Brenner Spearheading Expansion of Marketplace Model To Include Technology Solutions.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Dec. 14, 2000 PaperExchange.com announced today that Bob Brenner will take on the position of 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. effective immediately. Duane DeSisto, who recently was appointed COO, will now also assume the role of President. This move comes as PaperExchange expands its business model to better serve the evolving needs of its customers. Building on its position as a leading online marketplace for the pulp and paper industry The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Finland, Sweden) and East Asian countries (such as Japan). Australasia and Latin America also have significant pulp and paper industries. , PaperExchange is offering leading technology-based business solutions for this industry. Mr. Brenner has been the primary architect of the expansion in the business model. "He brings a strong understanding of the changing dynamics of the paper and pulp industry as well as expertise in building technology solutions for the forest products industry," commented Walter Buckley, CEO of ICG ICG indocyanine green. . "Bob has been an important member of the PaperExchange team and has been driving the evolution of the company. He is the ideal choice to shorten PaperExchange's path to profitability and leadership." Mr. Brenner joined PaperExchange from Andersen Consulting See Accenture. where he was employed for 13 years. During his time with Andersen, Mr. Brenner concentrated on the planning, design and implementation of enterprise-level order management, production and financial systems. He implemented several large solutions for the forest products industry. Mr. Brenner received a B.S. degree in business/economics and accounting from Linfield College and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Oregon State University Oregon State University, at Corvallis; land-grant and state supported; coeducational; chartered 1858 as Corvallis College, opened 1865. In 1868 it was designated Oregon's land-grant agricultural college and was taken over completely by the state in 1885. . Mr. DeSisto brings more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of accounting and finance experience to PaperExchange. He has held positions as CFO See Chief Financial Officer. of AAI-Foster Grant as well as Zoll Medical Corporation. He graduated with a BS from Providence College and an MBA from Bryant College. Kent Dolby, who served as CEO and President since January of 2000, has decided to leave the company in order to be able to spend more time with his family who resides in Pennsylvania. About PaperExchange.com PaperExchange.com, Inc. is the leading technology-based business solutions provider for the pulp and paper industry. Bringing together strong domain expertise of leaders in both paper and paper-related technology, the company delivers a 24-hour-a-day e-commerce environment, providing new levels of efficiency and flexibility for buyers and sellers of all major grades of paper around the world. With members in more than 100 countries, PaperExchange guarantees that all paper transactions are secure, and transaction and membership data is completely confidential. Headquartered in Boston, Massachusetts, PaperExchange has offices throughout Europe. |
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