The Yankee Group Names Brian Adamik as President and Chief Operating Officer
BOSTON, Aug. 7 /PRNewswire/ -- The Yankee Group, an internationally recognized leader in technology research and strategic consulting, today announced that Brian Adamik has been named to the newly created position of president and chief operating officer, effective immediately. The appointment of Adamik to this position follows the first board meeting of the Yankee Group after its recent acquisition by Reuters Enterprise. Adamik will report directly to Berge Ayvazian, who will continue as chief executive officer of the Yankee Group and primary interface to Reuters Enterprise. ( Photo: http://www.newscom.com/cgi-bin/prnh/20000609/YANKEELOGO ) As president and COO, Adamik will oversee the organization's domestic and international day-to-day operations, including its research, sales and marketing, and business development functions, as well as integrating the company's rapid global expansion. As CEO, Ayvazian will be focusing on the strategies and corporate direction for continued development and growth, and building a disciplined international mergers-and-acquisitions capability. Ayvazian and Adamik will maintain their roles as leading industry analysts and key spokespersons for the Yankee Group. Ayvazian stated, "Since joining the Yankee Group over six years ago, Brian has played a major role in developing the expanded research focus and business processes in our organization. Most recently he was responsible for retooling our major research programs for enhanced Internet and e-business focus." Ayvazian added, "Moreover, Brian has been instrumental in guiding the company to achieve record financial results in the first half of the year. I am delighted to have Brian in this new and expanded role, and look forward to working more closely with him in his new capacity to strengthen and accelerate our business." "Reuters Enterprise is pleased with its recent acquisition of the Yankee Group. Berge and Brian are playing a critical role in the rapid growth of the company, and we have a strong desire to build a large international business," said Brad Hanson, the Yankee Group's chairman and managing director of Reuters Enterprise. "I am honored and very excited about taking on this new opportunity. My new role will have me focused on the execution of corporate strategy in an expedient and customer-centric manner," said Adamik. Specifically, Adamik will lead the development of a business management team to build upon the current success in the Internet and e-business research and consulting space and global market expansion. He will also develop business processes and procedures that will help guide the company during its continued expansion. Adamik has held numerous positions within the Yankee Group, including the overall management of several major research programs. In 1999, he was appointed COO and has led many of the company's recent transformation efforts, as well as leading all aspects of research and sales. Prior to joining the Yankee Group, Adamik had a significant career at AT&T spanning the company's engineering, marketing, product management, and government affairs departments. He has extensive knowledge in the areas of consumer market strategy, business case development and analysis, market research, competitive benchmarking, regulatory analysis, and the overall structure of the telecommunications industry. Adamik is also one of the most frequently quoted analysts in the nation. He earned a B.S. degree in management from Pace University and an M.A. in industrial psychology from Fairleigh Dickinson University. About The Yankee Group The Yankee Group is an internationally recognized leader in technology research and strategic consulting, whose broad-reaching analysis encompasses all areas essential to e-business success: the Internet, electronic commerce, communications, wireless/mobile, computing, and enterprise applications. The Yankee Group specializes in assisting companies with their e-business, enterprise networking, Internet technology, and electronic market initiatives while maintaining synergy with their overall business strategies. The Yankee Group continues to distinguish itself by providing personalized one-to-one analysis and planning assistance to its customers. Additional information about the Yankee Group can be found at www.yankeegroup.com. About Reuters Reuters supplies the global financial markets and the news media with the widest range of information and news products including real-time financial data, collective investment data, numerical, textual, historical, and graphical databases plus news, graphics, news video, and news pictures. It reaches over 519,000 users in 57,720 locations and extensively uses Internet technologies for wider distribution of information and news. Reuters designs and installs enterprise-wide information management and risk management systems for the financial markets, as well as provides equity and foreign exchange transaction systems. Reuters provides news and information to over 225 Internet sites reaching an estimated 12 million viewers monthly. Reuters is the world's largest news and television agency with 1,946 journalists, photographers, and camera operators in 183 bureaus serving 157 countries. News is published in 23 languages. Instinet, an international electronic agency stockbroker, is an independently managed subsidiary of Reuters. The Group employed 16,898 staff in 212 cities in 95 countries at 30 June 1999. For more details see: www.reuters.com/mediapack/
SOURCE Yankee Group
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