COO Moves On To New Challenges As Assante Completes Final Transition To One Company Model.Business Editors WINNIPEG, Manitoba--(BUSINESS WIRE)--Jan. 27, 2003 Assante Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :LMS) today announced that Laurie Goldberg, 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. , will leave the company effective March 31, 2003. "Laurie has been instrumental in leading the company through the branding and integration of its Canadian and U.S. business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and the development of their strong, capable management teams," said Martin Weinberg, Chairman 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. , Assante Corporation. "His guidance has been a key factor in the success of our company, and we wish him every success in his future endeavors." Goldberg joined the company in 1998 with a mandate to assist the company's transition from a privately held firm to a public company. The latter included establishing an infrastructure for managing the day-to-day operations, leading the branding and integration of the operations and management of the 18 firms acquired by the company in Canada under a single general management team, branding and integrating the U.S. business management firms and launching certain corporate initiatives. Speaking about his pending departure Goldberg said, "I am very proud of my accomplishments at Assante. Assante is now one company -- confident, mature and growing. It has strong leadership, industry leading sales momentum and is well positioned for tomorrow. I am very pleased to have played a key role in bringing it all together." With Goldberg's mandate substantially complete and members of his integration team re-deployed to Assante's Canadian and United States business units, Assante has reassigned Goldberg's remaining duties to other members of Assante's senior management. Headquartered in Winnipeg, Manitoba, Assante Corporation takes a multidisciplinary approach multidisciplinary approach A term referring to the philosophy of converging multiple specialties and/or technologies to establish a diagnosis or effect a therapy to financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , investment advice, wealth management, estate and succession planning, insurance and business and sports management services - Assante Life Management SolutionsTM. The company's mission is to simplify and enhance the lives of its clients by providing integrated financial and personal services personal services n. in contract law, the talents of a person which are unusual, special or unique and cannot be performed exactly the same by another. These can include the talents of an artist, an actor, a writer, or professional services. that are tailored to each client's unique objectives. |
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