Penn State. "I am delighted to have the opportunity to help Berbee expand their business," said Liz Fetter, president and CEO of NorthPoint Communications. "As a leader in e-commerce and network consulting, Berbee will help companies take full advantage of all the benefits that technology can offer." Since joining Baird Capital Partners, an affiliate of investment banking firm Robert W. Baird & Co. that invests in attractive middle-market companies, in 1994, Pelisek's leadership has been focused on both the business services and industrial sectors. Before that, he was a partner at Fiduciary Capital, where he managed the firm's $65 million mezzanine fund. Prior to that role, he served as investment officer at The Northwestern Mutual Life Insurance Company, where he managed private debt and equity investments. Pelisek is a graduate of UW-Madison, (BA and MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , Finance). "I'm pleased to represent Baird Capital Partners on the Berbee board," said Pelisek. "I believe Berbee has an attractive business model, skilled management team and customer service-driven culture with many exciting e-business opportunities in its future." About Berbee... Berbee is a growing innovator in the delivery of high-value network consulting, electronic commerce, and application solutions for business. The Madison, Wis.-based firm is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of a major expansion in its geographic and market reach. With a diverse client roster that includes major catalog retailers, national retail brands, and Internet startups, Berbee offers comprehensive solutions that help companies manage, innovate and integrate technology into a model for success. http://www.berbee.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion