Senior Executive Tapped to Direct Growth of Monsterís International Business, Responsible for All Business Activities in Europe and Asia Pac Former President of CIGNA Health Services Douglas Klinger Joins Company as President, Monster North America.
Monster Worldwide, Inc, parent company of, Monster(R), has announced that it has named senior executive Steve Pogorzelski to the newly created position of Group President, International. In his new role, Mr. Pogorzelski, will be responsible for all of Monster Worldwideís business activities in Europe and Asia Pacific, operations which represented approximately one quarter of the Companyís total revenue over the past 12-month period. Mr. Pogorzelski formerly served as President of Monster, North America.
Steve Pogorzelskiís vast experience and expertise uniquely qualify him to lead Monsterís strategic expansion overseas, and we are excited to have Steve assume the role of Group President, International today, just as the online recruitment business and Monster are becoming truly global in scope. Steveís success leading Monsterís growth and development in the United States and his comprehensive knowledge of our business will enable him to further entrench and leverage Monsterís potent sales structure and its winning operating formula overseas, said Andrew J. McKelvey, Chairman and Chief Executive Officer of Monster Worldwide.
Under Steve Pogorzelskiís leadership over the past six years, Monster North America has implemented a fully integrated, targeted sales approach, leveraging field sales to secure business from larger Enterprise customers, and telesales and electronic commerce to service smaller and medium-sized businesses. Over this six year period, Monster North America revenue has grown ten fold to $563 million for the trailing twelve months ended June 2005 driven by a significant increase in the customer base.
Simultaneously, Monster Worldwide announced the appointment of Douglas Klinger to President, Monster North America. Mr. Klinger, who was formerly President of CIGNA Health Services, will join Monster effective immediately with responsibility for overseeing all core business activities in North America.
We also welcome Douglas Klinger to the Monster family. Doug is a proven senior executive with a 20-year record leading high-performance, customer-focused growth organizations. I am confident that Doug will apply his considerable leadership skills and deep familiarity with customer-oriented and sales-driven businesses to extend Monster North Americaís strong revenue momentum and growing profitability, added Mr. McKelvey.
As President of CIGNA Health Services, Mr. Klinger led one of the companyís most profitable and fastest-growing operations, serving 28 million customers through five wholly-owned specialty health care companies.
We continue to deepen the talent level that is leading Monster forward and the addition of Doug Klinger is another prime example, said Bill Pastore, Chief Operating Officer of Monster Worldwide. I personally worked with Doug during my years at CIGNA, and am excited about the opportunity to work with him again at Monster. Doug is a natural leader, with a stellar track record of generating top line growth and higher profit in a competitive environment. His strategic thinking and strong operating discipline make him an ideal fit as we aim to take full advantage of Monsterís growth opportunities.
Monster Worldwide Appoints Steve Pogorzelski Group President, International
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