Cedar Group Appoints Michael J. Townsend Vice President of Human Resources.Business/Technology Editors BOSTON--(BUSINESS WIRE)--May 23, 2000 Cedar Group US, Inc., a leading Enterprise Business Solution provider, has announced the appointment of Michael J. Townsend as Vice President of Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . This follows several recent announcements by the Cedar Group Plc including their eCRM partnership with Recognition Systems and their promotion to the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 250. As Vice President of Human Resources, Mr. Townsend's will continue to expand upon Cedar Group's rapid acceptance in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. marketplace by hiring, developing and retaining "the best and brightest talent" in the industry. "The philosophy, product and services coupled with the enthusiastic people already at Cedar Group were key factors in my decision to join Cedar Group", stated Michael. "My job will be to continue building on this legacy and to have a positive impact on our future growth. We are in a fast paced environment with tremendous upside." Mr. Townsend's diverse background brings a unique leadership and Human Resources skill set to Cedar Group. He has significant expertise in many areas of the industry, particularly with technology, service operations, manufacturing and human resources. He was most recently responsible for all operations as COO of Advance Resource Technology in Maryland. He has also held various senior management positions with Pepsico, Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. and Digital Equipment Corporation. "I am extremely excited about this opportunity. Cedar Group has leading edge technology, great customers, and great employees with a reputation for delivering outstanding service, Mr. Townsend stated. Cedar offers potential employees a unique opportunity that attracts great people." Tom Rump Rump The name given to the group of investors refusing to tender their shares into a corporate action, such as a merger or acquisition. Notes: Should the quantity of rump shares be large enough, a corporate action may be stalled or halted. , 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. , added, "I am extremely pleased to have Michael heading Michael Head (28 January 1900 – 24 August 1976) was a British composer, pianist, organist and singer who left some enduring works still popular today. Biographical details (see Bush, 1982, and Armstrong, 1976) Michael Head up our Human Resources organization. His energy, enthusiasm and focus will bring further success to our company. Michael's stellar track record in obtaining and retaining the best people coupled with his significant 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 experience will be an important component to our success as we continue to grow and expand rapidly." About Cedar Group Cedar Group US, Inc. is a member of Cedar Group Plc (FTSE 250: CED (Capacitance Electronic Disc) An earlier videodisc technology from RCA that was released in 1981 and abandoned five years later. Like phonograph records, the analog disc contained grooves that a stylus rode over. - News), the publicly traded leader in providing Oracle based Enterprise Business Solutions. These applications include Cedar eFinancials - financial management and reporting; Cedar eTime - time management and accounting; Cedar eDRIVE - fleet management; Cedar eFlow - workflow and document imaging; Cedar eContent - data warehouse management; and Cedar eCustomer - customer resource management. Cedar Group's success is based on a simple premise - providing powerful, scalable Enterprise Business Solutions without the typical resource draining, time consuming implementation cycles. In addition, Cedar Group US, Inc. also provides their eCedar ASP offering - Internet based solutions for those companies wishing to outsource their business applications. Today over 500 blue chip organizations worldwide across major market sectors use Cedar products. For more information contact Cedar Group at (978) 372-0770, email solutions@cedargroupus.com or visit their web site at www.cedargroupus.com. Cedar Financials is a trademark of Cedar Group and Cedar Group Plc. Other products mentioned in this article are registered, trademarked or service marked by their respective owners. Cedar Group 57 Wingate Street Haverhill, MA 01832 Tel: (978) 372-0770 Fax: (978) 374-4382 Web: www.cedargroupus.com Email: solutions@cedargroupus.com |
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