iGate statement on Phaneesh Murthy

Fremont, Calif, May 20, 2013 - iGATE Corporation (NASDAQ: IGTE) announced today that its Board of Directors has decided to terminate the employment of President and CEO Phaneesh Murthy. Concurrently, the Board has appointed Gerhard Watzinger as President and CEO on an interim basis. All changes are effective immediately.

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Posted by Interim Partners, Interim finance director specialists.

Posted on May 21st, 2013 by Admin  |  No Comments »

Board announces search committee for library director

Library Board President Kevin Stow said the search committee will include Trustees Jane Acker and Tyler Eason; Roger Kluesner, president of the Ames Public Library Friends Foundation; Melissa Mundt, assistant city manager; Julie Huisman, director of human resources for the city; and library staff Jill Anderson and Mary Logsdon.

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Posted by Interim Partners, Interim public sector management specialists.

Posted on May 21st, 2013 by Admin  |  No Comments »

Let's Take A Minute To Review The Failed Recession Calls Of ECRI And Lakshman Achuthan

ECRI's weekly Excel spreadsheet includes the WLI and the Growth series, but the latter is a series of values without the underlying calculations. After a collaborative effort by Franz Lischka, Georg Vrba, Dwaine van Vuuren and Kishor Bhatia to model the calculation, Georg discovered the actual formula in a 1999 article published by Anirvan Banerji, the Chief Research Officer at ECRI: The three Ps: simple tools for monitoring economic cycles - pronounced, pervasive and persistent economic indicators.

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Posted on May 21st, 2013 by Admin  |  No Comments »

How to back the US stock market boom

The S & P 500 is one of the most efficient stock markets in the world. The transparency of share dealing and the availability of accounts and company ratings mean that it is more difficult for active fund managers to unearth an unknown advantage. Paying 1.5pc a year or more to a fund manager who can't beat the S & P is a hard pill to swallow – so many investors prefer to opt for funds that track the market.

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Posted on May 21st, 2013 by Admin  |  No Comments »

This week's meetings 5/20/13

Luzerne County council strategic initiatives committee, 6:30 p.m., jury room, second floor, courthouse, 200 N. River St., Wilkes-Barre.

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Posted by Interim Partners, Interim finance director specialists.

Posted on May 21st, 2013 by Admin  |  No Comments »