QuanStar Makes Investment in GlobalOptions; Will Provide Expertise to Grow Company
The QuanStar Group, LLC, a strategic business management-support company, has become an equity partner in GlobalOptions.
Washington (PRWEB) September 20, 2004 -- GlobalOptions, Inc. is proud to
announce The QuanStar Group, LLC, a strategic business management-support
company, has become an equity partner in GlobalOptions and will provide
strategic business counseling to grow the company.
GlobalOptions is
aggressively pursuing a dual strategy of acquisitions and organic growth in its
quest to become a major force in the security, investigations, homeland defense,
and business solutions marketplace.
“QuanStar members offer a wealth of
experience and expertise,” said Neil C. Livingstone, CEO of GlobalOptions. “They
have acquired, integrated, and built highly successful companies, and will be
assisting GlobalOptions in becoming a world leader in the risk management and
business solutions arena.”
As an equity partner, The QuanStar Group,
represented by Per-Olof Lööf, will have a seat on the Board of Directors of
GlobalOptions.
In February 2004, Harvey Schiller was named Chairman of
the Board of GlobalOptions, as part of the company’s expansion strategy.
Schiller, who oversees GlobalOptions’ New York office, recently served as Vice
Chair of the New York City Host Committee of the 2004 Republican National
Committee. He was Chairman of Assante U.S., Chairman and CEO of YankeeNets,
President of Turner Sports, and Executive/Director/Secretary General of the U.S.
Olympic Committee.
The QuanStar Group
QuanStar, headquartered in
New York, is a strategic, business management-support company that provides
multilevel offerings to high-growth companies. Its services are provided through
the personal and hands-on interaction of its senior partners, associates, and
affiliate executives.
While each business relationship is unique,
QuanStar assists companies in various capacities including: executive and board
level business planning; growth financing; establishment of critical strategic
relationships; government relations; creation of new divisions; mergers,
acquisitions and joint ventures; commercializing intellectual property;
establishing global operations; licensing agreements; and evaluating and making
recommendations for significant business changes in operations.
Among
The QuanStar Group members are (alphabetically):
Arnold L. Burns – A
former U.S. Deputy Attorney General, Burns is Co-Founder and Chairman of
QuanStar. For five years he served as Managing Director of an international
investment banking firm and, before that, as a Senior Partner of an
international law firm. He previously created and managed his own law firm of
more than a hundred lawyers specializing in growing companies by providing legal
and corporate counseling services.
James Cannavino – A former top
executive of IBM Corporation for 32 years, Cannavino helped contribute to
billions of dollars of profit for the organization and is noted as “father of
the IBM ThinkPad.” Along with his multiple top-senior titles, he was a member of
the IBM Corporate Executive Committee and Worldwide Management Council.
Following his IBM tenure, Cannavino became President and CEO of Perot Systems
Corporation where he was responsible for all the day-to-day global operations of
the company, as well as for strategy and organization. Cannavino, today, in
addition to his role at QuanStar is Chairman and CEO of Direct Insite
(DIRI).
Harold N. Chefitz – Chefitz has over 30 years experience in
domestic and international healthcare business operations and is a member of the
Board of Directors of Barr Laboratories, Kensey Nash, Elan Motor Technology,
EmergingMed.com and NetHealth Systems. He has served as a Managing Director at
both Prudential Securities and Furman Selz where he was responsible for public
financings, private placements and acquisition activities.
Abraham E.
“Barry” Cohen – A retired Senior Vice President of Merck & Company
International and President of the Merck’s International Division, Cohen serves
as a Director on the supervisory boards of Akzo Corporation, an international
conglomerate, and other companies with global operations.
Dennis
DeConcini – DeConcini, a former Senior Senator from Arizona, served as a member
of the U.S. Senate for 18 years. He has served on several committees including
the Subcommittees on Defense, Energy and Water Development and on Foreign
Operations. He chaired the Subcommittee on Patents, Copyrights and Trademarks.
Dian Griesel – Is Founder and Chairman of The Investor Relations Group,
a financial relations and corporate communications company that specializes in
helping biotechnology, high technology/national defense companies and special
situations gain greater recognition with investors and liquidity in the
financial markets.
Andrew J. Kaslow – Kaslow was previously Senior Vice
President, Human Resources, of Vivendi Universal, a global media and
entertainment company, and was the global HR leader for Time Warner, the world’s
largest media company. Additionally Kaslow served as the Chief HR Officer for
Becton Dickinson, a medical products and diagnostic company, and has held
several senior management positions at PepsiCo’s KFC International business.
Kaslow is a professional musician with numerous co-production, recording and
performing credits.
Per-Olof Lööf – Lööf was past President and CEO of
Sensormatic Electronics Corporation, a world leader in electronic security,
where he successfully led the organization through a difficult turnaround and
managed the acquisition by Tyco. Lööf was also Senior Vice President of NCR’s
Financial Solutions Group, a financial services company serving financial
institutions in more than 100 countries. A native of Sweden, Lööf has an
extensive knowledge of the global economy.
Mark N. Sirangelo – Sirangelo,
the Co-Founder and CEO of The QuanStar Group, has participated in the
development of more than 20 companies. While CEO of PGI, which provides advanced
communications, event and logistical planning services, he was named
“Entrepreneur of the Year” by Ernst & Young.
Allan R. Tessler –
Tessler, a specialist in turnaround financing, was the Founding Principal of
Corporate Recovery Group, LLC, which provides counseling to improve, reengineer,
and restructure companies. He is also Chairman of the Board and CEO of
International Financial Group, an international merchant banking
firm.
David C. Watt – Currently Director and CEO of Biomagic, Inc., Watt
has more than 30 years of legal and business experience. Prior positions include
President of ICN Biomedicals Inc. and President and CEO of Unitel, a publicly
traded telecommunications company.
Gary C. Wendt – After a long
successful career as Chairman and CEO of GE Credit, which produced forty percent
of GE’s revenues and income under his management, Wendt was named Chairman and
CEO of Conseco, with the intention of helping the company reorganize and
restructure its operations. Wendt recently founded two companies, EXL and GW
Capital. He has been and remains a director of several publicly traded and
private companies.
GlobalOptions, Inc.
GlobalOptions, Inc.,
headquartered in Washington, D.C., is a corporate 911 comprised of security
experts, investigators, crisis communications specialists, attorneys, and former
senior policy makers. The company’s four main divisions are: Risk Management
& Security; Investigations & Litigation Support; Crisis Management; and
Corporate Governance.
Among its Senior Advisory Board members are Admiral
William J. Crowe (Chairman), former Chairman of the Joint Chiefs of Staff; R.
James Woolsey (Vice Chairman), former Director of the Central Intelligence
Agency; Ambassador Frances D. Cook, former U.S. Ambassador to Burundi, Cameroon,
and the Sultanate of Oman; Robert L. (Bob) Livingston, former Speaker Designate
for the U.S. House of Representatives; Sir Richard Needham, former Minister of
Trade for Great Britain; Ronald B. Richard, President of the Cleveland
Foundation; William Sessions, former Director of the FBI; Rodney E. Slater,
former Secretary of Transportation; William H. Webster, former Director of the
FBI and CIA.
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Source : http://www.prweb.com/releases/2004/9/prweb159292.htm