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IN BRIEF.


VALLEY INDEX DROPS: Shares of most companies in the Daily News Index were lower Wednesday, led by Westlake Village's NetZero Inc. and Tekelec of Calabasas. NetZero fell $3 to $19.75. Tekelec dropped 68.75 cents to $12.50.

- Daily News

NEW COO: Bruce Ackerman Bruce Arnold Ackerman (born August 19, 1943) is a famous constitutional law scholar in the United States. He is a Sterling Professor at Yale Law School and one of the most frequently cited legal academics in the country. Biography
Ackerman received his B.
 of West Hills has been hired as 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.
 of the Economic Alliance of the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
. Ackerman, a former executive of the chambers of commerce in Van Nuys, San Fernando San Fernando, city, Argentina
San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area.
 and Pasadena, is chief executive officer of the San Gabriel Valley The San Gabriel Valley is one of the principal valleys of southern California. It lies to the east of the city of Los Angeles, to the north of the Puente Hills, to the south of the San Gabriel Mountains, and to the west of the Inland Empire.  Economic Partnership. He will start his new post in January, said Economic Alliance 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.  Bill Allen. ``He's going to be terrific and will be a major asset to the alliance,'' Allen said. ``We are beefing up the management team and will have two more hires next week.''

- Daily News

BROWN STEPS DOWN: Denis Denis, king of Portugal: see Diniz.  R. Brown, chairman and chief executive officer of Westlake Village-based Pinkerton's Inc., will leave the company at the end of this month. Brown has been the top officer at Pinkerton's since April 1994. He led the security services company through more than 35 acquisitions, a global expansion and the addition of new services. In March, Pinkerton's was purchased by Securitas AB, the largest security company in Europe, creating the world's largest security provider with annual revenues of $3.5 billion and 114,000 employees in more than 32 countries.

- City News Service

STOCK SPLIT: Shares of Camarillo-based Vitesse Semiconductor Corp. split after the market closed Wednesday, giving shareholders two shares at half Wednesday's close for every share they previously owned. Vitesse shares closed at $73.50, meaning they will be priced at $36.75 today.

- Daily News

MICROSOFT SUIT: A Palmdale computer company was among five Southern California companies named Wednesday in lawsuits filed by Microsoft Corp. alleging piracy of its software. The lawsuits, filed in federal district court, allege copyright violations and trademark infringements. The suit against Palmdale-based Tiger Tech, accuses the company of loading copies of software onto computers without proper authorization from Microsoft.

- Daily News
COPYRIGHT 1999 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Oct 21, 1999
Words:340
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