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Subject: [announce] OASIS Member News: NerveWire Positions for Growth with KeyHires from Leading Consultancies
nervewire positions for growth with key hires from leading consultancies ...Adds Top Talent To Its Financial Services, Business Development, and Solutions Delivery Organizations... Newton, MA, August 20, 2002 - NerveWire, Inc., a management consulting and systems integration firm focused on Collaborative Commerce, today announced four new strategic hires from leading consultancies, including Accenture and McKinsey & Company, to support its growth and further strengthen its financial services, solutions delivery and business development organizations. Chuck Dean joins as vice president of solutions delivery. David Freese joins NerveWire as vice president and Midwest market leader in support of market expansion and new business development. In addition, Chief Business Architect Meg Whitman-Gorham and Senior Technology Architect David Levine join the financial services practice. "NerveWire continues to experience steady growth and sustained success even as much of the consulting industry has suffered bankruptcies and massive downsizing," said Tom Rodenhauser, influential consulting industry expert and founder of Consulting Information Services, LLC. "NerveWire is a case study in tempered transformation. During the boom, the firm could have played the hyper-growth-to-IPO game and imploded. Instead, NerveWire stayed focused and competes against the likes of BCG and Accenture." NerveWire President and CEO Kirk Arnold said, "We are extremely pleased with our financial performance this year. Despite very difficult market conditions, NerveWire has held revenue steady, developed many new relationships with clients and extended our partnerships with strategic clients. This gives us the opportunity to hire talented new colleagues, and add to the strong NerveWire team serving our clients and supporting our business." NerveWire's new key hires include: Vice President of Solutions Delivery, Chuck Dean As vice president of solutions delivery, Chuck Dean leads the firm's solutions delivery organization by working closely with clients and project teams to ensure quality delivery and client satisfaction. Dean brings a unique combination of consulting and operational experience to NerveWire. He has over fourteen years of consulting experience as a former partner with Accenture, in addition to several years experience as a chief information officer (CIO) and chief technology officer (CTO). Dean joins NerveWire from Cornerstone Brands, a $500 million multi-channel catalog retailer, where he was the CIO and lead e-business executive. He was responsible for the rapid implementation of e-commerce solutions, while aligning the technology organization and related spending with business goals. Chuck implemented a shared services organization to support Cornerstone's six different operating companies while overseeing a 125% increase in e-commerce performance and an 80% reduction in related spending. Previously, Dean held the position of CTO and vice president of operations for the e-commerce division of CompUSA, a $6 billion consumer electronics retailer. In that role, Dean created a new IT organization, e-commerce business model, and dramatically increased customer satisfaction within a six-month time span. Additionally, Dean was a partner with Accenture, where his career spanned fourteen years and several industries including financial services. While with Accenture, he primarily focused on complex system integration working with such clients as Fidelity Investments, John Hancock, UnumProvident, and Kodak. He led several clients in delivering their first e-commerce capabilities, integrating systems from acquisitions, implementing strategic supply chain and customer support capabilities, and creating strategies for supporting new markets. Overall, he delivered over $100 million in revenue, created a National Data Warehouse practice, and oversaw the creation of a regional solution center that supported the remote delivery of client solutions. Vice President and Midwest Market Leader, David Freese As vice president and the Midwest market leader for NerveWire, David Freese leads the effort to build and grow the financial services client base in the Midwest. He also has responsibility for developing NerveWire solutions across key banking and insurance sectors. Freese joins NerveWire from McKinsey & Company, where he advised leading financial institutions on issues including technology commercialization strategy, merger integration, IT strategy, and operations redesign. With over fourteen years of consulting experience, David has created technology-enabled growth strategies, improved client profitability and led large-scale change programs for numerous Fortune 500 firms including Allstate, American Express, First Union, Goldman Sachs, and Lincoln National. Previously, Freese helped build and grow profitable consulting practices at Price Waterhouse, where he helped found the financial services e-business practice; and at Ernst & Young, where he owned key account relationships and provided thought leadership on the topics of e-business, new product/service development and eCRM. Freese began his career at Andersen Consulting (now Accenture) as an application architect specializing in large-scale custom systems development. Chief Business Architect, Meg Whitman-Gorham As chief business architect for NerveWire's financial services practice, Meg Whitman-Gorham is responsible for architecting innovative business solutions that create strategic advantage for NerveWire's financial services Fortune 500 clients. Most recently, Whitman-Gorham served as an executive director at Omgeo, a joint venture of Thomson Financial and the Depository Trust Company. In this role, she was the product strategist and program manager for the newly conceived Virtual Matching Utility (VMU), which provides greater straight through processing (STP) with improved operational efficiency and reduced trading risk. As a leading thinker and expert in the financial services industry, Whitman-Gorham has twenty-four years of experience in global investment management with an emphasis on STP, trade order management, compliance, portfolio management, performance measurement, global custody and accounting. She has delivered strategic, analytical, and architectural insights to financial services clients worldwide helping them to achieve their business and financial goals. Prior to Omgeo, she held the positions of director of international operations for Thomson Financial's software solutions and the director of product management for Thomson Financial's portfolio management system, PORTIA®. PORTIA automates the trading, analysis, and operations of more than 400 money managers in forty countries, managing more than three trillion dollars in assets, and has been rated by Celent Communications as the number one portfolio management system available to financial institutions. She began her career at State Street Bank where she held a variety of technical positions focused on global custody for eleven years before joining Thomson Financial. Senior Technology Architect, David Levine David Levine joins NerveWire as a Senior Technology Architect within the financial services practice. In this role, Levine is responsible for designing and implementing innovative technology solutions that achieve the business goals of NerveWire's financial services Fortune 500 clients. Formerly managing director and senior architect at Scient and Cambridge Technology Partners, Levine has provided technology expertise to many of the largest global enterprises including Bank of Montreal, Chase Manhattan, State Street, Putnam Investments, Merrill Lynch, NASDAQ, and Thompson Financial. With over fifteen years of domestic and international experience, Levine has a global reputation for designing and developing mission critical systems for buy and sell sides, exchanges and ECNs with an emphasis on applied technology within capital markets, equities and foreign exchange. Levine is a sought after speaker at industry conferences, specifically to discuss the Financial Information Exchange (FIX) protocol and distributed object oriented computing. He is also an active participant on the FIX Committee, as he was involved with the standard from its inception, and previously was a member of Object Management Group's (OMG) financial services working group, which is a not-for-profit consortium that produces and maintains computer industry specifications for interoperable enterprise applications. About NerveWire NerveWire, Inc. is a management consulting and systems integration firm focused on Collaborative Commerce and Integration. We help Global 2000 clients in the Financial Services and High Tech industries integrate their customers, channels, and suppliers to attain new levels of shareholder value. Headquartered in Newton, Massachusetts, NerveWire serves clients worldwide and has 200 employees. NerveWire has been named to the Computerworld Top 100 emerging companies for 2002 for its ability to target inefficiencies and lower operating costs for clients. For more information, please visit www.nervewire.com. ### Please direct press and analyst inquiries to: Veronica Zanellato, 617-831-2745 or pr@nervewire.com Please direct sales inquiries to: 1-TO-NERVEWIRE (1-866-378-3947) x12999 or sales@nervewire.com Please direct career inquiries to: 617-332-4420 x89546 or jobs@nervewire.com Note to Editors: All products, services and company names are trademarks, registered trademarks or service marks of their respective owners.
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