Transitions.James M. Kilts James M. Kilts was a chief executive officer of The Gillette Company. He negotiated the sale of the company to Procter & Gamble for US$57 billion. Press investigators estimate that he stood to gain more than $165 million personally in the purchase. , 52, was named chairman and chief executive of Boston-based Gillette Co., a $9.3 billion male grooming products company. Kilts, who was most recently 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 Nabisco, succeeds acting CEO Edward F. DeGraan, who will continue as president and COO. DeGraan took over for Michael Hawley Previously at MIT’s Media Laboratory, Michael Hawley is an artist and researcher working in the field of digital media. He is the founder of several research programs and projects including MIT's GO Expeditions program, the cofounder of the Things That Think research in October after Hawley was asked to step down. * Ted Waitt Theodore "Ted" Waitt (born January 18, 1963) is an American billionaire who was a co-founder of Gateway, Inc. Biography Waitt was born and raised in Sioux City, Iowa and attended the University of Iowa. , 38, was unanimously elected chief executive of $9.7 billion consumer PC company Gateway, based in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . Waitt, also the company's founder and chairman, replaces 44-year-old Jeff Weitzen, who took the CEO post in January 2000, and has announced his retirement. * John Cahill, 43, was named CEO-designate to replace Craig Weatherup when the 55-year-old chief executive steps down from his post at Somers, NY-based Pepsi Bottling Group. Cahill, who is currently president and COO of the $7.9 billion manufacturer and distributor of Pepsi-Cola beverages, is expected to assume the new position by year's end. Weatherup will retain his post as chairman. * Richard (Rick) Roscitt, 49, was named chairman and chief executive of Minneapolis-based ADC Telecommunications, a $3.2 billion telecommunications equipment maker. Roscitt, previously president of AT&T Business Services, succeeds William Codogan, who has retired. Lynn Davis, 53, will become ADC's president and COO, a newly created position. * Robert Davis, 44, has resigned from his chief executive post at Barcelona-based Terra Lycos, which was created by the October merger of Web portal Lycos and Spanish Internet services provider Terra Networks SA. Executive Chairman Joaquim Agut will assume the CEO functions, while Davis becomes non-executive vice chairman of the board and, separately, has joined Boston-based Highland Capital Partners Highland Capital Partners is a global venture capital firm with offices located in Boston, Silicon Valley, Geneva, and Shanghai. Since its inception in 1988, the firm has invested in more than 180 early and growth stage companies and taken a sector-focused approach to investing in . * James N. Hauslein, 41, was named chief executive of Coral Gables, FL-based Sunglass Hut International Sunglass Hut International is North America's largest retailer of sunglasses. The company was founded in 1971 and acquired by Luxottica in 2001. History The Start of SGH Sunglass Hut was founded in 1971 by Sanford Ziff in Miami, Florida. , a specialty niche retailing company with about $654 million in sales. Hauslein, who is also the company's chairman, succeeds John Watson, who has retired to pursue other interests. Greg Milne, 45, previously the company's COO of North America, has been appointed president and COO. |
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