David N. Siegel Joins eVolution Global Partners.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--Oct. 9, 2000 The Appointment of a Top Operations Expert Underscores the Company's Focus On an Integrated Approach to Building New Internet See Web 2.0 and Internet2. Business Models eVolution Global Partners LP announced today that David N. Siegel, 39, joined its U.S. operations as a managing director. Mr. Siegel, whose operational experience covers a range of industries, will be responsible for leading and developing new ventures as well as building out eVoNet, eVolution's nexus of capabilities to support the scaling of successful operating companies. Mr. Siegel's appointment was effective September 25, 2000. eVolution Global Partners is a venture capital firm focused on working with corporate partners to leverage legacy assets in order to build new, independent businesses. Founded in March 2000, the company offers its corporate partners the capital, strategic vision, operational expertise, and other services to create new Internet businesses that can transform their industries. The company's U.S. operations are headquartered in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] . "We are delighted to have David join us," says James Allen James Allen is the name of:
"With corporate venture investing venture investing The acquiring of a stake in a start-up company by a brokerage firm or analyst by obtaining discounted, pre-IPO shares. Critics claim venture investing causes analysts to have a vested interest in seeing a stock appreciate in value and so approaching $10 billion annually in the U.S., there is a huge demand for the expertise and partnership offered by eVolution," said David N. Siegel. "Joining eVolution is an exciting opportunity to help develop businesses in the new economy." Mr. Siegel's most recent appointment was the President and COO of Budget Group Inc. Prior to that he served as President of Continental Express, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Continental Airlines, Inc. "Under his leadership, Continental Express more than doubled its revenues and increased its profit contribution to parent Continental Airlines several-fold" commented Gordon Bethune Gordon M. Bethune (born August 1941) is the chairman of the board of Aloha Airgroup, parent company of Aloha Airlines. He was CEO of Continental Airlines from 1994 until his retirement at the end of 2004. From 1996 on, he also served as chairman of the board at that airline. , the Chairman and CEO of Continental Airlines, where Mr. Siegel held executive positions from 1993-1999. "David played a crucial role in developing our strategy to transition the airline to an all-jet fleet and in transforming Continental Express into an industry leader in operating reliability. With his appointment, eVolution has gained both a world class strategist and an experienced operations executive." Prior to his appointment as President of Continental Express, Mr. Siegel was Senior Vice President of Planning for Continental Airlines, Inc. As Vice President of Corporate Development, Mr. Siegel led the formation of the Continental-America West strategic alliance. From 1991 to 1993, Siegel served as Director, Corporate Planning for Northwest Airlines and was a key architect of their successful restructuring. Before entering the airline industry, he worked for Bain & Company, a global management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm. Siegel earned an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration degree from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. and BS degree in Applied Mathematics and Economics from Brown University. About eVolution eVolution Global Partners is a global venture capital firm focused on working with corporate partners to leverage legacy assets in order to build new, independent businesses. Founded in March 2000, the company offers its corporate partners the capital, strategic vision, operational expertise, and other services to create new Internet businesses that can transform their industries. eVolution Global Partners was founded by members of three firms: Bain & Company, Texas Pacific Group and Kleiner Perkins Caulfield & Byers. Headquartered in London, eVolution has regional hubs in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , U.S.; Munich, Germany; Tokyo Japan; and Hong Kong. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion