Updatet on CardioNet Management Changes

A few weeks ago I reported on the somewhat surprising departure of CardioNet CEO Arie Cohen and the start of the search for a new one. Apparently, Chairman & Acting CEO Randy Thurman has quickly found the right replacement: himself (see yesterday's press release).
My guess is this result was preordained, and had little to do with Mr. Cohen's level of competency..

Checkpoint Systems, Inc. Announces Fourth Quarter and Full Year 2008 Results (Business Wire)

7 venture firms form group to confront common issues (Philadelphia Business Journal)

CDI Corp posts Q4 profit below market estimates (Reuters)

ERT Reports Fourth Quarter and Full Year 2008 Results (PR Newswire via MSN Money)

Virgin Trains in race to realise Barack Obama's high-speed rail system (Times Online)
May bid on possible Boston to Washington route.

SAP's CTO shares his vision for SAP's product roadmap (SearchSAP.com)

Unisys Technology Center Sells for $19.5M
Unisys will Leaseback 50% of the Buildings (CoStar Group)

U.S. Internet firms defend tighter Web management (Reuters)

Cash-rich Comcast won't buy anything crazy: analysts (Philly.com: Philly Deals)

Canoe Makes Progress with EBIF (Media Experiences 2 Go)

Lockheed Martin Invests in Smart Grid Research and Development at Penn State University
(PR Newswire)

Rethinking CEO Salaries
Pay-for-performance structures are enjoying a resurgence. (Entrepreneur Magazine)
Highlights CRM software firm Mission Research of Lancaster.

West Philly non-profit's software bridging generational, cultural gaps (Keystone Edge)


Quote of the day:

"We are in a freaking depression!" said one exasperated Philadelphia-area Microsoft partner. "Ninety percent of my customers have not yet moved to Office 2007. Who cares about Office 14 or Exchange 14?"

VARs, IT shops in no rush for new Microsoft desktop (SearchITChannel.com)





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