Chris Klein Joins Internet Capital Group as a Managing Director of Financial Services.Business Editors WAYNE, Pa.--(BUSINESS WIRE)--Feb. 23, 2000 McKinsey veteran joins all-star management team to direct Internet Capital Group's focus in 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. sector Internet Capital Group (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ICGE), a leading business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) e-commerce company, today announced Chris Klein as its managing director of financial services. Klein, who worked as a partner with McKinsey & Co., will play a major role in Internet Capital Group's expansion into the B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. financial services sector. Klein will direct a team of professionals to identify promising areas in the financial services arena and assist Internet Capital Group's partner companies with strategic direction to establish themselves as leaders within their market space. "Chris' broad range of experience across the financial services industry makes him a valuable addition to our management team," said Walter Buckley, 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. of Internet Capital Group. "We're confident Chris will help Internet Capital Group build winners in the financial services arena." Prior to joining Internet Capital Group, Klein worked in the financial institutions group of McKinsey & Co., assisting banks, security firms and insurance companies with strategy and distribution. Klein was also co-leader of McKinsey's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. asset management and FIG e-commerce practices. His clients included leading U.S. and Canadian banks, mutual fund companies, life and P&C insurance companies, mortgage banks and brokerage firms. Klein also served as assistant vice president at First Chicago Bank First Chicago Bank is a name used by two banks. First National Bank of Chicago, a large Chicago bank, at one time used the name "First Chicago". This bank was absorbed into Bank One Corporation. , where he developed new capital market products and supported the bank's corporate strategy program. "Internet Capital Group is in a position to redefine the financial services landscape," Klein said. "I'm excited to join Internet Capital Group's management team and look forward to utilizing my skills and industry experience to lead our expansion into this promising market." Klein earned a bachelor's degree in finance from the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. and a master's degree in management from the J.L. Kellogg Graduate School of Business. About Internet Capital Group Internet Capital Group (http://www.internetcapital.com) is an Internet holding company actively engaged in business-to-business e-commerce through a network of partner companies. It provides operational assistance, capital support, industry expertise, and a strategic network of business relationships intended to maximize the long-term market potential of more than 55 business-to-business e-commerce partner companies. Headquartered in Wayne, Pa., Internet Capital Group has offices in San Francisco, Boston, Seattle, and London. |
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