MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 27, 2000 Marketer Ventures To New River From docHarbor Craig Le Clair, senior vice president leading the Strategic Marketing and Investment Services groups of docHarbor, left earlier this month for an executive position with NewRiver, an Andover, Massachusetts-headquartered e-commerce service provider and consultant to financial services firms. Le Clair reports directly to CEO Larry Renfro in the newly created position at NewRiver, and all sales, marketing, and business development personnel report to him. In response, docHarbor has adjusted its executive structure, hiring internally and shifting some responsibilities. John Upham, who had worked under Le Clair, is now vice president in charge of Marketing and New Business Development, and senior vice president Bill Pfeiffer has taken over the management of Le Clair's investment services sales representatives. "NewRiver had been courting Craig for many months," said Upham. He is confident of the company's integrity, explaining that the departure is only one of many changes in the works for docHarbor, which is owned by financially troubled Anacomp. "We are very close to announcing a spin-off," Upham said, citing the company's contract with Donaldson, Lufkin and Jenrette, who have been soliciting the funding for the move. Anacomp, which missed a debt payment on a $311 million bond in the beginning of October, is seeking an injection of liquid capital from the split. DocHarbor, formerly an Adesso holding, provides secure archiving and document delivery for a number of areas, with particular focus on the financial services industry. Printed from: MFWire.com/story.asp?s=25956 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |