DEVINE RETIRES AS TOTAL RESEARCH PRESIDENT; Continues as Director, Developer of Global Business.PRINCETON, NJ--(BUSINESS WIRE)--July 16, 1996--Total Research Corporation (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 : TOTL) announced today that Hugh J. Devine has elected to retire as president and 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. but will continue to serve on the Board of Directors of the Princeton-based marketing research firm. Devine, who has been with Total Research since its formal opening in 1975, served notice of his intent to take early retirement at a regular meeting of the Board late last week. Devine will also continue to assist the Company in its global business development. "Hugh Devine is a consummate professional who will remain an important asset to Total Research and our industry," said Lorin Zissman, Chairman-CEO. "He has served us long and well, helping to grow Total Research into a publicly-traded international firm that is serving world-class clients on four continents. We look forward to his continued contributions as a Director and a consultant in targeting significant opportunities to increase our client base worldwide." Devine's position will not be filled as such under a new management structure going forward. Zissman remains Chairman and Chief Executive Officer in the corporate reorganization to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. shortly. Devine, who received his degree in Economics from Bethany College and his MBA in Marketing from the University of Bridgeport University of Bridgeport is a private, non-sectarian university in Bridgeport, Connecticut, USA. Its campus is located in South Bridgeport on Long Island Sound. The University offers undergraduate, graduate, and health sciences programs. , has more than 30 years of research and consulting experience and has published extensively on corporate management, marketing research, quality management and strategic planning. He became President of Total Research in 1993, assuming responsibility for the profitable growth and customer satisfaction of Total Research's core business. He was also chair of the Managing Directors Council and served as a member of the Company's New Business Council and the Quality Steering Council as well as being a Director of the Company. Before joining Total Research, Devine was Manager of Market Intelligence, Winchester-Western Division of Olin Corporation, where he also served as Vice Chairman of the Public Affairs Council Based in Washington, D.C., The Public Affairs Council is the leading association for public affairs professionals. Its mission is to advance the field of public affairs and to provide tools and resources that enable public affairs executives and managers to achieve their business and that advised management on governmental and public affairs. He also served as an industry representative for the design of the Census of Manufacturers for the U.S. Census Bureau, and worked with the FTC FTC See Federal Trade Commission (FTC). as Co-Chairman of the Sporting Arms and Ammunition Manufacturers Institute Research Committee. Widely sought as a speaker for industry and academic functions, Devine is a member of the American Society for Quality American Society for Quality (ASQ), formerly known as American Society for Quality Control (ASQC), is a knowledge-based global community of quality control experts, with nearly 100,000 members dedicated to the promotion and advancement of quality tools, principles, and Control and the American Marketing Association The American Marketing Association, one of the largest professional associations for marketers, has 38,000 members worldwide in every area of marketing. For over six decades the AMA has been the leading source for information, knowledge sharing and development in the marketing profession. . He is also a member of the Survey Quality Committee and past chairman for the Career Planning Committee for CASRO, the industry's Council of American Survey Research Organizations The Council of American Survey Research Organizations (CASRO) is the trade association of survey research organizations, representing over 250 companies and research operations in the United States and abroad. . Total Research earns more than 80 percent of its revenues from the Fortune 500's largest commercial and financial services companies. A pioneer in the development and application of advanced research technologies, the Company has built an industry reputation for practical predictive marketing research methodologies which have helped clients to make better business decisions worldwide. CONTACT: Anthony P. Galli (609) 520-9100 |
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