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Bruce Fador Joins Gustin Partners; Former CEO of WorldStreet and First Call Becomes Senior Partner at Leading Executive Search Firm.


Business/Technology Editors

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BOSTON--(BUSINESS WIRE)--May 24, 2002

Gustin gustin /gus·tin/ (gus´tin) a polypeptide present in saliva and containing two zinc atoms; it is necessary for normal development of the taste buds.  Partners, a leading executive search firm for the technology industry, today announced that Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England.  R. Fador has joined the company as senior partner. Fador will provide executive search counsel to existing clients selling into the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 market as well as emerging technology vendors that want to grow the financial service components of their businesses.

Prior to joining Gustin Partners, Fador served as 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.  and president of WorldStreet Corporation, a leading provider of software solutions for the securities industry, from 1998 until 2002. During his tenure, Fador helped the company raise $57 million in venture funding and led the development and successful deployment of WorldStreet Net, a ground-breaking system that solves long-standing communications problems on Wall Street. Thomson Financial Thomson Financial

A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings
 acquired WorldStreet Net in February 2002.

From 1992 until 1998, Fador served as CEO and president of First Call Corporation, a global, on-line distribution network for financial research. The First Call network revolutionized the way research was disseminated disseminated /dis·sem·i·nat·ed/ (-sem´i-nat?ed) scattered; distributed over a considerable area.

dis·sem·i·nat·ed
adj.
Spread over a large area of a body, a tissue, or an organ.
 and used in the investment community. While at First Call, Fador increased overall revenues from $18 million to $120 million.

"In today's marketplace, more than ever, recruiting senior executives is a strategic necessity for companies," said Charles Gustin, founder and managing partner of Gustin Partners. "These companies need executives with strong leadership skills as well as hard-earned business insights. Bruce has the ability to connect with executives searching for new opportunities as well as companies seeking new senior management. His leadership skills and financial services expertise will allow Gustin Partners to enhance the services we offer to all clients."

"I've built a start-up Start-up

The earliest stage of a new business venture.
 technology firm and grew and run a well-established company, so I can relate to the challenges that come with these situations," said Fador. "As a CEO and president for the last 10 years, I truly understand the impact that an effective management team can have on a company. With an understanding of the capital markets for emerging as well as established companies, I can provide the Wall Street expertise needed in today's market. As a peer, I believe I provide a unique perspective for companies and senior executives looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 the right opportunity. I know I can deliver for the management teams at our client companies, whether that means recruiting a key executive or advising on a complex business challenge. I look forward to using my contacts and my years of experience to help clients take their financial services businesses to the next level. It's a terrific opportunity for me."

About Gustin Partners

Founded in 1985, Gustin Partners is an international, retainer-based executive search firm based in Boston. The company's mission is to attract and recruit exceptional management teams for the world's leading technology companies; from early stage, venture capital-funded startups to Fortune 500 multinationals. Clients include RSA Security RSA, The Security Division of EMC Corporation, is headquartered in Bedford, Massachusetts, and maintains offices in Ireland, the United Kingdom, Singapore, India, and Japan.

RSA organizes the annual RSA conference.
, iBasis and Progress Software. For more information, please visit www.gustinpartners.com.

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Publication:Business Wire
Date:May 24, 2002
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